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Hyperliquid leads with strong derivatives growth and ATH momentum, while Arbitrum tests critical resistance.
SUI faces token unlock volatility but shows strength via developer expansion and network growth.
Bonk breaks out on meme momentum, and Stellar eyes gains amid speculation about stablecoin integration.
The cryptocurrency market navigates a period of consolidation and recalibration, and market experts are increasingly drawn to the next wave of altcoins. These tokens are moving up the watch list not only because of recent price action but also due to their demonstrated strong fundamentals related to the ecosystem, ongoing activity on the networks, and various attributes of future growth potential. The focus this week is on five altcoins in particular, Hyperliquid (HYPE), Arbitrum (ARB), SUI (SUI), Bonk (BONK), and Stellar (XLM).
These assets range from meme coins to Layer-1 or Layer-2 solutions at the higher end of development, featuring a mix of speculation, innovation, and real-world applications.
Market Outlook:
Hyperliquid has seen a continuous rise as a DeFi asset, most recently seeing a new all-time high in the $44 range. The price advantages stem from the increasing interest in decentralized perpetual trading, particularly as demand rises for alternatives that offer faster execution and lower fees.
Expert Analysis:
Analysts are flagging a massive short squeeze and record open interest as signals of institutional and leveraged speculative interest. The asset cleared key levels of resistance and, in the short term, should retest the $46 - $48 range. That said, with RSI cooling and ADX following the Price down, HYPE may enter a consolidation phase before breaking out again.
Why It Matters:
With a focus on efficiency, composability, and clean UX, Hyperliquid is emerging as a flagship name in on-chain derivatives, and traders are eagerly following it for more upside.
Market Updates:
There is a slow recovery in Arbitrum, a Layer 2 scaling solution for Ethereum. After a bounce back from recent lows, it's hovering around $0.32 near a key resistance level.
Analyst Perspective:
Analysts will be waiting to see if there is a clean breakout above this level (especially above $0.32) for a push toward $0.45. Examining the on-chain data, an increase in developer activity is evident, and the total value locked (TVL) is growing, reflecting Arbitrum’s expanding ecosystem.
Why the Cycles Matter:
With Ethereum Layer-2 solutions on the rise, Arbitrum is one of the more likely candidates to benefit from new capital inflows, specifically from DeFi builders and scaling-oriented capital.
Market Outlook:
After a major token unlock event worth roughly $119 million, SUI is on the radar. There will likely be some short-term volatility, but the fundamentals of SUI remain unchanged.
Expert Analysis:
SUI has been gaining momentum due to its innovative Move-based programming language and high-speed execution layer. With a rapidly growing developer community and fresh liquidity injections, it is positioning itself as a scalable Layer-1 rival.
Why It Matters:
Unlock events often lead to short-term price fluctuations. Still, if the broader market remains supportive, SUI could utilize the opportunity to solidify its market capitalization and gain traction with long-term investors.
Market Outlook:
Bonk, the leader of meme coins associated with the Solana blockchain, continues to exceed expectations. After achieving a 42% weekly gain and six consecutive days of green candles, Bonk remains a cause for celebration. Bonk’s recent chart patterns also reflect a breakout from a falling wedge, a historically bullish signal.
Expert Analysis:
The meme token is benefitting from a combination of technical tailwinds and community-led demand. BONK has reclaimed critical Fibonacci levels, indicating it is on the path back to its yearly highs. The sentiment is also overwhelmingly bullish, particularly on social channels.
Why It Matters:
While meme coins remain speculative, Bonk’s alignment with the growing Solana ecosystem, strong branding, and active developer engagement give it more staying power than most of its peers.
Market Outlook:
Stellar has posted a quiet but steady recovery, recently gaining around 6.5% over the week. The coin is approaching a major descending triangle resistance level near $0.26.
Expert Analysis:
If Stellar price continues its momentum, analysts expect a breakout towards $0.285. Recent speculation about the possibility of introducing stablecoins, such as PYUSD, to XLM's payment system has certainly contributed to the price action.
Why It Matters:
Stellar has long been a player in cross-border finance, and any integration with major payment platforms or stablecoins would significantly boost its use case and market positioning.
Also Read: Why Altcoin Traders Should Trade Smarter, Not Hold in 2025
A unique combination of technical indicators, ecosystem development, and investor sentiment bolsters each of these five altcoins. Notably, Hyperliquid warrants attention due to its impressive breakout momentum within the DeFi derivatives sector. Meanwhile, Arbitrum and SUI emerge as formidable contenders in the Ethereum scalability and Layer-1 scaling arenas, respectively, underscoring their potential for growth and adoption.
Bonk is a case study in resilience among meme coins with strong technicals, while Stellar represents stable and realistic integration into the modern payment system.
As the broader market navigates consolidation and macroeconomic uncertainty, these altcoins present diversified opportunities across various sectors of the cryptocurrency ecosystem. Whether you're a trader looking for short-term action or an investor seeking long-term exposure, this week’s top altcoin picks offer a mix of both.
Always conduct thorough research and manage risk accordingly, especially during volatile periods.
Also Read: Top Altcoins to Watch in July That May Outshine Bitcoin
1. What’s fueling Arbitrum’s momentum?
Rising TVL, dev activity, and a push toward $0.45 resistance make ARB a frontrunner among Layer-2 projects.
2. Is SUI a good long-term bet despite the unlock?
Yes, if the network effectively absorbs unlocked supply, SUI could benefit from its Layer-1 scalability and developer adoption.
3. Can BONK sustain its rally?
With strong social traction and bullish chart patterns, BONK has a short-term upside, though it's still high-risk.
4. What makes Stellar a top altcoin this week?
Steady technical performance and rumors of stablecoin integration make XLM appealing for low-volatility exposure.
5. What technical level should traders watch for Hyperliquid next
Traders are eyeing resistance around $43 - $45, with support holding strong near $38 as momentum builds for another breakout
