Altcoins added $215 billion in market capitalization between Aug. 19 and Aug. 22, pushing TOTAL2—the combined market value of cryptocurrencies excluding Bitcoin—up more than 24% and back above $1 trillion. CryptoQuant analyst Darkfost found that 56% of Binance-listed altcoins had reclaimed their 200-day moving averages, marking a sharp reversal. The rally remains dependent on Bitcoin holding its reclaimed market structure, the report’s framing suggests.