The cryptocurrency market is recording a strong start to a new altcoin season, triggered by Ethereum's breakthrough growth and capital flow shifting from Bitcoin to top Layer-1 projects.
Ethereum surged to $3,339, its highest level in 5 months, leading to increased value of many altcoins such as XRP, Solana, Cardano, and Polkadot, while benefiting from growing institutional investor interest and legal clarity.
- Ethereum rises 20% to $3,339, kicking off a new altcoin season.
- Altcoin race heats up with capital shifting from Bitcoin to Layer-1 projects like SUI, SEI.
- Bitcoin forecast to reach $150,000 - $200,000 due to institutional investment wave and clearer legislation.
Is the Current Cryptocurrency Market Starting an Altcoin Season?
Analysts from Altcoin Daily and market observers confirm clear signs of an altcoin season, with Ethereum rising 20% to $3,339, its 5-month high. Capital is beginning to shift from Bitcoin to quality Layer-1 projects like Solana, Ripple (XRP), Cardano, and Polkadot.
Ethereum's breakthrough is considered the primary driver leading to excitement across many altcoins. Large organizations are also increasing investments due to increasingly favorable legal frameworks.
"Ethereum strengthens like a domino effect, triggering a brilliant price increase cycle for the altcoin market."
VirtualBacon, Cryptocurrency Analyst, 16/07/2025
How Do New US Bills Affect the Cryptocurrency Market?
The US Congress's upcoming passage of three important cryptocurrency bills, including the stablecoin law (Genius Act), crypto classification (Clarity Act), and blocking CBDC issuance, has created new investor confidence. The Genius Act has been approved by the Senate and will soon be signed into law.
These policies help stabilize the legal environment, thereby promoting the development of Bitcoin, Ethereum, and major altcoins, creating a sense of safety for institutional investment funds to accelerate capital raising in the market.
Which Altcoins Are Currently Leading the Price Increase Trend?
According to CryptoQuant's MVRV index, the altcoin season is exploding with notable growth in Layer-1 projects like SUI (+36%), SEI (+41%), and ETH (+23.3%). Meanwhile, interest in meme coins has noticeably declined, indicating capital is focusing on projects with technological foundations and practical applications.
Ethereum is gradually reestablishing its position by surpassing the $3,300 mark for the first time in 5 months, paving the way for other altcoins to benefit while Bitcoin maintains a stable dip around $112,000.
"Ethereum is on track to reach $4,000, investors should view corrections as buying opportunities."
Michaël van de Poppe, Cryptocurrency Technical Analyst, 16/07/2025
What is the Bitcoin Price Forecast in the Short and Medium Term?
Expert Katie Stockton from Fairlead Strategies forecasts Bitcoin could exceed $135,000 in Q3/2025 based on technical analysis after breaking the $108,300 resistance level. Ray Wang, founder of Constellation Research, is more optimistic with a $150,000 level in 6 months due to capital from sovereign investment funds and legal clarity in the US.
Notably, the Bitwise CEO suggests Bitcoin has the potential to reach $200,000 by year-end as more companies publicly hold BTC and regulations begin to improve.
| Expert | Bitcoin Price Forecast | Forecast Basis |
|---|---|---|
| Katie Stockton (Fairlead Strategies) | $135,000 | Technical analysis, breakout at $108,300 |
| Ray Wang (Constellation Research) | $150,000 | Sovereign fund capital, favorable legal environment |
| Bitwise CEO | $200,000 | Increasing institutional investment, improving regulations |
Frequently Asked Questions
Is Ethereum's Price Increase Really a Signal for a New Altcoin Season?
Ethereum's 20% increase and 5-month high have created momentum for many altcoins, while demonstrating significant capital flow into high-reliability Layer-1 projects, so this is a clear sign of an altcoin season.
How Do New US Laws Affect Cryptocurrency Investment?
Three bills on stablecoins, crypto classification, and preventing CBDC issuance help create a clear legal framework, increase institutional investment confidence, reduce legal risks, and support sustainable market development.
How Much Can Bitcoin Reach in 2025?
Many experts forecast Bitcoin ranging from $135,000 to $200,000 due to the wave of institutional investment and favorable regulatory policies from the US.
What is the MVRV Index and How Does it Impact Altcoins?
MVRV measures the ratio of market value to actual held value. An increasing index indicates overwhelming capital flow into altcoins, representing sustainable strength in the price increase cycle.
How Should Ethereum Price Corrections Be Viewed?
According to expert Michaël van de Poppe, correction periods are buying opportunities as ETH is on a journey towards $4,000, creating medium and long-term profit opportunities.
