ETH Dominance is rising, ALT season is potentially around the corner.

ETH season is here, and it is glorious!

ETH has punched through the 4k barrier in the last few days, and even touched 4.3k a couple of times. I expect there will be a bit more of a tug of war before the next break out.

In the last 30 days, ETH is +46% while the market leader, BTC, is just +1%.

From 0.025 to 0.036 in the ETH/BTC ratio.

In the last 90 days, ETH is +71% the market leader, BTC, is +11%.

We can see from the graph and stats below, ETH dominance has risen quite nicely compared to the rest of the market.

Coin Dominance Change Since May 2025 - Graph

This data reflected by the graph.

Coin Dominance Change Since May 2025 - Data

History doesn't always repeat itself, but it often rhymes.

Throwback to the last cycle; after BTC Dominance reaches it's high, ETH moves next, followed by the mythical alt-season!

2021-2022

Granted, there are a LOT more projects up and running now, but we have seen the first step, which is ETH start to rise accordingly. Should history rhyme, ETH will continue to out-perform the market leader for another period of time, until the markets become euphoric and we enter the alt-season.

https://www.thealtsignal.com/ According to the alt-signal we are now 3/6 checks highlighting this!

As I said, history doesn't always repeat itself, but it often rhymes, and a lot is different this time round in terms of sentiment, regulation, adoption, politics, economy etc, but at the same time; if the crypto-cycle continues once again, we are in for one hell of a ride!

Note: Data sourced from Coingecko.