Altcoin Season Shifts Focus to Aethir, Mantle, and Hyperliquid

As the altcoin season progresses, traders are witnessing a shift in liquidity towards tokens that demonstrate both trading depth and specific catalysts. Unlike a broad rally across the entire sector, the current market dynamics are favoring assets linked to infrastructure, derivatives, and gaming platforms. Notable tokens such as Aethir, Mantle, and Hyperliquid have emerged as focal points, each driven by unique factors contributing to their recent price movements. This rotation exemplifies the wave-like nature of altseason, where traders seek out names with active order books and compelling narratives.
Aethir (ATH) has recently gained traction, trading near $0.06 with a daily volume exceeding $110 million and a market capitalization of approximately $742 million. The token’s circulating supply is around 12.2 billion out of a maximum of 42 billion. Aethir’s price has appreciated by about 7% in the past day, bolstered by liquidity influx into centralized exchanges. The surge in trading activity positions Aethir as a viable candidate for short-term allocations during altseason, particularly due to its infrastructure role in gaming and cloud services, which enhances its visibility and turnover.
Mantle (MNT) is also making waves, trading at around $1.69 with a market cap nearing $5.5 billion and a daily turnover surpassing $500 million. The circulating supply stands at about 3.25 billion MNT. The token’s recent 5% price increase is attributed to robust exchange support and its recognition as a Layer-2 scaling solution. Meanwhile, Hyperliquid (HYPE), trading near $43 with a daily volume between $650 million and $700 million, is experiencing heightened interest due to speculation surrounding a potential spot ETF filing by Bitwise. This combination of trading activity and institutional interest keeps these tokens at the forefront of traders’ minds as altseason unfolds.
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