#AltcoinSeasonLoading
Has the alternative currency season started in 2025? Here are the key indicators
Decline in Bitcoin dominance
Bitcoin's dominance in the market decreased from 55.3% on May 1 to 53.8% by May 10, 2025, indicating a shift of funds from Bitcoin towards alternative currencies – one of the clearest signs of the upcoming alternative currency season.
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Strong performance of alternative currencies
Alternative currencies are achieving notable gains:
Ethereum (ETH): increased by 8.2% to reach $3,300.
Solana (SOL): increased by 12% to reach $157.
The number of active addresses on the Ethereum network also rose by 9%, reflecting increased activity on the chain.
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Increase in trading volumes and Relative Strength Index (RSI)
The total trading volume for alternative currencies on platforms like Coinbase and Kraken rose by 10% to $12 billion.
The Relative Strength Index (RSI) shows positive momentum:
ETH: 62 (upward momentum without overbought conditions)
SOL: 65 (strong buying pressure)
BTC: 54 (neutral)