Три ключевых фактора, способствующих росту альткоинов в новом сезоне Translation: Three Key Factors Driving Altcoin Growth in the New Season

The era of altcoin growth has officially begun: the Altcoin Season Index has attained its highest level since the end of 2024. Experts have identified the key factors driving the increase in these currencies, as reported by DLNews.

According to Blockchain Center, 75% of the top 50 cryptocurrency assets have outperformed Bitcoin in terms of returns over the past 90 days.

A similar trend is observable in the Altcoin Season Index chart from CoinGlass, which saw an increase to 80 points on September 15th.

In the last six months, Bitcoin’s market share has dropped by 6% to 58%. A decline in this metric traditionally indicates the onset of a phase characterized by robust growth in altcoins.

Shane Molidor, founder of Forgd, explained that investors started to rebalance their portfolios in favor of «alternative» coins following the dominance of Bitcoin at the beginning of the cycle.

The first catalyst for the altcoin season is the potential decrease in the Federal Reserve’s key interest rate on September 17th. All market participants anticipate a loosening of monetary policy, which will inject liquidity into the financial system and stimulate demand for high-risk assets.

Kyle Sass, founder of MV Global, noted that a 0.5% rate cut instead of the expected 0.25% «could trigger a powerful and unexpected rally.»

Molidor added that as risk appetite increases, L2 tokens and ecosystem coins with high total value locked (TVL), trading volumes, and revenue are becoming prime candidates for inclusion in corporate reserves. He believes this will significantly elevate demand for these assets and propel their growth.

«By issuing debt and acquiring crypto assets, companies create a self-sustaining dynamics of reflexive feedback that drives upward price momentum,» emphasized Sean Dawson, head of research at Derive.

Annabel Huang, founder of Altius, believes the trend of cryptocurrency accumulation by publicly traded companies will persist. However, this will only affect «quality altcoins with sustainable incomes, proven economics, and healthy user metrics.»

Molidor specified that Ethereum, Solana, and BNB meet such criteria.

Earlier, Bloomberg’s market analyst James Seyffart declared the beginning of a «corporate» altcoin season. According to him, only those coins that large companies have included in their reserves will see growth.

Experts identified regulatory clarity as the third catalyst. Previously, SEC Chairman Paul Atkins stated that most tokens are not securities and called for the establishment of uniform rules for the crypto market.

Currently, the regulator is reviewing over 90 applications for spot ETFs based on various altcoins, including Solana, XRP, and Litecoin. Many believe that the approval of these instruments will serve as a bullish factor for the underlying cryptocurrencies.

Bitfinex analysts are confident that the altcoin growth phase will not commence until the new exchange-traded funds are approved.

As a reminder, Timo Oinonen, a CryptoQuant author and on-chain analyst, pointed out the end of the era of «mass altcoin seasons.»