Crypto Surges Today: Top Altcoins to Buy Now for Maximum Gains
Crypto markets roar back as Bitcoin smashes through resistance—altcoins follow suit. Here’s what’s fueling the rally and which tokens are primed to outperform.
The Catalysts Behind Today’s Pump
Institutional inflows, a weakening dollar, and a surprise ETF approval rumor lit the fuse. Traders pile in as fear-of-missing-out (FOMO) hits critical mass.
Altcoins Stealing the Spotlight
Ethereum leads the charge with its Layer 2 ecosystem hitting record TVL. Meanwhile, Solana flips Cardano in daily transactions—again. Watch for sleeper plays like Cosmos and Avalanche as interoperability narratives heat up.
The Ironic Twist
Wall Street still can’t decide if crypto’s a ‘risk asset’ or inflation hedge—so they’re buying both. Classic hedge fund logic: throw money at the problem until the PowerPoint makes sense.
Why crypto is up today
Crypto prices rallied ahead of the upcoming crypto week, during which politicians in Washington will consider three major bills. One of them is GENIUS, which will regulate stablecoins and has already passed in the Senate.
Lawmakers will also consider the CLARITY Act, which separates the roles between the SEC and the CFTC. Additionally, regulators will review a bill to ban Central Bank Digital Currencies in the U.S.
Bitcoin and other cryptocurrencies are also moving higher due to hopes that the Federal Reserve will begin cutting interest rates in September and continue through 2026. Some Fed officials, like Christopher Waller and Michele Bowman, have called for a rate cut as soon as this month.
Fed interest rate cuts are expected to accelerate in 2026 when Donald Trump’s nominee to replace Jerome Powell is sworn in.
Trump, who has called for a 300 basis point cut, has hinted that he will only nominate an official who will cut rates. Bitcoin and other cryptocurrencies historically perform well in a low-interest-rate environment.
Further, crypto is rising due to increasing Bitcoin and ethereum ETF inflows, which signal strong demand from American investors.
Bitcoin ETFs have added over $51 billion in inflows since inception, while Ethereum funds crossed the $5 billion milestone. In a note to crypto.news, Premyslaw Kral, the CEO of Zondacrypto, said:
“We’re observing increased interest from institutional players, largely in the FORM of ETFs, which have significantly changed the reality of the crypto industry, alongside simple capital inflows, as observed now on the BTC market.”
There are also hopes that the Chinese government will legalize cryptocurrencies. A top regulator told a conference that the government was studying digital coins. Unbanning cryptocurrencies WOULD likely lead to increased demand from Chinese individuals and retail investors.
Best altcoins to buy in this crypto bull run
Analysts, including Arthur Hayes believe that the altoin season isaround the corner. Such a move would benefit many altcoins, especially meme coins. Some of the best meme coins to consider are the popular names like Pepe (PEPE), Dogwifhat (WIF), and Fartcoin (FARTCOIN).
Top utility cryptocurrencies, especially those with high ETF approval hopes like Ripple (XRP) and solana (SOL), will be the other top beneficiaries of this bull run. Other top altcoins to buy are Chainlink, Quant, and Hedera Hashgraph.