The price stabilization of the leading cryptocurrency , Bitcoin $0.000006 , around $110,000 has brought renewed energy to the altcoin market. This surge in activity and interest is not only propelled by long-term forecasts but also by analytical insights, prompting investors to broaden their focus beyond Bitcoin to include select altcoins .
Experts Remain Upbeat on Bitcoin
Michael Saylor, founder of Strategy, has projected that one Bitcoin could reach as high as $13 million by 2045. Saylor believes that Bitcoin’s limited supply and growing adoption will continuously support price increases. He noted that surpassing previous milestones of $10,000 and $100,000 has also propelled this upward trend.
Dr. Jeff Ross, a macro strategist, asserts that the fair value of Bitcoin under current conditions exceeds $140,000. He pointed out that global liquidity data indicates economic uncertainties have slowed the price growth, but once these conditions improve, a price acceleration could follow.
Charles Hoskinson, the founder of Cardano $0.854145 , suggested that the market cycle could extend until 2026. According to Hoskinson, Bitcoin might test the $250,000 level during this period.
Analysts highlight that ETF and institutional fund purchases have created pressure on the current supply, suggesting that the balance might be challenged by demand.
Altcoins Emerging Alongside Bitcoin
For Ethereum $4,332 , exchange balances have reportedly fallen to a nine-year low. Experts suggest this development could initiate a process pushing ETH prices above $10,000 due to the supply contraction. Additionally, strengthened Wall Street connections are increasing institutional interest in Ethereum.
Solana $211 stands out due to consistent developer activity, while XRP gains prominence following regulatory clarity. Chainlink $23 is closely watched as it expands its role in bringing real-world data to Blockchain and tokenization.
As institutional investors seek diversification, they are also shifting their attention to altcoins other than Bitcoin and Ethereum, creating a balanced market outlook. In the upcoming period, these altcoins are expected to occupy the agenda more than Bitcoin or Ethereum.
