The cryptocurrency community is actively discussing the possibilities of an altcoin season. Market participants are divided, creating contrasting views about the future of altcoins.
Is Altcoin Season a Myth?
Some market participants are convinced that the period when most alternative coins outperform Bitcoin is already here, while others are more pessimistic, concluding that altcoins will continue to lose ground.
Charles Hoskinson's Optimism
Charles Hoskinson, founder of Cardano, belongs to the group of optimists. In a recent live session on YouTube, he responded to a question about the state of the altcoin market and expressed his belief that the second half of 2025 will be beneficial for altcoins. Hoskinson stated that 'July and the months preceding it could see altcoins record a notable price run.'
Current Achievements of Altcoins
Despite sustaining mild intra-day losses, three altcoins - Ether, SOL, and DOGE - have outpaced Bitcoin over the last 7 days. Bitcoin, currently trading at $105,516, has only managed to sustain 3.87% in gains over the last 7 days, while ETH, SOL, and DOGE are up 7.94%, 6.10%, and 5.65% respectively.
Thus, opinions about the upcoming altcoin season are divided. However, the recent achievements of some altcoins raise hope for their continued growth and favorable market conditions.
