As the US House prepares to vote on crypto bills, analyst points out the 3 ‘industry-ready’ altcoins to benefit the most The list includes Hedera (HBAR),
Tech
3 ‘Institution-Ready’ Altcoins to Watch Now: HBAR, ONDO, SEI
The US House Republicans managed to pass a key procedural vote on Wednesday, reviving three major crypto bills including the GENIUS Act. This came after a failed attempt on Tuesday, when 12 Republicans joined Democrats to block the motion.
The final vote is expected as early as today, July 18. With strong support from Donald Trump, these bills could push crypto innovation in the U.S and could especially drive prices higher on these 3 ‘Institution-Ready’ altcoins the analyst has pointed out.
Hedera (HBAR)
Hedera is not a traditional blockchain, but a hashgraph, offering faster and more secure transactions. It can process 10,000 transactions per second, far surpassing Bitcoin‘s 7 TPS and Ethereum’s 30 TPS.
Hedera is heavily involved in two of cryptos fastest-growing sectors: real-world assets (RWA) and AI integration. With a market cap above $10 billion and recent 30-day gains of nearly 50%, HBAR is already showing strong bullish signs. As regulation opens new doors in the U.S., Hedera is set to be one of the first platforms compliant enough to onboard real institutional capital.
Ondo Finance (ONDO)
Ondo is at the forefront of tokenized real-world assets, providing blockchain access to financial instruments like bonds, stocks, and ETFs. What makes Ondo even more attractive is its soon-to-launch Global Markets platform, which is trying to bring publicly traded financial assets on-chain.
Ondos Global Markets Alliance includes top crypto wallets, exchanges, custodians, and protocols. The BNB Chain recently joined, showing cross-chain support.
Currently priced around $0.96 with a market cap of $3 billion, ONDO has seen a 16% surge in a week and could potentially 5x, especially if tokenized RWAs become mainstream.
Sei Network (SEI)
Sei is a blockchain designed specifically for financial apps and DeFi, and it brands itself as the fastest Layer-1 for trading.
A big development is that Circle will soon launch native USDC on Sei. With over $60 billion in liquidity, USDC‘s integration will likely attract traders and liquidity providers. Sei’s Total Value Locked (TVL) is already up over 180% in 2024, with stablecoin TVL alone doubling.
Backed by top U.S. investors like Coinbase Ventures and Multicoin Capital, and with an ETF application in the pipeline from Canary Capital, Sei is strengthening its foothold in U.S. markets.
With a current price of $0.35 and a market cap just over $2 billion, its the smallest of the three, but has the highest upside, with the analyst predicting prices of $1–2 in a favorable environment.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
9.08
0.00