The Altcoin season is not unfolding evenly. Some tokens advance on new participation while others offer quieter signs that shape positioning. Reading the tape means weighing price against depth, flow, and the types of trades that appear when liquidity turns.
Today’s mix captures this split. MYX is firm and trending upward. Bittensor adds a small gain that still counts for the overall AI. Solana’s price is barely moving, but volume is climbing about 12%, a sign that larger trades are being executed without forcing the print.
MYX Finance (MYX): offers return with active two-way flow
MYX is currently trading near $3.35, up 15% in 24 hours. The data shows higher turnover on major pairs and continued interest in perpetuals. This combination generally supports the type of stair-stepping action seen this week.
Analysts point to two immediate factors. First, the ongoing debate over recent airdrop allocations has kept MYX on screens. The scrutiny invites discussion from both sides, which deepens the books and invites mean-reversion setups around the headlines. Second, quotes and new pairs have expanded access, making it easier for momentum and liquidity seekers to participate.
The structure of the move is important. Orderly pullbacks rather than disorderly gaps followed breakouts from recent intraday highs.
Funding remained near neutral for most sessions, a sign that spot demand is participating rather than simply exerting leverage. Traders will monitor whether open interest can increase alongside spot volume without unbalancing funding. If this holds, MYX can maintain its place in rotation.
Bittensor (TAO): Steady gain with useful readings for AI basket
Bittensor is now trading around $441, up 8% in the last 24 hours. Reports describe mixed action between AI and compute tokens, which corresponds to TAO’s restricted day. Even so, TAO continues to maintain the levels recovered last week, preserving the possibility of another attempt if category flow improves.
Bittensor Price (Source: CoinMarketCap)
The literature review focuses on two markers. The first is whether open interest can build while funding remains contained, which would suggest a return of cash buyers rather than a one-way race.
The other is the supply schedule that traders have been watching over the past few sessions. When markets price these dates effectively, smaller daily gains can still indicate constructive positioning. For now, the signal is one of patience and not urgency.
Solana (SOL): flat rate price with increasing turnover
Solana shows little price change, but 24-hour volume is up about 9%. This split often appears when participants rebalance between large and mid caps without looking for a breakout. Execution occurs, but not at levels that alter the fence.
The analysis highlights several plausible sources. Dealers are hedging their exposure as financing normalizes. Programmatic strategies alternate between spot and perpetual strategies because spreads invite basis trades. Liquidity providers are adjusting their inventories as memecoins and DeFi pools on Solana remain active. Any of these can cause volume to increase while price remains anchored.
For traders following the altcoin season, this still matters. A flat band with increasing activity may precede movement once flows tilt in one direction. It also suggests that depth is healthy, which is a prerequisite for a sustainable recovery when risk appetite improves.
Altcoin Season Reading
MYX wins with a cleaner advancement built on active two-way flow and expanded access. Bittensor provides a small gain that keeps the entire AI engaged and provides a read on positioning rather than euphoria. Solana’s higher volume without price increases portends stable participation and resilient books.
The short-term checklist is simple. For MYX, monitor open interest, funding, and whether spot volume is keeping pace. For TAO, follow the hold above recent support and the behavior of the AI basket as a whole. For SOL, monitor spreads, depth, and whether the next burst of activity leans toward a long or short position. If these markers hold, this altcoin season rotation may persist even when only one of the three is green.
The article Altcoin Season Watch – MYX Pumps, Bittensor Holds on to Gains, Solana Loads the Spring appeared first on Cryptonews.
