Altcoin Season Returns: Three Key Drivers Fueling the Surge

Altcoin Season Returns: Three Key Drivers Fueling the Surge
The "altcoin season" officially began in early September, according to data from Blockchain Center, when 75% of the top 50 cryptocurrencies (excluding stablecoins) outperformed Bitcoin over the past 90 days. This period, known as altcoin season, signifies a phase where cryptocurrencies other than Bitcoin experience more substantial price gains than the market's largest coin. Experts suggest that this capital rotation from Bitcoin to altcoins is set to accelerate, driven by three pivotal factors: increasingly robust corporate treasuries, a more favorable cost of capital, and an evolving, supportive regulatory landscape. Shane Molidor, founder of crypto investment bank Forgd, highlighted the cyclical nature of the market, stating that "investors are increasingly likely to rebalance their portfolios and allocate more capital into altcoins." This sentiment is further bolstered by Bitcoin's recent performance, which led the current cycle with record-high prices a…