Altcoin Season Brewing? Key Signs Suggest a Shift Ahead
As Bitcoin edges closer to the $120,000 mark, many investors are wondering if we’re on the verge of another altcoin season, a period when altcoins outperform Bitcoin.
While it hasn't officially started yet, several key indicators suggest the shift may be near.
Investors Are Moving Money Out of Stablecoins One of the first signs is a decline in Tether (USDT) dominance, which dropped from 6% to 4.3% in Q2 2025. This suggests that people are taking money out of stablecoins and putting it into other cryptocurrencies, especially altcoins. 🔗 Source: ambcrypto
Ethereum Is Gaining on Bitcoin Ethereum (ETH) has been outperforming Bitcoin (BTC) recently. The ETH/BTC ratio has climbed over 40%, showing that investor confidence in Ethereum and possibly other altcoins is growing. 🔗 Source: Longtermtrends
Altcoin Market Cap Is Rising. The total market capitalisation of altcoins increased by over $200 billion in Q2 2025, a clear signal of rising interest and investment in the broader altcoin space. 🔗 Source: CoinMarketCap
Altcoins Are Breaking Key Price Levels. Technical analysts are watching closely as altcoins like Solana (SOL) move above their 200-day Simple Moving Averages (SMA) - a classic bullish signal that often precedes major price rallies.
🔗 Source: Cryptodaily
Bitcoin Dominance Remains High - But a Fall Could Ignite Alts Bitcoin dominance currently stands at around 64%, meaning Bitcoin still holds most of the market’s value. Historically, altcoin season starts when this number falls below 50%, signalling that funds are flowing into altcoins.
Altcoin Season Index Remains Low, For Now. The Altcoin Season Index, which tracks whether altcoins are outperforming BTC, is currently at 20. A value above 75 usually signals a full-blown altseason, so while we’re not there yet, momentum is building. 🔗 Source: ambcrypto
