Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K By Cointelegraph

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© Reuters.

On Nov. 15, several altcoins continued to show strength alongside (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each chasing after new year-to-date highs.

The sustained bullish price action from altcoins has led some analysts to declare the arrival of an altcoin season, and at the time of writing, the total market capitalization of the altcoin market has hit a 2023 high at $659.5 billion.

DYDX price. Source: TokenTerminal
DYDX fees and revenue. Source: TokenTerminal
price. Source: TokenTerminal
Solana daily active users and revenue. Source: TokenTerminal
dYdX, Solana and fees. Source: TokenTerminal
AVAX price. Source: TokenTerminal
Bitcoin dominance. Source: Coinglass