🚀 ETH Rockets Toward $4K as 50% Surge Incinerates $100M in Shorts – These Altcoins Are Stealing the Show

Ethereum isn’t just climbing—it’s napalming bearish bets. A blistering 50% rally torched $100M in short positions, pushing ETH within striking distance of $4K. The crypto market’s second act is here, and the crowd’s already pivoting to the altcoin theater.

The Short Squeeze Heard ‘Round Crypto

Leveraged traders got steamrolled as ETH’s rally turned into a bear trap. Those betting against Ethereum now know the pain of fighting momentum—and the market’s ruthless efficiency at burning overconfidence.

Altcoins: The Side Stage Goes Mainstream

While ETH dominates headlines, the real action might be off-Broadway. Traders are rotating into high-beta alts, hunting for the next narrative play. Because nothing says 'financial innovation' like chasing the next shiny object after missing the first 50% move.

The smart money? Watching which projects can sustain momentum when—not if—volatility strikes back. After all, even rockets need refueling.

Growing Number of $ETH Holders

As per Santiment, the $ETH network has over 152.03M non-empty $ETH wallets, which is more than any other cryptocurrency. This Sunday, a whale wallet bought 13,500 $ETH with $50M worth of $USDT.

In another notable move, SharpLink, a publicly traded sportsbook marketing company, recently became the largest corporate holder of $ETH, acquiring 280,706 tokens valued at $1.06B.

Clearly, bitcoin isn’t the only reserve-worthy asset anymore, with Ethereum quickly catching up. While Bitcoin has already reached a new all-time high, $ETH is just 25% away from breaching its previous peak of $4,800.

It currently faces strong resistance at $4,100. This is a level that, once broken, could propel the token toward $5,000 in the short term.

As Ethereum continues to attract whales and institutional investors, setting the stage for its next major move, several other crypto tokens stand to benefit from this bullish momentum.

If you don’t want to miss out, here are some of the best cryptos to buy now.

1. Snorter Token ($SNORT) – Best Altcoin to Buy Right Now, Telegram-Based Trading Bot

Snorter Token ($SNORT) is the token powering Snorter, a Telegram-based crypto trading bot built specifically for retail users.

Until now, institutional investors have typically swooped in to absorb all the early liquidity in new meme coins. But Snorter changes the game.

The bot allows retail users to place buy/sell limit and stop orders (which Snorter then automatically executes) directly from the Telegram chat, creating a more level playing field.

In addition to its ease of use, the bot is mighty secure too. It not only independently verifies every token before enabling trading, but also comes with protection against honeypots, rug pulls, and even sophisticated sandwich attacks.

Currently in presale, $SNORT has raised over $2.18M, with each token priced at just $0.0989.

Moreover, according to our Snorter Token price prediction, the token could surge by 1,900% in 2026, potentially hitting $1.96 and offering life-changing returns.

Finally, it’s worth noting that holding $SNORT unlocks lower trading fees (0.85% vs. 1.5% for non-holders), advanced analytics, and increased daily sniping limits, giving early adopters a clear edge.

2. Bitcoin Hyper ($HYPER) – New Bitcoin L2 for dApp & Web3 Compatibility

Bitcoin Hyper ($HYPER) is the first Bitcoin layer-2 blockchain solution that uses a canonical bridge to convert traditional $BTC into wrapped Bitcoin.

Over time, the Bitcoin network has slowed due to rising transaction volume, and it still lacks native compatibility with DeFi and Web3 applications.

$HYPER aims to change that, powered by the Solana VIRTUAL Machine (SVM). Once converted into wrapped Bitcoin, your $BTC can be used across DeFi, NFTs, blockchain gaming, and other Web3 ecosystems.

When you’re done, the same bridge lets you convert your wrapped $BTC back into real Bitcoin seamlessly.

This high-performance, low-latency token brings the scalability and developer-friendly experience of solana to the Bitcoin ecosystem.

The $HYPER presale is gaining strong traction, having already raised $3.9M.

Each token is currently selling for just $0.01235. And according to our $HYPER price prediction, it could reach $0.08625 by 2026 – a potential 7x return.

3. FLOKI ($FLOKI) – OG Meme Coin Gaining Massive Traction Once Again

FLOKI ($FLOKI) boasts a market cap of around $1.3 billion, making it one of the top 10 meme coins by market capitalization.

Named after Elon Musk’s Shiba Inu, FLOKI has grown into a multi‑utility meme token since its launch in June 2021.

The platform is developing Valhalla, a play‑to‑earn, NFT‑based metaverse gaming ecosystem where $FLOKI serves as the primary currency.

Players can use it for in‑game purchases, trade NFTs, and win rewards. Since its July 1 launch, Valhalla has crossed the 1M transaction mark and seen approximately 125K NFT mints.

Better still, $FLOKI has surged over 92% in the past four weeks, and it’s currently trading around $0.0001402.

With strong Valhalla adoption and bullish technical sentiment, as the token consolidates NEAR recent highs, potentially setting up for a breakout, experts anticipate a 50%-80% upside from current levels.

Bottom Line

With Ethereum joining Bitcoin in a fresh rally, the broader crypto market, led by its two dominant players, looks overwhelmingly bullish.

This renewed momentum sets the stage for promising altcoins like Snorter Token ($SNORT) and Bitcoin Hyper ($HYPER) to ride the wave, offering early investors a chance to capitalize on what could be the next major breakout phase in crypto.

That said, kindly remember that crypto investments are highly risky. Also, this article is not financial advice, and we strongly urge you to do your own research before investing.