July 2025 surprised everyone. Instead of a summer lull, investors received a month full of exciting events and dynamic increases. Bitcoin reached a new ATH, altcoins began to gain strength, and the market rekindled emotions. Interestingly – this may just be the beginning. In this article, we will analyze what is driving these increases and which cryptocurrencies are worth watching in the coming months.

Why did the market explode right now?

Many analysts predicted stagnation during the summer period. Meanwhile, the reality turned out to be quite different. The price increases of cryptocurrencies have solid foundations.

Firstly, the passage of the One Big Beautiful Bill Act, which plans to increase US debt over the next 10 years. This causes a capital outflow into assets with limited supply, such as Bitcoin or gold. Investors are looking for safe havens and are betting on proven solutions.

Secondly, President Donald Trump announced three growth-oriented bills for the crypto industry: Genius Act, Clarity Act, and Anti-CBDC Act. His administration wants to make the USA the most favorable place for the development of digital assets.

These events led to a new price record for BTC – on July 14, it reached a level of $123,000. At the same time, its dominance began to decline, which may be the beginning of the long-awaited altseason.

7 cryptocurrencies to keep on your radar

As Bitcoin's dominance declines, investors are looking for opportunities in altcoins. Here are projects that could gain significantly if the bull market lasts longer.

1. Bitcoin (BTC)

Despite the decline in dominance, BTC remains the backbone of the market. It has been in an upward trend for 3 years, with an annual average return of as much as 90%. Support from the USA only strengthens its position. BTC attracts attention from both large funds and small investors. If the trend continues, it may surprise us many more times.

2. Ethereum (ETH)

ETH is number two in the market. It serves as the base for the largest TVL in the DeFi ecosystem – over $87 billion, according to data from DefiLlama. Interestingly, the token has yet to surpass its ATH from the previous cycle. This may indicate that it still has a lot of room for growth. Increased confidence from institutions also works in its favor.

3. Solana (SOL)

Solana is becoming a favorite among younger investors. Its low fees and enormous throughput (65,000 transactions per second) make it an excellent base for memecoins. If the altseason gains momentum, memecoins on Solana could become the biggest beneficiaries of fresh capital inflow.

4. Binance Coin (BNB)

BNB is the heart of the ecosystem of the world's largest exchange. Its utility grows every month. Users can stake tokens in Simple Earn, participate in Launchpools, and Megadrop campaigns. Additionally, Binance regularly burns BNB, which reduces supply. This mechanism always works in favor of the price.

5. XRP

XRP is a market veteran and one of the leaders in the cross-border payments segment. It benefits from regulatory changes in the USA and the thaw in relations with the SEC. Moreover, the development of the stablecoin market could give XRP a new impetus. Estimates suggest a possible stablecoin market capitalization of $3 trillion by 2030 – a tenfold increase.

6 Arbitrum (ARB)

Arbitrum is one of the most important Layer 2 solutions for Ethereum. By utilizing optimistic rollups technology, it allows for cheaper and faster transactions while maintaining the security of the main network. The project has gained immense popularity among DeFi and DEX users.

In recent months, activity on the Arbitrum network has significantly increased. With growing adoption, the ARB token is becoming increasingly sought after. It is also worth noting that the Arbitrum ecosystem is continuously expanding – new applications are emerging, and TVL is rising.

If the altseason truly kicks off, Layer 2 projects will be in the spotlight. As the leader of this segment, Arbitrum could gain significantly in value.

7. Injective (INJ)
Injective Protocol is a decentralized platform for trading derivatives that gained fame due to its fast, scalable, and interoperable architecture. INJ operates on a proprietary blockchain built on Cosmos SDK and is integrated with multiple networks.

The project stands out by allowing the creation of custom markets and synthetic assets – this attracts advanced users and institutions. Moreover, the INJ token has shown strong growth since the beginning of the year and has often led the market in short-term rallies.

In the age of growing interest in derivatives and decentralized trading, Injective could be one of those projects that has yet to say its last word.

What’s next for the market? Is it already altseason?

The decline in Bitcoin's dominance, the establishment of an ATH, and the growing interest in altcoins are very strong signals. Moreover – only 2 months remain until the end of Bitcoin's 4-year cycle. Historically, this moment has heralded an explosion of altcoins. Will it be the same this time? We do not know, but the fundamentals look promising.

For now, the market looks strong and determined. More and more people are seeing potential in decentralized projects and future technologies. If you are just starting your crypto journey – this may be the last call to prepare for a possible altseason.