The crypto market is bracing for what some are calling a “generational altcoin alternative,” with key on-chain alerts and shifting capital movement hinting at an altseason across the nook.
On the forefront of this name is pseudonymous analyst Rekt Fencer, who just lately outlined a number of tokens he claims are primed for explosive positive factors of between 50x and 100x, supplied market momentum holds.
Altseason Indicators Align
Rekt Fencer’s thesis, shared in a Could 27 thread on X, rests on a confluence of macro and technical indicators. Chief amongst them is the uptick in stablecoin provide, a number one metric typically interpreted as latent buying energy.
“Extra capital flowing in means risk-on is coming,” said the analyst. “Time for alts is nearer than u suppose.”
He additionally shared a sequence of charts in his thread displaying that the full stablecoin provide has grown from round $50 billion in early 2021 to almost $250 billion by mid-2025. This inflow, he argued, displays rising capital readiness to enter riskier altcoin positions.
His view is supported by a simultaneous dip in Bitcoin’s dominance, which has slipped from 65.4% to 61.2% in current weeks. Ethereum’s ETH/BTC ratio has additionally rebounded from a five-year low of 0.018 to 0.025, breaking a three-year downtrend and creating what has traditionally been a setup for alt rallies.
“BTC Dominance at provide, ETH/BTC at demand. This actual sample triggered the final alt run,” wrote Rekt Fencer.
The shifting flows recommend buyers are starting to rotate into altcoins, and on this context, the market observer spotlighted 5 tokens he believes could lead on the cost.
The 5 Altcoins in Focus
Rekt Fencer’s first decide was Grass (GRASS). Buying and selling at $2.40 on the time of writing, it’s down 2.5% within the final 24 hours. Nevertheless, the altcoin nonetheless gained practically 12% prior to now week and virtually 50% in 30 days, as buyers guess on decentralized infrastructure.
His second alternative was Pendle (PENDLE), ranked #131 by way of market cap. The altcoin gives publicity to tokenized yield futures and is at the moment buying and selling at round $4.39. Its worth has jumped greater than 17% within the earlier seven days, including a slight 0.4% in 24 hours.
Nevertheless, zooming out, the final 12 months haven’t been significantly type, with information displaying that it shed practically 36% of its value in that point. Nonetheless, PENDLE has carried out markedly higher within the final 30 days, gaining slightly below 30% using the broader wave of decentralized finance (DeFi) revival.
One other DeFi darling on Rekt’s checklist is Ondo (ONDO). Priced at $0.9315 and with a $2.9 billion valuation, it has seen regular development amid rising demand for real-world asset (RWA) tokenization. Nevertheless, its newest value motion is nothing to jot down house about. The asset is down roughly 2% within the final 24 hours and within the final seven days, whereas throughout 12 months, it has registered a 24.5% drop.
Ethena (ENA), at the moment at $0.37 and a $2.1 billion market cap, gives a yield-bearing artificial greenback by way of delta-neutral stETH positions. It’s the fourth token the analyst sees spearheading the subsequent altcoin season. Whereas its value has been flat prior to now seven days, there’s a perception that the protocol’s utility may drive a revaluation if market sentiment flips risk-on.
Lastly, Sei (SEI), the native token of the Sei Community, wraps up Rekt Fencer’s checklist. Down greater than 59% year-on-year, the coin has nonetheless managed a ten.7% uptick prior to now month, with the skilled suggesting its high-speed structure and DEX focus may place it as a rebound candidate.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome provide on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!