Best Altcoins Rally as XRP Hits $3 and GENIUS Act Boosts Ripple’s Stablecoin Plans

$XRP hit $3 anew as whales went on a shopping spree of Ripple Labs token in the last two weeks.

Plus, rumors of an end to Ripples legal battle and the approval of $XRP ETFs further fueled optimism for the cryptocurrency.

While the big players like $XRP, Bitcoin ($BTC), and Ethereum ($ETH) are currently grabbing the headlines, altcoins like Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST) are also poised to benefit from the recent market surge.

Whales, Regulatory Clarity Drive $XRPs Price

$XRP continued its upward momentum over the past month to $3.26 today, just a couple of cents from this years high of $3.28. If this surge continues, its ATH of $3.84 in January 2018 could be well within reach.

Whale buys have been the major driver behind $XRPs recent surge. According to crypto analyst Ali Martinez, whales snapped up 2.2B $XRP just in the past two weeks.

Investors anticipate good news for $XRP in the coming weeks and months.

For one, Ripples drawn-out legal battle with the SEC could end today. Then, $XRP ETF applications could finally get approved by October this year.

The upcoming vote by the US House of Representatives on the GENIUS Act has also helped drive $XRPs price.

If US President Trump signs the act into law, it will give stablecoin issuers much-needed regulatory clarity.

Ripple and its $RLUSD stablecoin are well-aligned with the GENIUS Act, which could give it a first-mover advantage, fuelling optimism for the companys future.

All bodes well for $XRP, which is up by 46.76% this month and by 10.28% over the last 24 hours, according to CoinMarketCap data.

Indeed, $XRP and $ETH have outpaced $BTC in the last seven days, making analysts wonder if altcoin season is finally here.

3 Altcoins That Could Surge Along with $XRP

If youre looking to capitalize on the potential altcoin surge, these three tokens are definitely worth considering:

1. Bitcoin Hyper ($HYPER) –Adding Speed, Low Fees, and Scalability to the Bitcoin Ecosystem

Anything Bitcoin-related is hot stuff. $BTC, after all, is the world‘s most valuable crypto. That’s why Bitcoin Hyper ($HYPER) is worth a second look.

The project aims to solve common problems that plague the Bitcoin ecosystem: slow transactions, high fees, and limited scalability.

The solution: a Bitcoin Layer 2 that combines the security of Bitcoin with the speed of Solana.

Bitcoin Hyper integrates the Solana Virtual Machine to enable the execution of fast and scalable smart contracts on Bitcoin. Meanwhile, its Canonical Bridge helps secure $BTC transfers between Layers 1 and 2.

Powering this project is its native $HYPER token. Holding this token will let you capitalize on Bitcoins growing ecosystem, plus enjoy extra benefits like governance rights and exclusive access to certain features, dApps, and utilities.

You can also use the token to pay for transactions and smart contract fees within the L2. Staking is available too, so you can earn passive rewards, which are currently set at a rate of 285% p.a.

Each $HYPER token only costs $0.0123 at its official presale page. But a price increase is coming in the next 24 hours, so its best to act quickly.

2. Best Wallet Token ($BEST) –A Secure and Feature-Packed Crypto Wallet

As demand for crypto grows, so too does demand for a reliable wallet to keep digital assets secure. Enter: Best Wallet.

As a non-custodial wallet, it gives you total control over your private keys. This means only you can sign off on transactions and provides proof of ownership of your crypto.

You can do a lot more with Best Wallet than just store your crypto.

It has a Token Launchpad that lets you find and buy select token presales directly from your wallet app.

You can also buy and sell crypto, do cross-chain swaps, manage your portfolio, deposit your crypto to Best Wallet from other wallets, and more.

To get the most out of your wallet, buy the Best Wallet Token ($BEST). It comes with exclusive perks, like lower transaction fees, earlier access to projects in the Token Launchpad, and the ability to vote on key decisions within the Best Wallet ecosystem.

You can get $BEST from the Best Wallet Token presale page or via the Best Wallet app for only $0.025345. The project also offers a generous 98% p.a. reward rate if you prefer to lock your token into the staking pool.

3. Ethereum ($ETH) – The Worlds Biggest Altcoin

Of course, we cant talk about altcoins without mentioning $ETH. In recent weeks, the worlds biggest altcoin has benefited dramatically from institutional and corporate demand, breaching the $3K for the first time since January.

Last week, gaming company SharpLink made a massive buy of 74,656 $ETH, making it the largest corporate holder with a total of over 280K $ETH.

In addition, spot $ETH ETFs saw a surge in inflows led by BlackRocks $499M in inflows.

Both factors have helped boost $ETHs price, which is currently at $3,473.14.

As the leading altcoin in the market, Ethereum is a sensible buy, especially if you want to diversify your portfolio conservatively.

Unlike the first two altcoins we featured on our list, $ETH is already available in major crypto exchanges.

Altcoin Season Coming？

Mounting interest in altcoins has some analysts forecasting that altcoin season is imminent. The signs are all there, with $XRP and $ETH leading the way.

When the season does come into full bloom, top presales like Best Wallet Token ($BEST) and Bitcoin Hyper ($HYPER) could see a boost in attention and investment.

If youre planning on buying crypto, be sure to do your research first. This is not investment advice.