Altcoin Spot Volume Hits Highest Level Since 2025, Nearly 4x Bitcoin

The altcoin spot trading volume has reached its highest level since September 2025, according to Glassnode. The total spot volume is now nearly four times that of Bitcoin's, indicating a shift in traders' activity towards higher-risk digital assets.

This increase in altcoin participation also corresponds with the rising Altcoin Season Index, which has climbed to 62%. This signals broader market involvement beyond Bitcoin and suggests that more major altcoins are outperforming the largest cryptocurrency.

The strengthening of the market is further reflected in exchange deposits. Weekly average deposit transactions have reached levels not seen since October 2025, with over 22,700 on Binance and 8,300 on Coinbase. This could indicate a larger supply positioned for potential trading or profit-taking.