With Bitcoin dominance falling below 60% for the first time in six months, Ethereum has surged to near its all-time high, fueled by strong DeFi growth and institutional investment. This raises questions about whether we’re witnessing the start of an altcoin season. While key metrics like ETF inflows and trading volumes suggest a shift in market dynamics, the Altcoin Season Index remains neutral at 51. Ethereum’s dominance, while significant, may not yet be enough to confirm a full-blown altcoin breakout. Further signs include growing capital rotation, particularly into Ethereum ETFs, and the increasing interest from institutional investors such as BitMine, SharpLink, and Ether Machine. But is this just a temporary surge or the beginning of a sustained altcoin season? Only time will tell. Subscribe to our newsletter for daily insights on the cryptocurrency revolution.