That concentration could make future altcoin rallies more selective.”The result is a market where the flow that increasingly sets direction is concentrated in fewer names, traded more selectively,” the report said. It added that broad-based rallies, where most alternative cryptocurrencies rise together, are becoming less likely as institutional capital focuses on a handful of assets.Derivatives and tokenization gain tractionThe report also points to growing use of derivatives as another defining trend. Wintermute said notional trading volume in altcoin options on its OTC desk increased about 3.4 times from the second half of 2025 to the first half of 2026, driven…

Aave, the largest decentralized lending protocol, is considering a proposal to abandon six of the blockchains it had expanded onto, in a cleanup affecting about $98 million in deposits. The proposal would see Aave retire “low-adoption” asset markets and 21 expired Pendle principal tokens across 11 Aave deployments, while shutting down its presence on Sonic, Scroll, zkSync, Metis, Soneium and Aptos entirely.The arguments is based on economics. Each of the six deployments now generate less than $5,000 a quarter. Metis, Soneium and Aptos bring in under $1,000 each, according to the proposal. That does not cover the cost of running…

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