Isolated gains in select altcoins over the past month have not led to a wider rally across the market. Data shows persistent selling pressure and shifting dominance metrics.
Tokens including WLD rose 149.6 percent over the past 30 days while JTO gained 46.7 percent and HYPE reached an all-time high of 77 dollars on June 16. XLM advanced 54 percent during the same period. These moves were driven by token-specific factors such as treasury disclosures and network partnerships.
Broader altcoin dominance excluding Bitcoin, Ethereum and stablecoins slipped from 21.41 percent to 21.16 percent according to CoinGecko. Bitcoin dominance fell from 58.16 percent to 56.96 percent while stablecoin dominance increased from 10.79 percent to 12.53 percent.
CryptoQuant recorded 15 consecutive months of net altcoin spot selling totaling 240 billion dollars. The macro environment includes a Federal Reserve policy rate held at 3.50 to 3.75 percent with some policymakers eyeing a possible rate increase later in 2026.
