Donald Trump’s election victory has fueled optimism about the top altcoins issued by US-based firms. Moreover, many experts have further fueled optimism by expecting a surge in crypto ETFs this year. Therefore, here are some of the best altcoins to watch amid the ETF hype, such as XRP, SOL, HBAR coin and others.
Top altcoins to watch amid crypto ETF buzz
XRP, SOL, HBAR and others are among the top altcoins to watch right now in anticipation of rising ETFs after Donald Trump’s election victory. For context, these leading altcoins have received a lot of attention with recent insights from Bloomberg analysts Eric Balchunas and James Seyffart. The analysts predicted that Litecoin and Hedera ETFs will be the first to launch, given their regulatory clarity compared to Solana and XRP.
The first wave of crypto ETFs is expected to include Bitcoin and Ethereum dual offerings, which are already gaining traction among institutional investors. Firms such as Bitwise, Franklin Templeton and Hashdex have applied for these ETFs, signaling their confidence in regulatory approvals. These products could lay the groundwork for the best altcoin ETF, especially for assets such as Litecoin, which is considered a commodity.
Watch out for HBAR coin and other cryptos
Hedera stands out due to its classification by the SEC outside the “securities” label, making it a prime candidate for early ETF adoption. On the other hand, XRP and Solana face regulatory hurdles that could delay their ETF launches, but their market popularity keeps them in the spotlight. This evolving landscape could redefine crypto investments, offering new opportunities for both retail and institutional players.
The crypto market witnessed significant gains following Trump’s victory in November. In this context, the market expects a pro-crypto regulatory environment in the US under a Republican government. This is also creating a buzz on ETFs as investors keep a close eye on the top altcoins. In other words, ETF buzz has been one of the main catalysts behind the price surge of these cryptocurrencies. The XRP price has risen 63% in the last month to trade at $2,238, with a 30-day range of $1,296 to $2,869. Its quarterly growth reached an impressive 278%, making it the 4th largest cryptocurrency by market capitalization with a market cap of $127 billion.
HBAR’s price has surged 116% to $0.31 in the past month, posting a 424% gain on a quarterly basis. It ranks in the top 20 by market capitalization at $11.87 billion. Meanwhile, the price of Solana (SOL) fell 21% to $192 last month but posted a 28% quarterly gain. With a market capitalization of $92 billion, Solana ranks as the 6th largest cryptocurrency.
To stay up-to-date with the breaking news, follow us on Twitter, Facebook, and Instagram. Join our Telegram and YouTube channel
