Coinbase Report: Full-Scale Altcoin Season Ahead

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Altcoins are gaining strength in the cryptocurrency market, with analysts at Coinbase suggesting that September could mark the start of a full-scale altcoin season. This comes amid a major drop in Bitcoin dominance as institutional interest in Ethereum

ETH
$4 640

24h volatility:
1.5%

Market cap:
$559.78 B

Vol. 24h:
$65.09 B

keeps growing.
Coinbase Institutional’s head of research, David Duong, noted that Bitcoin’s share of the total crypto market cap has dropped from over 65% in May to about 59% in August, a level not seen since January.

Altcoin Season is coming
As September approaches, the transition to a full-scale altcoin season is likely.
Our positive 3Q25 outlook stems from macro trends such as potential F

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