#altcoins
Altcoin Spot Volume Hits Highest Level Since September 2025, Nearly 4x Bitcoin
Altcoin spot trading volume has climbed to nearly four times Bitcoin’s, reaching its highest level since September 2025, according to Glassnode.
The Altcoin Season Index has also risen to 62%, signaling broader participation beyond BTC.
At the same time, exchange deposits are increasing, while 87% of Binance-listed altcoins trade above their 200-day averages, creating a market with stronger breadth but rising signals to monitor.
Altcoin spot trading volume has surged to nearly four times Bitcoin’s, marking its highest level since September 2025, according to Glassnode data. The shift shows traders are allocating more activity to higher-risk digital assets as the broader crypto market expands beyond its largest coin.
Glassnode said on September 28 that spot traders were increasingly turning toward altcoins. The firm has previously observed that heavy altcoin participation can appear near local Bitcoin market peaks, although volume alone does not establish that a reversal is underway. The data also point to a deeper market rotation as liquidity reaches assets outside BTC.
Altcoin Spot Volume Signals Broader Market Participation
The change is reflected in the Altcoin Season Index, which reached 62%, compared with 50% one week earlier and 33% one month ago. The increase indicates that a larger share of major altcoins has been outperforming Bitcoin over the period measured by the index.
Market breadth has strengthened as well. CryptoQuant analyst Darkfost reported that 87% of Binance-listed altcoins were trading above their 200-day moving averages, up sharply from roughly 20% in August. Only 13% remained below the long-term trend indicator, showing how broadly the recovery has spread across listed tokens.
The wider market capitalization measure supports that picture. TradingView currently places TOTAL2 near 1.17 trillion, tracking crypto assets excluding Bitcoin while including Ethereum. #Write2Earn #BTC $BTC
Altcoin Spot Volume Hits Highest Level Since September 2025, Nearly 4x Bitcoin
Altcoin spot trading volume has climbed to nearly four times Bitcoin’s, reaching its highest level since September 2025, according to Glassnode.
The Altcoin Season Index has also risen to 62%, signaling broader participation beyond BTC.
At the same time, exchange deposits are increasing, while 87% of Binance-listed altcoins trade above their 200-day averages, creating a market with stronger breadth but rising signals to monitor.
Altcoin spot trading volume has surged to nearly four times Bitcoin’s, marking its highest level since September 2025, according to Glassnode data. The shift shows traders are allocating more activity to higher-risk digital assets as the broader crypto market expands beyond its largest coin.
Glassnode said on September 28 that spot traders were increasingly turning toward altcoins. The firm has previously observed that heavy altcoin participation can appear near local Bitcoin market peaks, although volume alone does not establish that a reversal is underway. The data also point to a deeper market rotation as liquidity reaches assets outside BTC.
Altcoin Spot Volume Signals Broader Market Participation
The change is reflected in the Altcoin Season Index, which reached 62%, compared with 50% one week earlier and 33% one month ago. The increase indicates that a larger share of major altcoins has been outperforming Bitcoin over the period measured by the index.
Market breadth has strengthened as well. CryptoQuant analyst Darkfost reported that 87% of Binance-listed altcoins were trading above their 200-day moving averages, up sharply from roughly 20% in August. Only 13% remained below the long-term trend indicator, showing how broadly the recovery has spread across listed tokens.
The wider market capitalization measure supports that picture. TradingView currently places TOTAL2 near 1.17 trillion, tracking crypto assets excluding Bitcoin while including Ethereum. #Write2Earn #BTC $BTC
