When examining the valuations of altcoins, we can see that many of them are experiencing increased activity. For example, the trading volume for Optimism against Bitcoin is currently rising, indicating strong interest and accumulation in this pair at the moment.
True, but trend has changed. BTC new ATH, but mostly of altcoins are still stuck. Even when bitcoin is nearing 90k, some alts such as NOT or DOGS almost touched its ATL.
I must admit there are some blockchains gets more demand, but this is not even impacting the price of the token of its blockchain. The trading volume of OP is increasing, but it's stuck. Just because the trading volume is big, and you assume it's related to the accumulation.
Remember about the selling volume. The big volime is not always meaning it's accumulation / buying volume, it can also mean selling volume as well.