Before the SEC and BlackRock tokenization roundtable meeting, five major altcoins - ONDO, ETH, ENA, LINK, and XLM - are gaining attention.
Institutional interest and technical signals indicate that Ethereum and related altcoin projects may soar in the short term.
As investors await the SEC's upcoming tokenization roundtable on May 12, 2025, they are closely monitoring key altcoins expected to rise significantly. This meeting will feature heavyweights such as BlackRock, Franklin Templeton, and Invesco, aimed at shaping the future of Real World Asset (RWA) tokenization.
Regarding the relationship between altcoins and other cryptocurrencies, one must see how BlockSholes describes it below.
Altcoin season, or 'altseason,' is typically characterized by periods when altcoins significantly and consistently outperform major tokens like Bitcoin and Ethereum.
In this article, we will briefly introduce five altcoins that are about to soar before the SEC and BlackRock meeting and their current market price trends, as well as the reasons.
Ondo Finance (ONDO): Connecting Traditional Finance and Blockchain
Ondo Finance stands out with its innovative approach to tokenizing traditional financial instruments. With the upcoming SEC meeting, ONDO's current price is $0.8715, up 0.79% from the previous trading day.
Ethereum (ETH): The Pillar of Tokenization
Ethereum continues to serve as the foundational platform for decentralized applications and tokenization projects. BlackRock's largest Ethereum spot ETF - ETHA, further solidifies its position.
ETH is currently trading at $1,845.84, up 1.74% in the past day and 2.28% in the past week. Analysts believe that driven by bullish technical patterns and institutional investor interest, Ethereum's price could reach $3,793.
Ethena (ENA): Innovative Stablecoin
Ethena's synthetic dollar protocol USDe is making waves in the stablecoin market. With a circulation of over $4.6 billion, its collaboration with Securitize and the BlackRock BUIDL fund positions it favorably. ENA's current price is $0.2737, up 4.61% in the past day.
Chainlink (LINK): Facilitating Cross-Chain Interoperability
Chainlink's Cross-Chain Interoperability Protocol (CCIP) is crucial for many tokenization projects, enabling seamless data transfer across blockchains. Nasdaq points out that as the industry gradually shifts towards interconnected systems, LINK's importance is increasingly highlighted. Currently, LINK's price is $13.93, up 2.19% in the past day.
Stellar (XLM): Empowering Tokenized Funds
Stellar's partnership with Franklin Templeton, especially in managing a $450 million tokenized fund, highlights its significance in the Real World Assets (RWA) space. With the SEC roundtable approaching, XLM's role is under close scrutiny. Currently, XLM's trading price is $0.2633, up 2.19% in the past week.
As such, with growing institutional interest and evolving regulatory frameworks, Ethereum's foundational role in tokenization gives it potential for growth.
As CNF recently emphasized its current development, ETH's price trend is reminiscent of 2017: Can Ethereum replicate its 25,000% surge? Analysts predict that under favorable conditions, ETH could reach the $3,793 mark in the foreseeable future. Please refer to the ETH price chart below.
If you've been stumbling in the crypto world without finding direction! Or if you've been losing money! You can follow me!
Before the SEC and BlackRock tokenization roundtable meeting, five major altcoins - ONDO, ETH, ENA, LINK, and XLM - are gaining attention.
Institutional interest and technical signals indicate that Ethereum and related altcoin projects may soar in the short term.
As investors await the SEC's upcoming tokenization roundtable on May 12, 2025, they are closely monitoring key altcoins expected to rise significantly. This meeting will feature heavyweights such as BlackRock, Franklin Templeton, and Invesco, aimed at shaping the future of Real World Asset (RWA) tokenization.
Regarding the relationship between altcoins and other cryptocurrencies, one must see how BlockSholes describes it below.
Altcoin season, or 'altseason,' is typically characterized by periods when altcoins significantly and consistently outperform major tokens like Bitcoin and Ethereum.
In this article, we will briefly introduce five altcoins that are about to soar before the SEC and BlackRock meeting and their current market price trends, as well as the reasons.
Ondo Finance (ONDO): Connecting Traditional Finance and Blockchain
Ondo Finance stands out with its innovative approach to tokenizing traditional financial instruments. With the upcoming SEC meeting, ONDO's current price is $0.8715, up 0.79% from the previous trading day.
Ethereum (ETH): The Pillar of Tokenization
Ethereum continues to serve as the foundational platform for decentralized applications and tokenization projects. BlackRock's largest Ethereum spot ETF - ETHA, further solidifies its position.
ETH is currently trading at $1,845.84, up 1.74% in the past day and 2.28% in the past week. Analysts believe that driven by bullish technical patterns and institutional investor interest, Ethereum's price could reach $3,793.
Ethena (ENA): Innovative Stablecoin
Ethena's synthetic dollar protocol USDe is making waves in the stablecoin market. With a circulation of over $4.6 billion, its collaboration with Securitize and the BlackRock BUIDL fund positions it favorably. ENA's current price is $0.2737, up 4.61% in the past day.
Chainlink (LINK): Facilitating Cross-Chain Interoperability
Chainlink's Cross-Chain Interoperability Protocol (CCIP) is crucial for many tokenization projects, enabling seamless data transfer across blockchains. Nasdaq points out that as the industry gradually shifts towards interconnected systems, LINK's importance is increasingly highlighted. Currently, LINK's price is $13.93, up 2.19% in the past day.
Stellar (XLM): Empowering Tokenized Funds
Stellar's partnership with Franklin Templeton, especially in managing a $450 million tokenized fund, highlights its significance in the Real World Assets (RWA) space. With the SEC roundtable approaching, XLM's role is under close scrutiny. Currently, XLM's trading price is $0.2633, up 2.19% in the past week.
As such, with growing institutional interest and evolving regulatory frameworks, Ethereum's foundational role in tokenization gives it potential for growth.
As CNF recently emphasized its current development, ETH's price trend is reminiscent of 2017: Can Ethereum replicate its 25,000% surge? Analysts predict that under favorable conditions, ETH could reach the $3,793 mark in the foreseeable future. Please refer to the ETH price chart below.
If you've been stumbling in the crypto world without finding direction! Or if you've been losing money! You can follow me!
