The cryptocurrency market has experienced a downturn over the past 24 hours, with notable altcoins such as Solana (SOL), XRP, Sui (SUI), and Cardano (ADA) recording declines of 2% to 4%. Despite these setbacks, Ethereum's recent breakout has sparked discussions about a potential "Altcoin ETF Summer."

Bitcoin and Ethereum have been the focal points of the crypto market for several months. However, the altcoin market has been relatively stagnant, awaiting its opportunity to gain traction. The recent market activity suggests the possibility of a broader rally across the altcoin sector.

This anticipated "Altcoin ETF Summer" could be a pivotal moment, bringing attention to alternative cryptocurrencies and exchange-traded funds in the crypto ecosystem.