Altcoins Soar as Total Market Cap Excluding Bitcoin Rises 32% in a Month

Altcoins have seen a significant surge in recent times, with the total market capitalization of all crypto assets excluding Bitcoin and stablecoins rising by nearly 32%.

This growth can be attributed to large-cap altcoins such as Zcash and legacy coins like Dash, which have posted double-digit weekly rallies.

Other notable assets that have seen impressive gains include UNI, up 39%, and ARB, which has doubled in value over the past week.

The Robinhood Chain has broken volume records, contributing to the overall increase in altcoin performance.