Market indicators suggest a potential shift toward an ‘altcoin season,’ with Bitcoin’s dominance declining. Major altcoin prices, including ETH, SOL, and ADA, are experiencing significant price fluctuations, fueled by growing DeFi activity and institutional investment interest. This resurgence follows historical trends suggesting that periods of increased altcoin activity often precede larger market cycles. Analysts note that this change is also driven by growing confidence in the crypto space as witnessed by rising ETH/BTC ratios. Some industry experts remain cautiously optimistic, with one analyst highlighting the potential for a new altcoin season beginning in May 2025 based on historical patterns and Ethereum’s performance.