The Token Pudggy Penguins (Pengu) rose 214% in the last 90 days.
In this measurement, Cronos (Cro) and the Token Story (IP) are also highlighted.
The market is witnessing a new dawn for cryptocurrencies: after nine months, the long -awaited Altseason arrived!
This phenomenon occurs when at least 75% of the 50 most important cryptocurrencies exceeds Bitcoin’s performance (BTC) for 90 days, according to the Blockchain Center organization. It is important to clarify that there is no unique definition of Altseason, but this criterion is one of the most accepted.
For that reason, the Altcoin Season Index This organization is considered the key barometer to determine whether the market is in an Altseason or not. This tool allows to measure what percentage of the main cryptocurrencies exceeds BTC’s yield over a given period.
Currently, Altcoin Season Index reflects that 78% of the 50 most relevant cryptocurrencies show a higher performance than BTC in the last three months. It is important to note that the measurement does not include to the stablecoins or to tokenized versions of Bitcoin or Ethher (ETH), the native currency of Ethereum, such as WBTC or Steth.
In exclusive dialogue with cryptootics, Yoandris Rodrigues, regional manager for Latin America of the B2binpay cryptocurrency exchange, said: “The Altcoin Season Index now has a score of 78 out of 100, which means that almost four out of five Top 50 tokens have surpassed BTC in the last 90 days.” That is the clearest rotation signal we have seen since 2021.
We are in the early to intermediate stage of the cycle. Retail enthusiasm is visible, but the ‘euphoria’ phase has not yet arrived. The real impulse could come from the macro side: if the United States Federal Reserve (FED) confirms a rate cut on September 17, the liquidity will expand and the Altcoins could register its first significant breakup of this cycle.
Yoandris Rodrigues, regional manager of B2binpay
If we put the magnifying glass in those 50 digital assets, There are 38 cryptocurrencies that have exceeded BTC yields In the last three months. The most stand out within that period is Pudgy Penguins (Pengu), the native token of the NFT homonym collection, which has had a 214%rise.
A step below appears Story (IP), the native token of Story Protocol, a layer 1 compatible with the Ethereum Virtual Machine (EVM), designed to transform intellectual property into real world assets (RWA).
Then, Cronos (Cro) appear, the cryptocurrency of Exchange Crypto.com; and ENA, Ethena token, a decentralized finance protocol (Defi).
It is also Mantle (MNT), the native asset of a layer 2 (L2) of Ethereum, designed to improve the scalability and efficiency in the processing of transactions without compromising the safety of the main chain.
Next, a look at the factors that have promoted the performance of these five cryptocurrencies that stand out in this Altseason.
Pengu shines this Altcoins season
Among the factors that drive this upload, The exclusive license agreement between Pudgy Penguins and Supplay Inc.a renowned Chinese manufacturer of collectibles for brands such as Disney and Marvel.
The agreement, which was announced In July, it is to release P
In addition, it is important to remember that on June 25 CBOE BZX presented to the United States Stock Exchange and Securities Commission (SEC) a 19B-4 form to approve A bottom -listed background (ETF) based on Pengu. According to the document, this financial product will be administered by the American firm Canary Capital.
The possible launch of an ETF based on a memecoin arouses certain doubts in the market, but also reflects that there is “a mature infrastructure that is willing to accommodate assets promoted mainly by the feeling of the community and cultural relevance”, as explained to Cryptoics Vivien Lin, product director of Exchange Bingx.
“From a technical point of view, these products offer structured exposure to a segment of the cryptographic market that has historically been very volatile and speculative. It also indicates that traditional financial vehicles are expanding beyond the established cryptocurrencies, such as BTC and ETH, recognizing the liquidity and negotiation volumes that have generated certain memecoins,” he added.
What happened to Story?
The most important novelty is that Grayscale, a digital asset management firm, launched at the end of July the Grayscale Story Trust, an IP -centered investment fund.
As reported by cryptootics, it is a trust that allows accredited investors to obtain direct exposure to token price variations.
On September 5, the team behind the project celebrated relevant milestones on its road map, such as arrival at 1,000 tokens created. Or, in other words, the creation of 1,000 records of intellectual property.
It is a great milestone for this project, especially considering that it was launched in February 2025.
Cronos, another of those highlighted in this Altseason
The most important novelty in the Cronos ecosystem is The alliance between Crypto.com and Trump Mediaa company linked to the family of US President Donald Trump.
As part of the agreement, Trump Media has acquired 6,310 million CRO, valued at 1,000 million dollars. In addition, it will integrate a system of rewards in the social social network and in its new streaming service Truth+, using the Wallet of Crypto.com and adopting Cronos as useful token.
News in Ethena’s ecosystem
At the end of July, Ethena Labs reported a strategic alliance with Anchorage Digital, a cryptocurrency service provider focused on institutions and authorized in the United States.
Both entities will work to take USDTB to that country, following the regulatory standards of the newly approved Law of Orientation and Establishment of National Innovation for Stablecoins, better known as Genius Law.
This regulation, which was already approved and signed by President Donald Trump, Its objective is to integrate these assets into the traditional financial system of the United Statesestablishing clear rules for issuance and operation.
And I keep?
As for MNT, good performance in the last 90 days is due, to a large extent, to institutional announcements that increase their demand and utility. Coinbase, the world’s second largest exchange, will launch perpetual future of Token.
For its part, the platform Bybit improved its use as collateral, which increases its usefulness as a guarantee in loans and investments. These measures increase the visibility of the asset among retail and institutional investors.