Bitcoin’s dominance (BTC.D) fell sharply to a seven-month low. This decrease coincides with an increase in the Altcoin index, which encourages speculation regarding the onset of AltSeason.
However, Ray Youssef, CEO of Crypto Platform Noones, revealed to Beincrypto that the Altcoin season is not only the beginning, but also a challenging general market analysis at its peak.
Has the Altcoin season really started?
According to the latest data, BTC.D fell to 59.3% today, the lowest level since February 2025.
At the same time, the Blockchain Center’s Altcoin Season Index rose to 53. This suggests that the market has not yet met the threshold for the traditional Altcoin season of 75.
“We’ve confirmed the altcoin season,” James Wynn said.
Nevertheless, well-known market commentator Cas Abbé argued that the current market condition reflects the “Ethereum season” rather than the broad Altcoin assembly.
“We are in the Ethereum season, and with a large portion of liquidity flowing into ETH, AltSesinas needs more retail liquidity before ETH hits a new ATH.
Meanwhile, other experts see the strength of Ethereum as the predecessor of the wider inclusion Altcoin Surge.
Ray Youssef on the true start of the Altcoin season: Begins in April
Opinions differ, but one thing is clear. These analysts believe that the Altcoin season hasn’t really started yet or that we are still the first. However, Ray Youssef disagrees with this projection.
“The Altcoin season moves fast and it’s very easy to get the end wrong at the beginning. At best, what might feel like a start for now is in the middle of the run,” he told Beincrypto.
Youssef claimed that from late June to early July, the market provided numerous investment opportunities or bargains with cryptocurrencies such as Dogecoin (Doge), Solana (Sol), XRP (XRP) and Cardano (ADA).
He suggested that these asset rises could be seen as indicators that the Altcoin season has begun. However, Youssef believes April will be a more accurate starting point for the Altcoin season. At the time, Ethereum rebounded from $1,500.
Furthermore, he pointed out the decline in Bitcoin’s advantage and the fact that over 30 altcoins are better than Bitcoin as evidence of the peak altcoin season in the past 90 days.
“This year’s ALT season reflects the changing seasons in nature. Long thawing in April, chilly June, by late July, summer really arrived at Altcoins. Fall is coming soon.
Youssef considers the possibility that established Altcoins such as Solana and XRP could significantly increase market value with perhaps a large margin. He said that if the coins were successful they could move beyond the “Altcoin” category and become a major player in the market that would break out of the shadow of Ethereum.
“If that happens — and considering, for example, Solana’s network is more suited to pay than Ethereum, it would be a serious test of Ethereum and a real trial for the altcoins that tied it into it,” he said.
He also suggested that as institutional investments in Bitcoin and Ethereum continue, their volatility can be emitted. So after this, meme coins like Doge, Pepe (Pepe), Shiba Inu (Shib), Floki (Floki) may experience a revival.
“The summer summer of institutional capital to Ethereum extends the summer of altcoin, but the real question is how long and which coins will benefit. By the time the Crypto Winter arrives, the ones that have received the support of this institution are not growing, speculative tokens with no real utility, users.
The CEO’s divergent perspective encourages a reassessment of current market conditions, particularly when institutional capital flows form the next stage in cryptocurrency growth.
The post of the Altcoin season has not only begun. Already on the way, Ray Youssef first appeared in Beincrypto.
