According to analytics firm Alphractal, the altcoin market is currently attempting a stealth mission to escape Bitcoin's gravitational pull. The Altcoin Season Index is trending upward, revealing that over the last 60 days, an increasing number of alts have actually left BTC in the dust. This suggests a gradual, albeit hesitant, shift in momentum is trying to take shape.
Projects currently hogging the spotlight include CHZ, PEPE, ORDI, BAT, RENDER, STX, SUI, ETH, BNB, SOL, XTZ, TRX, FET, AAVE, and LINK. These assets have been outperforming the broader market recently, acting like the class clowns who somehow aced the test while Bitcoin was busy being the teacher's pet.
However, don't start planning your retirement yacht party just yet. CoinMarketCap's data puts the index at 28/100. While this is up from yesterday's 31 (and significantly higher than last week's 23 and last month's 21), the market is still firmly in a Bitcoin-dominated phase. The threshold for a full altcoin season hasn't been crossed, but the first signals of a change in direction are appearing, like a single green sprout poking through the concrete.
*This is not investment advice. (We are not financial advisors, just degen translators).
