Binance Altcoin Dominance Hits 78%, Analyst Predicts 2025 Bull Market
- Binance altcoin trding dominnc ros from 50.8% in My 2024 to 77.83% in Jnury 2025.
- Growing rtil prticiption drivs incrsing invstor focus on altcoins.
- Sustind volum growth suggsts potntil for robust altcoin bull mrkt in 2025.
Binance hs rportd n imprssiv surg in its altcoin trding volum dominnc, rching stggring 78% in Jnury 2025. This milston highlights th growing intrst in ltrntiv cryptocurrncis, trnd tht nlysts bliv could pv th wy for potntil altcoin bull mrkt in th coming months.
CryptoQuant contributor Burakkesmeci shd light on th dvlopmnt in Jnury 11 Quicktk post, pointing out tht rtil intrst in ltrntiv cryptocurrncis is gining momntum. With rtil intrst gining trction, th alternative cryptocurrency mrkt could continu to build strong momntum in th coming months, h sttd. According to his nlysis, Binances altcoin trding volum dominnc incrsd from 50.80% in My 2024 to 77.83% in Jnury 2025.
Altcoin Bull Market on the Horizon
Burakkesmeci xprssd optimism bout th mrkts futur, noting tht th consistnt growth in Binances altcoin trding rinforcs th potntil for bull mrkt in 2025. Dspit this optimism, CoinMrktCps Altcoin Sson Indx currntly scors 45 out of 100, suggsting tht th mrkt is lning mor towrd Bitcoin Sson.
Bitcoin Dominnc, mtric rflcting Bitcoins shr of th totl crypto mrkt cpitliztion, stnds t 57.93% s of now. This figur rprsnts 2% incrs ovr th lst 30 dys, ccording to TrdingViw dt. Anlysts trditionlly viw dclin in Bitcoin Dominnc s prcursor to n ltrntiv cryptocurrncy sson.
Ethereums Price Could Spark Altcoin Rally
Adding to th convrstion, th psudonymous crypto trdr Mistr Crypto shrd bold prdiction in Jnury 11 post on X. H spcultd tht Ethrums pric could ris drmticlly, stting tht it might pump from $4k to $8k in th nr futur. Historiclly, surg in Ethrums pric oftn signls brodr upswing for th ltrntiv cryptocurrncy mrkt.
Currntly, Ethrum is trding t $3,237, mrking 10.27% drop ovr th pst wk nd 16.78% dcrs ovr th lst 30 dys. Its mrkt cp hs lso tkn hit, flling 12.67% from $466.66 billion to $390.07 billion.
Whil th nticiption of n ltrntiv cryptocurrncy sson grows, som mrkt xprts suggst this cycl might not follow historicl pttrns. Ki Young Ju, CEO of CryptoQunt, mphsizd tht only hndful of digitl currncy projcts with strong us css nd complling nrrtivs r likly to surviv. Compring th currnt ltrntiv cryptocurrncy mrkt cp to Bitcoins, which hs doubld sinc 2021, Ju rmrkd tht this mrkt cycl is diffrnt.
Ju hd prviously cutiond invstors tht ltcoin ssons r no longr triggrd by cpitl rottions from Bitcoin to ltcoins, mrking shift from trditionl mrkt dynmics. This obsrvtion ligns with commnts from Bitwis Invst CEO Huntr Horsly, who xprssd nthusism for th dvncmnts Bitcoin nd th brodr crypto mrkt r xpctd to chiv this yr.
Related Readings | Crypto Price Forecasts for 2025: Ethereum, Solana, Dogecoin, and More
Read more: https://www.tronweekly.com/altcoins-gains-momentum-binance-volume-at-78/
Text source: TronWeekly
