BitMEX co-founder Arthur Hayes claims that the altcoin season has been ongoing, advising traders to adapt and not rely on past trends. He highlights Hyperliquid (HYPE) and Solana (SOL) as success stories of the current crypto cycle. Hayes emphasizes the need to pay attention to new market developments rather than historical patterns.

Despite Hayes’ perspective, CoinQuant CEO Maen Ftoui believes that older cryptocurrencies with an ETF or expectations of one may dominate capital during the next altcoin season. Industry experts have differing opinions on how and when the next altcoin season will unfold, with some waiting for Bitcoin to reach new highs before capital rotates into smaller altcoins. Bitfinex analysts suggest that a broad altcoin rally may not occur until ETFs with exposure beyond major cryptocurrencies are approved.

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1. Bitcoin reaches new all-time high of $60,000, driven by increased institutional investment and growing mainstream acceptance. Market cap surpasses $1 trillion for the first time.

2. Ethereum hits record high of $2,000 amid strong demand for decentralized finance (DeFi) applications and upcoming network upgrades. Market cap exceeds $200 billion.

3. Dogecoin experiences massive surge in value, jumping over 800% in the past week. Retail investors flock to the meme-based cryptocurrency, leading to a market cap of over $6 billion.

4. Ripple’s XRP price surges over 45% after court grants company access to SEC documents related to ongoing lawsuit. Market cap rises to over $25 billion.

5. NFT market continues to boom, with total sales volume exceeding $200 million in the past month. Artists and collectors embrace non-fungible tokens as a new way to monetize digital content.: Arthur Hayes Says There Is “Always An Altcoin Season”