Ethereum is on a strong upward trajectory, jumping nearly 12% over the past week as bullish sentiment builds across the market. With the ETH price approaching its all-time high, capital rotation into altcoins is already underway, and a new wave of tokens across DeFi, meme coins, infrastructure, and real-world assets is starting to heat up.
Crypto analyst VirtualBacon, in his new video podcast, says this is not just hype; it’s the beginning of a new cycle where Ethereum will lead the way. With real-world asset tokenization, stablecoin infrastructure, and Ethereum’s strong network, the next altcoin rally will be different. Once ETH breaks its all-time high, these are the coins he believes will shine first.
Leading the charge are DeFi heavyweights like Uniswap (UNI) and Chainlink (LINK). UNI is holding above $10.52 with rising volume, a sign of growing interest as ETH’s rally spills into DeFi protocols. Though facing resistance around $11–$13, analysts still view UNI as a core play during ETH-led rotations.
LINK is hovering just under $20 and showing strength after bouncing off $17 support multiple times. With strong on-chain usage and a long-standing reputation as an ETH-integrated oracle, it remains a go-to for institutional and retail investors alike.
Meanwhile, Curve (CRV) and Compound (COMP) are trading more cautiously. CRV is stuck below $1.00 and lacks volume for a breakout, while COMP is slowly recovering off June lows, with moderate buying around $53. Moreover, the analysts suggest these two could follow the broader DeFi trend once capital rotates deeper into the sector.
Meme coins are once again drawing attention as retail flows intensify. PEPE is nearing resistance at $0.000014, with high social activity and increasing whale movement. Despite the volatility, it remains a favorite for quick gains during altseason.
MOG is showing sideways action with slight upward pressure, and traders are eyeing it as part of paired momentum strategies alongside PEPE. Ethereum Name Service (ENS), while not a meme, is enjoying renewed traction, rebounding strongly from recent lows and riding positive sentiment around its branding and Ethereum-native infrastructure.
Avalanche (AVAX) is consolidating around $25, having pulled back from earlier highs. While not leading the current wave, it stands to benefit from spillover if ETH dominance rises. Base, the Coinbase-backed L2, is flashing strong fundamentals with big partnerships and growing dev activity, though the analyst warns it’s technically overbought after a steep 24-hour drop.
The Real World Asset (RWA) narrative is gaining steam. Although the RWA token remains near its lows, sentiment is heating up ahead of its Abstract Summer event and year-end token launch. With over 50% of the supply locked, the scarcity narrative is gaining traction.
Stablecoins like USDC, DAI, and BUSD are holding their pegs and remain key on-ramps as traders park funds before deploying into higher-risk altcoins. On-chain flows confirm healthy movement through stables into the ETH ecosystem plays.
Ethereum is rising due to bullish sentiment, ETF demand, and growing altcoin and real-world asset ecosystem activity.
Yes, PEPE and MOG are gaining traction as retail traders return, driven by high social buzz and altseason momentum.
RWA tokens are gaining attention, with 50% supply locked and momentum building ahead of key events and a year-end token launch.
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