Ethereum, Chainlink, Litecoin: Top Altcoins Still Trading Cheap vs Bitcoin

Altcoins are quietly outshining Bitcoin (BTC), with the sector’s market cap climbing nearly 40% against the top crypto since June. The resurgence has reignited altseason hopes, yet several high-conviction tokens remain criminally underbought despite strong fundamentals.

Let’s examine cryptocurrencies offering potential catch-up opportunities in the weeks ahead.

Ethereum Outlook: Why ETH is Underbought Right Now

Ethereum’s native token, Ether (ETH), has been underperforming its top layer-1 blockchain rival, Solana (SOL), and BTC for years.

However, the tide appears to have shifted in recent months, particularly with the Ethereum Foundation’s decision to remake its top management to focus on scalability and adoption and the growing ETF inflows and treasury adoption afterward.

Ether has clawed back ground against Solana (SOL/ETH) after SOL’s parabolic run in 2023–24. SOL is now down by over 57% from its peak against ETH, indicating growing capital rotation into the Ethereum ecosystem.

ETH has rebounded strongly against Bitcoin (ETH/BTC) from its multi-year range lows, surging nearly 40% recently.

The pair still trades beneath a long-term downtrend line, but the momentum points toward another leg higher, potentially retesting the 0.055–0.06 BTC area if buyers sustain pressure.

ETH has broken decisively above its 50- and 200-week moving averages on the dollar chart, aiming for its symmetrical triangle’s upside target of $7,000 by the year’s end.

That aligns with Standard Chartered’s ETH price outlook for 2025; they expect the price to hit $7,500.

If confirmed, it would mark Ethereum’s first decisive outperformance phase against both BTC and SOL in years, making it a prime “catch-up” trade this altseason.

Chainlink Outlook: Real World Utility Hints LINK is Underbought

Chainlink (LINK) has broken out of a long-term downtrend, supported by whale accumulation and surging network activity.

Institutional adoption is picking up through partnerships with heavyweights like Fidelity and SBI Japan, while real-world tokenization pilots continue to expand their footprint.

The ISO 27001 and SOC 2 certifications are bolstering trust in Chainlink. But when one checks LINK’s price performance, the altcoin looks extremely underbought.

For instance, LINK/USD has jumped by around 11% so far in 2025, compared to Ether’s 36% and XRP’s 28.60% rise in the same period.

From a technical perspective, the LINK/BTC chart shows the token breaking out of a giant falling wedge pattern that has been compressing since 2020.

Falling wedges are typically bullish reversal structures, and a decisive close above resistance opens room for a more substantial, 400%-plus trend reversal in Chainlink’s favor against Bitcoin.

Meanwhile, on the dollar chart (LINK/USD), the token is carving out an ascending channel pattern.

With LINK holding firm above $22 support and aiming for higher channel resistance near the $40–$42 zone, the structure highlights steady accumulation and rising bullish momentum.

The patterns reinforce the view that Chainlink is entering a new expansion phase after years of sideways action.

Litecoin Outlook: Donald Trump, ETF Buzz Boosts LTC Upside Potential

Litecoin (LTC) has been quietly staging a comeback, with technicals and fresh catalysts pointing to further upside.

The coin is eyeing a decisive close above $135 to validate an ascending triangle breakout toward $220.

A bullish divergence on the LTC/BTC chart also exists, suggesting a relative upside of as much as 40% against Bitcoin.

Adding fuel, Donald Trump’s recent embrace of Litecoin mining has boosted market sentiment, with parallels drawn to a 2020-style breakout.

LTC’s transaction volumes are climbing and onchain activity is robust, carving out a case that the altcoin is still underbought despite its accelerating momentum.