The cryptocurrency market is gearing up for altseason, where money shifts from Bitcoin to altcoins, driven by inflows from spot exchange-traded funds. Ethereum is inching closer to its all-time high of $5,000, despite lagging behind Bitcoin’s gains in recent cycles.

Solana, once dubbed the “Ethereum killer,” faced major outages in 2021 but has since improved, becoming a hub for meme coins due to low fees and fast transactions. Trump-connected tokens like “$TRUMP” and “$MELANIA” brought attention to Solana, solidifying its position in the market.

XRP saw a 412.6% surge in the past year after settling legal disputes with the SEC, making its exchange sales not considered securities. The SEC’s warming attitude towards XRP could lead to the approval of the first spot XRP ETF, potentially attracting billions in inflows within the first month of trading.

Read more at Yahoo Finance: 2 Top Cryptos to Buy Now as the Next Altcoin Season Warms Up