The crypto market has bogged down after a bullish move just yesterday. As a result, the market capitalisation of the business now stands at $2.89 trillion. However, seasoned traders seized the opportunity, which led to the intraday trading volume surging by 10.07% to $129.65 billion. The drop coming ahead of pivotal events like Trump signing the executive order, Powell’s speech, U.S. jobs report, and Federal Reserve’s Monetary Policy Report has been a bummer for the industry. This has influenced the Fear & Greed Index to remain under the fear territory and a score of 30.
Bitcoin Price Recorrects to $88k
Bitcoin price has dropped by 4.42% in the past 24 hours to trade at $88,331.21. The $58.51 billion worth of trade volumes did little to push the flagship cryptocurrency’s price on the daily chart. BTC price did not react to Donald Trump signing an executive order to establish a Bitcoin reserve, which intends to position Bitcoin in line with traditional gold reserves.
As per Coin Market Cap’s “Altcoin Season Index”, the current score stands at 14 out of 100, indicating that the market remains in Bitcoin season. Leading altcoins experienced a broad decline, with Ethereum down 6.26% to $2170.17, XRP dropping 1.54% to $2.50, and Solana sliding 5% to $142.48.
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects.
Hoskinson emphasized that judging a project solely by its token’s price is a flawed approach. He pointed out that Cardano has grown from a $72 million startup into a $25 billion ecosystem, with over 3 million users worldwide.
He stressed that Cardano has consistently delivered on its development roadmap, achieving major milestones while maintaining a focus on security, scalability, and decentralization.
Blasts Crypto Hype Culture
Mocking a recent trend where traders were encouraged to sell ADA for a now-collapsed project, Hoskinson criticized the “get rich quick” mentality. He warned against expecting 10x or 100x returns from fundamentally strong projects like Cardano, arguing that true success should be measured by technological innovation and real-world impact, not price speculation.
In the last 30 days, ADA’s price has climbed 4.1%, including an 11.9% rise over the past week. However, it saw a slight dip of 0.4% in the last 24 hours — a typical fluctuation in a volatile market.
Innovation Over Price: Hoskinson’s Message to Crypto Investors
Hoskinson urged the crypto community to shift focus from short-term price movements to genuine innovation. He also voiced his support for the Trump administration’s new efforts to bring regulatory clarity to the U.S. crypto sector, noting that clear regulations are essential for long-term industry growth.
Conclusion: Cardano’s Path Forward
Hoskinson’s message is clear: innovation, not hype, will determine the future leaders of the crypto industry. Despite criticism, Cardano’s consistent growth, robust technology, and regulatory-friendly approach position it as a project built for lasting success — not fleeting price pumps
The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects. Speaking on a podcast with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto …
Altcoin season may be taking shape in a new and less predictable way in 2025. While the market recently saw a brief altcoin rally, analysts believe these mini-cycles will continue to appear before a broader, more sustained shift occurs.
Bitcoin dominance has dropped sharply, and altcoins have started to outperform BTC in the short term, but broader indicators suggest this rotation is still selective. Unlike past cycles, the next altcoin season could be more fragmented, favoring projects with strong fundamentals and execution rather than lifting the entire market.
Bitcoin Dominance Drops to March Lows as Altcoins Gain Ground
Bitcoin dominance has dropped sharply over the past six days, falling from 65.39% to 62.5%—a decline of nearly 5 basis points and its lowest level since March 31.
This shift suggests that capital is beginning to flow away from Bitcoin and into altcoins, weakening BTC’s share of the total crypto market cap.
Bitcoin dominance tracks the percentage of the overall crypto market made up by Bitcoin. A falling dominance level often signals the start of an altcoin season, where smaller-cap tokens outperform Bitcoin.
A notable example occurred in late 2024, when dominance dropped from 61.1% to 55% between November 21 and December 7, sparking a broad altcoin rally. If this trend continues, altcoins could see renewed momentum in the days ahead.
According to Marcin Kazmierczak, Co-founder & COO of RedStone:
“The recent mini altseason reflects growing investor interest in altcoins, driven by or possibly resulting from falling BTC dominance. It’s possible we’ll see sustained rallies, especially as the market matures and more projects gain traction. However, I expect that, unlike past cycles, the market will continue the trend of not all altcoins benefiting equally — projects with strong products and excellent go-to-market strategies will likely outperform, while others may struggle to maintain momentum.” – Kazmierczak told BeInCrypto.
Top Altcoins Outpace Bitcoin This Week, But YTD Gap Remains Wide
Year-to-date, Bitcoin (BTC) continues to dominate most of the altcoin market, outperforming 11 of the top 12 altcoins. The only exception is XRP, which has posted a 23% gain this year, slightly edging out Bitcoin.
This performance gap is one reason the broader market has remained in a Bitcoin-led phase, with capital largely consolidating around BTC rather than spreading evenly across the altcoin space.
However, the trend has shifted sharply in the past seven days. Despite BTC rising 7% during this period, it was outperformed by all of the top 12 altcoins—most notably by Ethereum (ETH), which jumped 43%, and Dogecoin (DOGE), which surged 36%.
This short-term reversal may indicate the early stages of a potential altcoin season. According to Aurelie Barthere, Principal Research Analyst at Nansen, Solana looks bullish:
“We like SOL for strong fundamentals plus stabilizing 50-day moving average vs BTC.” – Barthere told BeInCrypto.
If altcoins continue to sustain this momentum and outperform BTC more consistently, it could signal a broader market rotation away from Bitcoin dominance and into the altcoin sector.
Altcoin Market Cap Rises, But Index Signals BTC Still Leads
The total market cap of altcoins has surged over the past week, rising from $1.07 trillion to $1.30 trillion—a significant increase signaling strong inflows into the altcoin sector.
Despite this growth, the CoinMarketCap Altcoin Season Index has declined from 35 to 31 in the same period, showing that most altcoins are still underperforming relative to Bitcoin.
This disconnect suggests that while money is flowing into altcoins, it’s not yet broad or strong enough across the top 100 assets to trigger a true altcoin season.
The CMC Altcoin Season Index measures whether the market is favoring altcoins over Bitcoin by analyzing the performance of the top 100 altcoins.
If at least 75% of them outperform Bitcoin, it’s considered Altcoin Season; if 25% or fewer do, it’s Bitcoin Season. The index ranges from 1 to 100 and updates daily.
With the current value sitting at 31, the market remains in a Bitcoin-dominated phase, despite the rising altcoin market cap—highlighting that only a limited number of altcoins are driving the gains.
