The crypto market is showing strong signs of entering an altcoin season, with a notable shift in momentum from Bitcoin to various altcoins.
Ethereum (ETH) is leading the charge, meme coins are seeing significant pumps, and XRP has even achieved new all-time highs.
This optimistic outlook is further bolstered by recent legislative developments in the U.S. House of Congress, signaling a potentially more favorable regulatory environment for the broader crypto landscape.
For months, Bitcoin (BTC) dominated the market, driven by the excitement surrounding Bitcoin ETFs and growing institutional interest in “digital gold.” BTC recently hit a record high of $124,000 last week.
However, the narrative is now rapidly changing as altcoins begin their rally, indicating that a full-fledged altcoin season is indeed underway.
Key Market Movements Fueling the Altcoin Surge
Several key market movements are driving the current altcoin surge. Ethereum (ETH) is leading the charge and is often seen as a signal that altcoin season is underway.
$ETH still in control https://t.co/n7VcffyutK pic.twitter.com/9m7DWKrsxO
— Castillo Trading (@CastilloTrading) July 21, 2025
For instance, Castillo Trading noted on X that despite earlier predictions of Bitcoin regaining dominance, Ethereum remains firmly in control of the market momentum.
Adding to this bullish sentiment, meme coins are enjoying a resurgence, indicating a renewed appetite for risk among investors. Furthermore, XRP has achieved new all-time highs, contributing to the overall positive momentum and showcasing the broad participation in this rally.
Meanwhile, the U.S. House of Congress has passed several major crypto-related bills, improving regulatory clarity.
With initiatives like “Crypto Week” and proposals such as the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act, the market is gaining a more stable and attractive policy backdrop for future growth.
Below are five top altcoin and meme coin plays gaining attention during this bullish phase:
Bitcoin Hyper (HYPER)
Bitcoin Hyper introduces the first-ever Layer 2 built for Bitcoin and is already gaining strong attention. Still in its presale phase, the project impresses with unique dApp features that resonate with the community.
It blends Bitcoin’s classic appeal with a functional meme coin twist. Transactions move fast and smooth on Bitcoin Hyper’s Layer 2, with no delays and seamless speed.
Powered by Solana, the network delivers exceptional speed and scalability. A trustless bridge supports 1:1 BTC minting onto the Layer 2, adding even more utility.
Bitcoin Hyper stands out as a top altcoin to watch this August, ticking all the right boxes at the perfect time. In just three weeks, the project raised $4.1 million, showing strong momentum.
Crypto YouTuber ClayBro recently called Bitcoin Hyper a possible next crypto to explode, pointing out its fast and scalable tech, unique Layer 2 features, and growing presale hype. ICOBench also named it one of the best cryptos to buy right now.
Right now, $HYPER is priced at $0.01235. This price is available before the current presale round closes and the next pricing tier takes effect. Buy $HYPER directly on the Bitcoin Hyper website using SOL, ETH, USDT, BNB, or even a credit card.
For a smoother presale experience, use Best Wallet. $HYPER already appears in the Upcoming Tokens section, making it simple to track, manage, and claim tokens. $HYPER also focuses on long-term growth. Holders can stake their tokens and earn rewards, with yields currently up to 225% APY.
Visit Bitcoin Hyper
Toshi (TOSHI)
The second memecoin gaining attention this altcoin season is Toshi (TOSHI). Often referred to as the “face of Base,” Toshi continues to ride the momentum of the Base chain. As Ethereum gains strength, Base and its associated assets are also seeing increased traction.
Over the past week, $TOSHI is up more than 16%, and over the past month, it has climbed over 37%. With this kind of momentum on the Base chain, many expect Toshi to surge even further.
Price predictions suggest the project could reach a market cap between $2 billion and $4 billion, pointing to a potential 10x to 20x return.
In a recent post on X (formerly Twitter), user @DopeOxide expressed strong confidence that $TOSHI is set to make new highs within the week.
Citing technical analysis, the tweet points to the Bollinger Bands on the 3-day chart, which appear to be tightening. This is a classic signal that a price breakout could be near.
The accompanying chart shows $TOSHI consolidating along a trendline while staying within narrowing Bollinger Bands, which indicates a build-up of momentum. According to DopeOxide, “Expansion is coming sooner than you think,” which hints that a bullish move may be imminent.
The official $TOSHI plushie is here.
Ultra high quality. Limited supply.
Free shipping when you order 2+.https://t.co/PjcZ3TC85X pic.twitter.com/t2zzrLUz45
— TOSHI (@Toshi_base) July 18, 2025
Toshi has also made headlines with major announcements and partnerships, including the launch of a new plushie line inspired by the success of Pudgy Penguins, as well as the introduction of Toshi Mobile, a decentralized Web3-powered private mobile network.
Toshi continues to be seen as a high-conviction play and remains one of the most bullish picks among Base-based meme assets.
Watch the video above to see the full list of the next cryptos set to explode as altseason approaches.
Snorter Token (SNORT)
Snorter Token (SNORT) isn’t just another meme coin with a funny name. It powers the Snorter Bot, a fast and easy-to-use crypto trading bot built right into Telegram.
This bot focuses on speed and efficiency, especially during fast-moving meme coin launches on Solana. It gives regular traders the kind of tools usually reserved for big players.
Snorter Bot offers lightning-fast swaps, auto sniping that grabs tokens as soon as liquidity appears, and smart scam detection to help users avoid honeypots and rug pulls. In beta testing, the scam filter hit an 85% success rate.
Snorter Token stands out by offering real tools that actually help traders. Holding $SNORT does more than connect users to the community. It unlocks useful perks across the Snorter Token platform.
One major benefit is lower trading fees. Competing bots often charge around 1.5% per trade, but $SNORT holders only pay 0.85%, making it one of the most affordable bots in the space.
Crypto media outlet Finance Feeds named Snorter Token a next crypto to explode, citing its utility and growing user base.
Holders can also earn through staking. At the moment, the staking reward is around 180% APY, allowing users to grow their $SNORT simply by holding it.
Snorter Token’s presale has already raised approximately $2.2 million, with the current price set at $0.0989. Buyers can grab tokens on the official Snorter Token website or through the Best Wallet app.
In a market where crypto ETFs fuel institutional interest and retail traders chase faster profits, tools like Snorter Bot are not just helpful. They are essential.
Visit Snorter Token
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.
