Altcoin Season Incoming as TOTAL2 Market Cap Hits $1.5T
The altcoin market (excluding Bitcoin) has reached a $1.5 trillion market cap, a level last seen in January. This signals a potential $5 trillion altseason, driven by capital rotation from Bitcoin and increasing stablecoin inflows.
Key Points:
• Over $1.7 billion in stablecoins were deposited to exchanges this week.
• TOTAL3 (altcoins excluding Ethereum and Bitcoin) is still early in its rally, with analysts projecting a move to $5T.
• A monthly close above $1.51T for TOTAL2 could mark the strongest altcoin market close in history.
• Binance and HTX received nearly $1.7 billion in stablecoin inflows, reflecting strong buying interest.
The influx of capital, especially from sidelined stablecoins, suggests growing interest in altcoins, setting the stage for a major breakout.
