Arthur Hayes: Altcoin Season Has Arrived, HYPE and SOL Prove It

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Arthur Hayes says altcoin market is here, with HYPE and SOL showing the way. The old pattern—Bitcoin leads, altcoins follow—no longer works in 2025. Institutional money now targets projects with real cash flow, strong tech, or deep liquidity. HYPE hit $60 in September, while SOL climbed from $7 in 2023 to near $300. Fear and greed index no longer drives broad altcoin rallies. Investors must now pick winners carefully.
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