Altcoins Rally While Index and Google Search Lag
Altcoins rallied as bitcoin rose 23.6% and PUMP and ENA nearly doubled. The Altcoin Season Index is 43 and Google Trends ‘altcoin’ score is 26, below broad-altseason levels.
Altcoins posted strong weekly gains while two common measures of a broad altseason remained low. Bitcoin rose 23.6% over seven days and several smaller tokens nearly doubled, but the Altcoin Season Index stood at 43 and global Google search interest for “altcoin” scored 26.
At the time of reporting, bitcoin traded around $77,400, about 38.5% below its record high of $126,080 on Oct. 6, 2025. Ethereum traded near $2,452, roughly 50.4% below its $4,946 peak. Marketwide inflows measured in the hundreds of billions of dollars accompanied the price increases.
The Altcoin Season Index measures whether a majority of the top 50 tokens have outperformed bitcoin over a 90-day period. The index read 43, up from a low of 25 in May, and remains below the 75 threshold commonly used to define an altcoin season.
Top short-term performers included Pump.fun’s PUMP, which rose 99% over seven days and 192% over three months; PUMP remains about 39.7% below its all-time high. Ethena’s ENA climbed 98.57% for the week and 69% over three months, and sits roughly 89.2% below its peak.
Stacks (STX) increased 94.55% in seven days and is still about 94% below its all-time high. Trump (TRUMP) gained 91.55% over the week and remains approximately 96.4% below its peak. Zcash (ZEC) jumped 75.15%, trading near $851 and reaching a fresh intraday high on the reporting day.
Aave (AAVE) rose 65.48% for the week and would need about 78.5% more to return to its May 18, 2021 all-time high. Meme token PEPE gained 59.61% in seven days and remains near 85.4% below its previous top. A small number of tokens fell: jelly (JELLY) -5.48%, just (JST) -4.24%, Centrifuge (CFG) -3.93% and quibic (QUIBIC) -3.36%.
On social media platform X, some traders posted messages declaring an altcoin breakout, including the posts ‘This is f***ing altseason’ and ‘ALTSEASON 3.0 IS COMING.’ Global Google Trends data shows the search term “altcoin” scored 26 out of 100 over the past 12 months and about 80% higher than the prior year; the term approached 100 in September 2025.
The Altcoin Season Index tracks relative token performance among top coins, while Google Trends reflects public search interest. Current figures show selective rallies among certain tokens alongside wide gaps between many coins and their former highs.
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