Swiss Giant Bank Sets Altcoin Recovery Date Amid Regulatory Optimism

18.04.2025 19:00
Major Swiss bank Sygnum has announced that altcoins are set to recover in the second quarter of 2025. In its recent report, Sygnum noted that despite Bitcoin reaching a new all-time high and its dominance peaking at a four-year high, many altcoins, including Ethereum (ETH), Toncoin (TON), Sui, Aptos (APT), Sonic, and Berachain (BERA), remain well below their previous peaks. The bank’s analysis points to improved crypto regulations in the United States, initiatives like the push for digital asset reserves, and overall increasing user adoption as key drivers in the anticipated recovery. Sygnum suggests that if protocols can successfully engage users, they might outperform Bitcoin, leading to a decline in its current dominance. The report, while not constituting investment advice, reflects a cautiously optimistic view on the future performance of selective altcoins as the market shifts from a concentrated Bitcoin focus towards a broader crypto landscape.