XRP, Solana, and Hedera Set to Dominate the Next Altseason—Here’s Why!

• Altseason is expected to focus on a select few altcoins, driven by factors like regulatory compliance, liquidity, and utility, unlike previous broad rallies.
• Institutional demand is likely to boost the performance of altcoins like XRP, Solana (SOL), and Hedera (HBAR) during the upcoming rally.
• The true altcoin bull market is predicted to begin in 30-35 days, with final lows anticipated in the coming weeks before the rally takes off.

The much-anticipated Altseason is on the horizon, with growing optimism among industry experts about the potential for altcoins to outperform Bitcoin in the coming months. Altseason is a period marked by the general outperformance of altcoins against Bitcoin, and it’s one that investors eagerly await during every market cycle.

As of now, the cryptocurrency market cap is valued at $2.69 trillion, a 1.09% increase over the past 24 hours. Bitcoin continues to dominate the market, with a 60.4% dominance, followed by Ethereum at 10.2%, and other altcoins collectively holding 29.5%.

Altcoins to Face Tougher Criteria in Upcoming Rally

A recent report from Kaiko Research and Blockhead Research Network (BRN) suggests that the upcoming altseason may differ from previous cycles. While past altseasons witnessed broad rallies across a wide range of altcoins, the next one is expected to be more selective, focusing on a handful of assets that meet the critical criteria of regulatory compliance, liquidity, and utility.

The report, published on March 31, indicates that this altseason could see concentrated rallies in select altcoins, particularly those attracting institutional demand. Unlike previous cycles, when altcoins broadly benefitted, the upcoming rally may only include a few standout performers.

The prediction is largely based on the performance of altcoins following the 2024 US presidential election. While Bitcoin surged to new all-time highs, many altcoins remained well below their 2021-2022 price levels. However, certain high-cap altcoins such as XRP, Solana (SOL), and smaller US-based assets like Hedera (HBAR) and Avalanche (AVAX) stood out for their resilience and performance during this period.

The macroeconomic environment and policy uncertainty in the United States are also key factors influencing this shift. According to the report, these headwinds have made it more difficult for investors to follow the traditional practice of rotating profits out of Bitcoin and larger-cap altcoins into smaller altcoins.

Altseason Expected in 30-35 Days

Crypto analyst Master Kenobi predicts that the true bull market for altcoins will begin in 30-35 days, with the final lows expected to occur in the coming weeks. While some investors will seize this opportunity, others may capitulate.

Supporting this outlook, the World Of Charts analysis also suggests that the altcoin rally will only truly begin once certain resistance levels are cleared. This pattern, reminiscent of the October breakout, indicates that the altcoin market may experience a significant shift upwards once consolidation breaks toward the upside.

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