I understand that since altcoins are paired with BTC for trading, the price is based off bitcoin's.
However, even if an altcoin is doing well, it can tank (in terms of sats) when bitcoin's price corrects.
Will we ever see a market that isn't so heavily dependent on bitcoin? Is this possible for the future?
It is difficult to remove the basis from the entire block system. This is one big thing that is inseparable actually. And even if bitcoin completely drops out of the trade, even then the altcoins will also suffer very much.