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Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Jul 07, 2025 07:13 UTC
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Altcoin Season Loading? Analyst Michael van de Poppe Predicts 76% Surge in Coming Months
Altcoin market cap sits at $1.16T, down 23.63% from its peak; consolidation hints at a potential breakout, says Michael van de Poppe.
With the Altcoin Season Index at 29, Bitcoin dominates—yet analysts see historical signs pointing to a major altcoin rally soon.
The total altcoin market cap currently stands at $1.16 trillion, reflecting a decline of 23.63% from this year’s peak. Meanwhile, the Altcoin Season Index sits at just 29, signaling that Bitcoin continues to dominate the market.
Yet, according to top crypto analyst Michael van de Poppe, altcoins may be on the verge of a major breakout.
Altcoin Market Overview
At the start of 2025, the altcoin market cap was around $1.34 trillion. It reached a peak of $1.51 trillion on January 17, before declining 42.12% by April 8. Despite recovering by 43.6% between April 9 and May 13, the market hasn’t fully bounced back.
Since May 8, the market has moved sideways, ranging between $1.01 trillion and $1.26 trillion, indicating consolidation and potential buildup for the next move.
What Does the Altcoin Season Index Say?
The Altcoin Season Index helps identify whether it’s currently Altcoin season or Bitcoin season. According to the index:
- Altcoin season = 75% of top 100 coins outperform Bitcoin in the last 90 days
- Bitcoin season = 25% or fewer coins outperform Bitcoin
Currently, only 29 coins out of the top 100 have outperformed Bitcoin over the last 30 days. That confirms we’re in a Bitcoin season, not altcoin season—yet.
Bitcoin has surged 36.65% in the last 30 days, dominating the market. Some top-performing altcoins in the same timeframe include:
- SYRUP: +451.69%
- PENGU: +268.71%
- HYPE: +233.70%
- VIRTUAL: +230.65%
- SPX: +193.91%
- WIF: +154.32%
- AAVE: +115.40%
Michael van de Poppe: Alt Season May Be Closer Than You Think
In a recent post on X, Michael van de Poppe pointed out that the Altcoin Season Index typically bottoms out in June, historically signaling the start of strong altcoin performance in the second half of the year
“We’re still in the middle of the crypto bull market, and with Quantitative Easing expected to ease, the macro environment looks favorable for altcoins to rally again,” Poppe explained.
Can This Alt Season Outperform Q4 2023?
Poppe also compared the current setup with the Q4 2023 altcoin rally. Back then, the market cap rose from $120.7 billion to $213.43 billion, marking a 76.85% increase.
If history repeats, Poppe suggests we could witness another 76% or higher surge in the upcoming altcoin season.
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FAQs
Altcoin Season, or Altseason, is a period when cryptocurrencies other than Bitcoin (altcoins) significantly outperform Bitcoin in price growth. This typically occurs as capital rotates from a consolidating Bitcoin into altcoins, leading to rapid and substantial gains across a wide range of alternative cryptocurrencies.
The Altcoin Season Index is a metric that determines if it’s “Altcoin Season” or “Bitcoin Season” by comparing the performance of the top 100 altcoins against Bitcoin over the last 90 days. A score above 75 indicates Altcoin Season, while a score below 25 (currently around 27) signals Bitcoin Season, meaning Bitcoin is dominating the market.
As of July 7, 2025, the crypto market is showing mixed to slightly positive movements. Bitcoin is trading around $109,000, with slight gains. The total crypto market capitalization is growing, with a slight increase over the last week, though altcoin performance is mixed, with some gaining and others declining.
Altcoins showing strong recent activity include Dogecoin, Solana, XRP, and TRON. Broader trends indicate that meme coins (such as SYRUP, PENGU, HYPE, and WIF) and specific Layer 1s (such as AAVE, VIRTUAL, and SPX) have also seen significant gains over the past 30 days.
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