Following Bitcoin, Ethereum finally broke its 2021 ATH, setting a new record. However, many altcoins still haven’t surpassed their previous ATHs.
At this point, while a major altcoin season is expected to begin, crypto options platform PowerTrade has pointed to the end of 2025 for the altcoin season.
PowerTrade Co-Founder and Chief Trading Officer Bernd Sischka stated that options traders are expecting strong year-end gains for many altcoins, including Solana (SOL), XRP, TRUMP, Hyperliguid (HYPE), and Chainlink (LINK).
At this point, Sischka stated that SOL, XRP, and TRUMP could lead the possible altcoin season.
The prominent figure stated that PowerTrade’s trading volume exceeded $1 billion in August, with call options accounting for 68% of that. This points to an upward trend.
Investors have been very active in call trading options expiring at the end of December for AEVO, AR, DOGE, ENA, HYPE, LINK, MOG, SOL, TIA, TRUMP, and ZRO, betting on an altcoin season that will begin towards the end of the year.
According to Sischka, Solana has been a standout in call options, attracting strong buying demand for its September and December maturities, with expected expiration prices significantly above current levels. At this point, investors appear confident that SOL will see a significant rally in the fourth quarter.
It was stated that there was an unusually large increase in XRP call options in December.
While memecoins like dogecoin (DOGE) and pepe (PEPE) mostly attract the attention of retail investors, the increase in open interest in tokens like WIF signals that institutional investors are quietly building positions, especially in more established altcoins.
The increasing option volume in altcoins other than Bitcoin and Ethereum indicates that both individual and institutional investors are anticipating an altcoin rally in the coming months and are preparing to make large profits from altcoins.
*This is not investment advice.