Crypto Market Rises 0.54% ($23B) in 24H, Extends 7-Day Rally

Market Overview: Sustained Uptrend Gains Strength

According to aggregated market data, the total cryptocurrency market capitalization now stands above $4.28 trillion, up from $4.26 trillion the previous day. The steady increase reflects a combination of institutional inflows, retail re-entry, and broad altcoin participation, which have all contributed to the recent rally.

Bitcoin remains the primary driver of market sentiment, holding firm near its record highs above $120,000. Its price stability and liquidity dominance have created a favorable environment for capital rotation into altcoins. Meanwhile, Ethereum has reclaimed the $4,100 level, adding further support to the overall bullish structure.

Market analysts point out that this seven-day rally aligns with seasonal patterns often observed during the fourth quarter, when increased trading activity, institutional positioning, and new market narratives tend to emerge.

Altcoins and DeFi Tokens Lead the Charge

While Bitcoin anchors the market, altcoins and DeFi tokens have outperformed over the last week. Projects in the Layer-1 and Layer-2 ecosystem, including Solana (SOL), SUI, and Kaspa (KAS), have seen significant double-digit gains as trading volumes surge.

• Solana (SOL) has experienced a strong breakout above key resistance levels, with total value locked (TVL) and DeFi activity reaching new 2025 highs.

• SUI and Jupiter (JUP) continue to gain traction thanks to expanding ecosystem integrations and rising developer activity.

• Kaspa (KAS) has drawn increasing institutional attention due to its high-throughput blockDAG structure, positioning it as a standout performer in this rally.

The Ethereum Layer-2 ecosystem is also seeing fresh inflows, with rollup networks benefiting from lower transaction costs and accelerating user adoption. This broader participation is helping to sustain the rally beyond Bitcoin’s performance alone.

Stablecoins and Market Liquidity

Stablecoin supply has remained stable but elevated, indicating healthy liquidity conditions. The total circulating value of major stablecoins, including USDT, USDC, and FDUSD, continues to support trading volumes and capital flows across both centralized and decentralized exchanges.

Analysts note that stablecoin inflows typically precede further market expansion, as they represent dry powder waiting to enter the market. The sustained high levels suggest that institutional desks and high-net-worth investors are positioning for continued upside through Q4.

Institutional Flows and Macro Tailwinds

Institutional demand remains one of the strongest tailwinds behind this rally. Spot Bitcoin ETFs are reporting record inflows, while regulated digital asset funds have seen a steady increase in capital commitments. This reflects growing confidence in crypto’s role as a legitimate asset class amid declining real yields, geopolitical uncertainty, and increased regulatory clarity in key jurisdictions.

Global macro factors — including easing monetary policy in several regions — are also contributing to risk-on sentiment. With Bitcoin acting as a macro hedge and altcoins capturing speculative momentum, the current market structure mirrors previous pre-breakout phases seen in earlier bull cycles.

Outlook: Q4 Momentum Builds

As the market enters October, traders and institutional participants are closely watching whether this seven-day rally can evolve into a broader Uptober surge. Historically, Q4 has delivered some of crypto’s strongest performances, often driven by a combination of macro tailwinds, capital rotation, and new narratives.

If Bitcoin maintains its current support levels and stablecoin inflows remain elevated, analysts believe the conditions are set for continued market expansion into the final quarter of the year.