Altcoins to Watch: Why These Tokens Could Be Next After Bitcoin
Bitcoin’s breakout is leading the current crypto market recovery and could trigger a rotation into altcoins, according to analyst Michael van de Poppe. He highlights Arbitrum (ARB) as potentially undervalued: on-chain usage, TVL and fees remain strong while price sits near $0.126 (versus ~$0.26 in April 2025), and could recover toward ~$0.25 if momentum continues. Bittensor (TAO) is noted for AI-driven narrative exposure after correcting from about $350 to ~$249, offering a recovery opportunity if confidence returns. NEAR Protocol is testing key resistance and trading around $1.37, with a possible breakout toward $2.20–$2.50 supported by protocol updates and AI tooling. Overall, the piece is bullish on altcoin upside if Bitcoin maintains strength, citing growing Arbitrum revenue (est. $100–$200m potential annually) and on-chain fundamentals as catalysts for a next-phase altcoin rally.