Altcoins Outpace Bitcoin Over 30 Days While Market Index Remains Neutral
Eight alternative cryptocurrencies outpaced Bitcoin over a 30-day window, though broader market indexes indicate altcoin season criteria have not been met.
Eight major altcoins generated returns at least three times greater than Bitcoin over a 30-day period, led by NEAR Protocol's 120.7% surge versus Bitcoin's 6.4% increase. Other notable 30-day gainers included Sui at 47.5%, Aave at 40.4%, Avalanche at 37.3%, Uniswap at 25.0%, Litecoin at 21.9%, Hedera, and Cardano at 20.0%.
Short-term momentum has weakened, as six of the eight tokens declined over the past week. Only NEAR and Cardano maintained upward trajectories with weekly gains of 13.0% and 3.0% respectively, while Uniswap dropped 18.9% and Litecoin fell 8.0%.
Market tracking metrics show that formal criteria for an altcoin season remain unmet. The Altcoin Season Index stood at 51 as of October 10, 2026, well below the 75 threshold that requires three-quarters of the top 50 cryptocurrencies to outperform Bitcoin over a 90-day tracking window.
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