Waiting for altcoin season? Data suggests it’s already here

">">Few things in crypto are as elusive and misunderstood as the concept of an “altcoin season.” Traditionally, this term referred to a brief window — usually 2–3 months — following a Bitcoin (BTC) price rally, where altcoins outperform BTC in cumulative returns. That pattern held in the 2015–2018 and 2019–2022 cycles, but the verdict is not yet in on whether the current bull market has had its altcoin season. The https://www.blockchaincenter.net/en/altcoin-season-index/

sharply this cycle. Real-world asset (RWA) tokens surged 15x. GameFi, by contrast, lost half its market cap. This shows that narratives play a growing role in driving investors’ capital allocation decisions.Crypto categories market cap. Source: CoinGeckoEven core blockchain tokens have started to specialize. Ethereum remains the hub for DeFi. Solana dominates memecoins. Tron now holds second place in stablecoin transfers. ImmutableX is carving out its territory in the gaming space. In each case, token performance is increasingly tied to ecosystem activity. This means that we might want to abandon the term “altseason” and start to pay more attention to specific narratives within the crypto space.Altcoins aren’t moving as a pack anymore, and that might be the biggest signal of how the crypto market is maturing.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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