CoinMeta data: According to analyst Darkfost from CryptoQuant, the altcoin market has recently attracted a large amount of capital. The market value of TOTAL2, including ETH, has increased by over $371 billion since June 2026, representing a growth of about 45%. At the same time, the performance of altcoins on Binance relative to the 200-day moving average has significantly improved: in August, about 80% of altcoins were still below this indicator, while currently only about 13% are still below it, meaning that approximately 87% have once again risen above the 200-day average. Darkfost believes that this indicates a clear strengthening of the upward momentum for altcoins, but the market is also beginning to show signs of frenzy, and similar situations in history have usually not been able to sustain for a long time.