Has the altcoin season finally begun? Has the altcoin season finally begun?
The price of Ethereum recorded gains exceeding 20% over the week, while altcoins like SOL, DOGE, and BNB also rose, and LINK jumped by 30%, raising questions about the start of the altcoin season. The year 2025 saw record performance for Bitcoin, which peaked at $122,838 in July, while most altcoins lagged behind their historical levels. However, with the price of Ethereum rising by more than 50% in a month, the overall sentiment changed, even the famous trader "Arthur Hayes," who sold his ETH holdings expecting a drop, returned to buy it back admitting his mistake. Analysts believe this season may be different; according to trader "Ito Shimotsuma," each cycle and altcoin season is smaller than the previous one, and only coins with strong narratives and clear revenue models will thrive. Meanwhile, "Miles Deutscher" warns that the rise may be limited, and "Benjamin Quinn" confirms that what we are witnessing now is the season of Ethereum, not the entire altcoin season.
In contrast, Bitcoin's dominance fell to 59.2% as its performance slowed against altcoins.
With the bullish indicator returning, Bitcoin is moving along with it, while investors await the impact of macroeconomic factors on the market's trajectory and the sustainability of this momentum
