Jesús Carreño, Operations Specialist at Exchange Mexc for Latin America, said that the possible Altseason will benefit only cryptocurrencies such as Ethher (ETH) and Solana (Sun), underlining that the Altcoins season that could be unleashed will be different from the previous ones.
In a recent statement sent to cryptootics, Carreño bases its projection in part to Ether’s advancemainly promoted by the sustained interest of institutional investors.
«The recent performance of Ethereum reflects the progressive maturation and the growing adoption of the blockchain ecosystem. Institutional interest has increased in a sustained way (…). This impulse, together with the repeated historical maximums achieved by Bitcoin, has improved the general feeling of the market ».
Jesús Carreño, MEXC manager for Latin America.
This scenario is part of a historical pattern observed in Bitcoin’s upward cycles (BTC). According to Carreño, in the average or late stages of these trends, capital tends to rotate towards Ether and other Altcoins, since Investors seek greater profitability opportunities.
«Historically, we have observed a capital rotation from Bitcoin to Ethereum in the average or late stages of the bullish cycles -particularly after BTC reaches its peak -when investors begin to look for greater returns in Altcoins with solid foundations. That pattern seems to be reappearing, with Ethereum again in the center of the scene ».
Jesús Carreño, Operations Specialist in Mexc for Latin America.
This type of flows usually leads to what is called Altseason, a period in which the Altcoins have better performance than Bitcoin.
However, the specialist clarified that, unlike previous cycles, The Altseason in the way will not cause a generalized rally in the Altcoins. For Jesus, the current context will be more selective due to the maturity achieved by the market.
“This possible Altseason will probably benefit only projects with really solid foundations, such as ETH and Sol, instead of triggering a generalized speculative rally throughout the Altcoins market,” Carreño said.
On the other hand, the Mexc representative also He stood out as a key factor for Ethereum takeoffimplemented in May 2025. This technical improvement optimized the capacity and efficiency of the network, promoting on-chain activity and reactivating the burning mechanism of ETH.
On this point, Carreño added: «Currently, about 30% of the total supply of ETH is in Staking, which reduces circulating offer and can increase both shortage and long -term demand. As the staking becomes more attractive and the usefulness of the network continues to grow, we could see a sustained bullish pressure on the price of ETH ».
At the end of June, the cryptootic team had the opportunity to talk with Jesús Carreño during a meeting in Buenos Aires, where the specialist shared his vision of the future of cryptocurrencies in Latin America.
In the meeting, Carreño highlighted the accelerated growth of Bitcoin and the Stablcoins in the region. And pointed out that The market is preparing for an explosion in the use of stable currenciesdriven by the search for more efficient alternatives to the traditional banking system.
