Will there still be a season for altcoins in the future?

Does Ethereum Layer 2 still have potential? Yesterday's market seemed to have a small 'dress rehearsal'. During Ethereum's rise to $2800, mainstream DeFi tokens surged significantly. The market interprets this as: after Trump takes office, there may be a relaxation of regulation on the crypto industry, and within the crypto ecosystem, DeFi is undoubtedly the most regulated segment. Therefore, the market interprets this as: after the relaxation of regulations, DeFi will have new developments, attract new users, and expand new markets, thus tokens received positive stimuli. However, it should be noted that the tokens that have risen, especially those with significant increases, are well-known DeFi project tokens. So by extension, even if there is a season for altcoins in the future, it will only be the tokens of well-known blue-chip projects that will experience this season, not just any token can rise. I estimate that Ethereum's Layer 2 will likely have a similar effect, but the prerequisite is that there must be a strong application ecosystem for their prices to rise. Once a certain Layer 2 scaling application ecosystem takes off, and its token is stimulated positively, this effect will also spread to other Layer 2 expansions.