Research 10x: Institutional FOMO, DeFi Fever, and Favorable Regulations Propel Altcoins Skyward
The cryptocurrency market experienced an explosive week with Bitcoin surpassing $95,000, driven by reduced macroeconomic risks, record inflows from ETFs, and a weakening USD. Altcoins also surged strongly due to institutional interest, ecosystem expansion, DeFi explosion, and favorable regulatory winds. Solana (SOL) increased 6.7% from institutional buying and meme coin activity. Ripple (XRP) and Polkadot also recorded growth despite legal risks and ETF approval delays.
Stellar (XLM) jumped 18.1% through partnerships with Asian retail giants. SUI rose 64.3% due to soaring DEX trading volume and stablecoin ecosystem expansion. Raydium Protocol (RAY) benefited from Solana on-chain meme coin incentive plans, increasing 27.9%. Aave (AAVE) grew 21.5% from buyback plans and GHO stablecoin growth.
Trump Token surged 86% after plans for a dinner with Trump, despite political controversies. After Algorand Foundation launched a decentralized ID project, ALGO price increased 18.4%. BONK rose 55.7% through Token issuance and Non-Fungible Token buybacks. Ondo increased 16.7% from positive SEC tokenization discussions.
The market is monitoring US macroeconomic data and Arizona's Bitcoin storage law. Loopscale, a Solana lending protocol, was attacked, losing 5.7 million USDC and 1,200 SOL. Bitcoin price growth after the 4th halving is 43.4%, significantly lower than previous halvings.
Analysis suggests Bitcoin could potentially reach $285,000 by 2030 if stablecoin supply increases, according to Citibank predictions. The market is focusing on upcoming non-farm labor data and consumer price index.