I took a look at the altseason index these past few days, and honestly, we're starting to see some movement. The indicator has risen from 30 a month ago to 48 currently, showing that altcoins are gradually gaining ground against Bitcoin. It's not yet a full-blown altcoin season, but it's getting close.

For those who don't know, the altseason index measures how the top 100 cryptocurrencies perform relative to BTC over 90 days. If at least 75% of them outperform Bitcoin, we enter altcoin season. Right now, we're at 48 points, so we're still in Bitcoin territory, but the trend is accelerating.

What interests me is that some altcoins are really exploding. River has surged 656%, Kite 145%, Morpho 66%. Even smaller projects like LayerZero or DEXE are showing solid gains around 58% and 54%. Meanwhile, Bitcoin has fallen 15.7% over the period.

The altseason index is gradually rising, trading volumes are increasing on altcoins, and some tokens are starting to perform really well. We're not fully in altcoin season yet, but the signals are becoming interesting to watch. We'll see if this momentum continues.