“Altcoin Momentum Builds as Ether, DOGE Steal Spotlight from Bitcoin”

Altcoins Take Center Stage as Ethereum and Dogecoin Outpace Bitcoin

Bitcoin (BTC) remained steady just under $120,000 during Monday’s Asia session, up 1% on the day and 2.6% over the week. But despite its resilience, investor attention is shifting decisively toward altcoins, as capital flows rotate into assets like Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE).

This shift coincides with rising institutional appetite for Ethereum-related products, growing interest in real-world asset (RWA) tokenization, and optimism around clearer crypto regulation in the U.S.

Ethereum Surges on Institutional Demand

ETH jumped 3.7% to $3,793 — a 25% weekly gain — reaching levels not seen since early 2022. The rally has been underpinned by strong inflows into ETH-based ETF products and new on-chain treasury solutions, according to analysts. Some now believe ETH could be on track to test its all-time highs.

“The Ethereum narrative is finally catching up with flows,” said Eugene Cheung, Chief Commercial Officer at OSL. “Institutional allocations are widening, and Ethereum is at the heart of that rotation.”

Notably, the ETH/BTC ratio, which had trended lower for months, is now rebounding, reflecting growing confidence in Ethereum’s relative performance.

DOGE, SOL, XRP Join the Rally

ETH’s momentum is being mirrored across the altcoin landscape:

XRP gained 4.1% to trade at $3.55
SOL rose 6.6% to $189
ADA and BNB each advanced over 3%
DOGE surged 9.6% to $0.2774 — up over 33% for the week, its strongest rally in over a year

“Altcoins are waking up,” said Enmanuel Cardozo, analyst at Brickken. “We’re seeing rotation as Bitcoin pauses just under record highs and investors look for high-beta plays.”

Supporting this view is Bitcoin’s falling market dominance, which dropped from a 66% peak in June to 61.75% today — signaling capital is increasingly flowing into the broader crypto market.

RWA Narrative and Policy Tailwinds Fuel Momentum

Institutional interest in real-world asset tokenization is also gaining steam. The RWA sector has now crossed $24 billion in tokenized value, encompassing everything from real estate and Treasuries to private credit markets. BlackRock and JPMorgan are among the traditional finance giants exploring this space.

“Tokenized assets are taking a growing share of DeFi,” Cardozo added.

Meanwhile, the GENIUS Act — a proposed U.S. bill aimed at regulating stablecoins and clarifying crypto tax treatment — continues to move through Congress despite recent procedural hurdles. The market views it as a potential catalyst for further institutional entry.

Outlook: Altcoin Cycle in Motion?

While it may be early to declare a full-fledged altseason, analysts see signs of one taking shape.

“With most large institutions already positioned in Bitcoin, it’s natural to see risk spill over into the rest of the market,” said Augustine Fan, head of insights at SignalPlus. “We’re watching Ethereum and RWA-linked tokens as likely leaders in the next leg.”

If Bitcoin remains range-bound near $120K, analysts say Ethereum and other institutional-aligned altcoins could drive the next wave of crypto gains heading into Q3.