Altcoins are not outperforming Bitcoin at the moment, according to the CoinMarketCap Altcoin Season Index, which is at 32/100 (indicating 'Bitcoin Season'). Key points are:
BTC dominance at 63.09% (down 0.67 points in the last 24h) and Altcoin Season Index at 32/100 – Bitcoin maintains control despite small outflows.
Growth of the BNB Chain ecosystem (+135% in 24h) – BNB (+2.67%) and SHIB (+10.57%) lead, but the sector's growth has not yet changed the dominance.
BTC ETF inflows reach $148 billion in assets under management (AUM) – institutional demand strengthens Bitcoin's dominance.
Detailed Analysis
1. Bitcoin Dominance and Altcoin Season Index
Bitcoin's dominance has slightly decreased to 63.09% (-0.67 points in 24h), while the Altcoin Season Index rose 45% over the week, reaching 32/100 – still indicating 'Bitcoin Season'. This shows that altcoins are gaining ground, but there has not yet been a significant change in the market. (CoinMarketCap)
What this means: Bitcoin remains the safe haven, but altcoins like BNB and gaming tokens (e.g., CROSS with a 177% increase this week) are gaining strength.
2. Growth of the BNB Chain Ecosystem
The market value of the BNB Chain ecosystem grew 135% in 24 hours, boosted by the burn of $1 billion in BNB tokens and the Maxwell upgrade, which reduced block times to 0.8 seconds. Nevertheless, Bitcoin still represents 63% of the total crypto market value. (BNB Chain)
What this means: Advances in specific sectors, such as decentralized finance (DeFi) and gaming, are still not enough to challenge Bitcoin's dominance.
3. Institutional Demand for Bitcoin
Bitcoin ETFs now manage $148 billion in assets, with inflows of $4.1 billion since May. On the other hand, interest in altcoin ETFs (like Solana and XRP) remains speculative and fragmented. (CoinMarketCap)
What this means: Institutional adoption of Bitcoin creates a liquidity barrier, limiting the appreciation potential of altcoins, despite retail investor enthusiasm.
Conclusion: Bitcoin Maintains Leadership
Although specific altcoins, such as CROSS and SEI, show significant gains, Bitcoin's dominance and ETF flows indicate that it continues to be the backbone of the market. To confirm a shift, we need to see the Altcoin Season Index above 75/100 and BTC dominance below 55%. For now, hold Bitcoin for stability and choose altcoins selectively for tactical trades.
