BlackRock Bitcoin ETF Nearing Approval—But Analysts Name Avalanche (AVAX) and TRON (TRX) as Next Major Altcoin Breakouts

As BlackRock’s spot Bitcoin ETF inches closer to final approval, analysts are already looking beyond Bitcoin to identify the next altcoin opportunities. Amid this, attention is turning to Avalanche (AVAX), TRON (TRX), and the emerging altcoin MAGACOIN FINANCE.

SEC Increases BlackRock’s ETF Limit

BlackRock’s iShares Bitcoin Trust (IBIT) recently received a significant push as the U.S. Securities and Exchange Commission (SEC) increased the limit on ETF options contracts from 25,000 to 250,000.

According to analysts at NYDIG, this regulatory move is likely to solidify IBIT’s lead in the space. The ETF already manages $85.5 billion in assets, more than four times the amount held by its closest competitor, Fidelity’s FBTC.

Last month, the SEC approved in-kind creation and redemption mechanisms for crypto ETFs. Industry commentators view the developments as key to expanding institutional access to digital assets.

Avalanche (AVAX) and TRON (TRX): Next Breakout Altcoins?

Amid Bitcoin’s momentum, Avalanche (AVAX) is showing signs of recovery. In a tweet, analyst “ThePenguinXBT” described AVAX’s price action as a “super clean correction” and suggested the altcoin may be preparing for a breakout.

As of now, AVAX is trading at $21, having posted 5% gain over the past day. The chart accompanying ThePenguinXBT’s analysis suggests AVAX could soar to $36 before the end of this year.

Likewise, analysts are also seeing bullish potential in TRON (TRX). In a tweet, crypto commentator Lau (@lourdesanchezok) noted that TRX has delivered an 864% return since July 2022 and gained 66% between February and July 2025.

Lau attributes this performance to TRON’s dominance in the stablecoin sector, particularly through its integration with Tether (USDT). As of late July 2025, TRON hosts over 82.69 billion USDT, more than half of Tether’s total supply.

Given the bullish fundamentals around TRON, Lau urges market participants to add some TRX to their portfolios, suggesting more promising performance lies ahead.

MAGACOIN FINANCE: The Underdog with 10,500% Potential?

As AVAX and TRX are gearing up for possible rallies, MAGACOIN FINANCE is another altcoin gaining traction among market watchers. Market analysts are drawing comparisons to Shiba Inu’s meteoric rise, with forecasts surging up to 10,500% ROI.

MAGACOIN FINANCE boasts real-world utility through DeFi features like staking, governance voting, and transparent tokenomics. It has earned a perfect 10/10 TrustScore from independent auditing platforms and passed a comprehensive CertiK audit, further boosting its credibility. It follows a fully community-owned model and aligns with U.S.-based investor narratives.

Conclusion

BlackRock’s ETF approval may signal a new chapter for institutional involvement in Bitcoin, but the next big wave could come from altcoins ready to break out. As analysts see bullish potential in Avalanche and TRON, MAGACOIN FINANCE is also gaining momentum and may be the most promising bet for early buyers.