Here’s 4 Reasons Why Altcoin Season Will Still Happen

Technology

Here’s 4 Reasons Why Altcoin Season Will Still Happen – Crypto News

Published

4 months ago

February 16, 2025

Dripp

After a severe market downturn, the crypto space is finally showing signs of recovery, with altcoins outperforming Bitcoin. While Bitcoin’s dominance dips, analysts predict an incoming altcoin season, hailing it an “altseason.” Despite fluctuations, top altcoins like Ethereum (ETH), XRP, Solana (SOL), and Binance Coin (BNB) regain traction, marking significant gains.

Altcoin Season Alert: Signs of a Market Shift

As the crypto market gears up for a significant shift, analysts and experts hint at the potential arrival of an altseason, or an altcoin season. According to analyst Ted, the altcoin surge in 2024 was merely a warm-up for what’s to come. Adding to the point, he forecasts a record-breaking altseason in 2025 that is expected to make history.

Notably, in an X post, Ted highlights key drivers of the altseason. They include potential developments including multiple altcoin ETF approvals, Ethereum’s upgrade, Ethereum ETF’s staking feature etc.

Reinforcing Ted’s prediction, analyst CryptoGoos asserted that altcoins would explode, driven by a combination of factors. He explained his analysis through past patterns, in which altcoins saw major uptrends in 2017 and 2021, paving the way for a potential major altseason in 2025. In another X thread, CryptoGoos wrote, “Altcoins will pump.”

Similarly, emphasizing the historical trend of major altcoin seasons occurring in the month of February, analyst Shib Spain forecasted a recurrence. The analyst suggested that the current market conditions are ripe for a repeat of past altcoin rallies that have typically taken place during this time of year. Corroborating this idea, Max Brown also stated, “Altseason starts in February.”

Altcoin ETF Approvals Ahead

Asset managers have taken the initiative to launch multiple altcoin ETFs, pending regulatory approval. The proposed ETFs are set to track a diverse range of altcoins, including XRP, Solana, Litecoin, Dogecoin, and Cardano.

As the Securities and Exchange Commission (SEC) has recently acknowledged Grayscale’s 19b-4 filings to list XRP and Dogecoin ETFs, the odds are high for an altcoin ETF in 2025. According to Bloomberg analysts Eric Balchunas and James Seyffart, the Litecoin ETF has a 90% chance of receiving regulatory approval, making it the most likely to gain approval among the altcoin ETFs. Meanwhile, the Dogecoin, Solana, and XRP ETFs also have significant approval chances, with 75%, 70%, and 65% probabilities, respectively.

Notably, the Trump administration has a more favorable stance towards crypto ETF approvals, with a higher probability of approval compared to the previous government. This positive sentiment has sparked expectations of an altcoin season in the near future.

Upcoming Altcoin Season: What To Know More

Recently, the Ethereum blockchain released a roadmap for its Pectra upgrade. The activation is planned to occur on February 24 on the Holesky testnet, followed by March 5 on Sepolia, with a mainnet release targeted for April 8.

Meanwhile, the New York Stock Exchange (NYSE) has proposed to introduce staking in spot Ethereum ETFs on behalf of Grayscale, seeking approval from the SEC.

These developments have further fueled the hype surrounding an impending altcoin season, with Ethereum, as the leading altcoin, playing a pivotal role in driving these expectations.

Top Altcoins Stay Strong

Both historical trends and current market sentiment highlight the possibility of an upcoming altcoin season. Top altcoins show bullish signals ahead with the overall market gearing up for a significant resurgence.

As of press time, Ethereum is priced at $2,690, up by 2.06% in a week. Meanwhile, XRP has exhibited a massive growth of 12% over the last seven days. Despite Solana’s marginal decline, BNB surged by more than 5% over the past week.