Lately, I often see questions about why altcoins aren't rising. In fact, when you look at the numbers, the reasons become quite clear.

Currently, Bitcoin accounts for over 57% of the entire market, with a circulating market value exceeding $1.5 trillion. Meanwhile, the total market size of all altcoins is just over $1 trillion. When the gap widens this much, it becomes evident that altcoins are unlikely to rise easily.

Recall the situation in October 2020. At that time, Bitcoin's dominance was around 58%, and the overall market was still relatively decentralized. By the peak in 2021, Bitcoin's share had dropped to 42%, and the total market size of altcoins had swollen to $1.2 trillion. In other words, within just a few months, the altcoin sector expanded approximately sixfold.

However, the reason altcoins aren't rising now is due to the scale of capital inflow. To return to the peak levels of 2021, an enormous amount of funds is required. For the altcoin sector to recover to those levels while Bitcoin maintains its current dominance, the entire market would need to expand significantly. The difficulty of this is far greater than it was in 2021.

In other words, the reason altcoins aren't rising is largely due to market maturation and Bitcoin's strengthening dominance. Unless the flow of funds changes, a revival of the altcoin sector won't be easy.