BNB: Strong token burn and ETF news push BNB closer to its all-time high.
TRX: Tron gains momentum as USDT activity and network upgrades boost investor confidence.
HYPE: Hyperliquid hits new highs driven by ICO activity and rising trading volume.
Crypto is moving fast again, and a few promising altcoins are starting to gain serious ground. While most of the market moves sideways, Binance Coin, Tron, and Hyperliquid are showing real strength. These tokens aren’t just climbing—they’re building momentum. With strong fundamentals, rising volume, and bullish setups, they may be close to breaking new ground. Let’s look at why each one stands out in this market moment.
Binance Coin (BNB) Eyes a New Record
Source: Trading View
BNB has been climbing steadily, now trading around $705. That’s a 2.34% daily gain and 6.5% over the week. The price remains under the all-time high of $793, but momentum keeps growing. A massive $1 billion token burn helped fuel the recent price push. This move came as Binance recorded $170 billion in decentralized exchange volume for June alone. Technical signals also tell a bullish story. BNB broke above key moving averages. The MACD and RSI indicators both show strong upward momentum. Investor interest grew even more after VanEck filed for a BNB ETF. That filing added a new layer of confidence to the market outlook.
Tron (TRX) Rises with Stablecoin Demand
Source: Trading View
Tron’s TRX is slowly making a comeback. The token now sits at $0.303, up nearly 0.87% in 24 hours. Over the past week, the price climbed 5.48%. What’s behind this rise? Tron’s growing role in stablecoin transfers plays a big part. The USDT supply on the Tron network reached a record $81.77 billion. That figure shows strong demand for USDT on Tron over other chains. Founder Justin Sun recently proposed a change to Tron’s gas fees. This move aims to boost efficiency and make transactions cheaper. These updates improve the project’s fundamentals and attract more users. While TRX hasn’t reached past highs, its strong utility keeps pushing the price upward.
Hyperliquid (HYPE) Enters Price Discovery
Source: Trading View
HYPE might be the strongest performer right now. On July 14, the token hit a new record at $49.86. The price now sits slightly lower at $49.26, still showing solid gains. Daily growth hit 2.64%, while the weekly surge reached a massive 23.2%. These numbers speak volumes about rising interest in the token. Part of the hype comes from the Pump.fun platform, where ICO-related activity soared. Traders placed over $11 million in short positions during this wave. As more users interact with the Hyperliquid protocol, demand keeps rising. With no major resistance in sight, HYPE remains in the price discovery phase and could climb even higher.
BNB benefits from strong burn activity and ETF optimism. TRX rides the wave of stablecoin growth and improved network use. HYPE leads with record highs and surging demand. Each token shows strong signs of further gains. Keep an eye on these altcoins—they may not stay this low for long.
