Market Stalls—But These Altcoins Are Gaining Fresh Attention
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As broader crypto momentum cools, strategic investors are shifting focus toward select altcoins that continue to show signs of potential strength. Entering May, four tokens are climbing the watchlists of both technical and fundamental traders: XRP, SUI, Solana, and Ethereum. Each offers a distinct value proposition in an otherwise cautious landscape.
XRP Holds Firm at $2.39, but Resistance Looms
XRP is trading at $2.39, showing a modest uptick of 1.47% over the past 24 hours. Despite solid utility in global payments and institutional adoption, the token is facing tough resistance near $2.50. Traders are watching for a decisive breakout but remain cautious given current lack of momentum.
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Solana Trades at $171.55 With Mixed Momentum
Solana (SOL) is currently at $171.55, posting a mild increase of 2.95% over the last 24 hours. While its developer ecosystem remains robust and usage metrics are high, some analysts believe the bulk of Solana’s short-term upside has already been priced in. As a result, investors are scouting undervalued opportunities outside major Layer 1s.
SUI Drops to $3.98 but Fundamentals Hold
Sui (SUI) has slipped to $3.98, with a small 1.02% increase over the last 24 hours. The project’s Move-based architecture still holds long-term appeal, but recent technical breaks below support zones have raised concerns. For value-driven investors, however, this pullback may represent a viable Q2 rebound play.
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Ethereum Rebounds to $2,402.26 Amidst Market Optimism
Ethereum (ETH) is trading at $2,402.26, reflecting a 2.84% gain over the past 24 hours. The recent Pectra upgrade, aimed at enhancing transaction speed and cost efficiency, has contributed to renewed investor confidence. As Ethereum continues to dominate the smart contract platform space, its price trajectory remains a focal point for market participants.
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Source: https://en.bitcoinsistemi.com/underrated-altcoins-to-watch-in-may-xrp-sui-solana-and-ethereum-could-spark-the-next-rally/