Altcoin Frenzy Builds: Index Jumps 225% in 21 Days—Is Crypto’s Wildest Season Finally Arriving?
2025-07-16 16:38:49
Main Idea
The Altcoin Season Index (ASI) has risen significantly from 12 to 39 in 21 days, indicating a growing altcoin frenzy, though it has not yet reached the threshold for an official altcoin season.
Key Points
1. The Altcoin Season Index (ASI) increased from 12 to 39 over 21 days, nearing the 75 threshold required to declare an altcoin season.
2. PENGU led the altcoin surge with a 567.3% gain, followed by BONK (183.3%), HYPE (176.1%), AAVE (133.7%), and SEI (116.4%).
3. Ethereum (ETH) rose 95.7%, while other notable performers included Stellar (XLM) at 93.7%, SUI at 84.6%, and PEPE at 75%.
4. Crypto trader Sensei predicts altcoin season is 'just getting started,' citing historical patterns and expecting significant gains in the next six months.
5. Ethereum's 23% weekly gain outpaced Bitcoin's 10%, further fueling speculation of an impending altcoin season.
Description
Over a span of 21 days, the Altcoin Season Index (ASI)—which rates between 0 and 100, with anything above 75 signaling an altcoin season—climbed significantly, rising from just 12 to 39 by July 16. From BONK to PENGU: Some Crypto Assets Are Exploding in Value as Altcoins Scream for Attention As of 11 a.m. Eastern
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