Key takeaways
Will altcoins face a comeback?
There may be some room for growth, if overall sentiment improves.
Can the ETF fuel a possible rise in altcoins?
This could be probable. However, so far, the SOL ETF’s debut has yet to trigger a significant run.
According to Arkham, there are more altcoins that have fallen more than 60% than those that have risen over the past year. data.
More than 300 crypto assets, led by dog hat [WIF] and shiba inu [SHIB]have decreased between 30% and 60% during said period. In other words, more than half of the altcoin market could be in trouble right now.
Source: Arkham
Will ETF hype boost risk sentiment?
Well, the poor performance of these assets is not surprising. In fact, the general altcoin seasonal index (ASI) reading plummeted in the first half of 2025 after the rebound fueled by the US elections in late 2024.
From nearly 90%, the ASI fell to around 10%, a sign that the rise of altcoins had rolled back gains made in 2024. The bearish streak was fueled by tariff wars.
However, another altcoin surge occurred in the second quarter of 2025 and gained momentum in the July to September period. This followed an improved macroeconomic backdrop.
Unfortunately, confidence was soured by the sudden October crash and another tariff fight between the United States and China. Although the tariff issue has now been resolved, losses from the sudden crisis have limited risk appetite. This dragged the ASI from an “altcoin season” to a neutral level.
Source: Blockchain Center
bitcointhe market Dominance has been consolidating at around 60%, meaning altcoins still have room for growth.
Could ETF hype be the catalyst for select altcoins, like Solana? [SOL] and XRP? In particular, SOL ETF It broke records in its debut week.
However, SOL price continued to consolidate between $180 and $200, despite the Bitwise SOL ETF recording record weekly inflows.
SoSource: SOL/USDT, TradingView
XRP has also struggled below $2.7 ahead of a wave of ETF approvals. However, like SOL, Options data showed neutral to bullish sentiment in the short term.
Beyond the ETF candidates, chain link [LINK] and Artificial Superintelligence Alliance [FET] are Notable altcoins that have seen massive accumulation. Or departures from the Binance exchange.
Source: CryptoQuant
