Bitcoin’s price consolidating above $90,000 range has sparked a bullish wave across the crypto market, marking the return of altseason. As Bitcoin leads the charge, major altcoins like Fantom (FTM), ONDO, Hedera (HBAR), The Sandbox (SAND), and IOTA are posting substantial gains, surging more than 30% a day.
IOTA: Up 52%
IOTA climbed to $0.49, gaining 52%, with market capitalization valuing at $1.73 billion and 24-hour trading volume at $756.04 million, surging 94%. With IOTA crossing 45% in just 24 hours, investors are watching the market closely.
Its innovative Tangle architecture and open-source product suite fuel Web3 adoption by enabling secure and scalable data transfers for businesses and institutions.
Ondo (ONDO): Up 45%
The ONDO token has jumped to $1.72, marking a 45% increase, with a market capitalization of $2.39 billion and 24-hour trading volume of $944.72 million, surging a staggering 301%.
The Ondo DAO’s governance model empowers token holders to influence projects like Flux Finance, advancing its mission to democratize access to institutional-grade financial tools.
Hedera (HBAR): Enterprise-Grade Network Gains 49%
Hedera reached $0.3505, up 49%, with a 24-hour trading volume of $7.20 billion, surging 105%, and a market capitalization valued at $13.39 billion. Hedera surged 44% in just one day.
Known for its enterprise-grade decentralized applications, Hedera’s high throughput and sustainable model continue to attract developers and businesses.
Sandbox (SAND): Gaming meets Blockchain, Rises 32%
SAND saw a 31% rise to $0.8031, driven by growing demand for its blockchain-based virtual world. The market capitalization is currently valued at $1.95 billion and the 24-hour trading volume is currently standing at $2.06 billion, surging a staggering 195%.
VeChain (VET): Up 49%
VET pumped 49%, currently valuing at $0.06876, with market capitalization valuing at $5.57 billion and 24-hour trading volume standing at $1.09 billion, surging a staggering 240%.
A distributed platform backed by the Internet of Things (IoT) technologies, blockchain, and NFC chips to solve data-related problems.
Fantom (FTM): Sonic Upgrades Ignite 25% Surge
Fantom’s price jumped 25% to $1.26 following the announcement of its upcoming Sonic Network. The Market capitalization is currently valued at $3.51 billion and the 24-hour trading volume, surging 127.41%, values at $1.40 billion.
Key upgrades include live pruning, enabling efficient data removal by validators, and the Fantom Virtual Machine (FVM), which will replace the EVM to enhance smart contract performance.
The $FTM token will transition to $S tokens during Sonic’s launch, ensuring a seamless 1:1 redeemability.
With Bitcoin’s rally reviving market confidence, altcoins are primed to shine. This altseason showcases how innovation across platforms is redefining the crypto landscape, with tokens like ONDO, IOTA, VET, and HBAR leading the way. Will these rallies be sustained?
