Bitcoin Season Takes Hold: Altcoin Season Index Plummets

The cryptocurrency market is undergoing a notable shift as the Altcoin Season Index drops to 28, signaling a potential transition towards a period dominated by Bitcoin. The index’s decline reflects increased investor interest in Bitcoin and its dominance within the broader crypto landscape. DeXe, Tron, and Jupiter are among the altcoins experiencing heightened activity due to this shift. DeXe sees a surge in governance participation as investors engage actively with decentralized protocols, while Tron maintains steady TVL metrics despite the market changes.