$XLM

$Altcoin season has begun: benefits for crypto exchanges and startups.

Altcoins are taking market share from Bitcoin, which is beneficial for crypto exchanges and startups.

What is altcoin season?

This is the period when most altcoins show better results than Bitcoin. Currently, 75% of the top 100 coins have outperformed Bitcoin over the past 90 days.

Reasons for the growth of altcoins:

* Growing popularity of XRP, XLM, SUI, Cardano (ADA).

* Increased attention to cryptocurrencies other than Bitcoin.

* Speculative optimism and hope for high profits.

* FOMO effect (fear of missing out).

Possible trends of the altcoin season:

* DeFi.

* GameFi.

* DePIN.

* Memcoins.

Benefits for the crypto industry:

* Crypto exchanges: increased trading volumes and profits.

* Startups: an opportunity to attract investment and try out new concepts.

* Smart contract networks: expanding platforms for new altcoins.

Additional factor:

* US policy is expected to become more friendly to cryptocurrencies after the resignation of SEC Chairman Gary Gensler.

Conclusion: The altcoin season stimulates the development of the crypto market, creating new opportunities for exchanges, startups and investors.