📊 Altcoin Market Update: Is the Tide Turning?

The Total Market Cap (excluding BTC, ETH, and stablecoins) is nearing an all-time high, yet many blue-chip altcoins in the top 50 are still 50%-80% down.

What’s causing this divergence?

🔑 The Solana Effect

With 100k+ new memecoins launching daily, liquidity is flooding into these hype-driven coins. Even exchanges are chasing profits, prioritizing listings over quality projects.

For a true altcoin season, here’s what needs to happen:

👉 Solana ($SOL ) mania cools down

👉 Ethereum ($ETH ) leads the charge with a significant pump

💡 Remember: No altcoin season starts without an ETH breakout!

#altcoinseason #crypto #sol #ETH #CryptoNewss