Bitcoin Hits $118K! Ethereum, Solana, XRP Price Rally, Cardano Leads Altcoin Surge

The post Bitcoin Hits $118K! Ethereum, Solana, XRP Price Rally, Cardano Leads Altcoin Surge appeared first on Coinpedia Fintech News

The crypto market is flashing green across the board. In the last 24 hours, almost all top cryptocurrencies, including Bitcoin, Ethereum, XRP, BNB, Solana, and Cardano, have seen impressive gains.

Bitcoin Hits $118K: Bull Market Back?

On July 10, 2025, Bitcoin surged to a new all-time high of $118,397, triggering fresh optimism in the market. This breakout is widely seen as a risk-on signal, with analysts suggesting it may drive capital rotation into top altcoins.

Rick Maeda, a leading crypto analyst, says Bitcoin’s momentum could inject liquidity into the broader altcoin market. Historically, BTC rallies often kickstart a second wave of gains in coins like Ethereum and Solana.

Altcoins Wake Up: ETH, SOL, ADA Post Strong Gains

In just 24 hours:

• Ethereum (ETH) is up 7.5%
  
• XRP has gained 7.1%
  
• BNB increased by 2.7%
  
• Solana (SOL) rose 4.1%
  
• Cardano (ADA) jumped 15.2%
  

Ethereum is now testing its 2024 highs near $3,000, with a 17.48% rally in the past four days, reaching $2,986.25. Solana also recorded a strong 10.21% rise over the same period, now priced at $164.02.

Mid-cap tokens are also rallying. Memecoins like Pepe rose 14.4%, and HYPE surged 10.2%, showing early signs of a broader altcoin breakout.

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Ethereum Leads the Altcoin Charge

Analysts agree: Ethereum is poised to benefit the most from this market uptrend.

Boosted by strong ETF inflows and increased institutional interest, ETH has outperformed BTC over the past week with a 17.2% gain.

• BTSE COO Jeff Mei predicts ETH could hit $3,200 soon.
  
• LVRG Research’s Nick Ruck adds that ETH, SOL, and XRP could surge once Bitcoin’s volatility cools off.
  

With BTC hitting new highs and capital rotating into altcoins, the crypto market could be entering the next stage of the 2025 bull run.