📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Hedera 42 %, Stellar XLM 65 %, Sui 38 %, ADA 25 %—Is Altseason Here and What's Driving the Rally? - Crypto News Flash
The crypto market is experiencing a vibrant recovery in prominent altcoins with Ethereum (ETH) regaining its position as the most dominant crypto in the space. Within this week alone, some of the top-value altcoins have experienced a remarkable upward performance, with Hedera (HBAR) gaining 41%, Stellar (XLM) increasing by 65%, Sui (SUI) adding 37% to its value, and Cardano (ADA) surging by 25%.
The rally comes amid signals of Ethereum overpowering Bitcoin and leading to expectations of an Altcoin Season. At press time, Hedera traded at $0.2367, retaining most of its weekly gains. Whilst, SUI price’s $4 breakout also attracted attention
On July 15, Hedera released an announcement of the upcoming release of a new rewards program named HederaToEarn (HTE) that will supposedly encourage Hedera users to interact with the network. The project will onboard three existing applications with a combined user base exceeding 20 million, directly into the HTE ecosystem.
The incorporation is being perceived as a critical step toward getting more real-world adoption of the Hedera network, which would propel the number of users as well as the transactions that can be executed. The team added, “Cashtree, Mars Labs, and NFT-based idle P2E game Berryfox are the first communities to enter the HTE ecosystem, with more to come.”
Is Altseason Finally Here? Ethereum Signals Say ‘Maybe’
Crypto analyst Daan Crypto Trader is of the view that the circumstances leading to altcoin re-rotation have been very encouraging for more than two years. He wrote, “The $ETH/BTC ratio is breaking higher and has flipped its market structure… Historically, ETH has always been the leader for market-wide altcoin outperformance.”
Daan opined that Bitcoin dominance is “breaking down slightly” after failing to break the 70% resistance zone, opening the possibility of capital rotation into altcoins. At the same time, Ethereum’s dominance is inching toward the critical 10% level. Analyst Rekt Capital tweeted: “Ethereum Dominance would need to convincingly break 10% market-dominance to enter the green circled phase.”
While Daan cautioned against expecting a full-scale AltSeason, he emphasized the potential for narrative-driven surges, advising investors to “stick with the winners” and avoid lagging assets. With Ethereum once again emerging as a leader and Bitcoin slimming at $120K, the foundation towards an altcoin recovery can already be gathering grounds.
Recommended for you: