Core Insights - Bitcoin's recent price surge has led investors to seek higher returns in alternative cryptocurrencies, with some experiencing faster growth than Bitcoin [1][3] - XRP has seen a 530% increase since Trump's election, while Cardano's market cap is approximately $29 billion, having risen about 150% during the same period [1][4] - Bitcoin's market share has decreased from 65.9% to around 61%, while XRP's market share has increased by over 250% [4] Market Dynamics - Bitcoin's price has risen by 70% due to favorable government commitments aimed at legalizing the cryptocurrency industry [3] - The U.S. Congress recently passed a series of cryptocurrency bills, marking significant progress in the regulatory landscape [3][5] - Approximately 80% of cryptocurrency trading volume has shifted towards altcoins in the past 30 days, indicating a potential new cycle in the market [5] Institutional Involvement - Institutional capital entering the cryptocurrency market is fundamentally changing market dynamics, with a focus on fundamentals rather than speculative trading [6] - AMP became the first major Australian pension fund to hold cryptocurrency, purchasing $27 million worth of Bitcoin [6] - The presence of institutional buyers is expected to reduce Bitcoin's volatility, thereby increasing demand for altcoins [6] Altcoin Popularity - Cardano's popularity is attributed to its founder Charles Hoskinson, who has garnered a strong following among retail investors [7] - There are approximately 25,000 cryptocurrencies in the market, with 99.9% considered worthless, primarily for speculation [7] - Only about 10 to 15 cryptocurrencies are believed to hold real value, according to industry experts [7]