en.bitcoinsistemi.com
Following Bitcoin's consecutive record highs in early July, Ethereum and altcoins have been on the offensive. ETH has surged above $3,700, while altcoins have also seen significant gains and new ATHs.
At this point, Solana has surpassed $200, while $BNB has reached a new $ATH.
While this rise in altcoins reignites the enthusiasm in the market, cryptocurrency analysis company Santiment said in its latest post that Binance Coin ($BNB), Spark ($SPK), Pudgy Penguin ($PENGU), Solana ($SOL), Litecoin ($LTC) and $XRP are the most talked about and attracted attention altcoins on social media.
Binance Coin ($BNB): Supported by strong institutional inflows and bullish market activity on BNBChain, $BNB is trending due to its recent new $ATH around $800. The community is highlighting $BNB's importance in the crypto ecosystem and its impact on market dynamics.
Spark ($SPK): $SPK is trending due to significant price and trading volume increases across multiple platforms. It stands out as one of the top-performing altcoins on exchanges like KuCoin, Bitget, and BTCC. The community is discussing price targets, trading pairs, and promotional campaigns, demonstrating strong market interest and activity around $SPK.
Pudgy Penguin: $PENGU has been trending recently due to its surge. This surge is fueled by the Pudgy Penguins NFT anniversary, new listings on exchanges like Gemini, and upcoming projects like BonkGu, a collaboration involving Pengu and Bonk tokens. $PENGU has surpassed BONK as the largest memecoin on Solana, driven by strong price performance and growing community interest on social media.
Solana ($SOL): Solana is trending as it breaks above $200. $SOL is highlighted by technical analysis showing bullish trends and news that the SEC will approve the Solana ETF.
$XRP: Trending amid the SEC's approval, then halt, of the Bitwise 10 Crypto Index Fund's conversion into an ETF containing $XRP, the ongoing legal battles between Ripple and the SEC, and bullish price predictions and technical analysis.
Litecoin ($LTC): Like $XRP, $LTC is on the rise following the SEC's approval and subsequent suspension of the Bitwise 10 Crypto Index Fund's decision to convert the Bitwise 10 Crypto Index Fund into a spot ETF containing Litecoin ($LTC). This development marks a regulatory milestone, bolsters $LTC's legitimacy, and creates optimism about a potential dedicated $LTC ETF approval.
*This is not investment advice.