The exchange is following in the footsteps of Coinbase and, more recently, Bullish, both of which saw their Wall Street debuts fuel fresh waves of adoption and investor optimism.
IPOs, besides raising capital, bring greater transparency and mainstream visibility to the sector. In this climate, top altcoins like $BEST and $HYPER look especially well-positioned to ride the momentum.
Gemini Taps Ripple Credit Line as IPO Strategy Takes Shape
Gemini’s preparations for public listing include a $75M credit line from Ripple, with the option to extend to $150M if needed. The facility gives Gemini a liquidity buffer heading into its IPO, echoing Coinbase’s strategy of strengthening reserves before going public.
@sentosumosaba on X.
Still, Gemini’s S-1 filing underscores the pressure it faces, with just $162M in cash against more than $2B in liabilities.
Ripple’s stablecoin, $RLUSD, could become a borrowing currency for Gemini under this arrangement – potentially accelerating its institutional use.
Taken together, these steps show crypto exchanges evolving into Wall Street-grade entities, where liquidity, compliance, and investor optics matter as much as trading volumes.
Why Exchange IPOs Spark Altcoin Rallies
Coinbase’s IPO in 2021 was the watershed moment that brought crypto into mainstream equity markets. Four years later, its inclusion in the S&P 500 cemented digital assets as part of the institutional playbook.
Fast forward to August 2025, and Bullish’s IPO proved just as impactful – shares more than doubled on debut, giving the exchange a $13B+ valuation.
These milestones reinforce how listings boost market confidence, attract new liquidity, and expand investor access.
History also shows that retail traders often rotate beyond $BTC and $ETH during hype cycles, as they chase higher upside in smaller-cap altcoins.
With fresh IPO momentum and surging blockchain activity, here are three of the best altcoins positioned for max upside:
1. Best Wallet Token ($BEST) – Web3 Super App Token
Best Wallet is pitching itself as the next-generation Web3 hub, designed to replace clunky crypto wallet apps like MetaMask with a more secure, user-friendly experience.
Its built-in Fireblocks MPC tech strengthens security, while tools like “Upcoming Tokens” streamline presale access and protect buyers from scam sites. But the real value sits with the $BEST token.
Priced at $0.025495 and having already raised $14.9M+ through its presale, $BEST powers the wallet’s ecosystem.
Holding $BEST unlocks reduced transaction fees, early entry into hot presales, staking yields of 90% APY, and even governance rights to vote on the future of the project.
The roadmap also extends beyond its wallet and $BEST presale. Coming soon is Best Card – a crypto debit card that lets you spend directly from Best Wallet, earning cash back on every purchase and enjoying reduced fees when staking $BEST.
In short, $BEST turns Best Wallet from a storage app into a full-fledged Web3 lifestyle token.
Discover how to buy Best Wallet token in our step-by-step guide.
2. Bitcoin Hyper ($HYPER) – Bitcoin’s First Real Layer-2
Bitcoin Hyper ($HYPER) takes aim at Bitcoin’s biggest weakness – speed and cost. It plans to build a Layer-2 ecosystem on top of $BTC, using the Solana Virtual Machine to unlock near-instant, low-cost transactions while keeping settlement secured on Bitcoin Layer-1.
Bitcoin Hyper lets users move assets between the L1 and L2 seamlessly through its fully trustless canonical bridge. This enables DeFi, meme coins, and dApps to run natively on Bitcoin for the first time. Cross-chain functionality with $ETH and $SOL will be available from launch, opening the doors for interoperability and greater liquidity.
The $HYPER presale has already raised $10.3M+, with tokens currently priced at $0.012745 and staking yields as high as 105% APY.
By turning Bitcoin from a passive store-of-value into an active ecosystem, $HYPER straddles both institutional scalability narratives and retail-friendly meme culture. A rare combination in today’s market.
To find out how to get involved in the presale, visit our how to buy Bitcoin Hyper walkthrough.
3. Solana ($SOL) – Leading Layer-1 With Real Revenue
Solana ($SOL) has cemented itself as the most commercially viable Layer-1 in crypto, boasting a market cap of approximately $98B and trading at around $180.
Over the past week alone, the network has generated $20M in revenue, leading all other L1s and L2 blockchains for the 22nd consecutive week.
@SolanaFloor on X.
Performance-wise, Solana recently set a new benchmark by processing 107K transactions per second on the mainnet – a record that underlines its scalability.
Despite volatility, $SOL is up $25 over the last year, fueled by a thriving ecosystem spanning DeFi protocols, NFT marketplaces, meme coins, and real-world asset integrations.
Institutional interest is also growing, with ETF speculation and enterprise partnerships adding another layer of demand. After overcoming years of network reliability issues, Solana has rebuilt with stronger infrastructure and one of the most active developer bases.
If IPOs pull more eyes into crypto, $SOL is already proving it can handle the spotlight.
Final Thoughts – Altcoins Poised for the IPO Era
Gemini’s IPO plans underscore a growing trend of exchanges stepping onto Wall Street, a path already blazed by Coinbase and, more recently, Bullish.
History shows that IPO buzz often fuels wider crypto rallies, especially in altcoins. Among the standouts are $BEST, which is targeting wallet dominance, and $HYPER, which is bringing scalability to Bitcoin.
Source: https://bravenewcoin.com/partner/best-altcoins-to-buy-as-gemini-prepares-for-ipo