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Altcoin dominance on Binance reaches 78%

Altcoin trading volume on Binance ROSE to 77.83% in January 2025, marking an increase of 11% compared to six months prior. This trend reflects a strong recovery in the market and growing momentum for altcoins. The rise signifies increased participation from retail investors in altcoin investments.

Despite the altcoin growth, the Altcoin Season Index records a score of 46 out of 100, indicating a stronger focus on Bitcoin. This suggests that while altcoin volumes are up, Bitcoin remains dominant in the market. Analysts predict Ether’s price could reach between 4,000 USD and 8,000 USD, signaling potential growth for the altcoin market.

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