#山寨季来了?# ETH counterattack ≠ alt season fully launched, but the trend is emerging!


Ethereum has been on a continuous surge recently, with a cumulative increase of over 40%. The market is calling out that the "alt season" has begun. Data shows that Bitcoin's dominance has fallen to about 60%, the lowest level since the beginning of the year. The decline in Bitcoin's dominance is a classic signal for the rotation of altcoins in history.

However, some analyses suggest that the promotion of major blue-chip public chains may only be a "prerequisite" for the surge of altcoins, rather than a direct engine. The market is still in the observation period of whether altcoins will experience a comprehensive rally. But it can be confirmed that after the major blue chips lead the counterattack, second-tier public chains may face rotation opportunities.

Outstanding public chains worth paying attention to
In addition to ETH and BTC, the high-quality public chains in this round of the market are worth our attention, as they may迎来机会 in the future rotation.
1. Solana (SOL) Highlights: High Performance, Low Fees - Recently, Solana has performed strongly, with daily increases reaching 6-7%. The performance of SOL is highly attractive for DeFi and NFT applications, and the re-entry of ETFs and institutional funds has also boosted its liquidity.
2. TON (The Open Network) Highlights: Ecosocial First - TON emphasizes its natural connection with Telegram, allowing users to use wallets, Bots, and DApps without leaving the chat, reducing the threshold for on-chain experiences. With the deep integration of Web3 social, TON is expected to become more active during the user onboarding phase.

3. Arbitrum (ARB) Highlights: Ethereum L2 Leader - As a Layer-2 solution for Ethereum, ARB currently has a TVL exceeding $12 billion, with thousands of DApps relying on its development. The protocol technology is robust, making it suitable for attracting capital outflow during Ethereum's bullish cycle.
ETH2.76%
BTC1.72%
SOL4.08%
DEFI2.98%
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· 07-24 01:45
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· 07-24 01:38
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· 07-24 00:11
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· 07-23 22:09
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· 07-23 08:20
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· 07-23 07:14
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· 07-23 05:39
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