More than 40% of altcoins have reached or are near all-time lows, signaling deepening structural weakness. It noted that excessive token supply on Solana, Base, and BNB Chain is driving liquidity fragmentation and making altcoins more vulnerable. This extreme underperformance phase can offer attractive opportunities for selective investors, provided they focus on resilient projects.
As geopolitical tensions stemming from the Middle East and broader macro uncertainty persist, the altcoin market is increasingly showing signs of deepening structural weakness. Altcoins are under stronger pressure in this cycle than ever before.
The analyst pointed out that ‘this excessive token supply disperses liquidity and makes altcoins increasingly vulnerable.’ The report explained that there are currently more than 47 million crypto assets in the market, and estimated that about 22 million were issued on Solana, more than 18 million on Base, and 4 million on BNB Chain.
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