Based on the latest data as of July 25, 2025, the crypto market shows early signs of altcoin season. Here are the current indicators and analysis:

📊 Current Altcoin Season Indicators

1. Decline in Bitcoin Dominance (BTC.D)

- Bitcoin market dominance has decreased from 65.7% to 59.6% in the last 30 days.

2. Increase in Altcoin Season Index

- The Altcoin Season Index has risen from 12 to 53 in the past month, indicating increased interest in altcoins.

3. Performance of Leading Altcoins

- Ethereum (ETH) has risen by 21%, and XRP has surged by 23% in the last two weeks.

4. Increase in Altcoin Market Capitalization

- The OTHERS Index, which includes altcoins outside the top 10 and stablecoins, has grown by 35% in two weeks, adding $85 billion to the market capitalization.

5. Decline in USDT Dominance (USDT.D)

- The decline in USDT.D indicates that investors are shifting funds from stablecoins to altcoins, signaling a flow of liquidity into the altcoin market.

🕒 When Does Altcoin Season Start? Analysts project that the full altcoin season is likely to occur between September and December 2025, alongside a decrease in Bitcoin dominance below 60% and supportive macroeconomic conditions.