Altcoins Outperform Bitcoin as Record Bullish Streak Lasts 31 Days, 10x!
Altcoins have been stealing the show this season, breaking records and outperforming Bitcoin in ways the market hasn’t seen in over a year. A new report from 10x Research shows that Altcoins have outperformed Bitcoin for 31 consecutive days, breaking the yearly record.
As a result, many traders are getting excited, believing that the long-awaited “altcoin season” has finally arrived. But has it really started?
Altcoin Chain Breaks Record
According to 10x Research , their tactical altcoin model, which tracks when altcoins are likely to outperform Bitcoin, has now remained in “altcoin-first” mode for 31 consecutive days.
However, this is the longest streak in more than a year, breaking the previous highs of 25 days in November 2024 and 19 days in March this year.
Typically, Bitcoin dominates when the market is bullish. However, since July, data shows that Bitcoin's dominance has dropped to around 60% while the total cryptocurrency market cap continues to rise.
This is a typical sign that altcoins are increasing in price faster than Bitcoin, a sign that altcoins are starting to increase in price strongly.
Global trade is changing
One surprising factor behind this altcoin rally is the sharp increase in trading volume from South Korea, which recorded around $4 billion in cryptocurrency trading over the weekend. This shows that interest in cryptocurrencies is strong worldwide, not just in the US or Europe.
Altcoin Season Officially Begins
Supporting 10x Research’s bullish outlook, crypto trader Captain Fiabik believes the long-awaited “altcoin season” has finally arrived.
In his words: “The wait is over. This is the moment we have all been waiting for!”
Unlike previous years, both Bitcoin and altcoins are rising together, signaling a stronger and more widespread bull run.
Over the past week, several top 20 projects have posted double-digit gains, while smaller-cap tokens have seen even bigger spikes. Ethereum, the largest altcoin, has outperformed Bitcoin, surpassing $4,200, a price not seen since 2021.
The numbers prove it.
The Altcoin Index is currently at 43 , meaning that 43% of altcoins are outperforming Bitcoin. While it hasn’t reached the traditional 75% threshold used to officially confirm an altcoin season, the momentum is strong enough that many traders consider this to be the real start.