Data: Over 40% of altcoins are approaching historical lows, exceeding the proportion seen in the previous bear market.

MeNews · 2026-03-31T12:25:38+00:00

According to a report by CryptoQuant analyst Darkfost, over 40% of altcoins are trading near historical lows, a figure higher than the 38% during the previous bear market. Geopolitical tensions have severely impacted altcoins, and liquidity dilution has exacerbated their fragility. Approximately 47 million cryptocurrencies have been issued globally, with 22 million of them being Solana.

MeNews

2026-03-31 12:25:38

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ME News message, March 31 (UTC+8), CryptoQuant analyst Darkfost said that more than 40% of altcoins currently have trading prices that have reached or are nearing their historical lows. This figure exceeds the previous bear-market peak of about 38%. The crypto market continues to be heavily affected by escalating geopolitical tensions, and altcoins are hit especially hard. Darkfost also said that the massive number of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly fragile. Data shows that currently there are about 47 million cryptocurrencies in circulation worldwide; only on the Solana platform there are 22 million, the Base platform has more than 18 million, and BNB Chain also has 4 million. (Source: ChainCatcher)

SOL0.89%

BNB1.29%

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