Altcoins have struggled to keep up in the current market cycle, even as Bitcoin (BTC) Price repeatedly hits new all-time highs. This has been reflected in Bitcoin’s rising dominance, highlighting its outperformance over most altcoins.
However, with BTC now consolidating just below $111,000 after a strong week, traders are starting to rotate into major altcoins like XRP, Solana (SOL), and Cardano (ADA), sparking bullish sentiment for a potential altcoin season.
Are we in yet? Let’s find out!
Bitcoin’s recent surge, powered by institutional interest and regulatory clarity, is starting to lose steam as traders book profits. This has opened the door for high-cap altcoins to shine. Solana and ADA rose up to 4% in the last 24 hours, while XRP gained modestly by under 1.5%. Ether and BNB also ticked higher.
According to Ryan Lee, Chief Analyst at Bitget Research, we could be on the verge of a broader altcoin rally if Bitcoin’s dominance dips. He believes XRP and Solana are in prime position to lead this move. Lee points to XRP’s improving legal standing and a bullish chart pattern known as a golden cross, which could drive the token toward the $3 to $8 range.
The optimism comes on the back of last month’s SEC decision to halt appeals against Ripple. With regulatory clouds clearing, XRP has broken out of a long-running sideways trend. Meanwhile, SOL is seeing momentum from speculation around a potential ETF and could head toward $220–$300, according to Lee.
QCP Capital added that Bitcoin’s current rally feels more stable than previous ones, driven by strong fundamentals and lower speculation. However, they caution that macro factors like rising U.S. bond yields, renewed trade tensions, and a stronger dollar could still create bumps in the road, especially for altcoins.
FxPro analyst Alex Kuptsikevich noted that Bitcoin’s sentiment index is close to “extreme greed,” hinting that despite the pause, more upside may lie ahead. For now, the altcoin spotlight is bright, and XRP may be leading the way.
Experts highlight XRP and Solana as top contenders for major 2025 gains, citing strong fundamentals, ETF momentum, and legal clarity.
When Bitcoin dominance stalls or dips, it often signals a rotation into altcoins, potentially marking the start of an altcoin season.
Yes, macro factors like rising U.S. bond yields, trade tensions, and a stronger dollar could still create headwinds for altcoins. Sources
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