- Michaël van de Poppe anticipates a big influx of money to push the altcoin market cap toward $3 trillion to $5 trillion by year-end
- In mid-July, the market cap of altcoins reached $1.5 trillion, representing a multi-month high
- Analysts suggest a breakout could launch the market toward a $5 trillion altcoin season
Crypto analyst Michaël van de Poppe shared a chart showing that altcoin market capitalization is holding steady above a pivotal resistance zone, which suggests structural strength. He anticipates this strength as the prelude to a big influx of money to push the altcoin market cap into the $3 trillion to $5 trillion range by year-end.
Recently, altcoins have continued gaining traction, and as of mid-July, they are increasingly driving total crypto market growth, with the total crypto cap hovering around $3.83 trillion.
Also in mid-July, the market cap of altcoins reached $1.5 trillion, representing a multi-month high. Analysts suggest a breakout here could launch the market toward a $5 trillion altcoin season.
Not long ago, van de Poppe noted widening discrepancies between fundamentals (like partnerships and on-chain activity) and price, indicating undervaluation across many major altcoins. In his opinion, this presents a compelling buildup for a sharp rally.
When we look at the historical cycles, previous bull runs saw the altcoin capitalization scale from approximately $300 billion in 2017 to about $1 trillion in 2021. Van de Poppe’s prediction of $3 trillion to $5 trillion would mirror that trajectory and would signal a full-blown altcoin season.
What could drive the altcoin surge?
It’s hard to pinpoint just one factor, but generally speaking, as Bitcoin stabilizes or consolidates, traders often deploy their profits into altcoins. This tends to translate to more altcoin hype, which could help with a potential surge.
Bitcoin First: Altcoins often wait for Bitcoin to make a move. Here’s the analysis on what could happen next.
Then, a possible increase in altcoin-related financial products (such as ETFs or derivatives) is widening access. Plus, momentum from DeFi activations, NFT rollouts, and scalability upgrades could spur select token rallies.
Also, recent regulatory measures, including the passage of the GENIUS Act, are fostering institutional trust in the crypto sector. This new trust is causing a lot of money to flow into the wider crypto market, including altcoins.
Curiously, a good deal of crypto enthusiasts see altcoins as overly speculative, but Michaël van de Poppe believes they are a smart long-term opportunity. He points out that their low prices and big potential for growth make them very appealing, especially for the main cryptocurrencies in areas like decentralized finance, network infrastructure, and foundational blockchains.
Still, it’s best to make your own decisions by doing a lot of preparation and research without blindly following advice from anyone, even if they are a well-known analyst.
The Bull Case: Van de Poppe isn’t the only one who’s bullish. Here’s what other top analysts are saying about the long-term outlook for altcoins.
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