TOTAL3 Returns to Historic Floor Amid Speculation of Altseason

The TOTAL3 index, which tracks cryptocurrencies excluding Bitcoin and Ethereum, has returned to a long-term relative floor associated with previous altcoin market expansions.

This historical support level does not confirm an altseason, as liquidity and market participation remain important factors.

Raydium (RAY), Ethena (ENA), Curve DAO (CRV), VeChain (VET), and Optimism (OP) are five altcoins mentioned in the article that represent different sectors, including DeFi, stablecoins, enterprise blockchain, and Layer-2 infrastructure.