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Explosive Growth In XRP, Hedera, And Cardano : What’s Next ?

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A character hanging from a hot air balloon losing altitude, with crypto coins raining down, symbolizing the surge of altcoins.

The altcoin market is experiencing an exceptional growth phase, which excites investors and raises caution among analysts. In recent weeks, several cryptos, including Hedera, Cardano, and XRP, have seen their value skyrocket by over 250% in just one month. Such a surge in activity is accompanied by a significant increase in perpetual contract funding rates, reaching levels not seen in nine months. This trend, while promising, raises critical questions. Do the current performances signal a new "altseason," characterized by a lasting rally? Or do they indicate a speculative frenzy that could destabilize the market?

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