These Altcoins are Poised to Hit the Next ATH after Bitcoin?
Bitcoin has officially broken into uncharted territory, hitting a new all-time high of $122,540.92 with a daily gain of +3.67% and an impressive +12.3% over the last week. The top cryptocurrency’s market cap now stands at $2.43 trillion, accompanied by a 24-hour volume that has surged 131% to $103.4 billion. This bullish energy is rooted in optimism surrounding the U.S. House voting on crypto-friendly bills next week and massive $16 billion in 2025 spot ETF inflows, effectively tightening BTC’s supply.
As Bitcoin stabilizes post-ATH, market attention rapidly pivots towards altcoins, several of which are demonstrating signs of preparing for their breakout moves toward historic highs. In this article, we will break down the top contenders poised to mirror Bitcoin’s remarkable performance.
Binance Coin (BNB)
BNB is steadily reclaiming ground, currently trading at $705.38, up 2.34% in the last 24 hours and an impressive 6.5% over the week. Although still below its ATH of $793.35, momentum is building thanks to Binance’s aggressive $1 billion token burn, which coincided with a record $170 billion in DEX volume in June. This breakthrough has sparked fresh demand for BNB, further supported by a bullish MACD-RSI alignment and technical breakout above key moving averages.
XRP
The cryptocurrency XRP is witnessing a strong comeback, now priced at $2.95, with an astonishing 5.78% daily increase. While still trading below its ATH of $3.84, on-chain data reveals an unprecedented surge in whale wallets, reaching an all-time high of 2,743 addresses controlling a staggering 47.32 billion XRP. A significant portion of this buying pressure originates from South Korea’s UpBit exchange, accounting for 70% of net inflows. Furthermore, ETF speculation and a powerful technical breakout suggest that XRP could soon make a meaningful attempt at revisiting its historic highs from 2018.
Tron (TRX)
TRX is gradually yet firmly making progress, trading at $0.3031, up nearly 0.87% in the last 24 hours and a respectable 5.48% over the past week. This altcoin is inching closer to previous local highs as the USDT supply on Tron reached an extraordinary $81.77 billion, illustrating robust demand for stablecoin activity on its network. Founder Justin Sun’s recent proposal to adjust gas fees further fortifies TRX’s fundamental appeal.
Hyperliquid (HYPE)
The native token of Hyperliquid, HYPE, has entered a coveted position—having just hit a fresh ATH of $49.86 today, with the current price at $49.26, reflecting an impressive +2.64% daily gain and an incredible 23.2% increase over the week. One of the top-performing blockchains in terms of revenue growth, HYPE’s rise has been fueled by an ICO frenzy on Pump.fun that generated a remarkable $11 million in shorts. This altcoin is now in price discovery mode and could continue its upward trajectory as trading and protocol activity escalate.
Sui
Last but not least, Sui has emerged as one of the week’s most explosive altcoins, currently trading at $3.91, up an astonishing 13.94% in the last 24 hours and a remarkable 34.09% over the week. Although still below its ATH of $5.35, Sui is demonstrating high-volume accumulation.
A historical pattern that has consistently played out after Bitcoin’s all-time highs is the rotation of traders’ capital towards altcoins. This phenomenon often sparks explosive growth in these lesser-known assets.
Source: coinpedia.org