Hot altcoins: A series of tokens ready to break all records!

Last week marked one of the most exciting moments in the crypto market in recent months. A series of major coins recorded impressive rises, breaking through or approaching important resistance levels. Ethereum is nearing its historical peak after four years of waiting, Solana continues to challenge the 200 USD mark, while Cardano has bounced back strongly above 1 USD. Even names that are stagnating like XRP still hold important supports, opening up the possibility to bounce back as cash flow rotates back.

Not only limited to large market cap coins, projects like HYPE also show their heat as they approach the 50 USD peak with a strong rise to the sky. The overall market landscape shows a clear differentiation: the buyers are controlling many coins, while some others are temporarily entering a consolidation phase to prepare for the next breakouts.

Ethereum (ETH) – Ready to explode beyond historical peak

For the first time in four years, Ethereum (ETH) is approaching its all-time high (ATH) at 4,868 USD, just about 4% away at the time of writing. The strong rise has helped ETH surge 19% in just one week, bringing market sentiment to a peak of excitement.

If it successfully breaks the range of 4,900 – 5,000 USD and turns it into a solid support level, ETH will officially enter the price discovery phase – where all scenarios are open. At that time, the battle between the bulls and the bears will become fierce, leading to severe fluctuations in the market.

With the current strength, Ethereum seems determined to break through the old record to establish entirely new price milestones. Short-term targets may aim towards 6,000 USD and then 7,000 USD. Further out, if the upward momentum is maintained, ETH could very well reach 9,000 USD or even 10,000 USD in this cycle.

ETH price chart 1 week | Source: TradingView## XRP – Pausing before the 3.2 USD level, buyers temporarily "rest"

This week, XRP continues to be held back below the resistance level of 3.2 USD and recorded a decrease of 6%, in contrast to the green of most other altcoins that are bouncing back strongly.

The main reason may stem from the fact that XRP experienced a significant price rise in July, causing the current buying pressure to weaken. Many investors seem to be temporarily leaving XRP to seek more attractive opportunities in other ecosystems such as Ethereum or Cardano.

In the short term, as long as XRP remains above the support level of 3 USD, this asset still has a chance to bounce back as capital flows return from the altcoins that have surged. However, for now, the dominant trend remains sideways with the possibility of the price continuing to fluctuate around the 3 USD mark to accumulate before making a new move.

XRP price chart 1 week | Source: TradingView## Cardano (ADA) – The rise to the sky of 20% reignites the wave of excitement

ADA had an explosive week as it surpassed the resistance level of 0.9 USD and quickly reached the milestone of 1 USD before a slight adjustment. The impressive rise of 20% over the week has ignited the enthusiasm of the ADA community, reinforcing confidence in the potential for the next breakout.

For now, the goal of the buying side is to reclaim the 1 USD mark and turn it into a solid support level. If successful, ADA could extend its rise in the second half of 2025, aiming for the next target of 1.3 USD.

With the current momentum, ADA is in the midst of a rise to the sky trend. If the buying force remains positive, the possibility of the price exceeding 1.3 USD before the end of the year and advancing to 1.5 USD is entirely possible. At that point, Cardano will enter a new growth phase with many attractive opportunities for investors.

ADA price chart 1 week | Source: TradingView## Solana (SOL) – Approaching 200 USD, the breakdown is just a matter of time.

Good news for Solana investors as the price is gradually approaching the 200 USD threshold. Over the past week, the buyers have made two attempts to hold the price above this level but were rejected each time. However, each attempt has brought SOL closer to turning 200 USD into a solid support zone.

This week, SOL ended with a rise of 13%, maintaining a bullish pattern with higher highs and higher lows – a positive technical signal. If this upward momentum is not interrupted, breaking through 200 USD seems to be just a matter of time.

Looking ahead, 186 USD is acting as an important support zone if selling pressure returns, while the main resistance levels are 200 USD and 227 USD. A breakdown of both of these levels will pave the way for Solana to enter a stronger growth phase.

SOL price chart 1 week | Source: TradingView## HYPE – Approaching historical peak, preparing for a new breakout

HYPE has just gone through a explosive week with a 21% increase, bringing the price back close to the all-time high of 50 USD. At the time of writing, HYPE is trading at 48.9 USD, just a small distance from the peak. If the upward momentum continues, it will be the first time this coin surpasses the 50 USD mark.

This strong reversal occurred right after a prolonged adjustment period at the end of July, indicating that the buyers have patiently waited for the right moment to return to the market. Now, the buying force is rising, and the clear goal is to push HYPE to new price levels in the coming months.

If HYPE can turn 50 USD into a solid support level, this coin will enter a price exploration phase – similar to how Ethereum is performing at the 5,000 USD mark. At that point, the next targets will be 54 USD, 60 USD, and 66 USD, respectively. What needs to be avoided now is the return of selling pressure, which could break down the prevailing euphoria in the HYPE market.

HYPE price chart 1 week | Source: TradingViewAnnie