The influence of the Bitcoin market (BTC) has decreased slightly, resulting in a change of funds to altcoins.
Glassnode reported on X that the domination of the Bitcoin market capitalization increased from 63.76% to 60.78% in last week. This 2.98% drop -down decrease marks one of the biggest weekly decrees this year.
Institutional investors show interest in altcoins
At the time of writing this document, the domination of the BTC increased by around 0.5%, demonstrating a slight return after reaching almost 60%. Although this may be the case, some market analysts believe that recent data demonstrate institutional interest in altcoins.
Mati Greenspan, CEO of Quantum Economics, told Cryptonews that, even if Bitcoin Funds Bitcoin (ETF) exchanges see outings after an epic race, the industry is witnessing an increasing institutional interest for Ethereum (ETH), Solilana (Sol) and Ripple (XRP).
Greenspan explained that one of the most important measures to be monitored to identify the start of the “Altcoin season” is the Bitcoin dominance table. This measures the market value of Bitcoin compared to the rest of the cryptographic space.
“Barely a month ago, the domination of Bitcoin was held almost 66%. On Monday this week, it fell to almost 60%, most of this move taking place during last week,” said Greenspan. “The message is clear: after a period of prolonged Bitcoin consolidation, altcoins are back in style.”
Danny Nelson, analyst at Bitwise Asset Management, also told Cryptonews that the recent Bitcoin rally and the resumption of Ethereum had renewed the interest of investors in certain sectors of the Altcoin market.
“In Bitwise, we certainly answer more questions about Cardano (ADA), Ripple, Polkadot (Dot), Solana and other altcoins,” said Nelson.
According to Greenspan, it is a sign that “mature capital is diversifying in the wider blockchain infrastructure games”.
Altcoins dominating the cryptography market
This seems to be the case, because altcoins like Ethereum are reinforced by institutional entries and successful ETH Spot. In recent weeks, these ETFs have recorded positive flows totaling more than 100,000 ETH.
A new research report on the Binance Crypto Exchange also shows that BNB has reached a historic summit of all time this week.
The report note: “BNB broke its top of $ 794 previous, decisively breaking the key psychological barrier of $ 800 to establish a new peak.” The report stresses that this brought the total market capitalization of the token at $ 112 billion.
According to Binance Research, a new wave of “BNB Treasury” strategies seems to emerge among the listed companies. Companies are apparently starting to hold BNB as a reserve asset to improve treasury yields, improve liquidity and obtain strategic exposure to the cryptography ecosystem. According to the founder of Binance CZ, at least 30 teams actively explored this strategy.
In addition, Cardano becomes a leading platform in decentralized financial space (DEFI). The total locked value (TVL) in Defi sur Cardano increased from $ 1.2 billion to $ 2.5 billion this year. This week, the Cardano ADA jumped 1.31% while the FNB 2025 approval ratings reached 90%, attracting institutional capital.
Altcoin interest takes up challenges
However, although the institutional interest in Altcoins is obvious, Nelson remains somewhat skeptical.
“I am doubtful that institutions attach a resumption of altcoins,” he said. “Despite the crypto of Great Strides taken in 2025, we have not yet reached a critical mass of understanding.”
Altcoins show wide strength after #BitcoinThe advance, but the increase in interests open in the sector suggests that speculative foam could build, which increases the risk of clearer volatility.
Discover more in the last week on the channel below
pic.twitter.com/7frdw4bgeu
– Glassnode (@glassnode) July 23, 2025
More importantly, Nelson noted that the cryptographic industry does not yet have the funnels that most institutional capital need to place in Altcoins. He thinks that this will not happen before the launch of additional graded products (ETP) products.
Jake Claver, CEO and founder of the Digital Ascension Group asset management company, told Cryptonews that he thought that a great rotation for the Bitcoin ETF would end up circulating in the ETF XRP once approved.
It can take longer than expected, however. For example, while an ETF XRP approval was expected this week, the American Securities and Exchange (SEC) commission suddenly reversed the approval of the Crypto ETF of Bitwise Asset Management.
On July 23, the DIAL trading and market division initially launched the transition from the Crypto Bitwise 10 to an ETF index, which would have marked the first American multi-active crypto ETF. However, the decision was suspended by the deputy secretary Sherry R. Haywood, citing the need for a complete examination of the Commission under rule 431.
What is the next step for Altcoins?
If it seems that a new season of Altcoin is underway, Greenspan commented that in writing, the cryptography industry see a notable withdrawal in many altcoins.
“This is probably due to a correction after the massive climb last week. Bitcoin remained quite stable in contrast, consolidating near his peaks of all time,” he said.
Alex Tapscott, director general of the Ninipoint Digital Asset Group, added that if Bitcoin Dominance continues to decline, a real season of Altcoin will probably emerge. He also added that this could slightly cut the Bitcoin ETF entries while the capital runs in other assets.
“Given the inherent reflexivity of the crypto, the flows in cryptocurrency, whether FNB or public companies, are a net positive for the ecosystem,” commented TapScott. “Access so that investors can be exposed to crypto has never been more democratized than today.”
The Altcoins post is gaining ground with institutional investors, but challenges are first on Cryptonews.
