With Bitcoin stabilizing above $66,000, the altcoin market is seeing significant recovery. Excluding Bitcoin and Ethereum, the market has surged past the $600 billion mark, reflecting a 7.19% increase from its 7-day low.
In this revitalized market, SUI and Pyth Network are well-positioned to regain their top rankings. Analysts are speculating on potential 2x growth for these networks during this period, popularly referred to as Uptober.
This market behavior highlights renewed investor confidence in altcoins, indicating a bright future for significant players like SUI and Pyth Network in the upcoming months.
Джерело: coinpedia.org ↗