What happened?
Altcoin season is seeing a reward in tokens linked to trading depth and protocol activity. Rather than an industry-wide lift, liquidity is clustering around where catalysts have resulted in strong volumes. This rotation is apparent with the tokens Immutable, Aerodrome Finance, and MYX Finance, all of which have seen substantial movement recently.
Who does this affect?
This affects those investing in or trading altcoins, particularly the tokens Immutable, Aerodrome Finance, and MYX Finance. This is because their recent significant movements illustrate how altseason strength is gathered through specific drivers. Each represents a unique strand of the market – gaming and exchange access for Immutable, momentum in the Base ecosystem for Aerodrome Finance, and sustained attention after a rapid rise for MYX Finance.
Why does this matter?
This matters for the market as it shows where current attention in the altcoin season is concentrated. The movements of Immutable, Aerodrome Finance, and MYX Finance demonstrates that altseason often builds through pockets of strength. While broader markets move cautiously, targeted flows into specific assets sustain activity and can create opportunities for traders.