A report from Kaiko Research and Blockhead Research Network suggests that future altcoin seasons may be more concentrated.
The prediction is based on the increased concentration of trading volume among high market cap altcoins, indicating a shift towards institutional demand.
Certain lower-cap altcoins with strong use cases tied to key narratives and US-based altcoins may still see strong price action.
Macroeconomic headwinds and policy uncertainty in the US are affecting investors' appetite for higher risk, low-cap altcoins.