
SUI, ENA and NEAR Surge 40–49% in Broad Weekly Altcoin Rally
- —ENA +49%, SUI +45%, NEAR +41%, ONDO +39%, XRP +22% over seven days
- —On Friday SUI rose 20%, ENA 17%, with LINK and NEAR up about 15%
- —93 of the top 100 assets gained on the day; altcoin participation hit a three-month high
- —Bitcoin climbed from below $63,000 in August to nearly $87,000 as spot ETFs absorbed about $4 billion
Why it matters: Broad altcoin gains with Bitcoin above $80,000 signal capital rotation into L1 and DeFi tokens, lifting overall risk appetite.
Source: The Crypto Times