Retail investors' sentiment 'chilly'... Altcoin Daily reveals 10 promising altcoins

▲ Virtual Assets ©

A claim has emerged that while cryptocurrency prices and retail investor interest are freezing, Wall Street adoption, regulatory overhaul, and blockchain development are, in fact, accelerating. Altcoin Daily suggested that despite suppressed prices, investors should seek assets with expanding fundamentals and adoption, presenting 10 altcoins including Ethereum (ETH), Solana (SOL), and Chainlink (LINK).

In a video uploaded on July 9 (local time), the cryptocurrency-specialized YouTube channel Altcoin Daily pointed out that while Wall Street's adoption of cryptocurrencies and the overhaul of US regulations are progressing, prices and retail investor interest remain low. Host Aaron Arnold asserted, “You should look for assets where prices are low, but fundamentals and adoption are growing exponentially.” After evaluating Bitcoin (BTC) as forming a bottom and an asset to include in a long-term cryptocurrency portfolio, he named Ethereum as the first altcoin. Lucas T., Vice President of Research at Galaxy Digital, stated about Ethereum, “Its status as the world’s most reliable and neutral settlement layer will drive demand,” citing Layer 1 scalability using quantum resistance, privacy, and zero-knowledge technology, along with the Layer 2 ecosystem, as reasons. Robinhood’s construction of a Layer 2 using Arbitrum technology was also presented as evidence of institutional adoption.

Solana was introduced as an asset focused on commerce, finance, and on-chain business development rather than Wall Street. Mert, CEO of Helius, emphasized, “Solana should become a global Silicon Valley for entrepreneurs worldwide,” highlighting an environment where founders with ideas, regardless of their nationality or background, can build businesses such as trading apps and neobanking, and expand into global markets. Uniswap (UNI) was evaluated as a project connecting Wall Street and DeFi, based on its collaboration with Robinhood and increased trading volume. Charles Hoskinson, founder of Cardano (ADA), said, “Please take another look at Cardano. It is undervalued, has an excellent ecosystem, and is growing rapidly.”

Chainlink was identified as an asset benefiting from the overhaul of US regulations and the expansion of stablecoins and tokenization. Altcoin Daily cited the US crypto market structure bill and the GENIUS stablecoin regulation act as investment grounds. Sergey Nazarov, co-founder of Chainlink, explained, “Chainlink is stablecoin infrastructure and DeFi infrastructure,” providing the technology needed for stablecoin creation, cross-chain movement, proof of reserves, and connecting tokenized asset settlements. He argued that as institutional adoption of tokenization increases, compliant asset issuance and the application of identity requirements become more important, and Chainlink provides the relevant infrastructure.

In the Artificial Intelligence (AI) sector, Bittensor (TAO) was selected as a representative asset. Early cryptocurrency investor Michael Terpin claimed, “I believe top AI tokens will outperform Bitcoin over the next three years,” and Altcoin Daily evaluated Bittensor as a blue-chip in the AI crypto market. Hyperliquid (HYPE) was introduced as a decentralized exchange specializing in perpetual futures trading and a Layer 1 blockchain. Cryptocurrency analyst Jason argued that even if some retail investor trading decreases during KYC procedures and regulated market entry, large-scale institutional capital flows can still be secured. Evan Cheng of Sui (SUI) emphasized that Sui is building an on-chain financial foundation that encompasses payments, privacy, AI agents, and storage technology.

Stellar (XLM) and XRP were included in the list as assets that have remained in the market for a long time, expanding their presence around enterprises and institutional finance. Altcoin Daily presented XLM’s collaboration with MoneyGram as a reason to watch it in the next market cycle, and mentioned that XRP is building its presence among government and key financial figures. The 10 altcoins presented in the video are Ethereum, Solana, Uniswap, Cardano, Chainlink, Bittensor, Hyperliquid, Sui, XLM, and XRP, with Altcoin Daily suggesting technological development, institutional adoption, regulatory environment, and corporate collaborations as investment criteria, rather than current prices.

[Article Summary]

-Altcoin Daily presented 10 altcoins with expanding fundamentals and adoption as investment candidates, despite suppressed prices.

-Ethereum and Solana were evaluated based on institutional/on-chain business adoption, Chainlink on stablecoin and tokenization infrastructure, and Bittensor on the AI market as key investment rationales.

-Uniswap, Cardano, Hyperliquid, Sui, XLM, and XRP were also included in the list based on DeFi, technological development, and corporate/institutional connections.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*