Recently in the market, established coins like ADA and XRP are leading the way, showing signs of recovery, which has led people to speculate whether a full altcoin season is approaching?

Currently, the market is still mainly dominated by BTC, and altcoins have not fully taken over. However, the changing trend over the past 7 days is noteworthy. The altcoin season index has gradually rebounded from a low on the 17th, soaring to 28 on the 21st, indicating that market interest in altcoins is starting to revive.

This upward trend may suggest that funds are flowing from mainstream coins like BTC into altcoins, especially given the strong performance of established altcoins like XRP and ADA, this trend may continue.

If this trend can be maintained and continues to rise in the coming weeks, the altcoin season may indeed arrive.

Among the top 100 active altcoins in the last three months, meme coins still dominate the market, primarily due to their high speculative nature and social effects, making it difficult for other coins to replace them in the short term.