#AltcoinBreakout

Altcoins have recently broken out of multi-year technical formations such as the cup-and-handle pattern (notably on the TOTAL3 and TOTAL2 charts, which exclude Bitcoin and/or Ethereum), suggesting the potential for the total altcoin market cap to surge towards the $2.78 trillion mark.

Multiple mid- and large-cap altcoins are exhibiting bullish setups like ascending triangles, bullish flags, and breakouts above key resistance levels, indicating strong upward momentum.

Notable Altcoins Experiencing or Poised for Breakouts:

Toncoin (TON): Following a prolonged accumulation phase and significant integration developments within the TON ecosystem (notably the TAC blockchain), TON’s break above $3 signals the end of accumulation and potential for a strong rally in the second half of 2025.

Chainlink (LINK), Cardano (ADA), and Avalanche (AVAX): These blue-chip infrastructure tokens have formed classic bullish technical patterns. AI and technical analyses forecast breakouts with upside targets of 44–264% in the coming month. AVAX, for instance, is showing a descending wedge poised for a potentially explosive move, especially if it breaks the $22 resistance.

Stellar (XLM): XLM surged nearly 60% in a week, outpacing major coins, breaking key resistance at $0.43, and targeting $0.60–$1.00, according to both technical analysis and traders’ momentum data.

NEAR Protocol (NEAR): NEAR confirmed its bullish breakout above $2.72 and is now targeting the $3.00 resistance with strong volume backing the move.

BONK: Surged 19% in trading volume, reflecting the broader resurgence among altcoins.

SUI: Now challenging the $4.30 resistance, with next targets at $5 as altcoin interest rises.

Catalysts and Market Conditions:

Declining Bitcoin Dominance: Bitcoin’s market share has fallen to its lowest point since May 2025, historically a sign of capital rotation into altcoins and the beginning of “altcoin season”.