Altcoin Season Dynamics Have Changed: Now Those Who Adapt to These Will Win! - Coin Bulletin

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Experts pointed out that the altcoin market will now be shaped not by profits from Bitcoin, but by stablecoin liquidity and new capital inflows.

CryptoQuant CEO and market analyst Ki Young Ju stated that, compared to the market value of Bitcoin, Bitcoin has doubled its value since 2021, but altcoins have not been able to achieve the same momentum in the overall market performance.

Ju said, "Only a few altcoin projects with strong use cases and solid narratives will survive."

The total market value of altcoins, excluding Bitcoin and Ethereum, is approximately 943 billion dollars. According to Total3 data, the altcoin sector reached its peak at 1.1 trillion dollars in the historical rally during the period of November-December 2024, but these levels quickly retraced.

Changing Dynamics in Altcoin Season

Ki Young Ju pointed out that this market cycle will be different from previous cycles, stating that the altcoin season is no longer triggered by profits from Bitcoin being transferred to altcoins.

According to Ju, the altcoin season in this cycle will be more dependent on stablecoin liquidity and the increase in stablecoin trading pairs.

The increase in stablecoin trading pairs reflects new capital inflows into the altcoin market and a real demand increase, representing independent growth rather than capital rotations as in previous periods.

Capital flows into Bitcoin and Ethereum-focused exchange-traded funds (ETFs) are signaling a fundamental shift compared to previous cycles. Ju predicted that ETF investors will struggle to allocate their capital to altcoins with smaller market value than Bitcoin or Ethereum.

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