XLM, university and AAVE increase in double digits, while BTC retains $ 94,000

• Several old coins have remarkable growth, while the cryptoma market is preparing for a new upward dynamics.
• This is due to the fact that Bitcoin, after the declines that dropped him on low stalls of $ 91,000 this week, easily increase.
• While BTC recaptured the area over $ 94,300, Stellar (XLM), Uniswap (Uni) and Aave (AAVE) each rose by more than 11 %.

XLM, university and aave tokens rise sharply

XLM was traded at $ 0.5066 at the time of writing this article, which corresponds to an increase of almost 16 % in the last 24 hours and over 103 % last week. According to Coingecko data, Stellar recorded a 24-hour volume of more than $ 4.6 billion and a market capitalization of $ 14.9 billion.

In the meantime, the university price commuted by $ 12.64, which corresponds to an increase of 15 % in the last 24 hours and 39 % last week. The uniswap market comprised $ 7.5 billion and the trading volume was over $ 1 billion.

The price of the decentralized financial giant Aave also recorded upward dynamics last month and noted over 198 US dollars. On Wednesday, the AAVE token reached an intraaday high of $ 195 and strives for a breakthrough over $ 200. Aave has increased by 12 % in the last 24 hours and 20 % last week.

other top altcoins, including XRP, Cardano (ADA) and Avalanche (AVAX), two-digit growth, with XRP is expected to increase over $ 1.40.

What delays the Altcoin season?

While the big altcoins and meme coins record decent growth, analysts say that the old coin season is still imminent. Ki Young Ju, CEO of Cryptoquant, comments on the old coin performance in this cycle compared to Bitcoin's increase to almost $ 100,000 and says that things are different.

"In comparison to the last cycle, the type of capital that flows into Bitcoin has changed. The current Bitcoin rally is primarily driven by the demand for institutional investors and spot ETFs. In contrast to crypto exchange users, institutional investors and ETF buyers have no intention to convert their assets of Bitcoin into old coins. Also operating outside of crypto exchanges, the rotation of assets becomes less feasible, "according to the analyst X .

The prospects are more correct for small cap-alcohol coins, since they may not attract institutional investors via ETFs or other investment instruments.

"Smaller old coins are still dependent on the users of crypto exchanges," said Young Ju.

This is what the old season delayed, the CEO from Cryptoquant noticed. This indicates a lower inflow of fresh capital by new stock market users.

Young ju added:

"If the Fomo flares up again in Bitcoin retail, the activity of the stock exchange users could increase and possibly lay the foundation for an old coin season.