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Top 3 Altcoins to Watch as Ethereum Breakout Triggers ‘Altseason’ Calls

By:
Yashu Gola
Published: Jul 22, 2025, 10:17 GMT+00:00

Key Points:

  • Sui (SUI) breaks out of a bull flag, targeting a 45% rally toward $5.39 amid record DeFi and stablecoin growth.
  • Stellar (XLM) eyes a 155% breakout to $1.18 after forming a cup-and-handle and surging USDC activity.
  • Cronos (CRO) targets a 124% rally as it trades in an ascending channel ahead of its Q3 stablecoin launch.
Top 3 Altcoins to Watch as Ethereum Breakout Triggers ‘Altseason’ Calls

Ethereum’s decisive breakout above the $3,500 level is reviving hopes of a sustained altseason, where capital rotates from large-cap majors into promising mid-cap tokens.

Regulatory clarity from the recently signed GENIUS Act and growing institutional demand for stablecoin-native infrastructure could benefit altcoins such as Sui (SUI), Stellar (XLM), and Cronos (CRO) specifically.

SUI Breaks Bull Flag, Eyes $5.39

Sui Network’s SUI token continues to outperform, fueled by explosive stablecoin activity and record DeFi traction.

The network’s stablecoin supply has jumped nearly 100x year-over-year, while its total value locked (TVL) recently reached a record $2.25 billion.

Stellar total-value-locked chart
Stellar total-value-locked chart. Source: DeFi Llama

This growth has been complemented by rising developer activity and institutional attention, including a pending ETF application from 21Shares.

SUI’s bullish momentum appears far from over. The token recently broke out of a classic bull flag pattern, suggesting a potential 45% rally toward the $5.39 level, based on the flagpole’s height and Fibonacci targets.

SUI/USD weekly price chart
SUI/USD weekly price chart. Source: TradingView

With current prices hovering around $3.85, this would mark a continuation of its 368% gain over the past year.

XLM Prints Cup-and-Handle, Targets $1.18

Stellar (XLM) is regaining momentum after the US passed the GENIUS Act, a law that mandates 100% backing and transparency for stablecoins.

As a payment-focused blockchain and ISO 20022-compliant network, Stellar has witnessed a sharp uptick in USDC supply and transaction volume, up 22% and 189% respectively this month alone.

Total stablecoin market cap on Stellar
Total stablecoin market cap on Stellar. Source: DeFi Llama

From a technical standpoint, XLM is forming a textbook cup-and-handle pattern on the weekly chart.

A breakout from the handle zone has flipped resistance into support, opening the door to a 155% upside move toward the $1.18 target. Currently trading near $0.46, XLM is up over 100% month-to-date.

XLM/USD weekly price chart
XLM/USD weekly price chart. Source: TradingView

CRO in Ascending Channel, Eyes 124% Breakout

Cronos (CRO), the native token of Crypto.com’s blockchain, is quietly staging a comeback.

The chain is set to launch its US-compliant stablecoin in Q3, positioning itself for institutional adoption. The recent rollout of Cronos V2 has improved scalability tenfold, making it faster and cheaper, which is ideal for regulated use cases.

On the charts, CRO is trading within an ascending channel that has guided its recovery since late 2023.

CRO/USD weekly price chart
CRO/USD weekly price chart. Source: TradingView

A breakout above interim resistance could trigger a 124% move toward $0.27, its 0.236 Fib retracement level from the previous peak. With CRO currently trading near $0.12, the setup suggests strong upside potential if bullish momentum holds.

About the Author

Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.

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