- Internet Computer leads altcoin rally with 26% surge and nearly $800M in trading volume.
- Privacy and PoW tokens like Zcash and Dash dominate gains amid rising liquidity.
- Market rebound shows renewed investor confidence in mid-cap and infrastructure assets.
Several altcoins recorded strong price increases over the past 24 hours, led by Internet Computer (ICP), which posted the highest daily advance among major digital assets. Market data showed ICP climbing 26.01% to $6.33, with trading volumes reaching approximately $798.8 million. The move reflected renewed market activity after recent consolidation across the broader cryptocurrency sector.
Following ICP, Dash (DASH) and Zcash (ZEC) registered double-digit gains of 17.90% and 16.77%, respectively. Zcash’s price rose to $531.74, supported by $1.7 billion in trading volume, the highest among top performers. Dash also attracted significant interest, with volumes exceeding $1.3 billion, suggesting increased participation in privacy-oriented and legacy proof-of-work assets.
Broader Market Sees Increased Trading Activity
Beyond the leading gainers, Decred (DCR) advanced 15.34% to $42.29, while Quant (QNT) rose 11.95% to $84.74. Both recorded higher-than-usual trading volumes, indicating expanded market engagement beyond major altcoins.
Source: CoinMarketCap
The politically linked Official Trump (TRUMP) token also posted gains, climbing 8.45% to $7.76 on $1.1 billion in trading volume. The token’s continued activity reflected rising speculative participation during the latest market rebound.
Mid-Cap Tokens Extend the Uptrend
Mid-cap and smaller-cap assets followed the same upward trend. Aerodrome Finance (AERO) gained 8.02%, while XDC Network (XDC) and Flare (FLR) increased 6.87% and 6.51%, respectively. Additional upward moves were observed in DoubleZero (2Z), Trust Wallet Token (TWT), Kaia (KAIA), and GateToken (GT), each rising between 4.29% and 4.88%.
Liquidity Returns to Alternative Assets
The performance of these tokens pointed to a broader recovery phase led by infrastructure and privacy-focused projects. High daily volumes across multiple assets indicated a reemergence of liquidity in the altcoin segment.
Analysts observed that the rebound came after prior market corrections earlier in the week, suggesting that capital rotation toward alternative digital assets remained active. The gains, concentrated among utility and network-layer projects, reflected short-term optimism as the market tested resistance levels across key capitalization tiers.
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About the Author: Peter Mwangi
