Altcoin Gaining Traction After Trump’s Tariff Delay

Altcoin Gaining Traction After Trump’s Tariff Delay

The altcoin market is flashing early signs of a possible recovery, driven by a surge in investor optimism following President Trump’s announcement to postpone new tariffs for 90 days. Amid this renewed confidence, three standout tokens—XRP, HYPE, and ONDO—are quickly emerging as the biggest beneficiaries. These projects are attracting fresh capital and heightened interest from traders and analysts alike.

XRP: Regulatory Clarity and Institutional Support Ignite Optimism

XRP has taken a beating in recent weeks, falling 34% and dipping below the $1.70 mark for the first time since November 2024. This steep decline reflected the market’s broader uncertainty and ongoing regulatory scrutiny. However, fresh developments are beginning to shift the narrative.

Altcoin

Trump’s decision to delay tariffs has helped ease economic anxiety, while Paul Atkins—renowned for his pro-crypto approach—has been named the new SEC Chairman. These factors are fueling hopes for a more favorable regulatory environment, which could offer XRP the breathing room it needs to recover.

If XRP maintains its upward trajectory, the token may soon challenge resistance levels at $2.17 and $2.23. A successful breakout could open the door to a rally toward $2.50. Furthermore, Standard Chartered’s long-term projection that XRP could overtake Ethereum by 2028 continues to support bullish sentiment. Ripple’s acquisition of Hidden Road has also strengthened the token’s appeal among institutional investors.

That said, traders should pay close attention to the $1.96 support zone. A failure to hold this level might lead to a retest of sub-$1.70 territory.

HYPE: Leading the Pack With Strong Protocol Revenue

Amid a sluggish altcoin market, Hyperliquid (HYPE) is defying the odds, posting a 23% gain over the past seven days. Despite past controversies, such as the JELLY incident that cast doubts on the project’s credibility, HYPE appears to be regaining investor trust.

Improved macro conditions—sparked by the White House’s tariff pause—have provided additional fuel for the rally. However, the primary catalyst behind HYPE’s surge lies in its robust protocol revenue. Over the last month, the project raked in $38 million in transaction fees, including $2.4 million within the last 24 hours. These figures place HYPE in sixth place globally, surpassing well-known platforms like PancakeSwap and Tron.

If bullish momentum continues, HYPE could push toward resistance at $14.77. Further gains might take the token to $17.33 or even $21. On the flip side, losing support at $12.81 could open the door to a pullback toward $11—or even below $10—if altcoin selling pressure intensifies.

ONDO: Surfing the RWA Wave With Growing Institutional Backing

ONDO is riding the growing wave of interest in real-world asset (RWA) tokenization, particularly among institutions looking for more stable crypto exposure. A recent report from Binance Research noted that RWA tokens are now perceived as more resilient than Bitcoin during times of trade-related uncertainty.

The institutional push into RWA is gaining serious momentum. BlackRock’s BUIDL token is fast approaching $1.5 billion in assets under management, while Fidelity has entered the RWA tokenization space. These developments enhance credibility and highlight the long-term potential of ONDO and its peers.

Technically, ONDO is showing strength, with a golden cross pattern on the verge of forming—a bullish signal. Should this pattern confirm, the token could challenge resistance at $0.90 and $0.95, potentially making a move past the $1 barrier.

Currently, ONDO is trading just above a key support level at $0.82. If it breaks below, downside targets include $0.73, and under heavier selling, prices could slip below $0.70.

Trump’s tariff freeze has reinvigorated the crypto space, breathing life into altcoins showing strong fundamentals and institutional tailwinds. XRP benefits from potential regulatory reforms, HYPE stands out with real revenue generation, and ONDO gains momentum from the booming RWA sector.

Even so, traders and investors should proceed with caution. Macro uncertainties, evolving regulations, and technical resistance levels still pose challenges. Sound risk management and strategic positioning will be critical as the market navigates this recovery phase.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always perform your own research before making investment decisions. We are not liable for any financial outcomes resulting from your actions.