XRP, SEI, HBAR, SUI, SOL: The Only 5 Altcoins That Matter for an August Bull Run

After a tough week where Bitcoin dropped back to retest its previous all-time high of around $112,000, many altcoins also saw big losses. But with signs of recovery appearing, a few altcoins are now standing out with strong use cases, adoption, and price potential.

listed five altcoins that could bounce back if the market turns bullish this week.

XRP is seeing increased attention due to Ripple’s application for a national trust bank charter in the U.S., which could open doors to institutional crypto custody and settlement services.

A U.S. healthcare firm, Wellgistics Health, also announced it will use XRP as a reserve asset and for payments in its operations. There are also rumors about an XRP ETF linked to Trump’s Truth Social. While some predict XRP could reach $10,000, the analyst said a more realistic price this cycle is between $6 and $10. Right now, XRP is trading around $3.

SEI is being seen as one of the most undervalued coins right now. In July, it handled $73 billion in transactions and added nearly 500,000 new wallets, even more than Ethereum and Avalanche.

Its daily trading volume reached $54 million. SEI’s total locked-in value has grown from $28 million to over $600 million, and it’s backed by big names like Circle. Hence the analyst said that SEI could be a strong altcoin for the next market run.

HBAR surged recently after being listed on Robinhood, giving over 25 million users access to it. It has been added to Grayscale’s crypto fund, and there is growing excitement about a possible HBAR ETF with high approval chances.

Samsung, BlackRock, and Fidelity are also using Hedera to tokenize real-world assets. With over $470 million in volume and rising interest, HBAR is becoming a strong altcoin to follow.

Many in the market believe a Solana ETF approval could come as early as September 17. The asset is already leading the pack in , proving its use case.

An SEC green light for a spot SOL ETF is the next major catalyst that could bring in institutional capital into the ecosystem.

The token for the Pudgy Penguins NFT project, PENGU, is now one of the most traded crypto assets in the market, with on-chain data showing significant . A that includes tokens and NFTs could be approved by August 23.