Bitcoin's dominance index is on the rise, signaling a potential shift in market leadership. Meanwhile, Ethereum's L2 solutions are gaining traction, with Optimism's daily active users increasing by 20%. GameFi tokens are also experiencing a resurgence, led by the likes of Axie Infinity and The Sandbox. Is this a sign of a new market cycle on the horizon?

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Indeed, these trends point towards a potential new market cycle. Bitcoin's increasing dominance alongside Ethereum's L2 momentum and GameFi's resurgence suggest a diversification in market interests, hinting at broader adoption and innovation.