Last year, it seems that the real “Altcoin season” has not yet happened, which is the direction of the market as Cryptos performs better than Bitcoin (BTC). So some analysts talk about Altcoin season is longGiven that the data indicates short -term peaks. Here is what is happening in the encryption market.
Altcoin outfit season: Cryptos records short -term tops
According to reports from Blockchain CenterIt looks like this Last year There was a long time Altcoin season With short -term tops.
Specifically, the Altcoin season should be a period in which 75 % of the best 50 altcoins performs better than Bitcoin (BTC) over 90 days. In general, these are the 2-3 months that follow the Bitcoin (BTC) prices, as it exceeds Altcoins BTC in cumulative revenues.
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In this regard, Blockchain Center create Its own Altseason Index That was registered last year The bull extends in January 2024, then in March 2024 and again in December 2024. However, these summits were from these A short period that nothing can be called “season”.
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This style is completely different from what happened in the past. In fact, the Altcoin season occurred in 2015-2018 and 2019-2022 sessions, while For the current 2023-2025, it appears that it was not yet clear.
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Altcoin season: different trends for the encryption market
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Another aspect must be observed when talking about it Altcoin season Does it indicate? To all codes that are not Bitcoin (BTC) but also among themselves from different categories.
This means that with the word “altcoin”, today, the distinctive symbols of the protocol are assembled in governance, the distinctive symbols of the protocol in governance, the distinctive symbols of the real world protocol (RWA).
Compared to when this word was born, today There are different sub -categories that must be taken into account, and each has their own evolutionary trend.
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On Coinmarketcap, for example, you can see some direction Sub -encryption groupsS. in case MicoinsIn general, The maximum market It seems that it increased by +9.42 % in the past 24 hours, with a total More than 58 billion dollars. Here, you can also find it RWA category with the total maximum current market is about $ 54 billion.
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Other categories of Altcoins are those that make up part of Blockchain, such as encryption Solana Ecosystem, Polkadot Ecosystem or, again, the BNB series environmental system.
Altcoins is also mentioned today for traditional financial tools. For example, early July 2024, The first Ethereum ETF spot in the United States of America It appeared, which has been recorded since then A modest net flow of $ 565,000.
Now, in the hands of the United States, there ETF apps for LtcXRP, Sol, Ada, a point And other altcoins.
Altcoins performance in a narrower sense
At the beginning of the month, Altcoin Market was analyzed Another index, total3, That is measured The total market value of encryption except bitcoin, Ethereum, and the main stablecoins.
Not by chance, the value of Bitcoin alone is more than 60 % of the maximum CRYPTO market. Add ETHEREUM, USDT and USDC, it already exceeds 75 % of the encryption market. This means that now Altcoins is less than a quarter of the entire encryption market.
Here too, in the past six months, The maximum peak of total 3 was reached in December 2024, above 1.160 billion dollars. This means that between November and December, Altcoins has returned to its highest previous levels ever, but without great superiority.
While on January 18, 2025, total 3 was still above $ 1.100 billion, at the beginning February the index fell to less than 750 billion dollars.
Only at the beginning of March, a total of 3 new recovery recorded more than 900 billion dollars. At the time of writing this report, a total of $ 350 billion.
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