Altcoin Season Index Stalls but UNI, ARB, RAY Catch Bid on On-chain Activity

Description

With the Altcoin Season Index hovering near 40 and Bitcoin dominance rising again, traders are scanning for selective opportunities outside the majors. While not a full-fledged altseason, the current environment is rewarding tokens that connect narrative rotation with actual usage. Uniswap, Arbitrum, and Raydium stand out as examples of DeFi protocols attracting renewed attention as 2025 enters its second half. Uniswap: DEX Liquidity Engine and Governance Token Uniswap continues to anchor decent...