Bitcoin and Ethereum are not the only cryptocurrencies on the rise. Solana and Dogecoin have posted even larger gains. Bitcoin recently traded above $121,000, close to setting a new all-time high, while Ethereum experienced a significant surge, rising 29% over the week and approaching the $4,700 mark. Solana, a major altcoin, spiked to a peak of nearly $204, reflecting a 9% increase in one day. Dogecoin saw an 8% rise, reaching approximately $0.24. Despite this, Dogecoin needs to climb 67% to surpass its previous all-time high from 2021, while Solana continues to thrive after hitting major price milestones earlier this year. These developments reflect increasing investor interest across the altcoin market, catalyzing substantial investment flows into Ethereum and other cryptocurrencies, especially after positive market sentiments spurred by recent trends. Institutional interest also continues to grow, further edging the market closer to potential record highs.

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