#AltcoinBreakout
conducting a technical analysis, it can be seen that the altcoin season is heating up, with some of the leading altcoins showing significant gains. Here is what is currently happening:
*Best performing altcoins:*
- *Ethereum (ETH)*: Up 20% to $3,339, prompting a capital rotation towards layer 1 altcoins. Experts predict it could reach $4,000.
- *Solana (SOL)*: Jumped 5% alongside XRP, indicating a capital rotation from Bitcoin to the leading layer 1 altcoins.
- *SUI*: Rose 36%, with strong momentum.
- *SEI*: Soared 41%, driven by renewed investor focus on layer 1 altcoins.
- *XRP*: Gained 5%, following Ethereum's rise.