Altcoin Season in September? What This Month’s Report Reveals

Cryptonews
Cryptonews
ETH-1.33%
BTC+1.73%
SOL+1.58%
XRP+1.84%
JUP+1.04%
RAY-0.05%
LDO-0.01%
AAVE+0.93%
ONDO+3.72%

Key Takeaways:

  • Bitcoin dominance has dropped below 60%, sparking speculation that an altcoin season could begin if it moves toward the 50% threshold.
  • Experts point to Ethereum and Solana as ecosystems best positioned to benefit from capital rotation, thanks to strong network activity and institutional interest.
  • Solana ecosystem tokens like Marinade and Raydium surged in August, while Ethereum projects such as Ethena saw triple-digit growth before a correction.
  • While momentum is building, analysts warn there’s no guarantee of an altcoin season just because it’s happened in previous cycles. Market conditions and Bitcoin’s movement remain key variables.

After a strong rally in July and parts of August, the altcoin market is now in wait-and-see mode. Despite a recent pullback, Ethereum (ETH) continues...

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