#AltcoinSeasonComing?
the #AltcoinSeasonComing hype feels pretty muted right now. Bitcoin dominance is sitting firm around 60%, a level it's held for months, with money mostly staying parked there during all these Q4 dips.
The altcoin season index? It's down in the teens to low 30s—deep Bitcoin territory, where hardly any top alts are beating BTC over the past 90 days. Sentiment on X is hopeful in spots, with people eyeing a big 2026 shift as alts look historically oversold. We're overdue by past cycles. But without stronger liquidity or macro boosts like rate cuts, nothing's really rotating yet.
That's why Solana catches my attention these days. It's not booming, but it's holding up better than most. Trading around $124, clinging to supports, slightly up on the day while staying top-five in market cap. The ecosystem keeps chugging—DEX volumes have flipped Ethereum multiple times this year, TVL creeping higher even in rough patches, and memes like WIF or BONK still pull crowds.
Institutions are dipping in too, with spot Solana ETFs trading stateside since late fall and decent inflows. The Alpenglow upgrade got approved months back—it's rolling out faster finality and scalability. On-chain stuff like transactions and wallets looks solid compared to rivals.
Sure, risks are there: volatility, past outages (mostly fixed), and if Bitcoin keeps ruling, everything stalls. Compared to ETH getting nibbled by L2s or newer chains lacking network effects, though, Solana feels like a balanced high-upside pick—utility plus hype.
If macro turns and we spark early 2026, SOL could easily 3-5x from here. What do you think—bullish, or waiting on something else?
