Major altcoin bull run unlikely in 2026, analysis suggests

A large-scale altcoin bull market similar to those seen in previous cycles is unlikely to occur in 2026, BeInCrypto reported, citing an analysis of CryptoRank data. The report highlights several structural headwinds, including capital dilution from a rapid increase in the number of new tokens and persistent selling pressure from projects with low circulating supplies and high fully diluted valuations (FDV). Furthermore, the analysis suggests that speculative capital is being diverted to alternative investments like memecoins and perpetual futures, while institutional funds continue to concentrate in major assets such as ETH, SOL, and XRP. This has entrenched a market structure that makes it difficult for capital to flow into small and mid-cap altcoins.