The US crypto market is set for bullish trends as Senate Banking Chair Tim Scott predicts that most pending crypto bills will be passed by August 2025. This has led crypto traders to look for the best altcoins to buy in anticipation of significant gains once demand for digital assets rises. Currently, there is a notable recovery across the crypto market, with Bitcoin and the top ten altcoins edging higher, pushing the total market cap to $2.79 trillion.
The US is emerging as a leading crypto hub, and Senator Scott believes that the pending crypto bills will solidify the country’s dominance in the digital asset space. This sentiment comes shortly after US President Trump signed the first crypto-related bill, aimed at removing tax reporting requirements for the DeFi industry. Consequently, investors are eyeing top altcoins such as Ripple (XRP), Solana (SOL), and Pi Network (PI) as promising assets to buy before August.
Ripple (XRP) stands out as a top altcoin to buy due to its status as the largest US-made altcoin by market cap, positioning it well to benefit from changes in the US crypto regulatory framework. Analyzing the four-hour XRP price chart, indicators suggest that XRP is in an uptrend, with potential for a 17% rally to $2.61 if it flips resistance at $2.23. Additionally, a surge above $3 could pave the way for further gains.
Solana (SOL) is another altcoin garnering attention as one of the best assets to buy, currently trading at $132 with a 10% increase in 24 hours. Analysts predict a rally to $180 in the coming weeks, pointing to a potential close above $120 on the weekly chart that could trigger a surge towards $257. The bullish momentum for Solana is supported by breaching the upper trendline of a descending trendline.
Pi Network (PI) is also gaining traction, with a 15% gain and a significant increase in trading volumes at press time. The coin’s presence in the US is growing, with adoption as a means of payment by firms like Zito Realty. Pi Network’s integration into Chainlink’s Data Streams further adds to its accessibility, positioning it as a promising altcoin to buy. The ascending triangle pattern on the four-hour price chart and positive outlook indicated by the AO histogram bars and RSI suggest a bullish price forecast for Pi Coin.
In conclusion, the US crypto market is on the brink of significant developments with the impending passage of crypto bills before August 2025. Investors looking to capitalize on this growth are eyeing top altcoins like XRP, SOL, and Pi Network as potential assets to buy for substantial gains. The bullish outlook for these altcoins, combined with the evolving regulatory landscape in the US, presents an enticing opportunity for investors seeking exposure to the digital asset space.