The crypto money market began to give recovery signals after harsh decreases. Bitcoin’s market domination decreases, while Altcoins exhibit a strong rise and leave Bitcoin behind. Ethereum (ETH), XRP, Solana (Left) and Binance Coin (BNB), such as leading subcoins, significant gains, while analysts indicate that a new “Altcoin season” is at the door.
Altcoin season symptoms are strengthened
Crypto money analysts say that a major change in the market is approaching. According to Analyst TED, the rise of Altcoin in 2024 was only a preliminary preparation and says the real major movement will take place in 2025. TED claims that a Altcoin season will be approaching history. Cryptogoos, another analyst who supports TED’s prediction, says that a major subcoin burst will be experienced by reference to past market movements. Reminding the powerful Altcoin rally seen in 2017 and 2021, Cryptogoos states that a similar trend will be repeated in 2025. However, the analyst Shib Spain reminds that February is a period of great Altcoin seasons in the past, suggesting that the market can maintain this tradition. Max Brown supports this view and said, “The Altcoin season begins in February”.
4 important factors to trigger the Altcoin season
- Altcoin ETF approvals
Many investment management companies have applied to launch their ETFs. The approval process of these ETFs, including popular Altcoins such as XRP, Solana, Litecoin, Dogecoin and Cardano, continues. The US Securities and Stock Exchange Commission (SEC), Grayscale’s XRP and Dogecoin ETF applications are increasing the likelihood of the release of ALTCoin ETFs in 2025. According to Bloomberg analysts, the chance of approval of Litecoin ETF is 90 %, while the probability of Dogecoin, Solana and XRP ETFs is considered 75 %, 70 %and 65 %, respectively. Particularly considering that the current US administration approaches crypto ETFs more positively, the possibility of a subcoin season in 2025 is getting stronger.
- Ethereum Update (Pectra)
The Ethereum team announced the roadmap for Pectra update. The update is planned to be activated on February 24 at Holesky Testnet and on March 5 in Sepolia Testnet. The main network update is expected to take place on April 8th. - Stinging feature in Ethereum ETFs
The New York Stock Exchange (NYSE) suggested that the stinging feature in Spot Ethereum ETFs on behalf of Grayscale. This development, which is subject to SEC approval, may fires the wick of the Altcoin season by increasing the effect of Ethereum on the market. - Signals of recovery in the market
The latest market movements show that Altcoins remain strong. Ethereum increased by 2.06 %in the last week to $ 2,690, while XRP experienced a 12 %leap. Although Solana suffered a small decline, Binance Coin (BNB) has increased by more than 5 %.
