XRP, SEI, HBAR, SUI, SOL: The Only 5 Altcoins That Matter for an August Bull Run
- A “selective altseason” may be starting as Bitcoin’s market dominance begins to wane
- XRP shows a 430% surge in weekly payments, while SEI’s user base has nearly doubled
- SUI is backed by a new $450M institutional fund, while HBAR and SOL have major ETF buzz
After a tough week where Bitcoin dropped back to retest its previous all-time high of around $112,000, many altcoins also saw big losses. But with signs of recovery appearing, a few altcoins are now standing out with strong use cases, adoption, and price potential.
Analyst AltcoinBuzz has listed five altcoins that could bounce back if the market turns bullish this week.
XRP: The Institutions Are Coming
XRP is seeing increased attention due to Ripple’s application for a national trust bank charter in the U.S., which could open doors to institutional crypto custody and settlement services.
A U.S. healthcare firm, Wellgistics Health, also announced it will use XRP as a reserve asset and for payments in its operations. There are also rumors about an XRP ETF linked to Trump’s Truth Social. While some predict XRP could reach $10,000, the analyst said a more realistic price this…
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XRP, SEI, HBAR, SUI, SOL: The Only 5 Altcoins That Matter for an August Bull Run
- A “selective altseason” may be starting as Bitcoin’s market dominance begins to wane
- XRP shows a 430% surge in weekly payments, while SEI’s user base has nearly doubled
- SUI is backed by a new $450M institutional fund, while HBAR and SOL have major ETF buzz
After a tough week where Bitcoin dropped back to retest its previous all-time high of around $112,000, many altcoins also saw big losses. But with signs of recovery appearing, a few altcoins are now standing out with strong use cases, adoption, and price potential.
Analyst AltcoinBuzz has listed five altcoins that could bounce back if the market turns bullish this week.
XRP: The Institutions Are Coming
XRP is seeing increased attention due to Ripple’s application for a national trust bank charter in the U.S., which could open doors to institutional crypto custody and settlement services.
A U.S. healthcare firm, Wellgistics Health, also announced it will use XRP as a reserve asset and for payments in its operations. There are also rumors about an XRP ETF linked to Trump’s Truth Social. While some predict XRP could reach $10,000, the analyst said a more realistic price this…
The post XRP, SEI, HBAR, SUI, SOL: The Only 5 Altcoins That Matter for an August Bull Run appeared first on Coin Edition.
Read More