Bitcoin, as the first and most famous cryptocurrency, traditionally sets the tone for the entire crypto market. Its price fluctuations and technological updates often have an impact on altcoins. However, in recent years, we have seen a trend where individual altcoins demonstrate independent growth driven by unique technologies, an active community of developers, or specific use cases fckcoin.org
One of the key trends is the development of DeFi (decentralized finance) on blockchains other than Bitcoin. Platforms offering lending, loans, trading and other financial instruments based on altcoins attract significant investments and a user base. Ethereum, thanks to its well-developed smart contract infrastructure, has remained a leader in this field for a long time, but now new players are emerging offering faster and cheaper transactions.