Former BitMEX CEO Arthur Hayes has recently assured that a huge altcoin season is in the making this summer, and Ethereum is likely to outperform Solana this time. Hayes, who now runs his family fund Maelstron, stated that Ethereum will lead this rally this time. and that not every cryptocurrency will outperform. With the recent rally to $2,700, ETH has been on investors’ radar recently, with analysts predicting a further rally to $4,000 and more. Arthur Hayes Explains What Will Be Different This Altcoin Season Hayes believes that, unlike 2021, when every single cryptocurrency rallied by 100x, this altcoin season will be a bit different. However, he believes that only quality projects would do well and poor projects won’t likely participate in this market rally. In an interview with Fortune, Hayes said: “I don’t think it’ll be like that in 2021, that every single coin just goes up 100x. We’ll… Read More at Coingape.com
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.