The altcoin market is buzzing with fresh energy, driven by optimism following President Trump’s decision to delay new tariffs for 90 days. This shift has boosted investor confidence, spotlighting three altcoins—XRP, HYPE, and ONDO—as top performers attracting significant interest and capital inflows.
XRP: Regulatory Optimism Fuels Recovery
XRP has endured a tough period, tumbling 34% to below $1.70 since November 2024 amid economic uncertainty and regulatory challenges. Yet, signs of a turnaround are emerging.
Trump’s tariff pause has calmed market nerves, while the appointment of Paul Atkins, a crypto advocate, as SEC Chairman sparks hope for a more favorable regulatory landscape. This could give XRP the momentum it needs to reclaim its status among leading altcoins.
Technically, XRP eyes resistance at $2.17 and $2.23. A breakout might push prices toward $2.50. Standard Chartered’s bold forecast even suggests XRP could outpace Ethereum by 2028. Ripple’s acquisition of Hidden Road further strengthens its institutional appeal.
Still, caution is key. The $1.96 support level looms large, and a drop below could see XRP revisit lows under $1.70.
HYPE: Strong Revenue Powers Market Defiance
Hyperliquid (HYPE) stands out, climbing 23% last week despite a shaky broader market. Past issues, like the JELLY controversy, had dented confidence, but improving macro conditions tied to Trump’s policy shift are bringing investors back.
HYPE’s strength shines through its protocol revenue, raking in $38 million in transaction fees over the past month, including $2.4 million in a single day. This places it sixth globally, ahead of platforms like PancakeSwap and Tron.
If the rally holds, HYPE could challenge resistance at $14.77, with sights on $17.33 or even $21. But a loss of steam might see it test support at $12.81. A deeper slide could drag prices to $11 or below $10 if altcoin sentiment sours.
ONDO: Institutional RWA Interest Drives Growth
ONDO is riding the wave of enthusiasm for real-world asset (RWA) tokenization, a sector gaining traction among institutions seeking stability in crypto’s volatility. Binance Research highlights RWA tokens as outperforming even Bitcoin during tariff-related uncertainty.
Institutional momentum is clear—BlackRock’s BUIDL token nears $1.5 billion in assets, and Fidelity’s entry into RWA tokenization signals long-term potential. ONDO benefits from this growing credibility.
On the charts, ONDO nears a bullish golden cross, hinting at resistance tests at $0.90 and $0.95, with a shot at breaking $1. However, it sits just above critical support at $0.82. A slip could send it to $0.73 or even sub-$0.70 if bearish pressure mounts.
Conclusion: Opportunity Amid Caution
Trump’s tariff delay has ignited optimism in the crypto market, propelling XRP, HYPE, and ONDO into the spotlight. XRP capitalizes on regulatory hope, HYPE thrives on robust revenue, and ONDO taps into institutional RWA excitement. These tokens show promise as leaders in a recovering market.
Yet, risks linger. Economic uncertainty, regulatory changes, and technical hurdles could derail short-term gains. Investors should stay vigilant, balancing opportunity with careful risk management as the market navigates its next steps.
Disclaimer: This content serves informational purposes only and does not offer investment advice. Always conduct thorough research before making financial decisions. We bear no responsibility for your investment outcomes.