Cryptocurrency
Altseason or Just a Mirage? Analysts Debate the Future of Altcoins

The altcoin market is evolving, but not in the way many expected. While some believe the altseason has begun, others argue it’s merely delayed.
With shifting market structures, ETF-driven Bitcoin strength, and changing investor behavior, what’s really happening with altcoins?
“Selective” Altseason
Ki Young Ju, CEO of CryptoQuant, has signaled the start of a selective altcoin season. In a recent tweet, Ju pointed out that while Bitcoin (BTC) is not experiencing a direct rotation into altcoins, stablecoin holders are increasingly favoring alternative assets.
Alt season has begun.
No direct BTC-to-alt rotation, but stablecoin holders are favoring alts. Alt volume is 2.7x BTC. BTC Dominance no longer defines alt season—trading volume does.
It’s a very selective alt season tho. DYOR. pic.twitter.com/7lSffDuuM8
— Ki Young Ju (@ki_young_ju) February 21, 2025
This trend is evident in trading volumes, as altcoins are currently seeing 2.7 times the volume of Bitcoin. He also noted that BTC’s dominance – historically a key indicator of altseason – no longer holds the same influence. This is because trading activity now serves as a more relevant metric, the exec said.
Additionally, Ju emphasized that Bitcoin is no longer acting as a primary quote currency for altcoin trades. This marks a significant structural change in market behavior, and the latest selective altseason suggests that while some altcoins may see strong inflows, the rally is not uniform across the board.
Altseason Delayed?
Crypto analyst “Xremlin,” however, offered a different perspective on the timing of the next altcoin season. The trader suggests that while an altcoin rally is likely in 2025, it may not follow the traditional February start seen in previous cycles. Instead, historical data points to two potential peaks: one in May-June 2025 and another in August-September 2025. Xremlin attributed the delayed altseason to key structural changes in the market.
Unlike previous cycles, where Bitcoin whales took profits and funneled them into altcoins, much of BTC’s current strength is ETF-driven, meaning those funds are effectively locked and unable to rotate into alts. Additionally, the massive number of tokens has exploded – multiple times more than in 2021 – spreading out demand and preventing a concentrated alt rally.
Another major shift has been the rise and decline of meme coin speculation, which altered retail investor behavior. While the 2021 altseason was driven by long-term bets on technology and innovation, Xremlin believes that today’s market is more short-term and casino-like and favors quick flips over sustained holding.
However, the analyst remains optimistic and cited a highly favorable macro environment, such as easing crypto regulations, pro-crypto policies, rising global liquidity, and potential ETF approvals for major altcoins like Solana and XRP.
He went on to predict that while not all altcoins will benefit equally, sectors like Real World Assets (RWA) and AI-related projects could see significant gains.
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Cryptocurrency
Can Ripple (XRP) Hit $10 in 2025? ChatGPT Answers

TL;DR
- The cryptocurrency space is full of bullish and sometimes relatively ridiculous price predictions for members’ favorite assets, so we decided to ask ChatGPT for its opinion on whether XRP has the legs to make a mind-blowing surge to double-digit territory.
- It believes such a whopping 320% pump from current levels will require some “substantial developments.”
$10 Mission Possible?
The XRP Army, one of the most vocal communities in crypto, has outlined some massive predictions for the underlying asset, ranging from describing it as a modern-day Manhattan real estate opportunity to putting a future price tag of $100.
While these might sound a bit far-fetched at the moment, given XRP’s price of $2.38, we asked ChatGPT for another popular target – $10. After all, it would require a more modest 320% surge by the end of the year, something that Ripple’s token has done in the past – the last time was in late 2024/early 2025, when it shot up by even bigger percentages.
The AI solution noted that the lawsuit resolution against the SEC, which is not officially over yet, even though both parties agreed to a $50 million settlement, has opened the door for XRP to gain further traction as it has “removed a significant uncertainty, potentially boosting investor confidence and institutional interest.”
In terms of that institutional adoption, ChatGPT said a potential approval of a spot Ripple ETF in the States could skyrocket the underlying token’s price. The odds are relatively high, with Polymarket predicting a 79% chance for such a product to hit the US markets by the end of the year.
Lastly, the AI chatbot outlined the overall crypto market dynamics. The arrival of the much-anticipated altseason, which has been highly speculated in the past few weeks, could be among the biggest gain drivers for the second-largest non-stablecoin alt.
But These Challenges…
ChatGPT believes reaching a $10 price tag is not an easy task and comes with its own set of challenges. One of them is the actual size of XRP in terms of market cap, as it would require the metric to shoot up to $580 billion or even more, given the billion tokens released every month. This would put it at levels almost twice as high as ETH’s current one.
XRP also faces a lot of competition not only in the cryptocurrency space where investors can choose from thousands of altcoins, but in the traditional payment system where it serves as a cross-border token. As such, ChatGPT concluded:
“While reaching $10 is within the realm of possibility, it would require a confluence of favorable factors, including increased adoption, positive market sentiment, and supportive regulatory developments. Investors should consider these factors and conduct thorough research when evaluating XRP’s potential.”
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Cryptocurrency
Metaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x

The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy.
According to the firm’s Q1 Earnings Report, its Bitcoin strategy contributed 88% to its revenue of 877 million Japanese yen ($6 million). Metaplanet’s consistent BTC accumulation has also earned it the spot of the 11th-largest public company by bitcoin holdings globally and number one in Asia.
Metaplanet Posts Record Q1 Financials
From January 1 to date, Metaplanet has added 5,034 BTC to its balance sheet, increasing its holdings by 3.9x to 6,796 BTC. These purchases were funded by a moving-strike warrant program, which enabled the company to issue equity without setting a fixed discount or strike.
As of May 10, the hospitality entity had executed 87% of the program, raising 76.6 billion yen ($524.8 million) and becoming the largest public equity issuer in the country. With the funds raised, Metaplanet has achieved approximately 68% of its near-term 10,000 BTC goal at a cost basis of 13.27 million yen ($90,929) per BTC.
Although the company recorded a 7.4 billion yen ($50.7 million) unrealized loss on its BTC position by the end of the quarter due to market prices, bitcoin’s recent rally has fully reversed the losses. The firm reported unrealized BTC gains of 13.5 billion yen ($92.5 million) as of May 12.
Evaluating its treasury performance, Metaplanet reported a BTC yield of 170% and a BTC gain of 2,996 BTC. These metrics measure the growth in BTC per diluted share and the BTC per shareholder unit.
Embracing a Bitcoin Treasury
Metaplanet said last quarter’s report posted the strongest financial result in its 20-year corporate history. The company’s core operating metrics and Bitcoin treasury key performance indicators (KPIs) also broke its records for the first time.
The entity recorded an operating profit of 593 million yen (over $4 million) after an 11% uptick quarter-on-quarter. Revenue rose 8%, while total assets surged 81% to 55 billion yen (more than $376.8 million) within the same time frame.
Due to the success of its Bitcoin treasury strategy, Metaplanet is urging other companies to consider adopting Bitcoin, offering its capital strategy as a blueprint.
“Our results speak for themselves: we don’t set targets to feel safe—we set them to exceed them, quarter after quarter. The global feedback loop between capital markets and Bitcoin is just beginning. Metaplanet intends to be its premier conduit,” the company said.
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Cryptocurrency
Bitcoin Dominance Dives in May as Altcoins Form Golden Cross

It’s a sign of a bullish market for all crypto assets that are not called BTC. Last time this happened in 2021, a bevy of popular altcoins returned cryptocurrency buyers 28,000% by the end of the market cycle.
Bitcoin Dominance Takes 4% Spill
Bitcoin’s market share fell from 65% to 61% between May 7 and May 13, according to TradingView. Markets haven’t seen that 65% level of BTC dominance over altcoins since 2021.
That year was the altseason, as crypto veterans like to call it, that launched Dogecoin’s price tens of thousands of percent upward in under 12 months.
Meanwhile, in 2021, a $100 Shiba Inu investment went from Jan. 1, 2021, to over $14 million by Mar. 2023. Two unemployed Millennial brothers from Westchester, NY, invested $8,000 in Shiba Inu that year after a family friend told them about it.
There are hundreds of trillions of dollars out there.
There are only 21 million #Bitcoin.
Do the math.
— Samson Mow (@Excellion) May 8, 2025
As Bitcoin boosters like to say: Do the math.
While a 4% dip in Bitcoin dominance may seem like a small fraction, the numerator here is a global Internet currency with a two trillion dollar market cap on May 7.
That’s something like an $80 billion dip in market share against altcoins over six days in May. Furthermore, Bitcoin’s price and market cap grew by 7% during those six days, even as its wedge on the pie chart shrank.
Altcoins Form Bullish Golden Cross
Meanwhile, an index of altcoin prices formed a golden cross in May, potentially signaling bullish momentum into a prolonged bull run.
As one popular crypto YouTube analyst reported on May 13, the total altcoin market cap for major currencies has formed a golden cross. That’s when a shorter-term moving average crosses from below to above a longer-term moving average.
Altseason incoming. golden cross hit.
Last time this happened in 2021, alts went +28,000%
2025 just did the same.
if you fumble this run, you deserve to stay broke.Don’t fade the rotation.#crypto #altcoins #bullrun pic.twitter.com/ZZp7z2nrcT
— Bitcoin Duniya (@bitcoin_duniya) May 13, 2025
The moving average for a cryptocurrency is the periodically updated average of all its prices over a previous period. Traders use that to get a sense of the market’s inertia.
If the last market cycle’s performance repeats on this round, the total altcoin market cap could exceed $5 trillion sometime by 2026. Here are five more signals that altseason may soon commence.
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