In the cryptocurrency market, major altcoins are showing mixed movement. Binance Coin (BNB) and Ripple (XRP) rose more than 1%, displaying relative strength, while Ethereum (ETH) remained in negative territory. This is far from a phase where the entire market is rising together.

■ BNB and XRP Rise Over 1%... Solana Holds the $100 Level

As of September 3, 2026, on the Binance spot market, BNB was trading at $698.43, up 1.53% over the past 24 hours. It recorded a relatively high gain among major altcoins, with 24-hour spot trading volume totaling about $59.8 million.

XRP also showed strength. XRP rose 1.34% over 24 hours to $1.3642, with trading volume of about $164.6 million. Considering both its gain and trading scale, it can be seen as one of the major altcoins with relatively active supply and demand that day.

Solana (SOL) rose 0.88% to $100.89. Its gain was more limited than BNB and XRP, but it maintained the $100 level, showing a gentle rebound. Its 24-hour spot trading volume was about $202.1 million, the second highest among the four coins after Ethereum.

■ Ethereum Falls 0.45%... Largest Trading Volume

In contrast, Ethereum fell 0.45% over the past 24 hours to $2,408.28. Its spot trading volume was about $672.3 million, the largest among major altcoins, but its price showed weakness.

■ Clear Differentiation by Coin... Characteristics of a 'Selective Market'

The market's characteristic that day was clear differentiation by coin rather than altcoins moving broadly in the same direction. While buying flowed into BNB and XRP, Ethereum, with its large trading scale, declined, making it difficult to see the market as having entered a full-fledged altcoin bull phase.

Differences also appeared in trading volume. Ethereum recorded the largest trading scale at about $672.3 million, followed by Solana at about $202.1 million and XRP at about $164.6 million. BNB had the highest gain but relatively small trading volume of about $59.8 million. Therefore, rather than judging market strength by price gains alone, it is necessary to examine trading volume and price movements together.

■ Key Points to Watch Going Forward

Whether the direction of Ethereum and Solana, which have large trading scales, improves can be an important criterion for judging whether the altcoin market's rally will broaden. Conversely, even if XRP and BNB's upward momentum continues, if buying does not spread across major altcoins broadly, the current market may remain one of selective strength in certain coins.

In the short term, key variables that will determine the altcoin market's next direction include: ▲whether Ethereum's weakness eases ▲whether Solana continues its upward trend above the $100 level ▲whether XRP and BNB's trading volumes are sustained. The current market resembles a selective market where funds concentrate in certain coins rather than an 'altcoin rally.'

Given that prices can move quickly, rather than concluding trend continuation based on short-term gains alone, it is necessary to also check trading volume and the relative strength of major coins.

[※ This article was written for the purpose of providing information about the cryptocurrency market and does not recommend buying or selling specific virtual assets or guarantee investment returns. Price forecasts, support and resistance levels, target prices, and other figures mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and you may lose part or all of your investment principal. Investment decisions and their responsibility lie with the investor, so please fully review market conditions and relevant information before investing. This article was written with AI assistance.]