Эксперты выделили три ключевых фактора, способствующих росту альткоинов Translation: Experts Identify Three Key Factors Driving Altcoin Growth

The altcoin growth phase has officially commenced, as the altseason index has reached its highest point since late 2024. Analysts have identified key elements driving the rise of these coins, according to DLNews.

Data from Blockchain Center indicates that 75% of the top 50 cryptocurrencies have outperformed Bitcoin in terms of returns over the last 90 days.

A similar trend can be seen on the Altcoin Season Index chart by CoinGlass, which rose to 80 points on September 15.

In the past six months, Bitcoin’s market share has diminished by 6%, now standing at 58%. A decline in this metric typically signals the onset of an active altcoin growth period.

Shane Molidor, founder of Forgd, explained that investors have started to rebalance their portfolios in favor of «alternative» coins following Bitcoin’s dominance at the beginning of the cycle.

The first catalyst for the altseason is the anticipated reduction of the Federal Reserve’s key interest rate on September 17. Market participants are fully expecting a loosening of monetary policy, which would inject liquidity into the financial system and stimulate demand for high-risk assets.

Kyle Chasse, founder of venture company MV Global, noted that a 0.5% rate cut, as opposed to the projected 0.25%, «could trigger a powerful and unexpected rally.»

Molidor stated that as risk appetite grows, L2 tokens and ecosystem coins with substantial trading volumes and income will likely become prime candidates for corporate reserves. He believes this will significantly increase demand for these assets and drive their growth.

«By issuing debt and purchasing crypto assets, companies create a self-sustaining momentum of a reflexive feedback loop for rising prices,» emphasized Sean Dawson, head of research at Derive.

Annabel Huang, founder of Altius, views the trend of public companies accumulating cryptocurrencies as likely to persist. However, this will only affect «quality altcoins with sustainable incomes, proven economic models, and healthy user metrics.»

Molidor further specified that Ethereum, Solana, and BNB fit these criteria.

In the past, Bloomberg analyst James Seyffart announced the beginning of a «corporate» altseason, stating that only those coins included in company reserves will rise.

Experts identify regulatory clarity as the third catalyst. Previously, SEC Chair Paul Atkins noted that most tokens are not securities and called for unified regulations in the crypto market.

Currently, the regulator is evaluating over 90 applications for spot ETFs based on various altcoins, including Solana, XRP, and Litecoin. Many believe that approving these instruments will act as a bullish factor for the underlying cryptocurrencies.

Analysts from Bitfinex are confident that the growth phase for «alternative» coins will not begin until new exchange-traded funds are approved.

It’s worth mentioning that Timo Oinonen, a CryptoQuant author and on-chain analyst, pointed out the end of the era of «mass altseasons.»