Altcoin Season in Review: Why Solana and Arbitrum Are Ignoring Key Events
Date: 2025-07-03 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The altcoin market has found itself in a strange state - against the backdrop of significant news, the prices of SOL and ARB have remained virtually unchanged. In the past, such events have caused powerful growth impulses, but now the enthusiasm seems to have evaporated. According to some experts, this may indicate that the altcoin season is stalling or has stopped altogether.
Thus, Solana has found itself in the spotlight with a new ETF that supports staking - a move that was supposed to attract new investors and activate trading. However, the price of SOL has barely moved. A similar situation is observed with Arbitrum, whose ARB token has not shown noticeable fluctuations after the news of cooperation with Robinhood.
Co-founder of Pink Brains, DeFi Ignas, believes that investors are increasingly betting on the real application of blockchains, rather than speculation with tokens. He recalled that the key problem of many projects is the lack of tangible value for token holders. As an example, he cited Ethereum, which initially served as the flagship among altcoins, but now itself has come under question in terms of practical value for investors.
Ignas notes that over the years, the market has become overflowing with projects without a clear product. Many users have lost money, getting carried away by memecoins and speculation. As a result, faith in quick income has faded, and enthusiasts are increasingly leaving the market, preferring not to take risks.
However, he does not see this as the end of the altcoin era. On the contrary, Ignas is confident that in the near future the market will see a “filtering” of projects — only those tokens that have real value, an established audience, and proven demand will survive. He believes that this small group could become the trigger for a new rally.
However, there is another point of view. Mert Helius from Helius Labs draws attention to the growing interest in tokenized shares. In his opinion, this trend could further fragment the liquidity in the market, as many new instruments and standards will appear. This could complicate the inflow of capital into classic altcoins and change the usual growth cycle.
Some analysts fear that TradFi — traditional finance — could pull over most of the value created by the blockchain industry. Against this background, crypto tokens risk remaining a secondary instrument, devoid of their former attractiveness for speculators.
And yet, despite the pessimism, proponents of quality selection are confident: a future rally is possible, but it will be different from previous waves. Less loud hype, more attention to real demand and a clear connection between the product and the token - this is what the next stage of the altcoin market development may look like.
