- Altcoin market rallies with a 5% jump in hours, pushing total cap to $750B, fueled by Trump’s 90-day tariff pause and improving macro sentiment.
- Top performers include AVAX (+14%), LINK (+15%), SOL (+14%), HBAR (+15%), and TRX, all showing strong price action and potential breakout zones.
- Investors are rotating back into risk assets, eyeing key resistance levels and potential continuation if bullish momentum holds into Q2.
The altcoin market’s showing some real teeth this week—bouncing hard alongside the broader crypto scene. Within just a few hours, the total altcoin market cap shot up 5%, now hovering around $750 billion. Not bad for what looked like a shaky April start.
And it’s not just a fluke move—Bitcoin (BTC), Ethereum (ETH), and XRP are also climbing, all riding the wave of renewed optimism after Trump’s surprise 90-day tariff pause. The whole thing’s sparked a full-blown risk rally, with investors rushing back in like they just remembered what FOMO felt like.
AVAX, LINK, SOL, HBAR, and TRX Pop Double Digits
Altcoins across the board are lighting up. Some of the usual suspects—Avalanche, Chainlink, Solana, Hedera, TRON—they’re leading the charge.
Avalanche (AVAX)
AVAX bounced right off the $15 floor and is now trading around $18.50—up over 14% in 24 hours. It’s building higher lows, which usually means bulls are sniffing around. If it clears $21 cleanly? Could be game on for a breakout. Market cap? Sitting strong at $7.6B.
Chainlink (LINK)
LINK’s also riding high at $12.60, up 15% on the day. Solid strength here, and if the trend holds, $15–$16 might be right around the corner. Market cap? About $7.4B. Not too shabby.
Solana (SOL)
Solana is back in beast mode—$119.06 after a 14% intraday surge. There’s heavy buying here, and if SOL can smash through that $125 resistance, a sprint to $140 wouldn’t be outta the question. Market cap’s already over $40B, so momentum’s clearly in play.
Hedera (HBAR)
HBAR’s quietly putting in work too. It’s up to $0.1712, logging a 15% daily gain. That’s after breaking free from a long, slow consolidation. With a nearly $6B market cap, the next level to watch is $0.20—last time it touched that, sellers came in fast.
TRON (TRX)
TRX is a little more chill but still moving—$0.2411, up 2.2% in the past day. It’s been slowly grinding upward, and if the market stays hot, it might finally take a shot at $0.25–$0.26. With a $8.5B cap, TRX is showing quiet strength, just flying a little under the radar.
What’s Driving the Rally?
All this action started brewing after Trump’s big move on April 9, when he hit pause on tariffs for 90 days and announced a new flat 10% base tariff. That’s softened inflation fears and opened the door for more risk-on trading—especially in crypto.
So while things are still shaky on the macro front, this move brought back a bit of swagger across the market. If the rally holds, we might just be looking at the start of a real Q2 rebound.
