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Altcoins are set for a last large rally, but only a few will benefit – analyst


Altcoins may have only one final rally in this cycle, but those with real utility and strong network activity will see price acquisitions, according to an analyst.

“I think there will be another wide thrust from the Altcoins. The question is, is this a long rally we will see in six to twelve months,” real vision Crypto analyst Jamie Coutts said Livestream.

Network activity is the ‘North Star’ for how to exchange crypto

“At this stage, I’m not sure, but I believe the quality altcoins where the activity returns, the activity is driving prices … We will definitely see recovery from some of the higher quality names,” Coutts said.

Cointelegraph reported in January with a finished 36 million altcoins that exist. However, Ethereum still holds for the most part of the total amount locked (TVL) with 55.56%, followed by Solana (6.89%), Bitcoin (5.77%), BNB Smart Chain (5.68%), and Tron (5.54%), According to in coingecko data.

Coutts said the entrepreneurs should watch where the network activity is “gravitating” and use it as their “North Star” for how to trade in crypto, adding that he sees a market market upswing within the next two months.

“I hope through June to see the Altcoins actually start over again. It is predicted to the fact that Bitcoin is back all the time highs at that point.”

On March 28th, Coutts told Cointelegraph that Bitcoin can reach all the time Before the end of the Q2 regardless of the clarity of the presidential tariffs of President Donald Trump and the potential concerns of retreat.

Cryptocurrencies, markets

The total crypto market cap dropped around 8% in the past 30 days. Source: CoinMarketCap

Blockchain network activity throughout In Feb. 21, Cointelegraph reported that the number of active addresses in Solana (Sol) The network fell on a weekly average of 9.5 million in February, down nearly 40% from 15.6 million active address in November 2024.

Altcoin indicators are flashing red

Meanwhile, there are many key indicators used by the crypto industry to determine an incoming Altcoin period suggesting that it has not seen yet.

Capriole Investments’ Altcoin Speculation Index has dropped to 12%, down 53% since December 25, the same period in which Ether 49% fell from $ 3,490, According to In CoinMarketCap data.

Related: When will the altseason come? Experts have announced what is preventing the altcoins

The altcoin season of coinmarketcap IndexMeasuring the top 100 cryptocurrencies against Bitcoin performance over the past 90 days, has read a mark of 14 out of 100, leaning against a more dominant Bitcoin market, referring to it as the “Bitcoin period.”

Cryptocurrencies, markets

The Altcoin season index chart sits 14 at the time of publication. Source: CoinMarketCap

However, while the dominance of Bitcoin – a level that is often watched for the secrets that signal a period of Altcoin – sitting at 62.84%, some analysts argue that it is no longer associated as a signal for the Altcoin period.

CEO of Cryptoquant Ki Ki Young Yu recently said that Bitcoin’s dominance is “no longer reference to altseason – trading volume.”

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This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.