Ethereum has experienced a significant surge of over 15% in just six days, bringing its trading value close to the crucial $4,000 level. This remarkable rise is garnering attention not only due to the price movement but also because Ethereum’s strength often ignites the broader altcoin market. This has led many in the crypto community to wonder: is this the onset of the next major alt season?
One industry commentator noted that Ethereum’s recent momentum “is the first step forwards to a more risk-on appetite.” As Ethereum gains traction, it may be the ideal time to invest in promising tokens that have yet to fully realize their potential. To assist you in navigating this opportunity, we’ve compiled a list of altcoins poised to benefit from Ethereum’s rally.
Analysts on X See Signs of a Full-Blown Altcoin Breakout
The bullish sentiment is further fueled by the ETH/BTC ratio, a crucial indicator of Ethereum’s strength relative to Bitcoin, which has increased by 32% over the past four weeks. This suggests a shift in investor interest from Bitcoin to Ethereum and altcoins, indicating that a broader rally might already be in progress.
Despite Ethereum’s explosive start to Q3, with a more than 60% increase, historical data from CoinGlass suggests that the third quarter is typically one of Ethereum’s weakest, with average returns of just 6.48%. However, if this trend is broken, it could signal a distinctly different market cycle.
Adding to the optimistic outlook, a crypto trader known as Wolf on X compared Ethereum’s trajectory to Tesla’s historic price surge, suggesting that $16K might be achievable in the long term. While this may seem bold, the crypto market has shown time and again that the improbable can quickly become reality.
An additional indicator of bullish sentiment is on-chain data from Lookonchain, showing that World Liberty Financial, a DeFi entity with links to Trump, recently acquired 77,226 ETH at an average price of $3,294. Historically, when Ethereum leads, altcoins follow, often with sharper gains. If history repeats itself, this could present one of the most lucrative entry points for altcoins.
Here are three top cryptocurrencies to watch as you ride the Ethereum-led rally:
1. Bitcoin Hyper ($HYPER) – Building New Bitcoin L2 for Speed, Scalability & Web3 Compatibility
Bitcoin Hyper ($HYPER) is an emerging presale cryptocurrency aiming to create the first effective Layer 2 for the Bitcoin ecosystem. This will enhance the network’s speed and cost-efficiency, making it comparable to Solana, with low fees and Web3 compatibility.
The Solana Virtual Machine (SVM) integration is a key feature of $HYPER’s Layer 2, allowing developers to build smart contracts and decentralized applications (dApps) on Bitcoin, unlocking possibilities like high-speed DeFi trading and blockchain gaming.
How does $HYPER work?
- You start by sending $BTC tokens to a designated Bitcoin address.
- A non-custodial, decentralized canonical bridge mints an equivalent amount of $BTC on Hyper’s Layer 2 in a trustless manner.
- Use these tokens to interact with the SVM-powered Web3 environment on Hyper’s Layer 2.
- Raise a withdrawal request on the Layer 2, converting the ‘wrapped’ tokens back into native $BTC.
According to price predictions, $HYPER might surge by up to 2,500%, potentially reaching $0.32 by the end of the year. You can follow the $HYPER buying guide to acquire tokens now for just $0.012575 each. The presale has already attracted over $7.6 million in early investor funding.
Visit Bitcoin Hyper for more information.
2. Best Wallet Token ($BEST) – Native Token of a Self-Custodial, User-Friendly Crypto Wallet
The Best Wallet Token ($BEST) is well-positioned to capitalize on the rapidly growing crypto wallet market, which is expanding at a CAGR of 31.9%. The $BEST token powers Best Wallet, a non-custodial wallet that gives users control over their private keys, ensuring their digital assets are secure.
Best Wallet stands out with state-of-the-art encryption, multiple 2FA options, and protection against hacks and scams, offering users peace of mind. It also allows direct in-app purchases of new meme coins on presale, eliminating the need to visit external presale sites.
Why buy $BEST? Beyond participating in Best Wallet’s growth, which could see gains up to 2,300% by 2026, it unlocks exclusive perks such as:
- Reduced trading and gas fees on Best Wallet
- Early-bird access to altcoin presales
- Staking rewards, currently yielding 93%
- Governance rights
Currently in presale, Best Wallet Token has already raised $14.5 million, with each token priced at $0.025455. Check out $BEST’s official presale website for more details.
3. Dogecoin ($DOGE) – Legendary Meme Coin Poised for Major Gains in 2025
For those interested in adding established performers to their portfolio, Dogecoin ($DOGE) is worth considering. Since its launch in 2013, this Shiba Inu-inspired meme coin has grown into the largest meme coin by market cap, driven by community support and endorsements from figures like Elon Musk.
Currently trading around $0.2202, $DOGE has increased by 30% over the past month, aligning with the broader bullish momentum in the altcoin market. Looking ahead, $DOGE may benefit from potential spot ETF approval and upcoming tech upgrades, such as integrating a Zero-Knowledge Proof (ZKP) verification system.
Technical indicators are also positive. July’s rally started from a significant upward trendline, and the recent intraday bounce from the 61.8% Fib level suggests potential for significant upside.
Bottom Line
With Ethereum paving the way for potentially explosive altcoin gains in the coming weeks, now is an opportune time to invest in low-cost, high-upside tokens like Bitcoin Hyper ($HYPER), Best Wallet Token ($BEST), and Dogecoin ($DOGE). However, it’s essential to conduct your own research before investing, as the crypto market is highly volatile.
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