Searching for the keyword 'altcoin' on Google has reached its highest level in 5 years.

The search volume for "altcoin" on Google has reached its highest level in 5 years, equivalent to when Ethereum was first launched. This trend coincides with Bitcoin's dominance rate decreasing to 59–61% after peaking in mid-summer, which often signals a strong growth phase for altcoins. Ethereum has surpassed 4,500 USD, while institutional capital is strongly shifting towards large-cap altcoins. CoinShares recorded a record 4.39 billion USD in digital asset products at the end of July, with Ethereum alone accounting for 2.12 billion USD.

On-chain data shows that the trading volume of perpetual DEX in Q2 reached 898 billion USD, with a market capitalization of (excluding BTC and ETH) recovering to approximately 900 billion USD after 7 months of decline. The volatility gap between altcoin and Bitcoin is widening, reminiscent of the "alt season" contexts of 2017 and 2021. This trend depends on whether Bitcoin continues to accumulate or regain dominance.

Searching for the keyword 'altcoin' on Google reaches a 5-year high

ETH-4.34%
BTC-1.09%
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