Key Points

• Altcoins recorded important price surges in the past 24 hours.
• Coins like ADA, TRX, LINK, and others surged above 10% today.

Altcoin season is just getting started and various digital assets are seeing significant price surges. Currently, the global crypto market cap is at $3.45 trillion, seeing a 2% increase over the last day.

Altcoins Prices Surge, Marking the Altcoin Season Debut

Today, more altcoins recorded important price surges, including ADA, LINK, TRX, and others.

Over the last 24 hours, Cardano (ADA) recorded a price surge of over 10%, and it’s currently trading at $1.22, with a market cap of over $42.6 billion. On December 2, ADA traded at $1.1 and had a market cap of around $38 billion, before its surge today.

Tron (TRX) also recorded an impressive price surge today, rising by over 12%. At the moment of writing this article, TRX is trading at $0.23 and has a market cap of over $20.2 billion. Earlier, TRX recorded a market cap of almost $21 billion.

Chainlink (LINK)’s price surged by almost 12% in the past 24 hours, and the coin is now trading at $23.7. LINK currently has a market cap of over $14.7 billion, after reaching over $16.5 billion at the end of the day on December 2.

Another significant altcoin that recorded an impressive price surge recently was XRP which reached $2.84 earlier today, and a market cap of $136 billion. However, the coin recorded a price drop of 1% since.

As the altcoin season debuted, Binance’s founder, CZ also highlighted its start in a post on X a few hours ago. The rise in altcoins’ prices debuted as Bitcoin’s dominance started to decline earlier today.

On December 1, Bitcoin and crypto YouTuber, CryptoRover also shared a post on X, declaring the beginning of altcoin season and stating that large capital coins have gone full vertical.