– DYDX, SOL, and AVAX are among the top-performing altcoins this month.
– The sustained bullish price action from altcoins has led to speculation of an altcoin season.
– DYDX’s price has been boosted by the launch of its layer-1 blockchain and increased user numbers.
– SOL’s price growth is driven by an uptick in users, particularly on the Jito liquidity staking platform.
– AVAX has seen double-digit gains in the past week, despite bringing in less revenue compared to SOL and DYDX.
– Bitcoin continues to dominate the overall market, but a decrease in Bitcoin dominance could signal the start of an altseason.
