- SUI leads altcoin momentum with strong volume, higher lows, and a confirmed breakout, outperforming other tokens.
- ONDO remains weak with no signs of accumulation or recovery, underperforming despite broader market bullish signals.
- SOL and ETH stay neutral, consolidating within resistance zones, awaiting market triggers for stronger direction.
Altcoin sentiment has intensified as analysts say a full-scale altseason incoming. According to Altcoin Buzz, current valuations for major altcoins remain undervalued. They stated that SUI at $10, ONDO at $5, SOL at $500, and ETH at $3,500 are all “too low.”
They further emphasized that doubling these prices would mark a true altseason. Supporting this outlook, analysts such as Moustache, Merlijn The Trader, and Mister Crypto each pointed to key technical and market shifts, including declining Bitcoin dominance and breakout confirmations.
SUI Shows Strongest Breakout
SUI has outperformed its other tokes noted since April, showing signs of a stronger and more consistent recovery. It bottomed out in early April and quickly rallied, peaking around mid May. The price then entered a pullback phase but established a higher low, holding above its prior resistance.
This behavior suggests consolidation rather than reversal. Trading volume spiked during the uptrend, suggesting strong market activity and speculative interest. Despite the recent cooldown, SUI’s structure remains intact, with a clear divergence from weaker assets in the same timeframe.
ONDO Under Pressure with Weak Recovery Signs
In contrast, ONDO has yet to demonstrate any substantial recovery or bullish outlook. It has followed a persistent downward movement with no confirmed reversal. Selling pressure has dominated ONDO’s trend since April, and there has been no sign of accumulation or speculative demand.
ONDO did not benefit from the broader market rally observed in assets like SUI. This divergence shows a lack of confidence or speculative interest and places ONDO at the bottom among the observed altcoins. Its failure to react during bullish phases underlines its relative weakness in the current market.
SOL and ETH Stay Neutral
Meanwhile, SOL and ETH have moved in line with general market sentiment but without clear front. SOL initially declined in Q1 2025 and later attempted a recovery starting April. However, it reached a lower high and has since flattened, suggesting resistance.
ETH also showed recovery signs post April but still trades within a structurally weaker zone. According to Moustache, ETH reclaiming the midline of the 2W Gaussian Channel in 2024 and 2021 historically preceded alt rallies. However, ETH remains less volatile compared to SUI and has not outpaced its other tokens.
Altcoins Split as Momentum Favors SUI
SUI leads among tracked altcoins with stronger volume, higher lows, and confirmed recovery. ONDO continues to lag with no bounce. SOL and ETH remain neutral, consolidating within key zones. Despite varying performances, broader market conditions could define the next phase for altcoins.