đ XLM, HBAR, ALGO Surge 10%+: These Altcoins Are Crushing the Crypto Market in July 2025
Move over, Bitcoinâtodayâs action is in the altcoin trenches. Stellar (XLM), Hedera (HBAR), and Algorand (ALGO) just posted double-digit gains while the broader market limped along. Hereâs why traders are flipping bullish.
The Pattern: Breakouts That Actually Break Things
No slow-and-steady here. These tokens ripped through resistance levels like Wall Street analysts downgrading a stock after itâs already crashed. Technicals suggest the momentum isnât just hypeâfor now.
The Catalyst: Real Utility or Just FOMO?
XLMâs cross-border payment rumors got a fresh boost from a Central Bank of Brazil trial. HBARâs enterprise adoption narrative resurfaced after a Fortune 500 partnership leak. ALGO? Letâs just say their âpure proof-of-stakeâ evangelists finally got someone to listen.
The Caveat: Enjoy the RideâJust Watch the Exit
History shows these rallies either mark the start of a new altseason⌠or become tomorrowâs âHow did I get rekt?â Reddit posts. But hey, at least itâs more exciting than watching your bankâs 0.05% APY âhigh-yieldâ savings account.
Stellar eyes further gains as it exceeds $0.50
XLM edges higher by 8% at press time on Monday, reclaiming the $0.50 psychological mark. stellar extends the trendline breakout rally with its seventh positive day, which could be on the back of growing anticipation of PayPalâs USD stablecoin issuance on its network.Â
A daily close above $0.50 WOULD increase the chances of XLM surpassing the year-to-date at $0.5150. Beyond this, the December 1 high of $0.5607 could be the next immediate price target.Â
The shift in the cross-border payment tokensâ trend catalyzes an upshift in the 50-day Exponential Moving Average (EMA), teasing a golden crossover with the 200-day EMA at $0.2772. Typically, sidelined investors consider this a sign of trend reversal and a buying opportunity.Â
The technical indicators share a bullish bias as the Moving Average Convergence/Divergence (MACD) indicator displays a surge of histogram bars above the zero line, while the Relative Strength Index (RSI) at 91 tags the condition as overbought.Â
XLM/USDT daily price chart.
If XLM fails to uphold above $0.50, it could retest the $0.4595 level.Â
Hederaâs breakout rally holds bullish momentum
Hedera trades in the green for the seventh consecutive day with over 3% gains at press time. The sudden spark of bullish momentum in Hedera could be on the back of Hederaâs council member, Australian Payment Plus (AP+), selected to participate in the Reserve Bank of Australiaâs tokenization pilot, Acacia, on Thursday.Â
Hederaâs trendline breakout rally inches closer to the $0.2659 resistance, last tested on March 3. A decisive daily close above this level would increase the chances of further gains in HBAR, targeting the $0.3288 level last tested on January 26.Â
The MACD indicator shows a surge in green histogram bars from the zero line, suggesting increased bullish momentum, while the RSI at 85 points to overbought conditions.Â
HBAR/USDT daily price chart.
A failure to hold above the $0.2288 level marked by the high of May 12 could extend the declining trend towards the 200-day EMA at $0.1800.Â
Algorandâs trend reversal eyes further gainsÂ
Algorand mimics the price action of the other two top performers, extending a trendline breakout rally. ALGO trades higher by over 2% on the day at the time of writing, recording a four-month high.Â
The uptrend targets the $0.3129 resistance level, last tested on February 11.Â
An upshift in the 50-day, 100-day, and 200-day EMAs increases the crossover chances, while they could absorb supply pressure in case of a bearish turnaround.Â
The MACD and RSI indicators are significantly higher above their neutral levels, pointing to increased bullish momentum.Â
ALGO/USDT daily price chart.
If Algorand fails to uphold momentum, a reversal below $0.2595 support level could test the $0.2306 level, last tested on Friday.Â