Although the peak season for altcoins has not yet arrived in this cycle, the market environment is gradually shifting towards a more institution-driven rotation. Since April 2025, supported by strong inflows into ETFs and increasing regulatory transparency (especially in...), the performance of Ether has outperformed most altcoins.

Staking. However, the breadth of altcoins remains weak, and ETH's market share is still below the historical peak of altcoin season. The delay in market rotation is attributed to structural changes in market participation, with institutional investors favoring large-cap assets and longer holding periods.

An ETH ETF supporting staking may be approved, which could serve as a catalyst, signaling that altcoin season will shift towards a more selective and quality-focused market. $BTC