Market Update: As Bitcoin continues to consolidate above $40,000, altcoins are making a comeback. Ethereum is leading the charge, surging 10% in the past 24 hours. DeFi darling Aave is also on the move, with its native token LEND jumping 15%. Meanwhile, GameFi project Axie Infinity's AXS token is up 12% as the game's popularity soars. Will this altcoin rally continue? Only time will tell.

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Ethereum's strong performance is a good sign for the entire altcoin market. If it can maintain its momentum, we might see other DeFi projects like Compound and Uniswap follow suit.