The increase in the number of altcoins brings a lot to wonder if the era of the “Altcoins season” ended. In the past, the seasons of Altcoin have been marked by important rallies for cryptocurrencies other than Bitcoin. For example, during the 2017-2018 cycle, parts like Ether (ETH), XRP and Litecoin experienced impressive growth. But today, with more than 36.4 million altcoins in circulation on the market, against only a few thousand in previous seasons of altcoins, the market dynamics have changed.
Analyst Crypto Ali Martinez stressed that the massive number of available altcoins makes it difficult to maintain altcoin seasons. He referred to the data from Dune Analytics which show a drastic increase in the altcoin supply. During the 2017-2018 season, there were only about 3,000 altcoins, and in 2013-2014, there were less than 500.
Economist Alex Krüger has echoed these concerns, declaring that the excess offer of tokens exceeds demand, which means that the idea that the value of all altcoins increases for an extended period is no longer realistic. Krüger predicted that future seasons of altcoins would be short -lived, only for a few days, or even a few weeks maximum. He also underlined the difficulty of investors to choose value parts in such a supersaturated market.
The rise in power of poor quality tokens and memes pieces also contributes to this change. Crypto ash crypto trader criticized the scholarships for listed the parts even in order to increase the volume and attract users, which led private investors to often lose money when these parts quickly lose from the value. He underlined the volatility of the pieces even, where a token can fall by 80 % in a week.
However, some analysts still see potential for certain altcoins, in particular those with strong use cases. Michaël Van de Poppe suggested that the institutional interest in parts focused on utility could maintain certain altcoins under the spotlight. He designated Ethereum as a possible leader in future rallies, calling him “the most hated rally of 2025”.
Bitcoin continues to dominate the market, with its market capitalization which has more than doubled since 2021 to reach 2.07 billions of dollars. Meanwhile, the total market capitalization of Altcoin amounts to 1.6 billion of dollars, 15.8 % less than its historic summit. Ki Young Ju, CEO of cryptocurrency, believes that only a few altcoins with solid use cases will survive. As the market becomes more and more saturated, it is clear that only projects with real value will probably remain relevant in the long term.
