Binance Altcoin Volume Share Hits Record 82.3%. Altseason Incoming?

Key Points

• Binance altcoin futures share hits record 82.3%, surpassing 2021 altseason peak.
• TOTAL3 holds above $1.09T; a reclaim could spark renewed bullish momentum.
• Central bank liquidity drops, historically signaling favorable conditions for crypto rallies.

Binance’s altcoin futures volume share has surged to an all-time high of 82.3%, surpassing the 2021 peak of 76%. This marks a clear shift in trader behavior, signaling rising confidence in altcoin opportunities over Bitcoin.

Altcoins such as ASTR, SOL, and PUMP are gaining massive attention due to sharp price movements and speculative interest. For example, Astar (ASTR) posted a 250% weekly gain, boosting short-term sentiment.

Traders now favor altcoins as they seek better profit potential and higher volatility in futures markets. As a result, Bitcoin’s share in Binance futures volume continues to fall despite its price growth.

This record-high altcoin share reflects the strongest altcoin dominance since the previous bull run. Yet, it now exceeds 2021 levels, reinforcing signs of an early altseason phase.

Market Trends Support Altseason Narrative

Total crypto market cap excluding BTC and ETH (TOTAL3) remains above $1.09T after testing a key trendline near $1.12T. If it reclaims that level, the recent drop could be confirmed as a fakeout, which may trigger bullish momentum.

Historically, similar setups have led to strong rallies toward previous highs, and TOTAL3 may soon retest $1.25T. This aligns with a rising altcoin volume share, indicating capital rotation into riskier assets.

Meanwhile, CoinGecko reports the total crypto market cap has crossed $4T after gaining 2% in a single day. Bitcoin rose 2.3% to $114,355 while Ethereum and BNB posted 1.9% and 3.1% gains respectively.

Bitcoin dominance climbed to 58.10%, though altcoins still lead in volume growth. Open interest reached $201.53B, up 0.63%, showing increased activity in derivatives markets.

Additionally, central bank liquidity is showing early signs of a decline, which historically aligns with crypto rallies. As liquidity drops, traders often reallocate funds into digital assets like BTC and altcoins.