NAIROBI (CoinChapter.com) - Ethereum (ETH) could triple in price during the next altcoin season, with analysts pointing to shifting market trends and historical patterns as potential catalysts. The expected growth reflects Ethereum’s established role in the crypto ecosystem and evolving liquidity dynamics among altcoins.

Bitcoin takes a back seat, while alternative coins show strength
Bitcoin's dominance (BTC.D) shows signs of slowing down after months of leading the market. Analysts believe that this trend creates conditions for alternative coins such as Ethereum to attract new funds. Crypto analyst Symbiote believes that Ethereum's recent price stability and its role in the DeFi and NFT fields put it in a favorable position.

“Alternative coins are showing strength while Bitcoin has been moving sideways,” Symbiote said, adding that Ethereum and other high-cap altcoins are beginning to gain momentum. Historical trends support this view, as rallies in altcoins tend to follow periods of Bitcoin dominance.

The Ethereum to Bitcoin (ETH/BTC) ratio is now near all-time lows, potentially signaling a turning point. A rising ratio generally means Ethereum is outperforming Bitcoin, a trend many expect to see during the altcoin season.

Ethereum (ETH) is expected to take the lead, but faces competition
Symbiote also noted that Ethereum (ETH) could potentially achieve 2-3x gains during the altcoin season, making it safer for traders compared to smaller, riskier projects.

Ki Young Ju, CEO of CryptoQuant, warned that the current rally in Bitcoin is being driven through exchange-traded funds (ETFs), which may not flow directly into altcoins.

“These institutional investors and ETF buyers are not planning to shift their assets from Bitcoin to alternatives,” Ju said, adding that alternatives, including Ethereum, need independent strategies to attract funds rather than relying on Bitcoin’s momentum.

Rising sentiment toward Ethereum-based DeFi and NFT projects indicates emerging interest in the ecosystem. Market observer Crypto Feras noted that alternative coin seasons usually occur in the later stages of Bitcoin's rally, creating a lagging effect.

Ethereum (ETH) remains strong in trending narratives such as real world assets (RWA) and decentralized finance (DeFi), which continue to attract interest from retail and institutional investors. Symbiote said these areas will be key factors in boosting Ethereum’s appeal in the upcoming altcoin season.

As the altcoin season approaches, Ethereum’s ability to achieve its expected 3x growth will depend on attracting new liquidity and staying relevant in a competitive market.