Will Solana Price Lead the 2025 Altcoin Season? Key Indicators to Watch
The post Will Solana Price Lead the 2025 Altcoin Season? Key Indicators to Watch appeared on BitcoinEthereumNews.com. Solana (SOL) price has crossed past the critical resistance level of $170, and this has sparked speculation about whether the top altcoin will spearhead the 2025 altcoin season. Solana’s gains coincide with a surge in the altcoin season index as most coins trail Bitcoin, whose rally past $103,000 has fueled bullish sentiment. Solana Price Hits $170 as 2025 Altcoin Season Looms Data from Blockchain Center shows that the altcoin season index has risen to 33, marking its highest level since late February. The rise coincides with a Solana price rally past $170, but it still needs to cross above 75 to confirm that an altcoin season has indeed started. Altcoin Season Index However, MN Capital founder Michael Van de Poppe notes that altcoins will likely extend gains, saying, “The Altcoin market capitalization against Bitcoin is still massively bullish. The longest bullish divergence in history.” As the altcoin season chatter heats up, several key indicators have emerged suggesting that the Solana price will likely be at the top of the leaderboard. Key Indicators Hint Solana Will Lead Altcoin Season Several indicators suggest that Solana price will likely outperform the broader market and lead the 2025 altcoin season. These indicators include: Solana meme coin frenzy Solana blockchain growth $109M looming short liquidations Bullish technical outlook SOL Meme Coin Frenzy One of the top reasons why Solana price may outpace other tokens ahead of the 2025 altcoin season is the ongoing SOL meme coin frenzy. As Coingape reported, Solana meme coins are outperforming the rest of the market, with their total value skyrocketing by 13% to $13 billion according to data from CoinGecko. The frenzy towards these meme coins fuelled SOL’s rally to an all-time high in January. If history rhymes, this altcoin eyes massive gains in the near term and may outperform…
The post Will Solana Price Lead the 2025 Altcoin Season? Key Indicators to Watch appeared on BitcoinEthereumNews.com.
Solana (SOL) price has crossed past the critical resistance level of $170, and this has sparked speculation about whether the top altcoin will spearhead the 2025 altcoin season. Solana’s gains coincide with a surge in the altcoin season index as most coins trail Bitcoin, whose rally past $103,000 has fueled bullish sentiment. Solana Price Hits $170 as 2025 Altcoin Season Looms Data from Blockchain Center shows that the altcoin season index has risen to 33, marking its highest level since late February. The rise coincides with a Solana price rally past $170, but it still needs to cross above 75 to confirm that an altcoin season has indeed started. Altcoin Season Index However, MN Capital founder Michael Van de Poppe notes that altcoins will likely extend gains, saying, “The Altcoin market capitalization against Bitcoin is still massively bullish. The longest bullish divergence in history.” As the altcoin season chatter heats up, several key indicators have emerged suggesting that the Solana price will likely be at the top of the leaderboard. Key Indicators Hint Solana Will Lead Altcoin Season Several indicators suggest that Solana price will likely outperform the broader market and lead the 2025 altcoin season. These indicators include: Solana meme coin frenzy Solana blockchain growth $109M looming short liquidations Bullish technical outlook SOL Meme Coin Frenzy One of the top reasons why Solana price may outpace other tokens ahead of the 2025 altcoin season is the ongoing SOL meme coin frenzy. As Coingape reported, Solana meme coins are outperforming the rest of the market, with their total value skyrocketing by 13% to $13 billion according to data from CoinGecko. The frenzy towards these meme coins fuelled SOL’s rally to an all-time high in January. If history rhymes, this altcoin eyes massive gains in the near term and may outperform…
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