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Altcoin Season Index at 37: Bitcoin Dominates as XRP, Stellar, Chainlink Rise

2025-08-08 19:03:52

Altcoin Season Index at 37: Bitcoin Dominates as XRP, Stellar, Chainlink Rise

Main Idea

Bitcoin continues to dominate the cryptocurrency market with over 60% dominance, while altcoins like XRP, Stellar (XLM), and Chainlink (LINK) show renewed momentum and gains.

Key Points

1. XRP is trading near $3.23 with a 24-hour volume exceeding $12.8 billion and a market cap above an unspecified threshold, following a 65% price increase in July.

2. Stellar (XLM) is priced at $0.44 with a market cap over $13.9 billion and a 50% price increase, showing potential to reach $0.80 if demand persists.

3. Chainlink (LINK) trades above $19, with 67% green days in the past month and projections suggesting movement toward $17.95 by the end of August.

4. The Altcoin Season Index is at 37, indicating a narrower altcoin season focused on liquidity and utility rather than speculative trends.

5. XRP surged over 13% after Ripple and the SEC dropped final appeals in their landmark case.

Description

Signs of an altcoin season remain limited , but movement among selected tokens is building. As Bitcoin maintains dominance above 60%, some traders are turning to alternative projects with clear use cases or persistent liquidity. XRP, Stellar (XLM), and Chainlink (LINK) are among the assets showing renewed traction. XRP Maintains Momentum Above $3 XRP is trading near $3.23 , based on CoinMarketCap data. Volume over the past 24 hours is more than $12.8 billion, and the current market cap stands at...

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