Discussions about the altcoin season are heating up, but real data shows that this is only a selective shift rather than a widespread price increase. Bitcoin's dominance remains above 60%, restraining the breakout potential of most altcoins. However, some projects with solid fundamentals are gradually finding their own paths.
Capital is currently focusing on assets with high liquidity, clear stories, and ecosystems with practical applications. This has created momentum for some standout altcoins, even as the overall market remains cautious.
Cardano (ADA): Sustainable liquidity, patient community
Cardano (ADA) is currently trading around $0.85, with a market cap of over $31 billion and a 24-hour trading volume of approximately $2.29 billion. These figures have made ADA one of the most liquid altcoins in the market, a key factor in attracting large capital inflows, especially from institutional investors and large trading funds.
Behind the price stability is a persistent developer community and a widespread holder ecosystem. The daily volatility of ADA is moderate, not causing short-term shocks, but the depth of the order book and stability in transactions have made Cardano an attractive choice for professional traders. The derivatives and spot markets of ADA are creating an environment with enough volatility to support controlled accumulation, rather than the risky pump & dump scenarios seen with many other altcoins.
One of the main drivers behind ADA's recent increase is the emergence of the Golden Cross pattern, a technical signal often associated with strong price increases. Analyst Lark Davis emphasizes that the last Golden Cross on Cardano's chart preceded a 236% surge, reinforcing optimism that a similar scenario may be repeating.
In addition to technical factors, the macro environment is also providing advantages for Cardano. Many large financial institutions, such as Goldman Sachs, Wells Fargo, and Citigroup, forecast that the U.S. Federal Reserve (Fed) will cut interest rates by a total of 75 basis points by the end of 2025. This expectation increases investors' risk appetite and often stimulates capital inflows into assets like cryptocurrencies, with ADA emerging as a promising option.
In terms of price structure, ADA is currently in a tightening triangle phase, with the $0.98 level considered a key breakout point. If the price exceeds this level, buying pressure could increase significantly, paving the way for a new surge. Meanwhile, the $0.89 level remains a key support to maintain the upward trend.
However, the big question is: Can ADA reach $10?
Analysts believe that while the short-term outlook is quite positive, the $10 target is still distant in this cycle. Trader Crypto Patel emphasizes that first, ADA needs to reclaim the $1.1 level, then break through the strong resistance at $2.9 – a level that previously halted the uptrend in the last cycle. If these barriers are broken, the $4–5 price range will become feasible, creating a springboard for higher ambitions in subsequent phases.
For ADA to reach $10, Cardano's market cap would need to exceed $300 billion – an achievement that can only be reached if all conditions converge: widespread real-world applications, participation from institutional capital, and strong development of the dApp ecosystem.
Currently, ADA's significant resilience in the context of Bitcoin and Ethereum undergoing deep corrections has demonstrated the project's intrinsic strength. Even if the $10 target remains ambitious, analysts agree that ADA reaching $2.5–3 by 2025 is already an important milestone, affirming Cardano's position among the leading altcoins in the market.
Tron (TRX): A payment platform with stable cash flow
Tron (TRX) is currently trading around $0.35, with a market cap of approximately $33 billion, daily trading volume exceeding $1.1 billion, and a circulating supply of nearly 94.7 billion TRX. These figures indicate that TRX is among the digital assets with large liquidity, an important factor that helps it maintain a sustainable position in the cryptocurrency ecosystem.
The standout strength of Tron is its ability to handle stablecoin transactions. The enormous stablecoin volume circulating daily on the Tron network has created real demand for use, ensuring the block space remains valuable. This positions TRX as a coin closely associated with stable payment activities, rather than merely relying on speculative excitement.
Additionally, liquidity spread across both centralized (CEX) and decentralized exchanges (DEX) provides a significant advantage for TRX. Investors can execute large volume trades with minimal impact from slippage, making TRX an effective trading tool for both individual and institutional investors.
In the context of a volatile market or entering a recession phase, the stablecoin inflow on Tron serves as a solid foundation. This factor helps TRX significantly outperform many speculative tokens or those reliant solely on meme trends, which can easily lose liquidity and collapse quickly when market sentiment reverses.
Floki (FLOKI): Community energy combined with real liquidity
FLOKI is currently trading around $0.0001, with a market cap of nearly $0.97 billion and a 24-hour trading volume of approximately $112 million. These numbers place FLOKI among the rare high liquidity meme tokens, a significant advantage that helps it frequently appear on the watchlists of many professional traders.
The significant difference between FLOKI and most small meme tokens is the stable liquidity structure on major exchanges. While many meme tokens can easily be inflated by short-term speculative money and quickly collapse when that money withdraws, FLOKI maintains order book depth and stable liquidity, allowing traders to manage risks more effectively through tight stop-loss orders and clear execution.
In addition to technical factors, FLOKI also harnesses community strength – a hallmark of meme token lines. This social energy has helped FLOKI maintain continuous market presence while providing an advantage in short-term trading strategies, where sentiment and community trends can create strong waves.
Thanks to the combination of real liquidity and community momentum, FLOKI is emerging as one of the more sustainable meme tokens compared to most of its peers.
Has the altcoin season truly begun?
Whether the altcoin season has truly begun remains a question among investors in the current market context. In fact, an "altcoin season" does not necessarily mean a comprehensive price increase for all altcoins. Instead, it may begin with selective capital flows into assets with abundant liquidity, transparent valuations, and clear practical applications.
In this landscape, ADA, TRX, and FLOKI stand out as representative figures for three different directions:
ADA: providing deep liquidity and a sustainable development community, along with a stable technical foundation maintained over many years.
TRX: serving as a stable payment tool, backed by massive stablecoin traffic, creating real demand for use.
FLOKI: adding social momentum and providing trading opportunities, thanks to the combination of high liquidity on major exchanges with the community strength characteristic of meme tokens.
If the current "altcoin season" expands to a market-wide scale, investors need to monitor several important signals:
Spot volume is evenly increasing across many exchanges rather than being concentrated locally.
The derivatives capital flow is normalizing, not just revolving around a few short-term pumps.
The industry correlation is increasing, first reflected in futures contracts linked to large-cap altcoins.
Until these signals become clear, capital flows will continue to prioritize projects with real application fundamentals and solid liquidity like ADA and TRX. Meanwhile, FLOKI will remain the focal point of short-term trading strategies, where community factors play a crucial catalytic role.
In summary, the current altcoin season is not a comprehensive boom but a selective season, where only coins with solid fundamentals and strong liquidity benefit. Cardano is proving its outstanding resilience in a volatile market phase, becoming a focal point for new capital inflows. Although the goal of $10 is still far, if ADA can reach $2.5–3 by 2025, it will be a significant achievement, affirming its position among the leading altcoins.
