Overview
- CoinMarketCap’s Altcoin Season Index rose to 72, just shy of the 75 level that would formally mark an altseason and the highest reading reported this year.
- Solana gained roughly 17% over the past week, touched $248, and overtook Binance Coin to become the fifth-largest crypto by market value.
- Large-cap strength broadened as Ethereum climbed above $4,600, XRP returned to $3.00, Dogecoin traded over $0.28, and Cardano advanced past $0.90.
- Institutional interest surfaced with Galaxy Digital accumulating about $6.5 million in SOL, while risk appetite extended to smaller tokens such as MYX, MemeCore, and OKB.
- CryptoQuant researcher Maartunn cautioned that rising altcoin open interest versus flat Bitcoin mirrors conditions ahead of the early‑2025 correction.