Is Altseason Starting? Altcoins Add $215B in Three Days After Trump Crypto Push

Highlights:

• Altcoins gained $215 billion in three days as the market climbed back above the $1-trillion level.
• Binance data shows more than half of listed altcoins are now above their 200-day moving averages.
• Bitcoin, Ethereum, and TRUMP also rallied strongly this week as fresh crypto optimism spread across markets.

The altcoin market added about $215 billion in just three days following a series of crypto-related comments from U.S. President Donald Trump, according to CryptoQuant analyst Darkfost. The strong rally has raised early signs that an altseason may be starting.

In an August 23 post on X, Darkfost said the total altcoin market capitalization jumped more than 24% between August 19 and August 22. The move pushed Total2 back above $1 trillion. Total2 tracks the total cryptocurrency market value excluding Bitcoin. Traders often use it to measure the overall strength of the altcoin market.

Mid-cap and small-cap cryptocurrencies recorded some of the strongest gains during the rally. However, Darkfost warned that these assets also face greater volatility because their smaller market sizes can produce sharp price moves in both directions.

More Binance Altcoins Move Above 200-Day Average

The recovery is also becoming clear among cryptocurrencies listed on Binance. According to Darkfost, around 80% to 85% of altcoins had been trading below their 200-day moving average during the weak market period that started in November.

The 200-day moving average, or 200-DMA, is a widely followed indicator that helps traders judge the longer-term direction of an asset. That picture has now changed sharply. Darkfost said 56% of altcoins available on Binance are currently trading above their 200-day moving average. The analyst described the move as a shift in market conditions after months of weakness.

🗞️ Did Trump just kick off Altseason ?

Between August 19 and 22, $215 billion was added to the altcoin market cap, a surge of more than 24% in just 3 days, pushing Total2 back above $1 trillion in market cap.

📈 Mid and small caps in particular rose the fastest. Being the least… pic.twitter.com/M9aBBJgZf1

— Darkfost (@Darkfost_Coc) August 23, 2026

Trump Crypto Comments Came Before Altcoin Rally

Darkfost linked the turnaround to several crypto announcements Donald Trump made on August 19. Trump said the United States would purchase large amounts of Bitcoin and urged Congress to pass the CLARITY Act. Trump also said his administration had ended the government’s previous war on the crypto industry.

Darkfost said those comments came during a period of thin trading volume and seller exhaustion. Fresh liquidity then moved into altcoins, pushing a large number of cryptocurrencies higher. The analyst said rallies of this size have historically acted as an intermediate signal during the early stages of an altseason.

Altseason generally refers to a market period when many cryptocurrencies outside Bitcoin post strong gains at the same time. However, Darkfost did not say that a full altseason has already started. He warned that the market has entered overbought territory after the rapid rise, which could lead to a short-term pause or pullback.

Still, altcoin momentum remains strong. The broader crypto market has also recorded major weekly gains. Bitcoin trades near $76,500, down about 0.53% over the past 24 hours but up 21.27% over seven days. Ethereum trades around $2,400, down about 0.37% in 24 hours while gaining 29% over the past week.

Trump-linked Official Trump (TRUMP) has posted an even stronger weekly rally. The meme coin was trading near $2.46, down about 2% over 24 hours but up roughly 79% over the past seven days.