The current market valuation of altcoins exceeds $879 billion, with analysts predicting a significant rally as they maintain crucial support levels established in October. According to crypto trader and market analyst Michaël van de Poppe, the Total3 market cap, which excludes Bitcoin and Ether, has stabilized around $784 billion.
Market data indicates that the Total3 is approaching its 365-day moving average, a significant support point. Following a sharp decline of about 33% in a single day due to a historic market crash, the altcoin sector is now seeking to regain its previous all-time high of nearly $1.2 trillion from October.
Investors are keenly observing the potential onset of a new altseason, especially after a disappointing 2025 marked by changes in market dynamics. The proliferation of over 29 million cryptocurrencies complicates the landscape, creating competition for limited investor resources.