According to a new analysis from FBS, the long-anticipated altcoin season is already underway and accelerating, indicating shifts in the crypto market.
Current Trends in the Crypto Market
FBS analysts report a significant capital rotation leading to a decrease in Bitcoin's dominance in favor of Ethereum and other top-tier altcoins. Bitcoin reached an all-time high of $123,000 in mid-July 2025, catalyzing this transition.
Key Altcoins with Growth Potential
Based on current trends, three altcoins are highlighted for their strong growth potential: Solana (SOL), Chainlink (LINK), and Hyperliquid (HYPE). These assets are attracting attention from both crypto hedge funds and corporate treasuries.
Macroeconomic Factors Affecting the Market
Macroeconomic conditions, such as cooling US inflation and anticipated Federal Reserve rate cuts, create favorable conditions for risk assets. The global M2 money supply is rising at its fastest pace since early 2021, which is also positively influencing the growing interest in altcoins.
According to this analysis, the altcoin season is already in motion, and investors can expect continued growth and further changes in the market.