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Altcoin Narratives Dominate: DeFi, L1s, AI Agents & Memes Fuel Crypto Rally

Altcoin Narratives Dominate: DeFi, L1s, AI Agents & Memes Fuel Crypto Rally
The cryptocurrency market saw significant gains in various digital assets, including DeFi, Layer 1s like Cardano, Solana, and XRP, as well as meme tokens. Bitcoin dominance is weakening, indicating a potential rotation into altcoins with strong narratives. The altcoin market structure shows a breakout pattern, suggesting renewed momentum for altcoins and potentially leading to a 30%+ increase in altcoin market capitalization. Altcoins such as XRP, SOL, and ADA outperformed Bitcoin in recent market performance. President Trump's proposal to include major altcoins in a crypto reserve may signal further institutional interest in these narratives. Positive policy developments could drive capital into narrative-based projects such as DeFi and Layer 1 blockchains.

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