Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Ethereum is surging. Does this mean the alternate season has finally arrived?
ALTCOIN NEWS

Ethereum is surging. Does this mean the alternate season has finally arrived?

By Crypto FlexsMarch 8, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum is surging.  Does this mean the alternate season has finally arrived?
Share
Facebook Twitter LinkedIn Pinterest Email

  • Capital is rotating into other altcoins, led by ETH.
  • Ethereum’s TVL increased by 73.78%, indicating high altcoin interaction.

If Ethereum (ETH) rises above $3,900, it could be the catalyst that changes market dynamics and helps the altcoin climb even higher than it is currently doing.

After Bitcoin (BTC) hit an all-time high, ETH is outperforming it. This has led to thoughts that Bitcoin’s dominance may have taken a step back.

Every time this happens, the price of ETH gets better. However, the second most valuable cryptocurrency is not always the only beneficiary of these reversals. In most cases, profits from ETH and BTC will flow into other altcoins.

ETH is scheduled to launch

AMBCrypto analyzed Santiment’s on-chain data to see if this was the case again. According to our analysis, we observed that capital is rotating into other cryptocurrencies. Some of these include Render (RNDR), Fetch.ai (FET), and Fantom (FTM).

We reached this conclusion after evaluating whale transactions worth more than $100,000. As of press time, these large transactions have been occurring since March 5th.

However, the numbers recorded in the last 24 hours are staggering, indicating that the much-anticipated altcoin season is upon us.

Increased trading of tokens built on the Ethereum blockchain

Source: Santiment

Altcoin season is a term used to describe market gains when other cryptocurrencies outperform Bitcoin. But what AMBCrypto found out about the aforementioned cryptocurrencies is that they are all ERC-20 tokens.

For those who are unfamiliar, ERC tokens are fungible assets created on the Ethereum blockchain. Therefore, we can conclude that interest in ETH and other assets connected to the network has been high.

As capital continues to flow into these assets, other tokens based on Ethereum may follow. What about Total Value Locked (TVL)?

Locked Assets Prove It’s Time

According to DeFiLlama, Ethereum’s TVL was $55.3 billion. This value represents an increase of 73.78% over the last 30 days.

TVL is an indicator of the state of the protocol. A decrease means there is a lack of liquidity inflow into the protocol. This may also mean that market participants do not trust blockchain enough to generate good returns.

On the other hand, an increase in TVL indicates that participants perceive the project as trustworthy. The network thus enjoys a wave of capital flows that improves its health. The same was true for Ethereum.

The total value of Ethereum is pegged at over $55 billion.The total value of Ethereum is pegged at over $55 billion.

Source: DeFILLama

If participants continue to link their assets to Ethereum, TVL could approach previous all-time highs.


Realistic or not, the market cap of FET in ETH terms is:


A rise to $106 billion could also impact the price of ETH. If so, ETH could rise past $5,000 at the peak of the bull market.

Also, other altcoins cannot be left out. For example, FET, which is up 377% in 90 days, may be trending higher. The price of FTM may rise towards $3, and the price of RNDR may also rise.

Next: RNDR, AGIX, FET: Are These AI Tokens Setting the Stage for a Bull Market?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million As Exchange Demo Launches

September 12, 2025

BlockchainFX Raises $7.24M In Presale As First Multi-Asset Super App Connecting Crypto, Stocks, And Forex Goes Live In Beta

September 12, 2025

Phemex Launches Multi-Assets Mode To Enhance Trading Efficiency And Risk Management

September 12, 2025

Ethereum Meme Coin Little Pepe Crosses $25M, Announces 15 ETH Giveaway

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025
Most Popular

Uncover the Secrets of VirtaCoin: The Next Cryptocurrency Revolution – Defi Info

March 2, 2024

Binance’s CZ is discussing AI investment with Sam Altman

April 30, 2024

Past Rate Cuts Indicate Potential Crypto Bull Market Accelerator — 21Shares

August 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.