The focus in the cryptocurrency market is shifting. While Bitcoin 
$108,458 maintains a significant market dominance, the increase in trading volume of altcoins is noteworthy. The growing interest in stablecoins and the influx of investors into altcoins indicate a change in market dynamics. Experts highlight strong signals suggesting the onset of an altcoin season.
Record Trading Volume in Altcoins
Despite Bitcoin’s market share hovering around 60%, altcoin trading volumes have recently surpassed Bitcoin’s by 2.7 times. This surge indicates a shift in investor interest. Traditionally, Bitcoin’s market dominance has been a key determinant, but metrics like trading volume are becoming increasingly important in understanding the altcoin season.
Market analysts note that the increase in trading volume is generating significant activity in the altcoin market. Particularly, Ethereum 
$2,533’s performance relative to Bitcoin has emerged as a key indicator that signals the beginning of an altcoin season. Investors have started closely monitoring market movements alongside the rising volume.
Experts Highlight the Emergence of Altcoin Season
Cryptocurrency experts assert that historical data points to the commencement of an altcoin season. Analyst Merlijn The Trader considers February a critical period for altcoins. Market analyst Max Brown shares a similar perspective, noting that there has been an uptick in momentum within the altcoin market since February.
Ki Young Ju, CEO of CryptoQuant, emphasizes that Bitcoin dominance is no longer the sole determinant of the altcoin season. New indicators, such as trading volume and stablecoin movements, are becoming more decisive in the rise of altcoins. Consequently, investors are diversifying their focus beyond Bitcoin, exploring various alternatives.
Given the current market conditions, altcoins are expected to attract more attention moving forward. Experts advise investors to analyze market data carefully and seize opportunities.
