The second quarter of 2025 has opened with uncertainty in the altcoin market. Major cryptocurrencies like Ethereum, Cardano, and Shiba Inu are showing distinct price behaviors, while investors are also eyeing new assets, like MAGACOINFINANCE, for higher upside potential.
Ethereum Holds Steady But Searches for Direction
Ethereum (ETH) is currently priced at $2,402.26, reflecting a 24-hour increase of 2.84%. While its 7-day momentum remains stable, the recent Pectra upgrade has already been factored into its price, leaving many wondering where the short-term catalysts will come from. Scalability issues and high gas fees continue to be concerns that prompt investors to seek lower-cap alternatives.
Cardano Struggles to Reclaim Key Levels
Cardano (ADA) is trading at $0.7031, increasing by 0.99% in the past hour but down 0.59% in 24 hours. Its 7-day performance shows a decline of 1.09%, emphasizing the ongoing struggle to build upward momentum. Although its ecosystem remains active, low trading volume near resistance at $0.72 suggests possible continued sideways action.
Shiba Inu Faces Pressure Amid Market Uncertainty
Shiba Inu (SHIB) is trading at $0.00001324, showing a slight gain of 0.73% hourly, but down 1.50% in 24 hours and 7.39% for the week. While the brand retains visibility, SHIB's chart indicates waning enthusiasm. Without a clear catalyst, traders are rotating into tokens with stronger fundamentals.
Currently, the altcoin market is exhibiting varied dynamics, prompting investors to explore alternative assets. New projects like MAGACOINFINANCE are attracting attention amid overall market instability.
