The post Altcoin Season Coming This Summer, ETH to Beat SOL: Arthur Hayes appeared on BitcoinEthereumNews.com.

Former BitMEX CEO Arthur Hayes has recently assured that a huge altcoin season is in the making this summer, and Ethereum is likely to outperform Solana this time. Hayes, who now runs his family fund Maelstron, stated that Ethereum will lead this rally this time. and that not every cryptocurrency will outperform. With the recent rally to $2,700, ETH has been on investors’ radar recently, with analysts predicting a further rally to $4,000 and more. Arthur Hayes Explains What Will Be Different This Altcoin Season Hayes believes that, unlike 2021, when every single cryptocurrency rallied by 100x, this altcoin season will be a bit different. However, he believes that only quality projects would do well and poor projects won’t likely participate in this market rally. In an interview with Fortune, Hayes said: “I don’t think it’ll be like that in 2021, that every single coin just goes up 100x. We’ll have a new narrative, that people are going to try to trade and it’ll trade some crazy price, but the old dino coins in your portfolio that aren’t moving probably aren’t moving for a reason. I think a lot of those coins have high FDV, low float, no customers, no revenue, just some CEX listings, that went down 95%, I don’t really see why those should do well in the next cycle.” Choosing Ethereum Over Solana When asked about what is his opinion on Ethereum vs Solana, and which of the two altcoins would perform better, Hayes chose ETH. He stated that Ethereum has received a lot of hate due to its underperformance and that many have started believing that the Ethereum ecosystem is not making any progress. However, Hayes stated that it still has the most TVL (total-valued-locked), the number of developers, and is the most secure proof-of-stake blockchain.…

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Filed under: News - @ May 19, 2025 11:27 am