As the U.S. inches closer to comprehensive crypto legislation, market sentiment is turning bullish. Senate Banking Chair Tim Scott recently announced that the majority of the country’s pending crypto bills are expected to be passed by August 2025. This significant policy shift has prompted crypto traders and investors to reposition their portfolios, with several altcoins showing strong potential for gains in the coming months.
Crypto Market Rebounds on Policy Optimism
The timing of Senator Scott’s statement aligns with a broader recovery in the crypto space. On April 13, Bitcoin and all top 10 altcoins were on an upward trend, pushing the total global crypto market capitalization to $2.79 trillion. The surge in investor confidence suggests that a sustained rally may be underway, especially as the U.S. positions itself as a regulatory leader in the digital asset space.
Senator Scott emphasized that the upcoming bills aim to solidify the U.S. as a global crypto hub, ensuring stability, clarity, and innovation within the financial system. This follows another milestone earlier this week, as President Donald Trump signed the first-ever crypto-focused bill, eliminating outdated tax reporting requirements for DeFi platforms.
Top Altcoins to Buy Ahead of August Legislation
With the U.S. becoming increasingly pro-crypto, now is a crucial time to evaluate which altcoins offer the most promising upside. The following three are standing out:
1. Ripple (XRP)
XRP is currently the largest U.S.-originated altcoin by market capitalization — a major advantage as local regulations evolve. The four-hour chart signals a bullish trend, with the Relative Strength Index (RSI) climbing to 63, indicating strong buying momentum. Meanwhile, the MACD and green histogram bars confirm further bullish pressure.
If XRP maintains its trajectory, it may breach resistance at $2.23, opening the door for a 17% surge toward the 161.8% Fibonacci level at $2.61. A move beyond that could potentially push XRP past the $3 mark, establishing new highs amid regulatory tailwinds.
2. Solana (SOL)
SOL is also making waves, currently trading at $132, following a 10% increase in the past 24 hours. Technical analysts suggest that a weekly close above $120 could trigger a strong rally toward $180. SOL has recently broken above the upper boundary of a long-standing descending trendline — a pattern that often signals trend reversals.
With momentum building and the SEC dropping charges against related Solana protocols, SOL may gain further institutional interest, potentially driving the price up to $257.
3. Pi Network (PI Coin)
Pi Network (PI) has captured attention with a 15% intraday gain, accompanied by a 200% increase in trading volume, crossing $663 million. What makes Pi unique is its expanding utility and adoption in the U.S. market. For instance, Zito Realty now accepts Pi as payment, and Chainlink has integrated Pi into its Data Streams, increasing its visibility and legitimacy.
Technically, PI is forming an ascending triangle pattern, a classic indicator of upward continuation. Both the AO histogram and RSI point northward, suggesting that a bullish breakout may be imminent — reinforcing optimistic forecasts for Pi Coin in the coming weeks.
Final Summary: Positioning for Growth
With the U.S. likely to approve critical crypto bills by August 2025, the market is on the cusp of significant transformation. Investors who position early could benefit from a potential breakout across multiple altcoins.
To recap, the top altcoins to buy before the legislation takes effect are:
Ripple (XRP)
Solana (SOL)
Pi Network (PI)
Each of these altcoins presents strong technical setups and growing adoption. As always, investors are advised to perform their own due diligence and manage risk carefully in these volatile conditions.