SOL, XRP, HYPE Set to Rally as Alt Season Gains Steam: Crypto Daybook Americas
The post SOL, XRP, HYPE Set to Rally as Alt Season Gains Steam: Crypto Daybook Americas appeared on BitcoinEthereumNews.com.
By Omkar Godbole (All times ET unless indicated otherwise) A day after the U.S. CPI report, market sentiment remains bullish with traders expecting the Fed to cut interest rates three times this year, starting next week. Crypto pundits expect bitcoin BTC$116,096.88 to reach a new lifetime high. Don’t forget, it’s less than a month since it hit a record around $124,500. However, the real excitement centers on altcoins such as XRP and SOL which are likely to outperform the market leaders, BTC and ether (ETH). “The bull market is far from exhausted. Strong public asset treasuries and expectations of Fed rate cuts provide a supportive macro backdrop, while institutional inflows and growing regulatory clarity continue to add fuel,” Ryan Lee, the chief analyst at Bitget, wrote in an email. “The potential approval of XRP and SOL spot ETFs could serve as a major catalyst, unlocking billions in fresh demand and reinforcing confidence in digital assets as a mainstream asset class,” Lee wrote. They’re not the only ones, with Le Shi, the managing director at market making firm Auros, flagging BNB and HYPE as tokens of interest after they hit all-time highs. “Beyond that, the broader [digital asset treasury] narrative continues to attract both capital and conviction, with SOL, HYPE and CRO among the key tokens to track,” Shi said. Other observers highlighted DeFi protocol Ethena’s ENA as a standout coin as the Fed cuts rates in the coming months. Speaking of institutional demand, Polygon Labs, the team behind the Polygon ecosystem, is working with Cypher Capital, a digital assets investment firm, to expand institutional access to its native token, POL. “We are seeing sustained demand from institutional investors for yield-generating digital assets backed by real network activity,” Aishwary Gupta, global head of payments, exchanges and real-world assets at Polygon Labs,…
Filed under: News - @ September 13, 2025 1:28 am