Part 11/14:
While Bitcoin remains in the spotlight, altcoins are beginning to show signs of life. Near Protocol, Solana, and Fantom led weekly gains, with Near up 5.3%, Solana up 1.8%, and Fantom up 0.8%. However, layer two solutions and some of the more hyped altcoins underperformed, further emphasizing that alt season might still be on the horizon rather than underway.
Market analysts suggest that "alt season" is currently off the floor but needs additional momentum to be considered fully back. Investors are advised to look at beaten-down alts with high potential for recovery.