Altcoin trading volume on Binance increased to 78% in January 2025, up by 11% compared to previous months. This growth indicates rising interest from retail investors and is seen as a potential signal of the beginning of an altcoin bull market.

CoinMarketCap’s Altcoin Season Index currently stands at 44, still signaling a “Bitcoin season” but approaching the 50-point threshold. Crossing this level would mark the start of a full-fledged “altcoin season.”

Ether (ETH) is drawing significant attention from traders and could act as a catalyst for the altcoin market. Analysts predict that its price could rise from the current $3,279 to $8,000 in the coming weeks.

Despite the optimistic outlook, CryptoQuant’s CEO, Ki Young Ju, warns that in this market cycle, only altcoins with strong use cases are likely to survive. However, the growing trading volume on Binance and continued interest from analysts reinforce confidence in the future strengthening of altcoin positions.