Altcoin trading volume on Binance has surged to 78%, indicating a potential altcoin bull market in 2025, according to a crypto analyst. CryptoQuant contributor Burakkesmeci noted that retail interest is increasing, suggesting a stronger momentum for altcoins in the near future. Binance’s altcoin trading volume by pairs reached 77.83% in January 2025, marking an 11% increase in five months, which Burakkesmeci interprets as a reinforcement of confidence in a bullish altcoin market for the year.
Despite this, CoinMarketCap’s Altcoin Season Index reveals a score of 46 out of 100, suggesting a leaning toward “Bitcoin Season.” The index dropped 18 points since December 9, indicating Bitcoin’s growing dominance, which currently stands at 57.74%, a rise of 2.41% over 30 days, according to TradingView data.
Meanwhile, pseudonymous trader Mister Crypto predicted an upcoming surge in Ether, expecting its price to rise from $4,000 to $8,000. As Ether currently trades at $3,279, traders view its potential price increase as a catalyst for altcoin market growth.
Hunter Horsley, CEO of Bitwise Invest, expressed enthusiasm for Bitcoin and crypto advancements in 2025. However, market analyst Ki Young Ju of CryptoQuant cautioned that this altcoin season might differ from past cycles. Ju highlighted that only altcoin projects with strong use cases and narratives would endure as the market cap dynamics shift away from Bitcoin-triggered rotations.