In a stunning development that caught the XRP community’s attention, Ripple Labs has announced $5 million in funding. This massive investment, under Ripple’s University Blockchain Research Initiative (UBRI), aims to support blockchain research and education across the Asia-Pacific (APAC) region. How will this funding help the blockchain sector? Ripple’s $5 Million Investment: A Boost to
Paul Atkins, a pro-crypto lawyer, has become the new head of the Securities and Exchange Commission (SEC). He replaces Gary Gensler, an official who focused on litigation, filing lawsuits against multiple companies. Therefore, it is likely that some altcoins, such as Hedera Hashgraph (HBAR), Ripple (XRP), and Solana (SOL), will surge 10X after this change in leadership at the agency.
Best Altcoins to Buy for 10X Gains as Paul Atkins Becomes SEC Chair
The crypto market is expected to thrive after the new change in leadership. A likely catalyst for this is that the agency is expected to approve most of the 72 crypto ETFs filed by companies such as Franklin Templeton, Canary, and Grayscale.
Additionally, the SEC is likely to avoid filing major lawsuits against the crypto sector. XLM, XRP, and SOL will all be beneficiaries of these events.
Hedera Hashgraph (HBAR)
Hedera Hashgraph is one of the top altcoins that could surge 10x after the recent events at the SEC. That’s because Canary has applied for a spot HBAR ETF, which will likely be approved in the coming months.
HBAR price has also formed a falling wedge pattern on the daily chart. The two lines are nearing their confluence level, while the price has moved slightly above the upper side. Additionally, top oscillators, such as the Relative Strength Index, have formed a bullish divergence pattern, indicating a strong surge.
Therefore, the HBAR token is likely to experience a strong bullish breakout in the coming months, with a target of $0.2500.
Hedera Price Chart
Ripple (XRP)
XRP is another top altcoin to buy due to its history with the SEC. The SEC recently concluded its litigation with Ripple, allowing the company to engage in transactions with other financial services industry entities.
The agency is also expected to approve some or all of the ETF applications by companies like Grayscale, Canary, Bitwise, and 21Shares. Such a move is expected to lead to over $8 billion in inflows.
XRP price has formed a falling wedge chart pattern, pointing to an eventual rally in the coming weeks. If this happens, the price to watch will be $3, up by 43% from the current level.
XRP Price Chart
Solana (SOL)
Solana is also one of the top altcoins to buy and hold for 10x gains in the near term. Like XRP and HBAR, several companies like Canary and Bitwise have applied for a spot SOL ETF.
The coin has also formed a cup-and-handle pattern on the weekly chart. It has a depth of about 96%. Therefore, measuring the same distance from the upper side of this pattern will bring the next target to $500.
Solana Price Chart
Solana may also benefit from the growing ecosystem, and the fact that some companies like Upexy and Janover have started accumulating the token.
As Bitcoin flirts with the key psychological threshold of $100,000, derivatives traders are closely watching for signals that could mark the final leg up—and are already positioning for what may follow.
Derivatives experts Gordon Grant and Joshua Lim told BeInCrypto that Bitcoin’s move past $100,000 now reflects a long-term holding strategy, unlike the speculative trading seen when it first crossed that threshold after Trump’s election victory.
Bitcoin Nears $100K: A Different Kind of Ascent?
At the time of press, Bitcoin’s price hovers just below $98,000. As it grows, traders anxiously watch for it to surpass the $100,000 threshold. When it does, it will be the second time in crypto history that this will happen.
According to Cryptocurrency Derivatives Trader Gordon Grant, the current move toward six figures lacks the euphoric energy of past rallies, such as the one after Trump won the US general election last November. However, that may be a good thing.
“This current bounce back feels much more of a low-key, lethargic reclamation of those highs,” Grant told BeInCrypto, referencing Bitcoin’s recovery from lows around $75,000 in early April. “The positioning rinsedown through all key moving averages… was a proper washout.”
He added that this washout, a sharp move lower that flushed out weak hands, cleared the decks for a healthier rebound. A “high-velocity bounce” followed, as Grant phrased it.
“[It] has since responsibly slowed down at the $95,000 pivot—a level at which Bitcoin has been centered, +/- 15%, for over five months now,” he added.
“Current complacency among vol sellers in fading the technical threshold at $100K is markedly different,” he said.
Grant added that, back in December, volatility spiked on expectations of a rapid moonshot toward $130,000–$150,000. Now, however, implied volatility has actually fallen by around 10 points during the final 10% of Bitcoin’s climb—an unusual dynamic that has punished traders holding out-of-the-money options who were betting on big price swings.
This time, the substantial loss of market optimism also contributes to the situation.
The Rise of Institutional Buyers
Market sentiment has shifted significantly since January. The excitement seen during Trump’s election has been replaced by uncertainty. According to Grant, souring macro conditions such as tariff-driven equity selloffs and growing caution among traders have contributed to this mood shift across markets.
“Whereas BTC on first launch to/through $100K was accompanied by euphoria about presidential policies… the re-approach has been marred by malaise,” Grant explained.
In short, the motivation to buy may now be driven more by fear than greed.
Joshua Lim, Global Co-Head of Markets at FalconX, agreed with this analysis, highlighting a notable shift in the primary source of Bitcoin demand.
“The dominant narrative is more around Microstrategy-type equities accumulating Bitcoin, that’s more consistent buyers than the retail swing traders,” Lim told BeInCrypto.
In other words, more speculative retail buying might have fueled earlier enthusiasm around Bitcoin’s price hitting $100,000. This time, the more consistent and significant buying is coming from large companies adopting a long-term Bitcoin holding strategy, similar to the one adopted by Michael Saylor’s Strategy.
The recent formation of 21 Capital, backed by mega companies like Tether and Softbank, further confirms this shift in motivation.
Consistent institutional buying can also sustain an increase in Bitcoin’s price over time.
Why Are Institutions Increasingly Bullish on Bitcoin?
With growing momentum from sovereign players and corporate treasuries, institutional buying may be critical in sustaining Bitcoin’s next upward trajectory.
Grant highlighted that developing countries seeking to move away from a weakening dollar and towards a more independent asset like Bitcoin could play a significant role. If this were to happen, it’d signify a potentially tectonic shift to global monetary policy.
“The Global South, tiring of wonky and inconstant dollar policies, may be truly thinking about dumping dollars for BTC,” Grant explained, clarifying, “That’s a reserve manager decision, not a spec/leverage position.”
Increased institutional adoption strengthens the idea that Bitcoin now serves as a way to reduce risk against issues pertinent to financial systems, like inflation or currency devaluation.
“The proliferation of SMLR, 21Cap, and many others, including NVDA deciding they need to derisk their balance sheets by rerisking on BTC—even as it approaches the top decile of all-time prices,” Grant pointed to as evidence.
Simply put, even large institutions are choosing to take on the risk of Bitcoin’s price fluctuations as a potential offset to other, potentially larger financial risks.
Despite the excitement surrounding Bitcoin’s approach to $100,000, the true anticipation centers on its continuing development as an increasingly permanent component of the financial system.