Altseason about to kick off as ETH, SOL, BNB set for explosive growth

Michaël van de Poppe, an executive at MN Capital, has revealed that several prominent altcoins including Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) are poised for significant price explosions, potentially marking the start of the most substantial altseason rally to date. The Altseason Index has surged to 59, signaling a rotation of capital from Bitcoin dominance to altcoins, fueled by growing institutional treasury interest.

Ethereum leads the charge in altseason

Ethereum has been experiencing strong momentum, up over 200% since May. The cryptocurrency has attracted billions in capital, including substantial investments from both retail investors and institutional treasuries.

One of the notable institutional moves was from BitMine Immersion Technologies, which acquired $2.2 billion worth of ETH, becoming the world’s largest Ethereum corporate treasury holder, with a total of 1,713,899 ETH valued at approximately $8.82 billion.

Despite Ethereum’s strength, Solana (SOL) has shown even greater performance in recent weeks, surpassing ETH with a 15% gain compared to Ethereum’s 7.02% increase. This growth has pushed Solana to a 4-month peak of $215, with its SOL/ETH chart showing an upward trend.

Solana and BNB attracting institutional attention

Solana’s (SOL) rise is being supported by growing corporate interest. Upexi, for instance, now holds over $415 million in SOL. Additionally, major investment firms like Galaxy Digital, Jump Crypto, and Multicoin Capital are reportedly planning one of the largest Solana investments, potentially acquiring $1 billion worth of SOL tokens.

Meanwhile, Binance Coin (BNB) is also gearing up for the altseason surge. After reaching an all-time high of $899.70 on August 23, BNB has reclaimed the $870 support level and is eyeing new record highs. Recently, B Strategy, a firm founded by former Bitmain executives, launched a $1 billion BNB treasury, while Windtree Therapeutics secured $520 million in funding to create one of the largest BNB corporate treasuries.

Institutional adoption fueling the altseason

Ray Youssef, CEO of NoOnes, provided market insights on why this may be the final phase before altseason fully takes off. He highlighted that major corporations, including Trump Media, are now considering ETH, SOL, BNB, and CRO as part of their treasury reserve assets.

“This institutional endorsement is accelerating capital movement away from Bitcoin dominance and could signal the onset of altseason’s final phase,” said Youssef. Bitcoin dominance has decreased to below 58%, with over 45 altcoins outperforming BTC in the last 90 days.

Ethereum has gained over 2% in additional market share, while Solana continues to attract institutional interest, with more than $800 million currently held in corporate SOL treasuries. If Solana continues to mirror Ethereum’s early 2025 trajectory, its corporate treasuries could expand into the tens of billions — especially with potential spot ETF launches on the horizon.

Source: Blockchaincenter

Altseason Index reaches 59, full-scale rally expected

Blockchain Center data reveals that the Altseason Index has surged to 59, after remaining below 55 for months. Historically, altseason fully kicks off when the index reaches 75, often peaking around 90.

With ETH and SOL treasuries expanding, increasing institutional validator activity, and declining Bitcoin dominance, capital rotation is likely to maintain momentum, provided macroeconomic conditions remain favorable.

Youssef forecasts that if the current market conditions persist, Ethereum could reach $5,200 and Solana could hit $250 in the Q4 2025 rally. Additionally, mid-cap altcoins like LINK, SUI, HYPE, and CRO are expected to see increased attention as the altseason gains momentum.