Altseason readings hit year-high as altcoin traders grow bullish

The altseason index has climbed to its strongest level since December, with multiple tracking systems confirming that altcoins are gaining ground against Bitcoin at an accelerating pace. Both Blockchain Center and CoinGlass reported readings of 76 out of 100, while CoinMarketCap’s gauge came in slightly lower at 67—all representing the highest levels witnessed throughout 2024.

What triggers the altcoin season index spike?

The altseason index typically activates when 75% of the top 50 cryptocurrencies demonstrate superior performance compared to Bitcoin over a 90-day window. This metric serves as a barometer for broader market risk appetite, signaling when capital rotates away from the flagship crypto into alternative assets.

Currently, total altcoin market capitalization excluding Bitcoin and stablecoins stands at $1.63 trillion, hovering near previous cycle highs. The market peaked at $1.64 trillion in November 2024, and even higher at $1.7 trillion during the 2021 bull run. This proximity to all-time highs suggests meaningful upside potential remains.

Market participants weigh in on next phase

Crypto analyst Daan Crypto Trades highlighted that once altcoin valuations enter full price discovery mode, broader market excitement should follow. “That influx of fresh liquidity will help attract new participants to the space,” the trader noted this week.

Karan Singh Arora observed that with the altseason index at nine-month highs, traders are repositioning toward riskier assets. “The strongest reading in nine months is shifting sentiment decisively toward risk-on positioning,” Arora commented, reflecting growing confidence in alternative token performance.

Ash Crypto went further, predicting that altcoins could enter a parabolic phase as the altseason cycle unfolds.

Top performers this cycle

Leading gainers over the most recent 24-hour period include:

• Dogecoin (DOGE): Up 2.48% to $0.13
• Avalanche (AVAX): Surged 1.53% to $11.92
• Stellar (XLM): Advanced 3.21%
• Hyperliquid (HYPE): Shifted -0.12%
• Litecoin (LTC): Climbed 0.65%
• The Open Network (TON): Down 0.75%

The broad strength across these names reflects the rotating demand patterns consistent with an active altseason phase.