Altcoin season index

Chainlink (LINK) has made headlines this week after surging to over $26, its highest level in roughly 18 months. The move has positioned LINK as one of the top-performing large-cap cryptocurrencies, outpacing much of the market with double-digit daily gains. For investors, the big question now is whether this rally has enough momentum to push the token toward the psychologically important $30 level — a price point that hasn’t been seen since early 2022. What’s Pushing Chainlink to New Heights? Chainlink (LINK) Price Source: CoinMarketCap Chainlink’s latest breakout has been powered by a mix of whale activity, protocol upgrades, and broader market momentum. On-chain data reveals that large holders have been steadily accumulating LINK, withdrawing millions of dollars’ worth of tokens from exchanges in recent weeks. This trend suggests growing conviction among big investors that LINK has more room to run. Meanwhile, the project itself has been strengthening its fundamentals. The newly launched LINK Reserves program now automatically channels a share of network fees into LINK, locking the tokens in a treasury. Already holding over 100,000 LINK at an average cost of around $19, the program creates a steady stream of organic buy pressure. Adding to the bullish case, Chainlink recently announced a partnership with Intercontinental Exchange (ICE) — the parent company of the New York Stock Exchange. This integration brings ICE’s forex and precious metals pricing into Chainlink’s oracle feeds, reinforcing its role as a key bridge between real-world data and blockchain applications. All of this is happening against the backdrop of a broader crypto market upswing, with Bitcoin near record highs. Together, these factors have created the perfect setup for LINK to hit its 18-month peak and spark speculation about whether $30 is within reach. Investor Sentiment Turns Bullish on LINK Chainlink’s surge to an 18-month high has quickly shifted market sentiment in its favor. Many traders and analysts now describe LINK as undervalued , emphasizing its growing importance in decentralized finance and real-world asset tokenization. Prominent voices like Altcoin Sherpa have called LINK “one of the best coins right now,” though they also caution that the $30 level could act as a significant resistance point where some investors may take profits. Still, the enthusiasm is supported by hard data: LINK’s daily trading volume spiked more than 60% in the past 24 hours, confirming that fresh money is flowing in rather than just recycled hype. Source: X Some analysts are setting their sights even higher. If LINK manages to clear $30 convincingly, projections range from the low-to-mid $30s to even the mid-$40s in more bullish scenarios. But for now, the consensus is clear — the rally has placed Chainlink back in the spotlight, and investor sentiment is leaning decisively bullish. LINK Price Action: Key Levels to Watch Source: crypto.new Chainlink’s breakout above the $24–25 resistance zone has pushed it to its highest levels since early 2024, a move backed by strong trading volume that validates the rally. A recent golden cross, where the 50-day moving average moved above the 200-day moving average, adds to the bullish narrative and signals that momentum remains on LINK’s side. The next major hurdle is at $30, which carries both psychological weight and technical significance. This level lines up with a long-term descending trendline that has capped LINK’s price action for nearly four years. A decisive breakout above it could mark a structural shift in LINK’s trajectory, potentially paving the way for targets in the mid-$30s and higher. For now, downside levels to watch sit around $21–22. A pullback into this range would likely be viewed as a healthy correction within an uptrend, but a drop below $21 could weaken the bullish setup and hint at deeper retracements. Until then, the chart favors the bulls — with the $30 barrier standing as the next big test. What’s Next for LINK? The big question now is whether LINK can clear the $30 resistance level. A decisive breakout above this zone, especially on strong trading volume, would signal a major shift in market structure. Such a move could attract fresh momentum traders and push LINK toward the mid-$30s or beyond, reinforcing the bullish outlook. If LINK struggles to break $30, the market may see a period of consolidation or a healthy pullback. In that scenario, the $25 level could act as a short-term cushion, while the $21–22 support zone remains critical. A drop below $21 would weaken the bullish setup and potentially bring the token back into the high teens, resetting investor expectations. Ultimately, LINK’s trajectory will also depend on the broader crypto environment. Continued strength in Bitcoin and Ethereum could provide tailwinds, while a cooling market might cap LINK’s momentum. For investors, keeping an eye on whale activity, trading volume, and Chainlink’s expanding partnerships will be key to understanding where LINK heads next. Conclusion Chainlink’s return to an 18-month high has put it back in the spotlight, fueled by whale activity, fresh tokenomics through the LINK Reserves program, and partnerships that tie its oracles even closer to real-world markets. With sentiment leaning bullish, investors are now asking the obvious question: can LINK finally hit the $30 mark that has eluded it for years? The answer isn’t certain — and that’s what makes this moment intriguing. A breakout could set the stage for a powerful run into the mid-$30s or beyond, while a stall might see LINK retrace toward the low-$20s. Either way, the rally has reignited curiosity around Chainlink’s role in DeFi and tokenized assets. With momentum on its side, the next few weeks could prove pivotal in defining LINK’s next big chapter. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Cardano (ADA) is trading near $1.00 in mid-August 2025, brushing against a crucial psychological level after a strong summer rally and renewed investor optimism. Broader crypto sentiment is bullish, macroeconomic conditions have steadied, and whispers of institutional adoption—fueled by potential ETF developments—are adding to the momentum. Yet, the $1.50 mark remains a formidable multi-year resistance zone, last touched in early 2022. In this article, we’ll examine whether ADA’s blend of technical strength, robust on-chain fundamentals, and favorable market conditions will be enough to propel it past that milestone this month, or if the breakthrough will have to wait for later in the year. Crypto Confidence and Macro Stability: Setting the Stage for ADA The crypto market is experiencing one of its most bullish phases to date. Bitcoin recently reached an all-time high over $124,000, lifting sentiment across the board and pushing the total cryptocurrency market capitalization above $4.2 trillion. This milestone reflects a wave of institutional demand, ETF inflows, and strong retail participation. The Crypto Fear & Greed Index remains at 75—deep in “Greed” territory—signaling that investors are willing to take on more risk in pursuit of gains. From a macro perspective, conditions are supportive for digital assets. The U.S. Federal Reserve has held interest rates steady at 4.25%–4.50%, following signs of cooling inflation. This pause has removed a major headwind for speculative markets, and there are growing expectations that a rate cut could arrive as early as September. Lower borrowing costs and improved liquidity often act as fuel for risk assets like cryptocurrencies. The rally is not limited to Bitcoin—Ethereum, for example, has surged over 40% in the past month, underscoring the strength of altcoin performance in this cycle. Against this backdrop, Cardano is well-positioned to benefit from the combined impact of a buoyant macro environment, rising institutional interest, and growing optimism that it could be one of the next major assets to secure an ETF listing . Technical Analysis: ADA’s Price Trends & Key Levels Cardano (ADA) Price Source: CoinMarketCap Cardano is currently trading around $1.00, marking a significant recovery from its early-year lows and positioning it near the upper boundary of a multi-year consolidation range. On the charts, ADA is approaching the apex of a wedge pattern that has been in place since its 2021 peak—an area that has consistently acted as a ceiling for price rallies. A breakout from this formation could signal the start of a sustained uptrend, with $1.50 standing as the first major milestone. Source: thecryptobasic Momentum indicators are showing encouraging signs. The daily MACD remains in bullish territory following a recent crossover, historically a precursor to strong upside moves. Price volatility has also compressed, with tight Bollinger Bands suggesting a potential breakout is brewing. If ADA can maintain its current levels and push through initial resistance at $1.20, the path toward $1.50 becomes more realistic, as there’s relatively little historical supply in that zone. Key levels to watch in the short term include support around $0.90–$0.92, which has held firmly through recent pullbacks, and major resistance at $1.20. Clearing $1.20 on strong volume would be a bullish confirmation, while failure to hold above $0.90 could invite another consolidation phase. If $1.50 is broken convincingly, the next upside target could be around $2.00, supported by both technical projections and previous trading ranges. On-Chain Strength & Ecosystem Fundamentals Cardano’s on-chain metrics tell a story of resilience and steady growth, even during periods of market consolidation. As of mid-2025 , the network supports more than 17,000 Plutus smart contracts, a nearly 40% increase year-over-year, and hosts over 1,300 active projects spanning DeFi, NFTs, identity solutions, and enterprise applications. This expanding ecosystem adds tangible utility to ADA, helping underpin its market value beyond speculative trading. The community remains highly engaged. Over 4.8 million ADA wallets have been created, with roughly 1.25 million participants staking their ADA to secure the network—representing about two-thirds of the circulating supply. Such high staking participation not only signals strong holder confidence but also reduces the available liquid supply, which can amplify price moves when demand rises. Long-term holding behavior is also at record highs, with more than 15 billion ADA unmoved for over a year. In DeFi, Cardano’s growth is accelerating. Decentralized exchanges and lending platforms on the network now process over $1 billion in monthly trading volume, while total value locked (TVL) has reached new all-time highs in 2025. Layer-2 scaling solutions like Hydra are enhancing transaction throughput, paving the way for more demanding applications and enterprise use cases. With adoption growing across multiple fronts and the network infrastructure continuing to mature, Cardano’s fundamentals provide a strong backbone for any price rally—whether in August or beyond. ADA Price Outlook & Analyst Predictions for August 2025 Analysts are split on whether ADA can hit the $1.50 milestone this month, but they agree it’s the key level to watch. Conservative forecasts ● Average price projection: ~$1.10 in August 2025. ● Expected high: $1.30 before month-end. ● Rationale: Breaking $1.50 will likely need stronger catalysts and more time, possibly later in the year. Moderate to bullish forecasts ● Key trigger: Clearing $1.20 could pave the way to $1.50. ● Short-term upside: Potential run to $2.00 if momentum and ETF speculation align. Long-term bullish scenarios ● Some projections target $3.00+ over the next 12–18 months ● Based on: Completion of multi-year consolidation patterns and robust on-chain fundamentals. Overall, while the fundamentals and market environment support upward movement, whether ADA crosses $1.50 in August 2025 depends on sustained buying pressure and timely catalysts in the coming weeks. Conclusion Cardano enters the back half of August 2025 on the cusp of something potentially big. Trading near $1.00, ADA enjoys a favorable mix of bullish technical patterns, record-breaking crypto market sentiment, and an ecosystem that continues to grow in depth and diversity. The charts hint at a coiled spring ready to release—$1.20 stands as the first gateway, and beyond it lies the much-watched $1.50 mark. But will August deliver that decisive push, or will the market make ADA wait a little longer? That’s the intrigue. A sudden burst of buying, a surprise ETF development, or a fresh wave of institutional inflows could tip the balance in favor of an immediate breakout. On the other hand, even if August falls short, the underlying fundamentals suggest that $1.50 is more a question of “when” than “if.” The next few weeks could reveal whether Cardano’s summer rally is just another chapter in a long consolidation—or the prologue to a run toward $2.00 and beyond. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Altcoin season is a hot topic in the crypto space, marking a period when altcoins outperform Bitcoin. Typically triggered by capital moving from Bitcoin into alternative cryptocurrencies, altcoin season captures investor excitement with rapid gains in leading altcoin projects. One of the best ways to track this phenomenon is the Altcoin Season Index—a metric that measures whether a majority of the top 100 altcoins have outperformed Bitcoin over the past 90 days. If the altcoin season index is above 75, the market is officially in altcoin season; readings below 25 indicate Bitcoin dominance. Bitcoin’s recent run to a new all-time high of $123,180 has begun to cool, with capital and investor focus increasingly shifting towards altcoins. This backdrop sets the stage for wider altcoin growth. This analysis covers the latest altcoin performance, the newest technical signals, current catalysts fueling the trend, and the sectors most likely to benefit as the next altcoin season approaches. Latest Altcoin Performance: Leaders and Breakout Movers Altcoin season anticipation is rising as established tokens and fresh projects experience strong growth. As of July 21, 2025, Stellar (XLM) is leading the pack, surging 74% for the week to trade at $0.527. Cardano (ADA) is up 23% at $1.004, and Ripple (XRP) has gained 21% this week to reach $3.92. Dogecoin (DOGE) remains a retail favorite, now at $0.329 after a 16% increase. Among innovative altcoins, Sei (SEI) reached $0.416 after a 27% jump, while Ethena (ENA) sits at $0.548, rising 21% over seven days. These gains underscore the market’s renewed appetite for both legacy and emerging altcoins. Research from Delphi Digital notes that well-established coins like ADA, XLM, and XRP have even outperformed recent “hot topic” tokens in themes like AI and DePIN since the start of 2024. This rotation hints at both retail and institutional investors returning to proven projects as the possibility of a widespread altcoin season looms. Technical Analysis: Shifting Market Structure The altcoin season index trend is supported by clear shifts in technical and market structure. Bitcoin dominance has fallen to 48.2% (down from 53% in June), often a precursor to altcoin season as more capital chases returns in the broader altcoin market. The TOTAL3 index, which tracks the cumulative market cap of all crypto assets except Bitcoin and Ethereum, has entered what analysts call “Banana Zone 2.0”—a stage common before explosive altcoin rallies. Source: Techflow Trading volumes for major and mid-tier altcoins have climbed 23% month-over-month, highlighting not just speculation but an uptick in actual usage and inflows. Ethereum is stabilizing near $3,089, and the ETH/BTC pair remains firm around 0.025. A breakout in this pairing historically signals acceleration for an altcoin season. Key Catalysts for Altcoin Season 2025 The environment is primed for an altcoin season, with several catalysts converging. First among them is the surge of institutional adoption via spot Bitcoin and Ethereum ETFs, driving new liquidity into crypto markets. As ETF capital diversifies, altcoins—especially those pegged as next in line for ETF inclusion like Solana (SOL), which jumped 13% this week to $238—are seeing rising demand. Technological upgrades such as Layer 2 innovations (Arbitrum, Optimism, and more) are reducing fees and speeding up networks, making DeFi, NFTs, and other crypto applications more accessible and attractive. The market is also responding to new narratives, including blockchains integrated with AI, rapid growth in real-world asset (RWA) tokenization, and the rising popularity of blockchain gaming. Sectors to Watch for the Next Altcoin Season Certain sectors are positioned for significant gains if the altcoin season index continues higher. Enterprise-grade tokens are gaining adoption as balance sheet reserves; Solana’s fast, scalable network is leading in both RWA and DeFi integration. Tron (TRX) is vital for stablecoin settlements, with USDT circulation on Tron now above 50%. ETF-linked tokens like SOL, XRP, DOGE, ADA, and others are drawing in speculative and institutional capital, fueled by strong ETF inflow trends (Bitcoin ETFs now manage over $150 billion, and Ethereum ETFs more than $15 billion). The RWA sector is booming, with protocols like BlackRock’s BUIDL fund, Ondo, and Centrifuge collectively managing billions in tokenized real-world assets. Chainlink provides the core oracle tech for this wave, bridging traditional finance with crypto settlements. Decentralized finance (DeFi) is thriving, with Q2 2025 DEX volumes hitting $876 billion—a 6.2% jump from the last quarter. Major DEX platforms like Uniswap, PancakeSwap, and Raydium are driving ecosystem activity, exemplified by viral movements in Solana’s Letbonk.fun, which propelled BONK and RAY prices higher. Stablecoins have reached a legal milestone with the passage of the GENIUS Act on July 19, 2025, confirming their regulatory clarity in the US. These assets are now at the center of on-chain and institutional finance, acting as key units of account and bridges across DeFi and RWA protocols. Conclusion: Altcoin Season Outlook and Strategic Insights The current altcoin season index may not confirm a historic altcoin season yet, but all signs point to an impending shift. Declining Bitcoin dominance, rising altcoin volume, surging DeFi activity, and regulatory wins for stablecoins and ETFs are setting the stage for a potential altcoin market breakout. To capitalize on this trend, investors should closely monitor changes in the altcoin season index, track new ETF approvals, follow the momentum in DeFi and RWA, and stay informed on upcoming regulatory changes. Altcoin season is building momentum, and those prepared will be well-placed to benefit as 2025’s altcoin opportunities unfold.