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Cryptoquant founder and CEO Ki Young Ju has revealed that the altcoin season has kicked off. Many stablecoin holders appear to be favoring altcoins, and their volume has also reached 2.7x that of Bitcoin.

Ki Young Ju argued that BTC dominance no longer defined altcoins, but season trading volume did. He also pointed out that there was no BTC-to-altcoin rotation, and Bitcoin was no longer a quote currency. 

Altcoins volume outperforms Bitcoin by 2.7x

🚨 Altcoin volume is 2.7 times higher than BTC right now.

🚀 Time to launch?

CryptoQuant CEO Ki Young Ju said the altseason has begun: ‘BTC Dominance no longer defines alt season—trading volume does.’

Is #ALTSEASON really coming for $SOL, $ETH, $SUI & co? 👇 pic.twitter.com/KWOGoky2qZ

— Cryptorsy Ventures (@cryptorsyio) February 21, 2025

Young suggested that the volume ratio of 2.7x BTC for altcoins indicated heightened liquidity and volatility. He also claimed that Bitcoin was drifting away from the crypto ecosystem to its own Layer 2 ecosystem.

Young highlighted that Bitcoin had built its own paper-based Layer 2 ecosystem through ETFs, MSTR, funds, and more. He also argued that it was impossible to bridge Bitcoin to other altcoins in its paper-based L2.

According to the Cryptoquant’s CEO, altcoins used to move together based on their correlation with BTC, but the pattern had broken. He noted that only a few were starting to show independent trends as they attracted new liquidity.

Young believes that altcoins had the option of creating paper-wrapped versions like Bitcoin. Altcoins also had the option to build a real internet money ecosystem using stablecoins or BTC. He urged investors to look for a digital asset that could do one of the two and hold it long-term.

“Only a few coins are pumping this alt season. With no fresh liquidity, it feels like a PvP fight over a fixed pie. Trading volume shows the battles are getting fierce.”

– Ki Young Ju, CEO and Founder of Cryptoquant

Young maintained that the altcoin market was currently a zero-sum PvP game and that only a few alts with strong use cases and narratives would survive. He also noted that the alt market cap was still below its previous ATH, and altcoins were rotating among themselves without fresh capital inflows.

Young also argued that the alt season was going to be weird and challenging, and only a few altcoins would “win the game.” He also acknowledged that the altcoin market sentiment was good, but there wasn’t much fresh liquidity.

Virtune believes monetary policy could determine the 2025 altcoin season 

At the time of publication, CoinMarketCap’s Altcoin Season Index indicated that of the top 100 cryptocurrencies by market capitalization, 31 of them outperformed Bitcoin over a rolling 90-day window. The score of 31/100+ indicated that the market was almost getting to the altcoin season. CoinMarketCap noted that if the number continued to move closer to 100, it would act as further confirmation that altcoins were outperforming BTC and may continue to do so.

The firm noted that the last significant altcoin season occurred in H1 2021 when the top 100 altcoins gained 174% while BTC gained just 2%. According to CoinMarketCap, this resulted in Bitcoin’s market dominance collapsing from 61.9% at the beginning of February 2021 to as low as 40% in mid-May 2021. The platform also noted that altcoins outperformed Bitcoin for almost five months straight during the last cycle.

Regulated Swedish crypto asset manager Virtune highlighted that 2025 presented a unique challenge for altcoins due to quantitative tightening and high interest rates. The firm also added that central banks like the Federal Reserve and the European Central Bank had been withdrawing liquidity from the market by reducing their balance sheets and keeping interest rates elevated.

Virtune believes that the 2025 altcoin season contrasted with the liquidity-driven rally of 2020 to 2021. The asset management company also noted that altcoins thrived in an environment of low interest rates and aggressive money printing during the previous cycle.

The firm believes that speculative assets like altcoins could struggle to gain momentum if the quantitative tightening continues. According to Virtune, altcoins could see a surge in demand if economic conditions forced central banks to pivot towards a more accommodative stance, such as rate cuts and slow quantitative tightening.

Virtune also argued that Ethereum’s continued improvements in scalability, such as Layer-2 adoption and the upcoming Pectra upgrade, could provide the infrastructure for a broader altcoin surge.

The market insights firm added that when Bitcoin’s dominance was above 50%, Bitcoin led the markets. But when Bitcoin dominance started to decline sharply, capital often flowed to altcoins. CoinMarketCap’s Bitcoin dominance metric showed it’s at 60.1%, which indicated that Bitcoin was still slightly dominant in the market.

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Forget $1—Expert Says XRP Could Be Worth $10,000—Not Crazy

Many crypto investors are again interested in a popular cryptocurrency after experts began analyzing its long-term worth. Famous market experts suggest XRP might hit $10,000 per coin, which is “not a crazy” forecast but cautious.

Reasonable Price

Several crypto experts think institutional adoption and its potential role in global finance might drive a $10,000 price projection.

XRP at $10,000 isn't ridiculous. In an X post, Rowen Exchange called it conservative.

The crypto expert outlined many reasons why the $10,000 XRP price prediction is cautious.

Institutional Adoption

Adoption is one of Rowen Exchange's biggest justifications for XRP's $10,000 potential. The crypto researcher said institutional acceptance of the coin has grown exponentially.

Rowen Exchange said that when big banks, payment processors, and governments use XRP for cross-border payments, demand will rise and prices will rise.

The crypto specialist says XRP had 100 billion coins. Due to escrow releases and long-term holdings, Rowen Exchange reported that only half of the token's supply is circulating.

Analysts projected a supply crunch that would raise the price if institutions hoarded the token for liquidity.

Institutional adoption, unlike retail-driven speculation, can maintain liquidity and volume, raising prices over time, Rowen Exchange said.

From its current price of $2.76, XRP would need to climb by nearly 362,000% to reach $10,000, which naysayers believe is too far off.

On Rowen Exchange's article, a crypto community member called the $10,000 price aim “highly unlikely.”

The crypto investor disagrees, arguing that XRP would need a market cap of $1 quadrillion to reach $10,000, which is “unrealistic” since the cryptocurrency market cap is $3 trillion as of 2024 and the global economy is $100 trillion.

Another crypto expert says market cap doesn't matter since XRP's value is usefulness, not speculation, thus it might hit $10,000. #XRPPredictions #XRPGoal #xrp #Xrp🔥🔥 $XRP

As the market continues to evolve, making informed decisions is essential for successful trading. That’s why we’re excited to kick off our Deep-Dive series with a focus on On-Chain Analysis! This is your chance to share and learn from the community, all while earning Binance points through posting each topic.

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The Canary Litecoin Spot ETF has officially been listed on the DTCC website as of February 21, under the ticker code LTCC! 📈 While this does not imply regulatory approval yet, it marks a significant step in the process of launching the new ETF. The creation/redemption section has been marked as D, following standard ETF launch procedures. 🔥

What do you think? Will this move pave the way for Litecoin's further institutional adoption or is it just another step in the regulatory journey?

📢 Drop your thoughts below! Could this be a game-changer for Litecoin or just another procedural step?

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