#AltcoinBreakout Several altcoins are showing potential for breakout. Here are some notable ones:

- *Stellar (XLM)*: XLM has surged nearly 60% in the past week, trading around $0.47. Veteran trader Peter Brandt highlighted XLM's chart as promising due to an inverse head-and-shoulders pattern on the monthly chart, with a breakout above $1 being crucial.

- *Theta (THETA)*: Analysts predict a potential 280% breakout from current levels, despite THETA being undervalued.

- *Polkadot (DOT)*: Analyst Joao Wedson believes DOT is in the final stage of its accumulation phase and may break out soon, with potential targets above $10.

- *Toncoin (TON)*: Investor Alex Clay predicts TON is breaking out from a descending triangle pattern, citing 154 days of accumulation.

- *Sui (SUI)*: SUI witnessed a pronounced breakout, attributed to increasing adoption of its blockchain infrastructure and a spike in trading volume.

Some key factors driving these breakouts include.

- *Increased adoption and technical setups*: Many altcoins are showing bullish technical setups and renewed trading interest.

- *Market sentiment*: Positive funding rates and increased open interest indicate optimistic market sentiment.

- *Capital rotation*: Capital rotating from Bitcoin into alternative cryptocurrencies is driving growth in altcoins.

Keep in mind that the altcoin market can be volatile, and traders should remain cautious. Monitoring Bitcoin dominance and macroeconomic factors will be essential for confirming the start of a true alt season.