- XRP’s $5B Circle bid rejected; SEC talks may resolve lawsuits as price hints at bullish reversal.
- Sui integrates Bitcoin tools, plans Dubai reveals after passing Avalanche/Chainlink in market value.
- Hedera’s 80% ETF approval odds, Nairobi asset tokenization deal could propel HBAR’s 8% weekly gain. Â
As cryptocurrency markets trend upward, analysts at Altcoin Buzz identify three altcoins with potential for near-term growth: XRP, Sui (SUI), and Hedera (HBAR). Each project has advanced partnerships or regulatory developments that could influence price movements.
XRP Eyes Stablecoin Market and Regulatory Progress
XRP, linked to Ripple, recently attempted a $5 billion acquisition of Circle, the issuer of USDC stablecoin. Circle declined the offer, which aimed to expand Ripple’s influence in stablecoins. Separately, Ripple executives reportedly engaged with new SEC Chair Paul Atkins, potentially resolving ongoing legal disputes. Technical charts suggest XRP’s price may rise if these efforts materialize.
Sui Integrates Bitcoin Tools Ahead of Dubai Event
Sui has integrated Stacks and sBTC, enabling Bitcoin holders to interact with its blockchain. The network’s market value now exceeds Avalanche and Chainlink. A Dubai conference, Sui Base Camp, will showcase upcoming projects and collaborations. Co-founders project Sui could reach multi-trillion-dollar status within 8–12 years as adoption grows.
Hedera’s ETF Prospects and Asset Tokenization Push
Hedera reports an 80% likelihood of securing ETF approval, which analysts say could lift HBAR’s price. The blockchain collaborates with the Nairobi Stock Exchange to digitize real estate and equities. Known for low fees and high speed, Hedera positions itself as a leader in converting physical assets to digital tokens. Market watchers anticipate HBAR’s upward trend to continue.
XRP trades 3% higher this week, while HBAR gained 8%. Sui’s price dipped 2% despite its integrations, reflecting mixed responses to development milestones. ETHNews analysts caution that regulatory outcomes and partnership execution will determine sustained growth.
SUI is currently trading at $3.67, up +4.59% on the day, with a massive +23.70% gain over the past week and a +61.96% surge over the past month. Although it’s still down -10.82% year-to-date, SUI has soared +221.29% over the last 12 months, and over +213.60% since its all-time low, highlighting a powerful trend reversal. Its market capitalization now stands at $11.92 billion, with a strong 24-hour trading volume of $1.54 billion.
From a technical standpoint, SUI is consolidating just below the $3.80 resistance, a critical zone flagged by traders as a potential inflection point. If SUI breaks this level, it could quickly push toward $4.30, with potential extensions to $5.00, close to its all-time high of $5.37.
Conversely, if a correction takes hold, the $3.15–$3.25 range is a probable retracement zone, followed by $2.92 as deeper support. Indicators are slightly overheated, with the RSI at elevated levels, suggesting the rally might pause soon unless strong catalysts emerge.
On the fundamental side, SUI’s rise has been fueled by major investor buzz tied to Web3 gaming narratives, especially rumors involving Pokémon trading card integrations, which helped fuel over 60% gains last week.
Additionally, the upcoming Token2049 event in Dubai and an imminent token unlock (2.28% of circulating supply) are adding speculative heat and volatility to the asset. Despite some traders entering shorts in the $3.60–$3.80 zone, the overall sentiment remains bullish in the medium term.
HBAR is currently trading at $0.1887, marking a solid +3.60% daily gain, and extending a +4.63% gain over the past week, with a monthly increase of +15.79%. However, the token remains down -29.67% year-to-date, despite a sharp +314.31% surge over the past 6 months and an annual performance of +101.41%.
HBAR still trades below its all-time high of $0.4010, but the price structure suggests renewed accumulation. The current market capitalization is approximately $7.97 billion, with a 24h trading volume of $175 million.
From a technical perspective, HBAR is consolidating above support at $0.17, with bullish momentum building toward the $0.21–$0.23 resistance zone. Traders are watching for a breakout that could send the price toward $0.26 and $0.30.
If HBAR fails to sustain above $0.18, it could revisit $0.165 or even $0.14 for a retest. Indicators remain neutral-to-bullish, and the asset has formed what may be a bull flag continuation pattern.
On the fundamental side, HBAR is attracting attention through strategic developments:
- The SEC has delayed its decision on a proposed Hedera-based ETF, highlighting growing institutional interest, though regulatory clarity remains pending.
- The Hedera team recently launched HashSphere, a new EVM-compatible enterprise chain, aiming to expand Hedera’s footprint in tokenized finance.
