As of May 10, 2025, the likelihood of the start of altcoin season is increasing, although there is still no definitive confirmation.
Signs of a potential altseason:
• The altseason index has reached 33 — the highest value since February. A level of 75+ is needed for confirmation.
• Bitcoin's dominance has decreased from 55.3% to 53.8%, which may indicate a shift of capital into altcoins.
• Solana has surpassed the $170 level, demonstrating potential leadership among altcoins.
• Crypto analysts point to the growth of the altcoin market and consider the situation to be “massively bullish.”
• Ethereum, BNB, Cardano, and other altcoins are showing price and trading volume growth.
Factors that restrain:
• The CMC index on May 8 was only 30 — below the altseason threshold.
• In the current market cycle, Bitcoin has shown better performance compared to altcoins.
• The market remains volatile, making accurate forecasting difficult.
What is altseason?
It is a period when altcoins outperform Bitcoin in growth rates. Accompanied by a decrease in BTC dominance, an increase in trading volumes, and rising prices. Typically lasts from a few weeks to a few months. Historically, it often began after halving — the last one occurred in April 2024, so the season could last until October 2025.
Current situation:
• Global capitalization: $3.41 trillion
• Bitcoin: ~$102,760
• Ethereum: ~$2,210
• Solana: ~$162
• In DeFi — TVL growth, in NFT — activity decline
Conclusion:
A number of signals indicate a possible start of altseason in May, but there is no final confirmation yet. It is essential to closely monitor BTC behavior, altcoin dynamics, and market sentiment.