Top Reasons Why Ethereum is Best Altcoin To Buy Now Ahead of Altseason
Vignesh S G13 May 20253 min read
Ethereum is making a serious comeback in 2025 — and it’s turning heads. After a rough start to the year and underperformance against rivals like XRP, crypto analyst VirtualBacon believes Ethereum still holds the crown among altcoins. With a spot ETF approval, solid fundamentals, and a key breakout forming on the charts, ETH could be gearing up for a massive move.
Let’s break down what’s fueling Ethereum’s rebound and why it may still be the top altcoin to watch.
Altcoins Are Surging — But Ethereum Has Work To Do
The altcoin market has come roaring back in May, gaining 15.59% since the start of the month. Ethereum is one of the top performers over the past 30 days, rising by 52.1%. Other notable gainers include Solana (up 29.7%), XRP (up 15.8%), and BNB (up 9.2%).
Still, Ethereum recently slipped 2.2% in the past 24 hours, while XRP climbed 3.6%. This shows Ethereum is still fighting to catch up in the short term, even though its monthly gains are impressive.
A Rocky Start for ETH in 2025
Ethereum’s 2025 performance has been rocky. From January to April, ETH saw four straight monthly losses:
- January: -1.28%
- February: -32.2%
- March: -18.4%
- April: -1.58%
In contrast, Bitcoin has surged over 50.96% since November 5. Ethereum, on the other hand, has barely moved, rising just 2.07% in that time. But May brought a shift. ETH rallied 36.3% to hit $2,449.99, hinting that a trend reversal might be underway.
ETH/BTC Pair Flashes a Bullish Reversal
A key bullish signal is emerging from the ETH/BTC pair. Since January 1, ETH has dropped 32.81% against BTC. But since May 8, it has bounced over 28.25%, including a 32.3% jump between May 8 and 10.
According to VirtualBacon, this rebound from multi-year support levels could be the start of a broader altcoin season.
Why Ethereum Still Has the Strongest Fundamentals
VirtualBacon outlines four core strengths that give Ethereum a long-term edge:
- Decentralization
- Scarcity
- Legal Recognition
- Trustworthiness
He argues that no other altcoin ticks all these boxes simultaneously. He also notes Ethereum’s dominance in powering stablecoins, Real World Assets (RWAs), and the DeFi ecosystem, despite rising competition from Solana.
Most importantly, Ethereum is the only altcoin with a spot ETF approval, adding a significant layer of institutional credibility.
What’s Holding ETH Back?
VirtualBacon blames the Federal Reserve’s Quantitative Tightening (QT) for Ethereum’s sluggish growth. He believes ETH will break out once the Fed pauses QT—potentially in Q3 or Q4 2025.
If Bitcoin reaches $200K–$250K, he expects Ethereum to rally towards $10K–$12K in late 2025 or early 2026.
Fibonacci Levels Signal Bullish Upside
VirtualBacon’s Fibonacci analysis suggests:
- Reclaiming the 0.382 Fib level could lead to a 60% gain against BTC
- Hitting the 0.5 Fib level could push ETH/BTC above 0.05
Currently, Ethereum trades at 0.02396 BTC, showing major room for upside.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
- As per our ETH price prediction 2025, the ETH price could reach a maximum of $5,925.
