Altcoins Take the Spotlight: BNB, ASTER Lead as Bitcoin Dominance Declines

Several top altcoins have tumbled this week, which triggered a liquidation of leveraged ￰0￱ the setback, data suggests that the long-awaited altseason could be underway, as Blockchaincenter’s Altcoin Season Index hit a perfect 100 on September 20th. Q4 Crypto Rally Incoming According to CryptoQuant, Binance Coin (BNB) appears to be leading the charge after recently surging to its $1,000 target price, entering price discovery territory, while a new Hyperliquid competitor, Aster (ASTER), backed by Changpeng Zhao (CZ), has soared an impressive 300% since September 19th. Aster, focused on decentralized finance (DeFi), aims to deliver fast, secure, and low-cost transactions on its own blockchain while emphasizing interoperability and scalability across ￰1￱ rapid appreciation of these tokens pointed to an investor appetite for high-beta assets, as traders seek opportunities beyond Bitcoin (BTC) and Ethereum (ETH).

CryptoQuant also found that exchange reserves are reaching record highs and are providing a strong foundation for continued altcoin rallies. Binance’s ERC-20 stablecoin reserves, for example, have climbed from August’s $32 billion low to $43 billion, a 34% increase, which depicts a notable pool of sidelined liquidity ready to fuel market ￰2￱ influx of deployable capital could help altcoins maintain momentum through the end of 2025 and into early ￰3￱ ahead, Q4 is expected to bring even higher volatility and a continued decline in Bitcoin dominance, as Ethereum and other altcoins tend to benefit from seasonal ￰4￱ per the Energy Value Model (EVM), developed by Charles Edwards of Capriole Investments, Bitcoin’s fair value lies between $145,000 and $168,000.

At the current $113,000 price, Bitcoin trades at over a 20% discount to this metric, which further validates the potential for upward pressure. “After Bitcoin and Ethereum, investors will look for higher beta assets and small-cap tokens, creating a favorable altseason environment.” BNB Chain Rides ASTER Wave BNB and ASTER are fueling major activity on BNB Chain, allowing it to surpass Solana in daily fees for three straight ￰5￱ surge is directly linked to Aster ￰6￱ spike in network usage was indicative of the fact that BNB and ASTER are central to BNB Chain’s growing adoption and have catalyzed fee revenue, DEX activity, and protocol ￰7￱ transactions, development activity also surged, as BNB Chain ranked second among blockchain ecosystems for 30-day development events.