Odaily reported that crypto analysts have found that while the prices of some Altcoins have risen, the number of daily active wallets has not increased, indicating that retail investors' attention has declined, limiting the short-term price upside of Altcoins. This suggests that Altcoins are still in the "speculative" stage, and the Altcoin season is still far away. For example, the token of on February 10th was around $0.28, but the number of daily active wallet addresses dropped to 182,000, while at the historical high of $1.46 on December 20, 2021, the number of active addresses exceeded 1.31 million. The number of daily active addresses on the network dropped to 3,860 on February 10th, compared to 11,200 when LINK reached its historical high of $46.71 on May 3, 2021. Nansen research analyst Nicolai Sondergaard said that the Altcoin season will still come, but the form may be different from the past. The current number of tokens is larger and more decentralized, and while most are rising, certain tracks and tokens will far exceed the rest of the sector.