Bitwise CIO Matt Hougan predicts that TradFi firms will start scooping up altcoins after making ‘tons of money’ on Bitcoin exchange-traded funds (ETFs).
Should that happen, there might not be a better time to learn about the best altcoins to buy now, and get in while their prices are still low. Keep reading for our top three suggestions.
Hougan Predicts $BTC to $200K, Altcoin Season Next
In a recent interview with The Wolf of All Streets, Hougan explained that institutional investors are now hunting for the next big opportunity beyond $BTC.
‘All this money flowed into Bitcoin. The price went up 140%. And what are they going to do? They’re going to rotate into like Kellogg’s? No, they’re going to rotate into Circle, Ethereum, and treasury companies… It’s going to go all the way. It’s altseason in TradFi for sure.’ – Hougan.
Hougan then went on to discuss how he thinks that ‘Bitcoin is going to $200K by the end of this year’ and that Ethereum is experiencing a massive demand shock due to unprecedented institutional buying.
‘There is this supply-demand shock in both Bitcoin and Ethereum. And I didn’t study that much economics, but I know enough that when demand is 5 to 10x supply, the price tends to go up. And I think that’s just the story in crypto right now,’ Hougan added.
He also pointed out that nearly every day in July saw net inflows into Ethereum ETFs, with over $4.4B pouring in this month alone. As a result, he believes that $ETH has moved from a speculative asset to a must-have for institutional portfolios alongside $BTC.
And it’s no wonder, given the number of institutions accumulating $ETH right now. One such example is blockchain infrastructure firm BTCS Inc., which recently added 14,240 $$ETH to its portfolio. This pushed its total holdings to a hefty 70,028 $ETH, valued at around $270M at the time of purchase.
With capital rotating out of $BTC into altcoins, Hougan believes the market is just getting started. While it may feel like we’re at a peak, he says we’re ‘actually in the early innings,’ comparing today’s stance with the early days of the internet boom in 1998.
Early-stage altcoins like $BEST, $HYPER, and $ENA are still under the radar. Naturally, this makes now a prime time to invest in them before the broader market catches on and their prices likely shoot up.
Best Wallet Token ($BEST) – The Foundation of a #1 Anonymous Crypto Wallet
$BEST is the native token of Best Wallet, a non-custodial crypto wallet designed to give you complete control over your digital assets.
Owing to the fact that it gives you exclusive access to your private keys and doesn’t require KYC verification, it’s ranked as our #1 anonymous crypto wallet.
The Best Wallet mobile app also leverages Fireblocks Multi-Party Computation (MPC) technology to safeguard your keys while enabling encrypted cloud backups. This also removes the burden of managing seed phrases manually.
Security is becoming increasingly vital in the crypto world. This year alone, $2.1B+ worth of crypto has been mostly stolen through private key breaches.
Still, Best Wallet has a lot more to offer than urgent safeguarding measures. Its support of 1K+ digital assets, soon across 60 chains, makes it a one-stop powerhouse for crypto.
Thanks to its Cross-Chain Swap feature, you can also access 330+ decentralized exchanges and 30+ bridges. Doing so unlocks the best rates and lowest fees when moving assets across networks.
And it has tons to look forward to, including Best Card (its own crypto debit card), an NFT gallery, a rewards hub, and market intel analytics.
To get the most out of Best Wallet, you’ll want to hold some $BEST. Then, you can enjoy lower transaction fees, governance rights, early entry to the best crypto presales, and staking rewards at a 94%.
$BEST has already raised over $14.3M, with one whale investing $49.5K into the project alone. It’s clear that hype surrounding the Best Wallet ecosystem is building.
You can currently buy $BEST on presale for just $0.025405. New developments like Best Card could push its price to $0.072 this year, setting the stage for possible 193%+ gains if you join the action now.
2. Bitcoin Hyper ($HYPER) – Layer 2 Solution Set to Upgrade Bitcoin in Q3 2025
Bitcoin Hyper ($HYPER) is the presale token behind a Layer 2 network that will speed up Bitcoin in Q3 2025.
It aims to tackle some of Bitcoin’s most significant limitations by speeding up transactions, slashing fees dramatically, and introducing full smart contract support.
To deliver on this, it’ll integrate the Solana Virtual Machine (SVM). This should give it the speed and cost-efficiency of the Solana network, without sacrificing Bitcoin’s steadfast security.
A Canonical Bridge is at the center of it all, allowing you to move $BTC between the Layer 1 and Layer 2 while gaining access to fast and flexible smart contracts.
As a consequence, the Layer 2 upgrade will support performance dApps, real-world asset tokenization, and even the best meme coin launches.
For extra benefits, including ultra-low fees, staking rewards (currently at a 176% APY), and governance rights, purchase $HYPER on presale for only $0.01245.
The project has already raised over $5.8M with whales playing a big role in its early success – notable buys include one of $74.9K, $54.1K, and $53.9K.
3. Ethena ($ENA) – Breaks Away from Legacy Stablecoins like $USDT & $USDC
$ENA is the governance and utility token of Ethena, a crypto-native synthetic dollar protocol built on Ethereum.
The ecosystem offers an alternative to stablecoins like $USDT and $USDC. Its flagship asset, $USDe, is backed by $ETH and $BTC collateral and derivatives to maintain price stability without reliance on centralized banks.
Ethena has also introduced the ‘Internet Bond,’ a dollar-denominated savings product that’s available worldwide.
$ENA gains attention for directing protocol profits toward ecosystem growth, shaping risk management, and enabling holders to vote on the project’s future trajectory.
Consequently, it has spiked by over 109% over the past month. Its price surge aligns with tremendous whale interest.
Former BitMEX CEO, Arthur Hayes, for instance, recently acquired 2.16M $ENA worth $1.03M, bringing his total holdings to 7.76M $ENA worth $3.73M (at the time).
Given such demand, now signals a fortuitous time to purchase $ENA. It’s available on some of the best crypto exchanges (including MEXC, Binance, and Bybit) for roughly $0.57.
Verdict – An Altcoin Season Looms
With TradFi companies investing in crypto beyond crypto and diving into altcoins, we’re already seeing early signs of an altcoin season looming, just like Hougan predicts.
Projects like $BEST, $HYPER, and $ENA are each highly anticipated to soar, owing to their real-world use cases, rising demand, and whale attention.
Better still, their prices remain low enough to offer serious gains. So, if you’re looking to invest in some high-risk, high-reward altcoins, these might be the way to go.
This isn’t investment advice. Always DYOR and don’t invest more than you’d be sad to lose.
