Social media buzz around a potential altcoin season is intensifying as altcoin market indicators reach their highest levels of the year. Recent metrics from both the Blockchain Center and CoinGlass reveal a significant score of 76 out of 100 on their altcoin season index. Meanwhile, CoinMarketCap’s altseason indicator, though slightly lower at 67, still reflects notable strength, marking the highest readings since December.
According to the Blockchain Center, an altseason is defined as a period in which 75% of the top 50 cryptocurrencies outperform Bitcoin over a span of 90 days. Such seasons are typically characterized by substantial gains for altcoins, significantly challenging Bitcoin’s dominance. However, pinpointing the exact timing for this year’s altseason remains elusive.
Total altcoin market capitalization is inching closer to the all-time highs witnessed in 2021. Crypto trader “Daan Crypto Trades” pointed out that once the altcoin market resumes price discovery, broader excitement and risk-taking behavior among investors are likely to follow, potentially attracting new participants to the market.
The total altcoin market capitalization, excluding Bitcoin and stablecoins, currently stands at approximately $1.63 trillion, approaching previous peaks seen in 2025. The market cap’s historic highs were $1.64 trillion in November 2024 and $1.7 trillion in November 2021, according to TradingView data. In light of the strong altseason index reading, crypto educator Karan Singh Arora remarked that traders are starting to adopt a risk-on approach.
Adding fuel to the optimism, crypto trader Ash Crypto suggested that altcoins may soon enter a parabolic phase as the third cycle of altseason develops.
In the current market landscape, some altcoins are experiencing notable gains. Dogecoin (DOGE) has increased by more than 5% to surpass the $0.25 mark, while Avalanche (AVAX) has surged nearly 11% to reach $29, marking its highest value since January. Other performing altcoins over the last 24 hours include Hyperliquid (HYPE), Stellar (XLM), Litecoin (LTC), and Toncoin (TON), each rising by over 3%.
As excitement continues to build around the altcoin market, investors and traders are closely monitoring indicators and price movements, hoping for a significant altcoin rally ahead.
