The crypto market is showing mixed signals, yet some analysts see a clear opportunity. Prominent trader Michael van de Poppe predicts a potential altcoin season with gains between 200% and 500% in the coming months. His optimism contrasts with the current altcoin season index reading of 37, which indicates Bitcoin still dominates market momentum.
Analyst Predicts Significant Altcoin Growth
Michael van de Poppe believes the altcoin market remains undervalued compared to earlier 2025 highs. He says,
“Many altcoins have not yet matched their previous peaks, leaving room for significant upside.”
His projection targets the next two to four months as the most likely period for substantial growth.
I remain all-in into #Altcoins as I think that there's 200-500% to be made in the next 2-4 months.
A lot of #Altcoins haven't really gotten back to their levels from early '25.
Of course, some aren't going to be showing momentum, but the recent move of $ETH is the first step…
— Michaël van de Poppe (@CryptoMichNL) August 7, 2025
Ethereum’s latest price rally fuels his outlook. Historically, ETH gains often lead traders to invest in smaller, riskier altcoins. This pattern could trigger the beginning of a broader altcoin season.

Despite recent market volatility, van de Poppe sees the current conditions as favorable for accumulation. He argues that discounted prices provide a rare entry point. Long-term traders, he says, could benefit if the forecasted rally materializes.
Rising Deposits Hint at Early Altcoin Season
Exchange data supports his view. According to CryptoQuant analyst Maartum, Binance has seen a notable increase in altcoin deposits during the past week. The 7-day transaction count exceeded 45,000, the highest level since late 2024.

This rise in activity suggests renewed trader interest. However, social media discussions about altcoins have dropped compared to last month. Van de Poppe notes that quiet sentiment often precedes strong breakouts.
The altcoin season index remains below 40, pointing to Bitcoin’s dominance. Yet, several major altcoins recently posted daily gains between 4% and 15%, showing early signs of recovery. These include Ethereum, XRP, Solana, Cardano, Sui, and Dogecoin.
Selectivity Remains Crucial in Upcoming Rally
Van de Poppe warns that not all altcoins will benefit equally. Some projects lack community interest or market momentum, which could limit their upside potential. He advises traders to focus on fundamentally strong assets.
The analyst emphasizes the importance of tracking market indicators. Rising deposit volumes and Ethereum’s continued strength could be leading signals for a wider market move. Yet, he notes that Bitcoin’s influence remains a key factor.
As conditions develop, traders will be watching whether Ethereum’s momentum extends to the broader market. If it does, an altcoin season could emerge in the final quarter of the year. The following weeks could determine whether this shift begins.
Summary
The current crypto market remains uncertain, yet Michael van de Poppe expects a possible altcoin season with gains of 200% to 500%. Ethereum’s price momentum and rising altcoin activity on major exchanges support his outlook. The altcoin season index sits at 37, indicating Bitcoin dominance, but early recovery signs appear in several major altcoins. Van de Poppe urges traders to focus on strong projects, warning that weaker assets may lag behind if the rally starts.
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FAQs
What is the altcoin season index?
It is an indicator to quantify how well altcoins are doing compared to Bitcoin over a specified time.
What makes Ethereum affect the altcoin season?
The rallies of Ethereum tend to increase confidence among investors as they are emboldened to take risks with small cryptocurrencies.
So what does a low reading that is less than 40 represent?
It implies that Bitcoin is performing better than the majority of the altcoins in the market.
Which were the altcoins that appreciated in value?
Daily gains topped 15% as Ethereum, XRP, Solana, Cardano, Sui, and Dogecoin each earned 4%.
Are there chances that all the altcoins will increase in the next rally?
No, others can be underperforming because of poor fundamentals or disinterest on part of the investors.
Glossary of Key Terms
Altcoin Season –A time in the market where the majority of the altcoins gain more than Bitcoin.
Ethereum (ETH): the second-greatest cryptocurrency in terms of market capitalization.
Binance – International is one of the largest exchanges in the world in terms of volume of cryptocurrencies.
CryptoQuant: A website that offers analytics of on-chain and market information.
Bitcoin Dominance –The percentage of all crypto market cap that Bitcoin holds.
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