The crypto market is buzzing with speculation of an impending "altseason" as trading volumes on Binance Futures have skyrocketed. On July 22, 2025, the daily trading volume for altcoins on Binance Futures soared to $100.7 billion, marking the highest level since February 3, 2025. This surge suggests a renewed interest in alternative cryptocurrencies as Bitcoin consolidates after reaching new all-time highs.
Altcoins are currently dominating trading activity on Binance Futures, accounting for 71% of the total volume. In comparison, Bitcoin's share has dropped to just 25%. This shift indicates a significant change in trader focus, with many investors now looking towards altcoins for potentially higher returns. The spike in altcoin trading volume on Binance is being interpreted by some analysts as a signal that retail investors are returning to the crypto markets. Binance is considered a preferred platform for traders, and such volume increases often follow large Bitcoin price movements, as traders reallocate capital into altcoins seeking greater gains.
The surge in altcoin activity comes after Bitcoin broke new highs in July 2025, which has historically ushered in renewed retail interest toward altcoins. Crypto analyst Maartunn noted that while Bitcoin's trading volume has remained relatively stable, altcoins are experiencing a dramatic surge in activity. Experts suggest that investors typically reallocate capital from Bitcoin to altcoins for an altseason to begin. Bitcoin's trading volume has remained stable, while altcoins account for a significant portion of the total trading volume on Binance Futures.
The rise in altcoin trading volume on Binance coincides with substantial net inflows of Bitcoin into exchanges. Over 32,000 BTC have entered CEXs, signaling increased profit-taking and potential distribution by major holders. Historically, such inflow spikes have preceded deeper BTC corrections, potentially freeing up capital to rotate into altcoins. As more BTC enters exchanges, market volatility may increase, especially if demand in altcoins continues to grow.
Several altcoins have experienced significant gains recently. Solana's market capitalization has climbed back above $100 billion, while XRP's market cap hit an all-time high of $208 billion. Ether (ETH) has also remained strong, maintaining a price above $3,000. Some analysts believe the altseason began the previous week, while others anticipate the uptrend to start this week. Still, others suggest that capital will eventually flow into smaller projects. Some analysts believe that the altseason started last week, while others maintain that the uptrend will commence this week. Others insist that this cycle will be no different from past ones and that the capital currently flowing into high-cap assets will eventually rotate into smaller projects.
