Amid rising interest in altcoins and significant changes in the crypto market, many are questioning whether the real altcoin season has begun.
Bitcoin Climbs, Altcoins Gain Attention
Bitcoin reached a new high near $123,000 in mid-July 2025, triggering increased interest in altcoins. Peak search activity for the term 'altcoin' was also recorded during this time, emphasizing the significance of this active market.
Are We in Altcoin Season Yet?
While some altcoins show growth, such as Cardano and Solana, current data does not confirm a full altcoin season. Bitcoin still dominates the market, holding about 60% of the total capitalization. However, growing signs of strength in altcoins are noticeable.
Altcoin Market Cap Breaks Long Resistance
The total altcoin market cap has risen above $1.6 trillion, while Bitcoin's dominance has declined, indicating a capital rotation into altcoins. Breakthroughs in technical patterns and changes in funding rates suggest an improved market situation.
The altcoin market shows signs of growth, although the situation remains uncertain. Institutional investments and legislative changes highlight the growing interest in crypto assets.