Entering 2026, the macroeconomic landscape stands at a critical juncture of the Kondratieff cycle—the final echoes of the depression phase are fading, while the prologue of the recovery phase has begun. This kind of cycle transition often triggers comprehensive reassessment of assets.

Following the launch of Bitcoin ETFs last year, they have become an important gateway for institutional capital inflow. As this capital base expands, overflow effects are inevitable, and these overflowing funds are quietly flowing toward other crypto assets. The altcoin market has thus gained a sufficient liquidity foundation.

But what truly deserves attention is Ethereum's technological evolution. The advancement of the Glamsterdam fork not only brings improvements in parallel processing capabilities, but will also significantly increase gas limits, meaning a qualitative leap in network throughput and efficiency. Meanwhile, the practical application of ZK (zero-knowledge proof) technology is transitioning from theory to reality, scaling challenges are being progressively resolved, and the vitality of the ecosystem continues to be unleashed.

The current regulatory framework is also gradually becoming clearer, with institutional capital flowing in continuously. The dual benefits of technological iteration and policy clarification converging together mean the entire altcoin market is poised for a comprehensive explosion. Ethereum, leveraging its solid technical accumulation and enormous ecosystem foundation, is likely to become the core driving force of this market cycle.