@ericftss
Alt season often arrives when altcoin dominance over total crypto market cap expands significantly. The altcoin-to-Bitcoin price performance gap is a strong metric—if many alts vastly outperform BTC over weeks, that’s a green light. Another signal is rising transaction counts and unique wallets on alt networks like Ethereum or Solana. Elevated social volume, search trends for alt projects, and crypto sentiment indices—when strongly bullish—temper metrics too. Moreover, DeFi total value locked surges and NFT trading spikes are alt strength reflections. Lastly, derivatives metrics such as elevated perpetual futures funding rates for altcoins can reveal investor enthusiasm. Alt season is real when multiple signals align across performance, usage, and sentiment metrics.
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