Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Altcoin Season Is Round the Corner: Santiment

Altcoin Season Is Round the Corner: Santiment

CoinspeakerCoinspeaker2025/04/28 16:00
By:By Parth Dubey Editor Julia Sakovich

Traders are signaling the possible start of an altcoin rally, fueled by capital inflows into smaller-cap cryptocurrencies.

Key Notes

  • Santiment revealed that altcoins outpaced Bitcoin’s gains last week.
  • Social media mentions of “altcoins” and “altseason” are also surging.
  • Analyst sees strong parallels to past bull cycles, expecting a potential 10x altcoin rally ahead.

Last week, when the entire crypto market surged over 10%, altcoins outperformed Bitcoin BTC $95 336 24h volatility: 1.5% Market cap: $1.89 T Vol. 24h: $23.25 B and drew the attention of traders.

According to a recent report from market intelligence firm Santiment, while Bitcoin posted a respectable 7.6% weekly gain, the broader market’s outperformance indicates a surge of capital flowing into lower market cap coins.

🥳 Traders are proclaiming that altseason is here (or around the corner). With last week's Bitcoin surge rapidly seeing profit redistribution into more speculative assets, we take a look at the $TRUMP promotion and retail's renewed meme coin excitement. 👇 https://t.co/75TTa9PmuF pic.twitter.com/GMBQgfVcuO

— Santiment (@santimentfeed) April 29, 2025

Santiment stated that traders could see an altcoin season in the near future, citing increasing social media buzz. Notably, terms like “altcoins” and “altseason” have recently spiked in mentions across platforms.

Popular crypto trader Merlijn shared that the early-2025 shakeout in the altcoin market appears to be over. He compared the current market to the early-stage patterns seen in 2016 and 2020, suggesting that traders could see a similar 10x rally.

Altcoin shakeout: complete.

Structure: identical to 2016 and 2020

Result back then? A 10x explosion.

It’s happening again. Buckle up. pic.twitter.com/LGqlDDOWTw

— Merlijn The Trader (@MerlijnTrader) April 28, 2025

Altcoin Price Action Heats Up

Over the past week, major altcoins such as Cardano ADA $0.71 24h volatility: 3.0% Market cap: $25.75 B Vol. 24h: $745.46 M , XRP XRP $2.30 24h volatility: 0.8% Market cap: $134.51 B Vol. 24h: $2.56 B , and Dogecoin DOGE $0.18 24h volatility: 2.1% Market cap: $26.80 B Vol. 24h: $991.12 M have posted healthy gains of around 10%.

Meanwhile, the Crypto Fear & Greed Index has moved back into the “Greed” zone after weeks of macroeconomic uncertainties, which is another signal that investors are gearing up for renewed bullish action.

This comes amid growing political support under Trump’s administration and increasing altcoin-based exchange-traded fund (ETF) filings by asset management giants.

As per the data by TradingView, the crypto total market cap, excluding BTC, shows a steady uptrend, with the value recently reclaiming the $1.05T mark.

Altcoin Season Is Round the Corner: Santiment image 0

Crypto total market cap excluding BTC | Source: TradingView

The Fibonacci retracement from the previous high to the recent low suggests strong resistance around the 0.5 level at $851B, which has now been convincingly broken. RSI sits at 62, indicating growing bullish momentum without being overbought.

Meanwhile, the MACD shows a bullish crossover with widening divergence, suggesting further upside potential. If the current trend holds, the market could target the $1.2T zone next.

Here’s my Big Altcoin Bull Run Portfolio:

♦️Major Altcoins 👇👇

▪️ $SUI – #SUI 👉: 75 $
▪️ $APT – #APT 👉: 125 $
▪️ $LINK – #LINK 👉: 250 $
▪️ $HBAR – #HBAR 👉: 75 $
▪️ $DOT – #DOT 👉: 80 $
▪️ $NEAR – #NEAR 👉: 75 $
▪️ $ICP – #ICP 👉: 100 $
▪️ $ONDO – #ONDO …

— @CryptoELlTES (@CryptooELITES) April 28, 2025

Analyst group Crypto Elites has shared bullish price targets for several top altcoins on X. It projected that Sui SUI $3.59 24h volatility: 0.8% Market cap: $11.69 B Vol. 24h: $1.55 B could surge to $75, Aptos [NC] might reach $125, and Chainlink LINK $14.95 24h volatility: 2.4% Market cap: $9.82 B Vol. 24h: $352.64 M could rise to $250.

next

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Tether’s U.S. Treasury holding approaches record high of $120B

Share link:In this post: Today, Tether published its Q1 2025 attestation report prepared by BDO, confirming total exposure in U.S. Treasuries approaching $120B. Tether also reported over $1B in operating profit from traditional investments during the quarter, driven by solid performance in its U.S. Treasury portfolio. The milestones reinforced the company’s conservative reserve management strategy and highlighted its growing role in distributing dollar-backed liquidity at scale.

Cryptopolitan2025/05/02 05:56

Automakers like Ford in solid April sales driven by panic buying amid tariff worries

Share link:In this post: Consumers rushed to buy vehicles on fears of potential price hikes due to the Trump tariffs. While there was strong demand which started in March, this started to wane towards the end of April. For Ford, it reported a 16% sales increase in April.

Cryptopolitan2025/05/02 05:56

Arbitrum offers as much as $100k per report to snitch on wasteful DAOs

Share link:In this post: Arbitrum is offering up to $100,000 in ARB tokens to community members who report DAO grant misuse. The “Watchdog” program encourages confidential whistleblowing via the open-source platform, GlobaLeaks. Severity of violations determines the reward, with a funding cap of 400,000 ARB.

Cryptopolitan2025/05/02 05:56
Arbitrum offers as much as $100k per report to snitch on wasteful DAOs

Meta, Microsoft earnings beat send stocks higher

Big Tech pulled US indexes back into the green Thursday, as investors waited for two more Mag 7 first-quarter reports after the bell

Blockworks2025/05/02 05:00