The cryptocurrency market experienced a sharp rebound on February 9, 2026, with three altcoins delivering powerful gains of up to 42% in a single day. The rally, characterized by heavy trading volume and strong buying pressure, pushed overall market sentiment back into positive territory and highlighted renewed confidence among traders seeking short-term opportunities.
Pippin (PIPPIN) led the charge with the most dramatic move, surging 42.36% to trade at $1.4 per coin. The session saw intense volatility, with prices dipping to around $1.3 before buyers aggressively drove the coin to a session high near $1.4. The rally was supported by a daily global trading volume of approximately $1.29 trillion, and the token's market capitalization climbed to around IDR 4.22 trillion, confirming heavy demand.
Axie Infinity (AXS) posted a 17.29% gain, trading around $1.25 per coin. The upward momentum accelerated towards the end of the session, pushing AXS to a high of $1.25784 from an opening near $1.21153, reflecting persistent buying interest. Its market capitalization reached near IDR 3.79 trillion.
Zilliqa (ZIL) joined the rally with a 15.42% advance, trading near $0.0476 per coin. After initial weakness, buyers quickly absorbed selling pressure and reversed direction, demonstrating growing short-term confidence. The token's market capitalization expanded alongside elevated trading volume, indicating sustained interest.
This broad altcoin surge comes amid a period of consolidation for Bitcoin, which is showing signs of cooling after a recent short-term pump. Major altcoins like Ethereum, XRP, Solana, and Chainlink are displaying similar mixed and uncertain patterns. While tokens like NEAR Protocol and Aptos have posted gains, a popular crypto analyst has warned that several top altcoins, including Zebec Network (ZBC), Stellar (XLM), Solana (SOL), and Sui (SUI), could face further downside in March due to ongoing downtrends and softening sentiment.
