Key Takeaways
- Bitcoin reclaims a high of $109,000 as altcoins such as SOL, VIRTUAL, and HYPE rally.
- Solana’s first-ever spot ETF launch could boost the price to $300, as it currently trades above $150.
- SOL, Virtual, and Hype could gain significant attention following strong bullish potential in the coming days.
July has brought a great deal of buzz in the crypto space, with heightened interest from institutions and corporate organizations. These organizations are increasing their interest in crypto projects, with the likes of Bitcoin, Ethereum, Solana, and AI agent tokens leading the pack.
Bitcoin has held strongly above its key zone of $100,000 in the last few weeks, following a price scare in the past week that saw the price briefly drop towards a low of $98,500. However, it has since rallied higher, gaining significant volume following a huge inflow of Bitcoin spot ETFs, as interest in amassing Bitcoin increases.
Related Read – Solana Price Prediction – ETF Approval Could Send SOL to the Moon
Also in the mix are Ethereum and Solana, following strong indications that the SOL spot ETF (Exchange-traded fund) is gaining significant recognition, which could bring exposure to SOL and other crypto assets in the U.S. and other parts of the world.
While the crypto market is showing some strong signs of a potential price rally in July, here are the best crypto pairs you should be looking to trade in July, with the likes of SOL, HYPE, VIRTUAL, and XRP gaining strong social volume.
Solana Price Gains ETF Boost Ahead of All-time Highs
Source – SOL 1D Price Chart From TradingView
Following a strong start to July, the price of Bitcoin has reclaimed its price above $109,000 for the first time in weeks, after crashing to all-time highs. However, it briefly fell below market expectations, forcing the price to lower levels, and also causing Solana to trade around the $132 region.
The price of Solana (SOL) has responded strongly, rebounding from a price point of around $132 towards a high of $150 following the ETF news launch, as interest from investors and institutions in SOL has had a positive impact on its price.
According to the technical analysis of Solana’s price, SOL has the potential to trade towards key highs of $187, acting as resistance for the price with a potential 30% increase. A breakout and close above this resistance could see the price aim for its all-time highs with a potential gain of 105%.
Technically and fundamentally, the price of Solana looks strong for July and could eventually break above $200 price for the first time in 90 days.
Another best crypto pair that has caught the attention of many is VIRTUAL, as the AI agent token continues to look strong based on price.
VIRTUAL Technical Analysis
Source – VIRTUAL Price Chart From TradingView
The price of VIRTUAL has shown strong price action following its price crash from a region of $2.6 towards a key zone of $1.3, as the price has rebounded strongly around this demand zone, attempting to break above its $1.8 resistance.
A break and close for VIRTUAL price could see a strong price rally towards its high of $2.6, with the potential to rally higher above $5 as the AI agent continues to generate much attention in the crypto space.
While July has traditionally been a favorable time for the crypto market, there is strong potential for VIRTUAL to perform well and trade towards $2.6 and higher this month.
Hyperliquid (HYPE) Price Analysis
Hyperliquid (HYPE) has generated strong buzz in the market following a significant price rally over the last few weeks, with speculation of a potential $100 price target. The price of HYPE looks strong above $35 following a liquidity grab that led to a rebound in price towards $39.
The price of HYPE token remains strong and is expected to trade at a high of $45 or more in the coming days, provided the price of Bitcoin continues its bullish trend, as BTC is a few thousand dollars shy of reaching new all-time highs.