Expert Casts Doubt on Altseason, Despite Growing Crypto Enthusiasm

Recent discussions in the crypto space have raised doubts about the possibility of an upcoming altcoin rally.

Despite positive developments, some experts, like Ali Martinez, argue that the sheer volume of altcoins may hinder the chance of an “altseason.”

Martinez pointed out that while altcoins had a significant market share in their earlier days—around 500 in 2013-2014—the number has ballooned to over 36 million today. He notes that during the last big spike in 2021, the total supply grew from under a million to over 15 million tokens.

With such a massive increase in available coins, it’s difficult for any single altcoin to capture enough market attention to trigger a broader rally. Meanwhile, Bitcoin has continued its dominance, keeping a strong hold above $100k.

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However, there remains optimism within the altcoin community. Key figures, such as U.S. President Donald Trump and Coinbase CEO Brian Armstrong, have expressed confidence in the future of crypto. Institutional interest is also growing, with JPMorgan predicting potential massive inflows into Solana and XRP if ETFs for these tokens are approved. The filing for XRP ETFs has gained momentum, while Bitwise’s Dogecoin ETF registration has also sparked anticipation.

While Martinez remains skeptical, several altcoins, including Litecoin and others, continue to show positive growth, suggesting that some investors still believe in the potential for a future altseason, even if it takes time to materialize.

Alexander Stefanov