Analyst: "If a Major Rise Begins in Altcoins, These Could Lead the Way"

Cryptocurrency analyst Michael van de Poppe discussed the potential rally that could occur in altcoins in his latest statement.

While assessments that risk appetite for altcoins in the crypto market is beginning to increase are on the agenda, analysts believe that the next wave of upward movement could be led especially by the Hyperliquid ecosystem and AI-themed tokens.

Crypto investor Michael van de Poppe stated that the market shows signs of recovering risk appetite and that the activity in AI-focused crypto assets and the local token HYPE of Hyperliquid could signal the start of a new altcoin rally.

Van de Poppe noted that the recent all-time highs of the HYPE token were influenced by the launch of Hyperliquid-related ETF products in the U.S. market. He also mentioned that European investors’ interest in Hyperliquid as a perpetual trading platform has supported its rise.

According to the analyst, Hyperliquid’s plans to expand into tokenized stocks, commodities, and pre-IPO assets are accelerating the transition to on-chain asset transactions in the crypto market.

In his comments on AI-themed crypto assets, Van de Poppe argued that NEAR Protocol and Bittensor projects still have significantly low valuations. He believes that although these projects’ ecosystems continue to grow, their market caps remain behind traditional AI companies.

Van de Poppe also pointed out that, under current market conditions, liquidity is concentrated only in a few protocols with high growth potential. The analyst emphasized that macroeconomic conditions continue to be decisive for the crypto market; he said that bond yields, central banks’ monetary policies, and inflation outlooks will directly impact risky assets.

The analyst warned that if inflation becomes persistent or if interest rate hikes resume, risky assets, including the crypto market, could come under pressure.

*This is not investment advice.
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