Is altcoin season coming? In the crypto market, “altcoin season” refers to a period when alternative cryptocurrencies (altcoins) outperform Bitcoin in terms of price gains and trading volume. This shift is often marked by a decline in Bitcoin dominance and a surge in capital flowing into non-Bitcoin assets. For traders and investors, recognizing the onset of altcoin season can help optimize portfolio strategies and identify new opportunities.
As of November 10, 2025, recent reports indicate notable changes in market dynamics. According to CoinShares, Solana (SOL) led institutional inflows with $118 million, followed by XRP with $28.2 million. Meanwhile, Bitcoin and Ethereum experienced outflows, suggesting a subtle rotation of capital toward other altcoins. The launch of U.S. Spot SOL ETFs, featuring staking, has been a significant catalyst for this trend. Additionally, upcoming XRP ETFs are expected to further boost institutional interest in altcoins.
Market data from TradingView shows that Cardano (ADA) led the rebound among top crypto assets with a 9% rally, while XRP and Ethereum posted gains of 8% and 5%, respectively. The Altcoin Season Index, a metric tracking the relative performance of altcoins, hit a momentum score of 100, signaling strong market sentiment in favor of altcoins. However, it’s important to note that many altcoins are still recovering from losses incurred in October.
Bitcoin dominance—the percentage of total crypto market capitalization held by Bitcoin—serves as a key indicator for altcoin season. After eight consecutive weeks of growth, Bitcoin dominance recently printed its first red weekly candle, dropping from 60% to 59%. This decline suggests that investors are reallocating funds from Bitcoin into altcoins, a pattern historically associated with the start of altcoin season.
Analysts emphasize that if Bitcoin dominance continues to fall, especially below key support levels, the altcoin sector could see significant upward momentum. This is particularly true for mid-cap and high-utility tokens, which tend to rally when Bitcoin stabilizes or declines. However, the sustainability of this trend depends on broader market sentiment and macroeconomic factors.
On-chain data from CryptoQuant reveals a recent spike in the Altcoin Exchange Inflow Transaction Count, indicating increased selling pressure as more altcoins are moved to exchanges for potential offloading. While such activity is typical during market recoveries, it also highlights the importance of monitoring exchange flows and investor sentiment.
At the same time, the share of stablecoins like USDT remains high. A continued decline in both Bitcoin and USDT dominance could signal increased buying power as traders exchange stablecoins for altcoins. The expected end to the U.S. government shutdown and the reopening of ETF markets may also provide additional catalysts for altcoin growth, particularly for assets like XRP.
It’s crucial to recognize that a drop in Bitcoin dominance does not guarantee an immediate or sustained altcoin rally. Market sentiment, regulatory developments, and macroeconomic conditions all play significant roles in shaping capital flows. Additionally, while some altcoins have rebounded strongly, others remain below their previous highs, and selling pressure can quickly reverse short-term gains.
For new and experienced traders alike, staying informed about market indicators and using reliable platforms like Bitget for spot and derivatives trading can help manage risks and seize opportunities during periods of heightened volatility.
Looking ahead, several factors could influence whether altcoin season continues:
Bitget offers advanced analytics and secure trading solutions to help users navigate these evolving trends. Whether you’re a beginner or a seasoned trader, leveraging Bitget’s tools can enhance your decision-making during potential altcoin seasons.
Is altcoin season coming? The latest data points to a possible shift, but the market remains dynamic and influenced by multiple factors. To stay ahead, monitor key indicators such as Bitcoin dominance, institutional inflows, and on-chain activity. For the most up-to-date insights and a secure trading experience, explore Bitget’s comprehensive platform and consider using Bitget Wallet for managing your digital assets safely.
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