The cryptocurrency market is buzzing with renewed altseason expectations as analysts draw parallels between the current Ethereum-to-Bitcoin (ETH/BTC) chart and the pre-2022 altcoin rally. With Bitcoin potentially dipping toward lower support levels, some market watchers are highlighting specific altcoins with strong fundamentals and institutional backing as prime candidates for the next wave of upside.
A prominent crypto analyst has singled out Monad (MON) and Canton (CANTO) as long-term buys if Bitcoin revisits the 200-week moving average. Monad, a Layer-1 blockchain with a $310 million market cap, is praised for its healthy chart structure and massive fundraising — around $431 million, surpassing even Sui's pre-breakout capital. The analyst notes its low monthly unlocks until late 2026 may support price stability. Trading near $0.028240 with a 24-hour volume of $130.8 million, Monad could be undervalued compared to previous Layer-1 cycles.
Canton Network (CANTO) is also on the radar, thanks to its focus on tokenized real-world assets and backing from heavyweights like Goldman Sachs, Citigroup, Nasdaq Ventures, and Binance Labs. With approximately $447 million raised, Canton is seen as a potentially stronger tokenization play than Ondo for the next cycle. The token trades around $0.154547 with $30.4 million in daily volume.
Meanwhile, a broader altseason indicator is the ETH/BTC ratio, where analysts note a recurring fractal pattern reminiscent of setups that preceded major capital rotation into altcoins in 2022. Projects like Qubic (QUBIC), Celestia (TIA), Solana (SOL), Tezos (XTZ), and LayerZero (ZRO) are gaining traction across decentralized computing, modular blockchain, high-speed Layer-1, enterprise upgrades, and cross-chain interoperability, respectively. While no fractal guarantees an identical outcome, the growing interest in infrastructure and utility-focused tokens suggests that savvy investors are positioning early.
