Altcoin Bull Market Incoming: Ethereum and DeFi Severely Undervalued, Says Top Analyst

Key Points

1. Ethereum remains 40% below its late 2024 price despite $1 billion ETF inflows and a record-high 35 million ETH staked.

2. Chainlink and Wormhole are undervalued despite partnerships with major institutions like Ripple and BlackRock.

3. DeFi TVL has only slightly dipped from $131 billion to $110–115 billion, yet key assets like Aave are down 30–40% in value.

4. Layer-2 solutions like Optimism and Arbitrum show mispricing despite maintaining strong positions in Ethereum's ecosystem.

5. Van de Poppe believes high-quality altcoins are poised for recovery as undervaluation gaps widen, signaling an inevitable return to fair value.