Currently, there are three relatively safe directions for altcoin operations:
First, follow Ethereum
Ethereum must set a new high, and those altcoins closely related to it will truly surge. This recent increase can only be considered the beginning.
Coins like UNI, ENA, LINK, and AAVE have the opportunity to rise again with Ethereum’s popularity.
Additionally, projects like OP, ARB, and ZK, which are so-called layer-two network projects, may not be performing well now, but will also move with Ethereum. Especially if Ethereum's staking ETF is approved, coins related to staking like LDO, ETHFI, EIGEN, and SSV will be hyped.
In the future, if the market believes that Ethereum can become the main issuer of stablecoins, then the entire underlying infrastructure and DeFi sector will be the focus of the altcoin market.
Second, platform coins
For example, Binance's BNB, B...G's BGB, etc. They are taking a path similar to compliant stocks. These coins are more likely to make big moves because exchanges control the market and can play various tricks.
Third, public chains
Independent blockchain projects like SUI, ADA, XRP, SEI, BERA, etc.
As long as Ethereum performs well, these public chains will also find ways to lift themselves up to avoid falling behind.
Finally, to say something rather cliché, the bull market is still on, and the altcoin season has just begun to show signs, providing plenty of opportunities for retail investors! The cycles are getting shorter; without saying how to make big money, the time to break even is coming soon!
