- Altcoin rally drives Total2 market cap 45% higher since June.
- 87% of Binance altcoins trade above 200-day averages.
- Exchange deposits rise as traders watch selling pressure risks.
The altcoin rally is gaining strength as capital rotates beyond Bitcoin into a broader range of cryptocurrencies. Since June 2026, Total2, which tracks the market capitalization of altcoins including Ethereum, has attracted more than $371 billion in inflows. The index has increased by 45% during this period. Market data also shows wider participation across Binance-listed assets, with 87% trading above their 200-day moving averages.
Altcoin Rally Shows Broad Participation Across Markets
The current altcoin rally has spread across multiple assets rather than remaining limited to a few large-cap cryptocurrencies. Darkfost shared CryptoQuant data showing that only 13.6% of Binance-listed altcoins remain below their 200-day moving averages.
In August, around 80% of Binance-listed altcoins traded below this trend indicator. The shift shows a major change in market momentum as more tokens recover above long-term averages.
More Crypto Online noted that Total2 has returned near levels associated with the 2016 and 2017 altcoin cycle. Meanwhile, Javon Marks highlighted improving altcoin performance against Bitcoin after several assets moved through accumulation ranges. However, rising activity has also introduced new market risks.
Altcoin Rally Faces Pressure From Rising Deposits
The altcoin rally is now being tested by increasing exchange activity. CryptoQuant data showed around 70,000 altcoin deposits on September 25, marking the highest level since October 2025.
Higher deposits can improve trading liquidity, but they also increase the amount of tokens available for selling. If buying demand slows, larger exchange balances may contribute to sharper price movements.
Stablecoin supply remains near $305 billion, suggesting that fresh liquidity growth has not accelerated alongside rising asset prices. At the same time, increasing open interest could expose the market to stronger volatility if leveraged positions expand faster than spot demand.
The balance between new capital inflows, exchange supply, and derivatives activity will shape the next phase of the altcoin rally.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
