Is Ethereum Heralding the Arrival of an Altcoin Season?

Ethereum has soared past the $4,000 mark, sparking excitement in the crypto community and leading to intense discussion about whether we’re witnessing the start of a true altcoin season. The surge is visible in dominance charts, which show Ethereum’s market share increasing by over 30% in just one month. Joseph Lubin, co-founder of Ethereum, has even compared it to digital oil, suggesting that Ether could surpass Bitcoin’s monetary base size within the year. This optimism has been echoed by experts who point out a consistent bullish sentiment surrounding Ethereum, as seen through investor commentary and market trends.