Altcoin Market Surges $371 Billion Since June
The altcoin market has seen significant growth since June, with its total market capitalization increasing by more than $371 billion.
This represents a gain of around 45% compared to June 2026, according to recent data. The improvement in the market is also reflected in the percentage of Binance-traded altcoins that are above their 200-day moving averages.
In August, approximately 80% of these altcoins were below this long-term trend measure, but by September 27, that share had fallen to around 13%. This means that roughly 87% of Binance-traded altcoins now sit above their 200-day moving averages.