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Memecoins have been under heavy selling pressure since December 2024, with many declaring the sector as good as dead. Prices collapsed across the board, liquidity dried up, and retail enthusiasm that once fueled massive rallies seemed to vanish. For months, memecoins have trended lower, underperforming most of the broader crypto market and leaving investors skeptical about their long-term survival.

Yet, despite the gloom, some analysts argue that dismissing memecoins entirely may be premature. As the market prepares for a new phase driven by shifting liquidity flows, institutional positioning, and macroeconomic catalysts, speculation could once again find fertile ground in this volatile sector. Top analyst Darkfost has gone as far as to suggest that the time to take a fresh look at memecoins may have arrived. According to him, data shows that the market is entering an area where memecoin dominance has historically regained strength, often sparking sharp rebounds.

While risks remain high—memecoins are still among the most speculative assets in crypto—the potential for explosive gains continues to attract attention.

Memecoin Dominance Signals Possible Rebound

Darkfost highlights the importance of monitoring the Memecoin Dominance in Altcoin Markets chart, which compares the market capitalization of key memecoins against that of established altcoins. This ratio offers valuable insight into whether memecoins are gaining or losing influence relative to the broader altcoin sector.

Since the massive rush that peaked at the end of 2024, memecoins have been in a prolonged decline, steadily losing both valuation and investor interest. The frenzy that once drove parabolic gains gave way to exhaustion, with most of the sector retracing sharply.

Investors in memecoins understand the unique challenge of this asset class. Unlike Bitcoin or Ethereum, memecoins often lack fundamental backing, making them highly speculative. As a result, timing entries and, more importantly, exiting positions quickly to secure profits are essential strategies. Hesitation can easily turn short-term gains into significant losses.

Despite this, Darkfost observes that the memecoin dominance chart is signaling a potential turning point. The ratio has entered an area where memecoins have historically regained strength, marking the beginning of sharp rebounds. Early signs of reaction suggest that market sentiment may be shifting, with speculative capital slowly re-entering the space.

If the trend persists, the conditions could align for a renewed memecoin mania. While it may not replicate the extreme fervor of late 2024, a resurgence in speculative appetite could drive significant rallies. For traders watching closely, the data implies that memecoins may once again become a hot narrative in the crypto cycle, though managing risk remains paramount.

Market Cap Growth Analysis

The chart of the Memecoin Market Cap (Daily) shows how the sector remains highly volatile, reflecting speculative behavior that defines this corner of the crypto market. After rebounding strongly from the July lows near $64B, the market surged to a local peak above $88B in early September. However, that momentum quickly faded, with the cap now retracing toward $75B, down nearly 5% in the latest session.

The 50-day moving average at $68.7B has acted as a strong dynamic support throughout this recovery, showing that buyers continue to step in when valuations approach this level. Meanwhile, the sector’s ability to push above $80B and briefly test the $88B resistance highlights that speculative capital is still present, even if profit-taking remains aggressive.

For now, memecoins are consolidating after a sharp upswing, and the market appears to be searching for balance. If capitalization holds above the $72–74B range, a renewed attempt to reclaim $80B could follow, reigniting bullish sentiment. On the other hand, a breakdown below the 50-day average would suggest fading momentum and open the door for a deeper retracement. Ultimately, memecoins remain sensitive to liquidity flows and broader risk sentiment, making timing critical.

Featured image from Dall-E, chart from TradingView

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The Securities and Exchange Commission (SEC) delayed decisions on three crypto exchange-traded funds (ETFs) on Sept. 10.

The decisions postponed BlackRock’s Ethereum staking proposal alongside Franklin Templeton’s spot XRP and Solana ETF applications. The delays come as the SEC develops a generic listing framework that could streamline future crypto ETF approvals.

The postponements position these applications for potential approval during an anticipated October batch decision window, aligning with previous predictions.

Bloomberg ETF analyst James Seyffart noted in April that crypto ETFs would likely get a batch of approvals in October, when some of the over 90 filings reach their final deadlines.

Generic framework

The SEC has been working with US exchanges on a standardized listing framework for token-based ETFs that would eliminate individual rule-change requests for qualifying assets.

The initiative would allow ETF sponsors to bypass the customary Form 19b-4 process when underlying tokens meet predetermined criteria.

Under the proposed framework, sponsors would submit registration statements on Form S-1, observe standard 75-day review periods, and list products once the waiting periods have ended.

Market capitalization, on-exchange trading volume, and daily liquidity represent key metrics under discussion for qualification thresholds. The current rule-change pathway requires each spot crypto ETF to secure a Commission order before listing, a process designed for novel or complex products.

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Moving to standing rules for qualifying assets would shorten timelines and reduce iterative comment cycles between the agency and applicants.

Approval jumpstart

Eric Balchunas said on Sept. 9 that the “memecoin ETF era [is] about to kick off” with a Dogecoin ETF slated for launch on Sept. 11 under the 40 Act structure.

Balchunas said this could potentially become “the first-ever US ETF to hold something that has no utility on purpose,” considering Dogecoin was originally created as a tribute to the Doge meme.

A successful Dogecoin ETF launch could catalyze broader approval momentum for pending applications.

Seyffart previously shared that there are 92 crypto ETF applications divided across various assets, including Solana, XRP, Litecoin, and staking versions of existing products awaiting SEC decisions.

The comprehensive filing list reveals applications from major issuers, including VanEck, Grayscale, Canary, Bitwise, and Franklin Templeton, covering assets ranging from established cryptocurrencies to emerging tokens.

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Ethereum ($ETH) is nearly back at its all-time high (ATH) of $4,868.80, recorded in November 2021. With its price now hovering between $4.7K and $4.8K, investor excitement is building.

Altcoin season appears to finally be around the corner. And that makes now the best time to buy the top altcoins, including newcomers like Snorter Token ($SNORT) and Best Token ($BEST).

Ethereum’s ETF-Driven Rally & Treasury Demand

Over the past three days, spot Ethereum ETFs attracted a staggering $2.3B in US inflows, equating to roughly 500K $ETH. That’s more than the 450K $ETH issued by the network since the Merge in September 2022.

An incredible $1.03B of that inflow came on Monday, August 11, as traders roared back after the weekend. Even apart from red-letter days like that one, $ETH ETF inflows have been on a nearly-uninterrupted hot streak recently.

BlackRock’s iShares Ethereum Trust snagged $500M+ of that $1.03B inflow by itself.

Standard Chartered highlights that ETFs now account for about 3.8% of ETH’s circulating supply, while treasury firms have accumulated 2.3M $ETH (1.9% of total supply) since June, and may eventually hold up to 10%.

That’s roughly on-par with the amount of $ETH held in treasury companies, per Standard Chartered.

Unsurprisingly, given the above stats, Standard Chartered upped its year-end price prediction for Ethereum. The company now expects $ETH to hit $7.5K, up from its original prediction of $4K.

The ETF surge and accompanying price prediction increase reinforces bullish investor sentiment. It also highlights an ongoing supply-demand crunch.

There’s far more $ETH flowing out of exchanges than there is coming in, creating a compelling supply-demand dynamic.

On-Chain Supply Pressure & Price Momentum

It’s not so much limited supply but booming demand that’s creating prime conditions for $ETH to make big moves.

Ethereum is facing shrinking sell-side pressure: over the past month, exchanges have seen average withdrawals of 40K ETH per day – a negative netflow.

On the institutional level, that’s Ethereum heading into crypto treasuries or ETFs; on the retail end, it points to investors likely HODLing, staking, or sinking $ETH into DeFi activity.

On that side, Ethereum’s total volume locked (TVL) in DeFi just passed $96.9B – within range of the peaks of 2021, when TVL sat north of $100B.

Key Price Points & Future Predictions

$ETH decisively reclaimed key resistances at $4K and $4.5K, and is now challenging the $4.8K ATH.

A breakout beyond this level could trigger a move toward $5K, while a short pullback may consolidate at the $4K support zone.

The economic laws of supply and demand are hard to beat, leaving Ethereum in a prime position to continue its strong performance. Analysts are taking note:

• VanEck acknowledges the connection between Ethereum and growing crypto sectors, like tokenization and stablecoins (accounting for 62% of all stablecoin value transfer in 2025). It adds that Ethereum could ‘still emerge as a better store of value than Bitcoin.’
• Tom Lee of Fundstrat highlights the immense growth potential still available with Ethereum, noting that it is still ‘undersold’ from an institutional point of view. Some 48% of investor portfolios contain exposure to gold – only 9% to crypto.

It’s no surprise that while Standard Chartered thinks Ethereum will hit $7K, Fundstrat forecasts $10K to $15K in a far more ambitious prediction. And Standard Chartered shares the same long-term bullishness. It estimates that Ethereum could reach $25K by 2028.

A bullish Ethereum is a bullish altcoin market all round. If you’re thinking of investing in potentially explosive altcoins, Snorter Token ($SNORT), Best Token ($BEST), and Tron ($TRX) stand out as cryptos ready to make big moves.

1. Snorter Token ($SNORT) – Find, Trade, Win Solana-Based Meme Coins on Telegram

Snorter Token ($SNORT) is a utility-oriented meme coin powering Snorter Bot, a Telegram-native crypto trading bot engineered for lightning-fast sniping of meme coin launches on Solana (and eventually EVM-compatible chains).

It features MEV-resistant trade execution, rug-pull detection, copy trading, limit orders, and real-time portfolio tracking, all within Telegram.

What is $SNORT itself? The token, currently in presale, operates on both Solana and Ethereum as a multi-chain token. Early investors can stake tokens to earn an estimated 142% APY during the presale, disbursed over one year post-launch.

Snorter makes finding and sniping meme coins easier than ever, and for $SNORT token holders, the 0.85% fees are some of the lowest around.

Investors have poured over $3M into the presale already. The token price sits at $0.1011 right now, but our $SNORT price prediction shows it could reach $0.94 by the end of 2025, and $1.92 by the end of 2026 as Snorter expands the bot’s integration with Ethereum and EVM chains.

$SNORT blends the viral appeal of a meme coin with actual trading utility through Telegram. Sniff out those hidden meme coin gems, snipe them, and save big. Check out our How to buy $SNORT guide for more information.

Join the Snorter Token ($SNORT) presale today while its price is still low.

2. Best Wallet Token ($BEST) – Powerful Web3 Wallet Unlocks Crypto Presales

Best Wallet Token ($BEST) is the native utility token of Best Wallet, a rapidly growing non‑custodial multi‑chain crypto wallet. Security is top-notch, too, using a combination of advanced biometrics and Fireblocks’ MPC.

The $BEST token is powering Best Wallet’s mission to dominate 40% of the global crypto wallet market by the end of next year. And holding  $BEST means lower trading fees and higher staking rewards.

There’s also the chance for big wins, with access to the best crypto presales in Best Wallet’s upcoming tokens section.

You can also research projects, read whitepapers, and purchase tokens directly within Best Wallet.

Over $14.7M has been raised in the $BEST presale already. Tokens cost $0.025475, and our $BEST price prediction forecasts that could reach $0.072 by year’s end. Discover how to buy $BEST to get in early.

Ready to invest in $BEST? Head to the presale today.

3. TRON ($TRX) – Justin Sun’s Leading Stablecoin-Friendly Blockchain

TRON ($TRX) has been around the block(chain). Established by Justin Sun and launched via ICO in 2017, Tron operates as a decentralized, Proof-of-Stake smart contract blockchain, designed to support scalable, low-cost dApps.

TRON initially aimed to decentralize content sharing by allowing creators to monetize without intermediaries. Its evolution saw it migrate from Ethereum to its own network and grow into a thriving dApp ecosystem, with ongoing focus on speed, scalability, and user experience.

In recent years, however, Tron has also grown in importance as a home for stablecoins – in particular, Tether’s $USDT.

That has provided a degree of stability for Tron, while introducing a number of other use cases related to $USDT – cross-border settlements, payments, and more.

$TRX regularly ranks between the eighth and tenth spot by market cap among cryptos. This makes it a major player, but with plenty of room for growth.

You can find Tron ($TRX) on Binance right now.

Ethereum’s Road Ahead: Will Altcoin Season Follow?

With $ETH on the verge of fresh highs, the broader altcoin market stands poised to rally. As Ethereum retakes dominance and confidence rises, investors hope capital flows into smaller-cap altcoins, igniting altcoin season.

Among the big winners could be the likes of $SNORT and $BEST. As altcoins packed with utility, they have the potential to explode – especially as altcoin season appears imminent.

As always, though, do your own research. This isn’t financial advice.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

BitMEX co-founder Arthur Hayes is unloading his altcoin positions, believing that the crypto market will witness a correction this month.

In a new post on the social media platform X, blockchain tracking firm Lookonchain spotted Hayes selling millions of dollars worth of Ethereum (ETH) as well as the memecoin Pepe (PEPE) and the stablecoin-focused project Ethena (ENA).

“Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76M ENA ($4.62 million) and 38.86 billion PEPE( $414,700)…”

The crypto veteran says he’s selling his altcoins because he believes that Q3 will be a period of sluggish economic growth. Hayes believes monetary policies are not loose enough to stimulate the economy, especially with Trump’s tariffs on the horizon.

According to Hayes, macroconditions are ripe to trigger significant retracements for Bitcoin (BTC) and Ethereum.

“Why? US Tariff bill coming due in 3Q … at least the market believes that after NFP (non-farm payroll) print. No major economy is creating enough credit fast enough to boost nominal GDP. So BTC tests $100,000, ETH tests $3,000.”

Despite his short-term bearish stance on crypto, Hayes believes that the asset class is still in a strong uptrend

Late last month, he unveiled his year-end price targets for Bitcoin and Ethereum.

“My year-end targets:

Bitcoin = $250,000.

Ether = $10,000.”

At time of writing, Bitcoin is trading for $113,197, while ETH is worth $3,420.

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The Bitcoin market has shown signs of an increase in sales pressure, and recent price actions suggest a deeper distribution stage under the surface.

The Wyckoff pattern reveals an imminent failure

In a post on social media platform X on August 2, Crypto analyst Joao Wedson explained how Bitcoin prices risk recession over the coming months. Analysts build on their conclusions based on the Wyckoff Distribution model, a technical analytics framework that explains how smart money sells assets at the top of the market cycle.

Related readings

Wedson highlighted in the article that the 13-stage schematics are unfolded in real time. This shows that even if retailers maintain their hopes, institutional investors (known as “smart money”) are preparing to leave the market.

Analysts began breaking down at a reserve supply (PSY) phase where there were subtle signs of facility sales and a purchase climax where prices peaked due to exhausting demand. This phase is then followed by an automatic response (AR), which defines the bottom of the distribution range with a sharp drop in the price of Bitcoin.

The fourth and fifth phases are quadratic tests (ST), where the price retests highs in the distribution range, but weak momentum and volume. Once the pattern matures, the price enters phase B with lateral movements, causing disruption to retail participants as the facility quietly offloads the coin.

The most unanswered signs are shown in phases C and D. Here we first show signs of weakness (SOW). This is a major signal of decline in demand. Then there is the final point of supply (LPSY). This usually creates a suitable set up for shorts.

Finally, still within phases C and D, ice breaks lead to deeper drops, followed by a second LPSY trap, sealing the distribution.

Is Altcoin Rally ongoing?

Going further, Wesson noted that market makers were spinning into altcoins. According to analysts, Altcoins have already ended its accumulation zone and are positioned for structural markup, reflecting growing interest in the Altcoin market.

By contrast, Bitcoin has entered the weekly distribution phase. This can be reflected in the short term as weak or modest performance. Wedson added that by the end of 2025, there will be a full spin from BTC to Altcoins, and finally added to Fiat.

At the time of writing, Bitcoin is rated at around $113,439, not reflecting any significant movements over the past 24 hours.

Related readings

ISTOCK featured images, TradingView chart

Bitcoin fell below $115,000 on August 1, reaching its lowest level since July 11 after a sustained period of volatility. The drop marked a retracement from the asset’s July 14 peak, when it hit an all-time high of $123,000. The retreat to $114,000 punctuates a 7% pullback from the July high and reflects the broader instability characterizing the crypto market’s late July performance.

The early July period had been marked by aggressive upward momentum. Between July 10 and 11, Bitcoin surged from $110,000 to $118,000 in under 24 hours. That spike represented a 7.2% single-day jump, coinciding with a rush of leveraged short liquidations across derivatives markets and fueling speculation around increased institutional interest.

Following the July 11 surge, BTC rallied further and recorded its all-time high of $123,000 on July 14. However, that level proved to be a temporary ceiling. Despite multiple consolidation attempts above $118,000 throughout the second half of July, Bitcoin repeatedly failed to regain bullish momentum.

This plateau phase saw intraday fluctuations compress into a narrowing range, indicating weakening buying pressure. Per CryptoSlate’s earlier reporting, some traders attributed the stall to profit-taking from early entrants and cautious positioning ahead of the FOMC’s inflation guidance this week, which held rates at 4.4%.

The correction that followed today was exacerbated by over-leveraged positioning in perpetual contracts.

According to liquidation data, more than $705 million in long positions were wiped out across major exchanges in the past 24 hours, with Binance and Bybit accounting for over 67% of the total.

These liquidations coincided with Bitcoin’s slide below $115,000, accelerating downside momentum and pushing the price to levels not seen since the July 10 rally. Market data also shows that more than $12 million in BTC-specific liquidations occurred in the past hour alone, further confirming cascading leverage unwinds.

Despite the sell-off, Bitcoin’s price is still up over 8% since the start of July. Should BTC break below the $113,500-$114,000 support region, there’s a risk of a revisit to early July consolidation zones near $110,000. On-chain metrics, including declining active addresses and dropping exchange outflows, have also supported a short-term bearish outlook, according to data from Glassnode.

The broader altcoin market mirrored Bitcoin’s losses. Ethereum dropped 6.4% to $3,611, while Solana and XRP fell over 7% each in the same 24-hour window. Market-wide long liquidations amounted to over $680 million, accounting for more than 93% of total liquidations, illustrating an overwhelmingly long-heavy derivatives landscape prior to the correction. This uneven leverage skew likely contributed to the sharp cascade, as high beta assets amplified losses amid falling BTC prices.

However, it is also possible that Bitcoin followed altcoins for once, with overleveraged alts retracing after July’s ‘alt season’ rally.

Bitcoin’s drop to $114,000 caused a drop in the fear and greed index, with the metric falling to ‘neutral’ after a period of ‘greed’.

Though the recent decline has rattled short-term sentiment, BTC’s price remains well above its June consolidation range near $100,000 and its 4-month low of $74,000, reflecting a longer-term bullish structure despite the current turbulence.

Mentioned in this article

Solana’s (SOL) recent climb back above $200 is a sign that the altcoin pivoted from a “meme-driven ecosystem” to a “high-beta, blue-chip alternative” that is attracting institutional attention.

According to MEXC Research chief analyst Shawn Young, the over 34% increase in July to the $202.52 price, as of press time, marks a shift in how the market values the Solana network.

In a note, Young highlighted that SOL outperformed both Bitcoin and Ethereum during the same stretch. Two key forces drive this move: anticipation of a Solana-focused exchange-traded fund (ETF) and tangible progress on core infrastructure.

The implication is that the alignment of institutional appetite, corporate treasury allocation, and network upgrades could let Solana lead the next rotation of capital into altcoins. 

Technical enhancements

Young pointed to the Block Assembly Marketplace (BAM) announced by Jito Labs as the kind of technical advance that can change the narrative. 

Programmable control over blockspace, lower MEV, and faster, cleaner sequencing would address persistent complaints about Solana’s reliability. 

For institutional validators and sophisticated builders, those upgrades signal a network that is maturing, not just riding momentum.

ETF speculation is the other pillar. Young cited more than $73 million in pre-ETF commitments and nearly 3 million SOL moving into corporate wallets last month as evidence of a longer-term positioning shift. 

Solana’s market capitalization has surpassed $100 billion, positioning it among the largest crypto. 

The analyst argued that it reflects an evolution from speculation to foundation, as Solana can benefit from the proliferation of tokenized real-world assets and the increasing demand for high-throughput on-chain infrastructure.

Next price levels

If those currents continue to flow in the same direction, Young said SOL is positioned to remain a core allocation in diversified crypto portfolios into the third quarter.

Technically, he frames the market in straightforward terms. Clearing and holding above $185 removed a key overhead barrier and opened a path toward $210, and potentially $230, provided there is no shock event and broader conditions remain benign. 

However, failing to break through $210 decisively would make a retest of the $185 zone a plausible scenario.

Young’s bottom line is that fundamentals and structure, not just sentiment, are now driving Solana’s case. 

If the promised ETF channel opens and BAM delivers the block-level control developers want, the token’s July surge could prove to be the start of a broader reallocating cycle rather than just another spike on the chart.

Mentioned in this article

Altcoins advanced sharply last week while Bitcoin (BTC) held near record levels, shifting market leadership toward higher-beta tokens, according to the latest edition of the “Bitfinex Alpha” report. 

Bitcoin reached an all-time high of $123,054, a 65% climb from its April low, before entering a sideways range between $116,000 and $120,000.

As the flagship crypto entered a phase of consolidation, its share of the total crypto market cap fell 6.9% after seven consecutive daily declines in the dominance index, the steepest decline since December 2023. 

Such dominance contractions without a concurrent BTC sell-off have historically marked the onset of altcoin-led phases.

Large-caps spearhead the catch-up rally

Ethereum (ETH) rallied 19.45% and XRP 21.4% over the week. Meanwhile, the market index excluding stablecoins and the top ten assets, referred to as the “Others” index, climbed 35%, equating to approximately $85 billion.

Solana (SOL) also outperformed, drawing liquidity from Bitcoin as traders sought greater upside. The breadth of the move signals broader participation beyond early-cycle BTC accumulation, a pattern typical in mid-cycle expansions when investors raise risk tolerance.

Despite losing relative share, Bitcoin still trades above the cost basis of 95% of coins in circulation.

Long-term holders have shifted to net distribution, transferring coins to shorter-term wallets, ETFs, and retail entrants.

The spot price now sits just below the short-term holder band near $120,000, a level that historically attracts profit-taking. The next statistical resistance lies near $136,000.

This structure leaves Bitcoin fundamentally firm yet more reactive to dips, while altcoins capture incremental flows.

Market outlook

Market mechanics suggest a baton pass rather than a reversal. Bitcoin’s consolidation above realized cost maintains a supportive floor, but relative momentum rests with altcoins as capital rotates. 

Whether the rotation endures will rely on continued spot demand for Bitcoin and sustained liquidity in large-cap tokens. 

For now, performance dispersion defines the landscape, with altcoins setting the pace while Bitcoin digests earlier gains.

Mentioned in this article

Bitcoin’s price action has turned somewhat sluggish after its unprecedented climb to a new all-time high of $122,838 on July 14. The rapid push to that level was preceded by a week of frenzied trading and heavy inflows, with BTC breaking through multiple resistance zones in quick succession. However, once that peak was hit, a series of volatile intraday movements followed to give a pullback to $116,000 and Bitcoin is now back to trading between the $117,000 and $118,500 price zone.

Related Reading

A notable bearish call came from crypto analyst Melikatrader94, who posted a technical breakdown on the TradingView platform that might send Bitcoin down to $113,000.

QML Zone Rejection Points To Downtrend Toward $113,600

According to the hourly candlestick chart shared by Melikatrader94, Bitcoin is currently exhibiting a Quasimodo Level (QML) structure. The Quasimodo Level (QML) structure is characterized by three peaks in a bearish scenario or three troughs in a bullish scenario, with the middle one being the most prominent, identifying the price. The post predicted that Bitcoin’s entry into the $119,000–$121,000 zone would draw sellers, and this was indeed the case. 

The quick rejection after its all-time high confirms a bearish shift in structure, and now the momentum is tilted to the downside. This rejection came after a significant price move that engulfed a previous structural support level.

“BTC rejected from QML zone and the selloff confirms bears are active,” the analyst noted. 

The bearish outlook remains valid as long as Bitcoin stays below the QML zone, with the next critical support level situated at $113,600. This area could serve as a potential point for either a bounce or short-term consolidation if the price continues downward. However, a pullback is likely to occur around $116,000 before Bitcoin falls to $113,600.

Altcoins Under Threat As BTC Price Weakens

The potential Bitcoin crash to the $113,000 region could have serious implications for many altcoins that are already starting to post massive gains. However, these altcoins, which often follow Bitcoin’s lead, are already showing signs of nervousness as BTC struggles to maintain upward momentum. 

Among the notable movers, XRP finally broke its eight-year-old resistance to hit a new all-time high of $3.65. However, the rally appears to be stalling, with the token now showing early signs of a correction around the $3.45 zone. Ethereum, which also surged on the back of Bitcoin’s push to $122,000, climbed above $3,600 for the first time in months but has since settled into a consolidation phase just below $3,500.

Related Reading

Should the leading cryptocurrency break below $116,000 in the coming days, it may cause a cascade of outflows from altcoins and lead to increased selling pressure across the board. However, we could see these major altcoins finally detach from Bitcoin’s movement. This would lead to an altcoin season where major altcoins outperform Bitcoin for some time.

Featured image from Pixabay, chart from TradingView

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Alejandro Arrieche

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Alejandro Arrieche

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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has…

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July 18, 2025

We asked Grok, the AI model from X.com, to identify the top 4 altcoins with the highest chance to 10x. It gave us 4 candidates, three well-known tokens – XRP, Solana (SOL), and Sui (SUI) – and one newcomer – a crypto presale called SUBBD (SUBBD).

Here’s why Grok believes that these top altcoins could deliver 10x gains before 2026.

#1 – Sui (SUI) – 10X Odds: Very High

Sui’s scalability and efficient design allow it to offer the fastest transaction speeds in the blockchain space and the lowest network fees.

This network has emerged as a robust competitor to Ethereum, Solana, and Tron and its ecosystem has been growing at a fast pace. More than $1 billion worth of stablecoins are currently parked in the Sui blockchain, indicating significant trust from deep-pocketed investors.

Sui intends to become the home for BTCFi, which could unlock billions in TVL that would flow to its ecosystem from BTC investors who will be able to stake, lend, and earn yield from their assets.

Grok estimates that the SUI token could reach $10 shortly and as much as $35 at some point if its ecosystem keeps expanding at a fast rate.

#2 – XRP (XRP) – 10X Odds: High

Regulatory clarity and institutional adoption were the two primary causes why Grok believes this token will deliver 10X gains.

It highlighted the power of the Ripple network to process up to 2,600 transactions per second and the recent launch of Ripple USD (RLUSD), the first native stablecoin of this ecosystem.

This asset accelerates the network’s adoption as the go-to platform to send cross-border payments.

Following the U.S. Presidential election, XRP rallied by more than 300%. Grok predicts that XRP could hit $5.25 in 2025 and could hit as much as $20 before next year once a spot exchange-traded fund (ETF) for this token is approved.

#3 – Solana (SOL) – 10X Odds: Moderate to High

Grok highlighted Solana’s top-performing blockchain and growing DeFi ecosystem as the main catalysts that could result in 10x gains for SOL before 2026.

Solana is a proof-of-stake (PoS) network that can process up to 700,000 transactions per second (TPS), making it one of the fastest and most scalable blockchains in the industry.

This network is considered the ultimate “Ethereum killer.” The success of meme coins and top decentralized solutions like Raydium and Jupiter showcases Solana’s robust architecture and ability to become the home of institutional-grade TradFi applications.

The AI model estimates that Solana could hit $300 before this year ends and as much as $1,750 also once a spot ETF is approved for SOL.

#4 – SUBBD (SUBBD) – 10X Odds: Very High

SUBBD (SUBBD) is a decentralized content creation platform that eliminates unfair bans and fosters a more supportive environment for influencers.

Grok sees it as one of the most promising crypto presales of the year and compares it to $AUDIO, a successful listing that delivered gains of more than 900% in 2021.

The project has already raised nearly $1 million during its presale. It has already secured the commitment of more than 2,000 creators who will bring a combined following of more than 250 million fans.

The 30% allocation to marketing and onboarding should help SUBBD grow its user base to as much as 1 billion at some point, Grok estimates.

To buy the $SUBBD token at its discounted presale price, head to the SUBBD website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH or use a bank card to invest.