In 2017, ICO hype started Altseason.
In 2021, NFT hype started Altseason.
๐๐ฎ๐ญ ๐ฐ๐ก๐๐ญ'๐ฅ๐ฅ ๐ญ๐ซ๐ข๐ ๐ ๐๐ซ ๐๐๐๐ ๐๐ฅ๐ญ๐ฌ๐๐๐ฌ๐จ๐ง?
DeFi, RWA, AI, or memes.
Actually, there's an entirely different thing which will trigger an Altseason.
"๐ง๐ต๐ฒ ๐๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น ๐ข๐ณ ๐๐น๐๐ฐ๐ผ๐ถ๐ป ๐๐ง๐๐".
โ Due to pro-crypto administration, institutions have filed for a lot of spot ETFs.
โ This includes major tokens like $XRP, $SOL, $LTC, $ADA, and $DOGE, along with baskets of crypto ETFs.
โ And a few of them have a high approval rate too.
โ Solana ETFs are expected to be approved by next month.
โ Litecoin, XRP, and Dogecoin ETFs also have 85% approval chances in 2025.
โ On top of that, the SEC is also expected to approve a basket index which will include several cryptos besides BTC.
๐๐ฎ๐ญ ๐ก๐จ๐ฐ ๐ฐ๐ข๐ฅ๐ฅ ๐ญ๐ก๐ข๐ฌ ๐ก๐๐ฅ๐ฉ ๐๐ฅ๐ญ๐ฌ?
โบ First of all, it'll unlock the institutional liquidity for altcoins.
โบ Also, when an L1 moves, its entire ecosystem tokens pump.
โบ This happened when Ethereum ETFs got approved last year and will happen again.
โบ On top of that, macro conditions will be different this year as compared to 2024.
โบ The FED rate cut will start in Q3 along with end of its QT program.
โบ Pro-crypto regulations will also take place in Q3/Q4, which will have a bullish impact on alts.
โบ Along with that, bond yields and inflation will further cool down, thus making a bullish case for risk-on assets like alts.
After that, alts will go into a parabolic mode similar to Nov-Dec 2024 before a blow-off top.