Crypto: 38% Of Altcoins Near All-time Lows, Worse Than Post-ftx Crash: Analyst

The altcoin market remains under pressure as investor sentiment weakens and digital asset prices struggle to recover from the October 2025 crash.

An estimated 38% of altcoins are now hovering near all-time lows, which is worse than the post-FTX market crash, according to CryptoQuant analyst Darkfost.

The current market is “unfavorable” for risk-on assets, and the crypto market is the first to absorb this risk-off posturing, he said, adding:

Examples of altcoins, cryptocurrency that typically serves as an alternative to Bitcoin (BTC), include Cardano’s ADA (ADA), which is hovering at about $0.10 above its all-time low of $0.17. Polkadot (DOT) reached an all-time low of $1.13 last month, but is now up 33% from there, and Polygon (POL) is trading at about $0.02 off its all-time low of $0.08.

Liquidity is being siphoned from altcoins and into equities and commodities, Darkfost said. Daily trading volume reached a high of over $417 billion on Oct. 10, the day of the historic crypto market crash, according to data from CoinMarketCap.

For comparison, daily trading volumes ranged from $49.4 billion to $268 billion in February and March 2026.

The altcoin drawdown represents the “largest regression” recorded during the current market cycle, he said, and could present a buying opportunity for investors, he concluded.

Related: $209B exited altcoins over the last 13 months: Did traders rotate into Bitcoin?

The analysis comes as mentions of altcoins on social media platforms dropped to two-year lows, according to crypto market sentiment analysis platform Santiment.

Google worldwide search volume for altcoins also dropped to a yearly low of 4 out of 100, according to data from Google Trends.

Source: CoinTelegraph