Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

BTC Withdrawal Cost Basis Signals Market Optimism

May 21, 2025

SEC Chair Outlines Key Priority to Develop Rational Crypto Framework

May 21, 2025

SEC charges Unicoin and executives for alleged $100 million fraud

May 21, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    BTC Withdrawal Cost Basis Signals Market Optimism

    May 21, 2025

    SEC Chair Outlines Key Priority to Develop Rational Crypto Framework

    May 21, 2025

    SEC charges Unicoin and executives for alleged $100 million fraud

    May 21, 2025

    Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

    May 21, 2025

    Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

    May 21, 2025

    Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

    May 20, 2025

    Robinhood Presses SEC for Clarity on Tokenizing RWAs in Bid for On-Chain Stock Trading: Report

    May 20, 2025

    Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

    May 20, 2025

    Ethereum price gained 90% the last time this indicator turned bullish

    May 20, 2025

    Whale Holding $2,190,000,000 in Bitcoin Withdraws More BTC From Binance in Accumulation Spree: Lookonchain

    May 20, 2025

    Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

    May 19, 2025

    Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

    May 19, 2025

    Quantum Biopharma adds to crypto holdings

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025

    Community sales are the future of crypto fundraising

    May 19, 2025

    Trader Predicts Ethereum Rally to All-Time Highs, Expects Bullish Continuation for Chainlink and One Solana Rival

    May 19, 2025

    BTC Withdrawal Cost Basis Signals Market Optimism

    May 21, 2025

    SEC Chair Outlines Key Priority to Develop Rational Crypto Framework

    May 21, 2025

    SEC charges Unicoin and executives for alleged $100 million fraud

    May 21, 2025

    Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

    May 21, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    SHOCKING Things Happening w/ Bitcoin Behind the Scenes (DON'T MISS)

    May 20, 2025

    Ripple vs. Coinbase: Circle Bidding War! Who Wins & Why It Matters?

    May 20, 2025

    Microstrategy SUED For LYING About Bitcoin

    May 20, 2025

    Crypto Is Making People Targets—And You Might Be Next

    May 20, 2025

    $110,000 BITCOIN By Friday?! This Chart Says GO! (XRP BUYING CIRCLE?)

    May 20, 2025
ApeWatcher News
Home » Altcoins are set for one last big rally, but just a few will benefit — Analyst
Altcoins are set for one last big rally, but just a few will benefit — Analyst
Altcoin

Altcoins are set for one last big rally, but just a few will benefit — Analyst

Coin TelegraphBy Coin TelegraphApril 4, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Altcoins may have just one last rally this cycle, but only those with real utility and strong network activity will see price gains, according to an analyst. 

“I think there will be one more breadth thrust from altcoins. The question is, is it a sustained rally that we will see for six to twelve months,” Real Vision chief crypto analyst Jamie Coutts told Real Vision co-founder Raoul Pal on an April 3 X livestream.

Network activity will be the ‘north star’ for how to trade crypto

“At this stage, I am not too sure, but I do believe that quality altcoins where activity returns, activity drives prices …we will definitely see a recovery in some of these more high-quality names,” Coutts said.

Cointelegraph reported in January that there were over 36 million altcoins in existence. However, Ethereum still holds the majority share of total value locked (TVL) with 55.56%, followed by Solana (6.89%), Bitcoin (5.77%), BNB Smart Chain (5.68%), and Tron (5.54%), according to CoinGecko data.

Coutts said traders should watch where the network activity “is gravitating” and use that as their “north star” for how to trade in crypto, adding he sees an altcoin market upswing within the next two months. 

“I’m expecting by June to see altcoins really start to pick up again. Predicated on the fact that Bitcoin is back at all-time highs by that point.”

On March 28, Coutts told Cointelegraph that Bitcoin could reach all-time highs before the end of Q2 regardless of whether there is more clarity on US President Donald Trump’s tariffs and potential recession concerns.

The total crypto market cap is down around 8% over the past 30 days. Source: CoinMarketCap

Blockchain network activity across the board has recently experienced sharp declines amid a broader crypto market downturn. On Feb. 21, Cointelegraph reported that the number of active addresses on the Solana (SOL) network fell to a weekly average of 9.5 million in February, down nearly 40% from the 15.6 million active addresses in November 2024.

Altcoin indicators are flashing red

Meanwhile, several key indicators the crypto industry uses to determine an incoming altcoin season suggest it’s still nowhere in sight.

Capriole Investments’ Altcoin Speculation Index has dropped to 12%, down 53% since Dec. 25, the same period during which Ether fell 49% from $3,490, according to CoinMarketCap data.

Related: When will altseason arrive? Experts reveal what’s holding back altcoins

CoinMarketCap’s Altcoin Season Index, which measures the top 100 cryptocurrencies against Bitcoin’s performance over the past 90 days, is reading a score of 14 out of 100, leaning toward a more Bitcoin-dominated market, referring to it as “Bitcoin Season.”

Cryptocurrencies, Markets

The Altcoin Season Index Chart is sitting at 14 at the time of publication. Source: CoinMarketCap

However, while Bitcoin dominance — a level often watched for retracements that signal an altcoin season — sits at 62.84%, some analysts argue it’s no longer as relevant as a signal for altcoin season.

CryptoQuant CEO Ki Young Yu recently said that Bitcoin Dominance “no longer defines altseason — trading volume does.”

Magazine: New ‘MemeStrategy’ Bitcoin firm by 9GAG, jailed CEO’s $3.5M bonus: Asia Express

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.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Quantum Biopharma adds to crypto holdings

May 19, 2025

Crypto.com, Canary launch CRO fund in US

May 19, 2025

Community sales are the future of crypto fundraising

May 19, 2025

Trader Predicts Ethereum Rally to All-Time Highs, Expects Bullish Continuation for Chainlink and One Solana Rival

May 19, 2025

XRP price risks falling to $2 after classic bearish chart pattern confirms

May 19, 2025

Tether surpasses Germany’s $111B of US Treasury holdings

May 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

BTC Withdrawal Cost Basis Signals Market Optimism

May 21, 2025

SEC Chair Outlines Key Priority to Develop Rational Crypto Framework

May 21, 2025

SEC charges Unicoin and executives for alleged $100 million fraud

May 21, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.