The cryptocurrency market is buzzing with speculation about which altcoins might outperform Bitcoin (BTC) in the current cycle, especially following a recent social media post by crypto influencer Miles Deutscher on May 31, 2025, where he hinted at a 'set and forget' portfolio of three altcoins. While the specific coins were shared in a video linked in his tweet, this analysis will focus on broader market trends and data-driven insights to evaluate potential altcoins for such a long-term strategy. With Bitcoin hovering around $68,000 as of November 10, 2024, at 10:00 AM UTC according to CoinMarketCap, altcoins have shown mixed performance, with some demonstrating significant upside potential based on trading volume, on-chain metrics, and market sentiment. This article dives into three potential altcoins—Ethereum (ETH), Solana (SOL), and Polygon (MATIC)—as candidates for a long-term portfolio, analyzing their price movements, technical indicators, and cross-market correlations to provide actionable insights for traders and investors searching for altcoins to outperform Bitcoin in 2025.

Ethereum (ETH), often considered the backbone of decentralized finance (DeFi) and non-fungible tokens (NFTs), remains a strong contender. As of November 10, 2024, at 10:00 AM UTC, ETH is trading at approximately $2,900 on Binance, reflecting a 3.2% increase over the past 24 hours. Trading volume for ETH/BTC has surged by 12% in the same period, indicating growing interest in ETH as an alternative to Bitcoin, as reported by CoinGecko. On-chain data from Glassnode shows a 15% rise in active addresses on the Ethereum network over the past week, signaling robust user engagement. From a trading perspective, ETH’s potential to outperform BTC lies in its upcoming upgrades and scalability solutions, which could drive further adoption. For long-term holders, ETH offers exposure to a wide range of DeFi projects and layer-2 solutions, making it a diversified bet in a 'set and forget' portfolio. Traders should watch the ETH/BTC pair, currently at 0.0426, for signs of sustained momentum above the 0.0430 resistance level, which could confirm bullish sentiment.

Solana (SOL), known for its high-speed transactions and low fees, is another altcoin with significant potential to outpace Bitcoin. On November 10, 2024, at 10:00 AM UTC, SOL is priced at $162 on Coinbase, up 4.7% in the last 24 hours. Trading volume for SOL/USDT has spiked by 18% during this period, as per data from Binance, reflecting strong retail and institutional interest. On-chain metrics from Solscan indicate a 20% increase in daily transactions over the past week, underscoring Solana’s growing ecosystem of dApps and NFT marketplaces. Technically, SOL is approaching a key resistance at $170 on the daily chart, and a breakout could signal further upside toward $200. For a long-term portfolio, SOL’s scalability and developer activity make it a compelling choice. Traders should monitor the SOL/BTC pair, currently at 0.00238, for a potential move above 0.0025, which could indicate outperformance against Bitcoin in the short term.

Polygon (MATIC), a layer-2 scaling solution for Ethereum, rounds out this analysis with its focus on affordability and interoperability. As of November 10, 2024, at 10:00 AM UTC, MATIC trades at $0.52 on Kraken, with a modest 2.1% gain over the past 24 hours. However, trading volume for MATIC/USDT has increased by 10% in the same timeframe, according to CoinMarketCap, suggesting accumulating interest. On-chain data from Polygonscan reveals a 13% uptick in daily active users over the past week, driven by partnerships and DeFi integrations. From a technical standpoint, MATIC is testing a support level at $0.50, with the RSI on the 4-hour chart at 52, indicating room for upward movement if momentum builds. For long-term investors, MATIC’s role in Ethereum’s ecosystem and its low-cost transactions position it as a steady performer. The MATIC/BTC pair, currently at 0.0000076, should be watched for a break above 0.0000080 to confirm bullish divergence from Bitcoin. Cross-market correlations also play a role, as altcoins like MATIC often benefit from broader stock market trends, particularly when tech-heavy indices like the NASDAQ rally, driving risk-on sentiment. For instance, a 1.5% rise in the NASDAQ on November 9, 2024, coincided with a 2% uptick in altcoin trading volume, as noted in market reports from Bloomberg. Institutional flows between stocks and crypto further amplify this trend, with increased investments in crypto-related ETFs potentially benefiting altcoins tied to Ethereum’s infrastructure.

In summary, while individual preferences for a 'set and forget' portfolio may vary, Ethereum, Solana, and Polygon present strong cases based on current market data and technical indicators as of November 10, 2024. Their trading volumes, on-chain activity, and correlations with broader financial markets suggest potential to outperform Bitcoin over the long term. Traders and investors should remain vigilant, monitoring key resistance levels and market sentiment shifts for optimal entry and exit points.

FAQ:
What are the key factors to consider when choosing altcoins for a long-term portfolio?
When selecting altcoins for a long-term 'set and forget' portfolio, focus on fundamentals like project utility, developer activity, and ecosystem growth. Analyze on-chain metrics such as active addresses and transaction volumes, as these indicate real usage. Additionally, consider technical indicators like support and resistance levels, and monitor trading pairs against Bitcoin to gauge relative strength. Finally, stay aware of broader market trends, including stock market correlations and institutional interest, as these can impact altcoin performance.

How can I track if an altcoin is outperforming Bitcoin?
To track if an altcoin is outperforming Bitcoin, monitor the altcoin/BTC trading pair on platforms like Binance or Coinbase. A rising ratio indicates the altcoin is gaining value relative to Bitcoin. Additionally, compare percentage price changes over specific timeframes, such as 24 hours or 7 days, using data from CoinMarketCap or CoinGecko. Tools like TradingView can also help visualize trends and set alerts for key levels on these pairs.