5 Altcoins Set to Surge Before SEC–BlackRock Meeting—Here’s Why
The post 5 Altcoins Set to Surge Before SEC–BlackRock Meeting—Here’s Why appeared on BitcoinEthereumNews.com.
Five key altcoins—ONDO, ETH, ENA, LINK, and XLM—are gaining traction ahead of the SEC–BlackRock tokenization roundtable. Institutional interest and technical signals position Ethereum and related altcoin projects for potential near-term surges. While in an awaits the SEC’s upcoming roundtable on tokenization, scheduled for May 12, 2025, investors are eyeing key altcoins poised for potential surges. This event, featuring heavyweights like BlackRock, Franklin Templeton, and Invesco, aims to shape the future of real-world asset (RWA) tokenization. For this context of altcoins in relations to other crypto, one must see that as the BlockSholes describes it below. Altcoin season, or “altseason,” is usually characterized by a period of significant and sustained outperformance of altcoins beyond that of major tokens like Bitcoin and Ethereum. In this article, we will look briefly on 5 altcoins set to surge and their current market price movements, before SEC–BlackRock meeting, and why. Ondo Finance (ONDO): Bridging Traditional Finance and Blockchain Ondo Finance stands out with its innovative approach to tokenizing traditional financial instruments. With the SEC meeting on the horizon, ONDO’s current price is $0.8715, reflecting a 0.79% increase in the past day. Ethereum (ETH): The Backbone of Tokenization Ethereum continues to be a foundational platform for decentralized applications and tokenization projects. Its role is further solidified by BlackRock’s ETHA, the largest spot Ethereum ETF. Currently trading at $1,845.84, ETH has experienced an uptick of 1.74% in the past day, and 2.28% in the past week. Analysts suggest that Ethereum’s price could reach $3,793, driven by bullish technical patterns and increased institutional interest. Ethena (ENA): Innovating Stablecoins Ethena’s USDe, a synthetic dollar protocol, is making waves in the stablecoin market. With over $4.6 billion in circulation, its collaboration with Securitize and BlackRock’s BUIDL fund positions it favorably. ENA is currently priced at $0.2737, marking a 4.61% gain…
Filed under: News - @ May 7, 2025 1:27 am