Ethereum
Ethereum and Large-Cap Tokens Rise as Speculative Cryptocurrencies Retreat
Ethereum recorded modest daily gains and maintained a 53% 90-day increase, outpacing smaller tokens like Dogecoin.
Ethereum rose 0.7% on October 1 as major crypto assets climbed together, with Bitcoin adding 1.3%, XRP gaining 0.6%, and Solana up 0.3%. In contrast, meme coin Dogecoin fell 4.7% alongside losses in other smaller assets including Zcash and NEAR Protocol.
The pullback in alternative coins highlights a trend where traders shifted away from more speculative assets as market leaders gained traction. Just days prior, Bitcoin's market share had fallen below 60% before broader caution triggered steeper drops in tokens with thinner liquidity.
Over a 90-day window ending October 1, Ethereum outperformed all other major tokens with a 53% gain. That exceeded returns recorded by Solana at 43%, Bitcoin at 33%, XRP at 31%, and Dogecoin at 22%.
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