Institutional interest is rapidly shifting from Ethereum into altcoins, with recent data showing a 60% surge in altcoin prices. Ethereum $ETH currently trading around $2,452, is showing signs of slowing momentum, and analysts are already warning of a potential retest of the $2,000 level if buying pressure remains weak.#altcoin2025
Meanwhile, inflows from major players like BlackRock and Fidelity are being redirected into promising altcoin projects, fueling a broader rally across the market.
At the center of this rotation is a renewed focus on utility-driven tokens, especially those in DeFi and Layer 1 ecosystems. Solana, for instance, is up over 6% as sentiment improves around scalable blockchain alternatives.
In this climate, new altcoins entering the market are drawing serious attention and one of the latest to launch is Solaxy (SOLX), which just went live, with a major listing event aimed at new users (BingX).#SolaxyLayer2Launch offers more incentives to newbies worth $30 million worth of the coin, including 50k voucher.
With limited spots and high market interest in fresh altcoins, this event arrives at a time when traders are clearly looking for the next breakout token.
As the altcoin rotation gains momentum, SOLX could be a name worth watching. DYOR.
