Altcoin Season is Officially Saved – Now the Question is When Will Ethereum (ETH) and Solana (SOL) Experience a Price Rise to New ATHs?

The buzz is back in the altcoin market, sparking renewed optimism among crypto enthusiasts. As excitement builds, attention turns to Ethereum (ETH) and Solana (SOL). In March, Trump's proposal for a US Strategic Crypto Reserve—envisioning a treasury stocked with top cryptocurrencies like XRP, Solana, and Cardano—ignited investor fervor and hinted at new avenues for market stability and institutional backing. This bold move could reshape digital finance and propel altcoins toward new all-time highs. This article explores which coins are poised for a potential surge.

Ethereum Market Snapshot: Sharp Monthly Dip with Steady Half-Year Form

Ethereum dropped sharply over the past month with a -26.39% change, while the half-year performance remained nearly flat at 0.02%. Price action over these periods shows a notable monthly pullback against a stable longer-term backdrop. The month’s performance highlights a swift decline, whereas the half-year trend underscores a lack of significant long-term directional change. This mix of short-term loss and mid-term stability reveals recent volatility paired with steady underlying behavior.

Today’s price ranges between $1766.49 and $3021.10, with a key support at $1294.59 and resistance at $3803.81. Bearish indicators show negative momentum and an RSI below 50, signaling selling pressure. A clear trend is absent, so trading within these levels—shorting near the resistance and considering long positions close to the support—could be viable.

Solana Price Trends: Drops, Recovery, and Emerging Opportunities

Solana saw a steep decline over the past month with prices dropping nearly 28%. However, a solid 31% rise over the last six months reflects longer-term strength and resilience. Price action moved across a wide range, demonstrating sharp short-term pressure against a backdrop of notable recovery. Volatility and swift shifts have defined recent trends, showcasing the coin’s ability to bounce back after temporary setbacks.

Current trading sits between $104 and $213, with immediate resistance at $278 and a second level at $386, while support is tracked at $60.76. Indicators show slight bearish pressure in the last week, and no definitive trend is emerging. Traders may explore opportunities near support and consider staged entries as bulls gradually challenge resistance levels.

Conclusion

Both Ethereum (ETH) and Solana (SOL) show strong potential for reaching new all-time highs. Current market trends support a rise in their prices. Key factors include recent upgrades and growing adoption. ETH's consistent development and widespread use in decentralized applications play a crucial role. SOL benefits from its fast transaction speeds and lower costs. The overall positive sentiment in the market also enhances their prospects. Patience and close monitoring of ongoing developments are essential as both cryptocurrencies prepare for future growth.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.