Binance Smart Chain's native token BNB reached a new all-time high of $858, surging 7% before retreating slightly. This price hike follows the announcement that Windtree Therapeutics plans to purchase up to $700 million in BNB, reflecting a growing trend of corporate crypto treasuries. Alongside BNB's rise, other altcoins including Optimism, Avalanche, Injective, and Worldcoin have also seen significant gains of 12.6%, 8.9%, 5.4%, and 3.7%, respectively. This wave of growth comes as Bitcoin dominance has decreased, allowing altcoins to outperform. Ethereum has experienced a notable resurgence, trading at $3,885 and with predictions suggesting a 68.5% likelihood of it reaching a new all-time high by the end of the year. Analysts note that as Bitcoin's market share has declined from 66% to about 60.43%, it signals a potential shift towards an 'altcoin season.' Overall, the current market dynamics suggest heightened interest and investment in alternative cryptocurrencies, reinforcing a bullish sentiment in the sector.

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