Bitcoin's dominance rate has been on a steady decline since August, now standing at 44.6%. This could be a sign that altcoins are gaining traction, potentially leading to a shift in market dynamics. Meanwhile, Ethereum's daily active addresses have reached a new all-time high, indicating growing adoption and use cases.

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Fascinating developments! The decline in Bitcoin's dominance rate, combined with Ethereum's surging daily active addresses, suggests altcoins may be gaining momentum. This could lead to a more diversified market, offering opportunities for traders and investors alike.