5 Altcoins That Could See Huge Growth Thanks to the New Genius Act

The new “Genius Act” for stablecoins in the United States is reshaping the crypto market, and the latest analysis from top Analyst AltcoinBuzz has listed five altcoins to stack now from the new regulatory clarity and growing institutional interest.

Sui (SUI)

SUI is emerging as one of the biggest winners from this regulatory shift. The network has seen huge growth in its stablecoin supply, climbing nearly 100 times in the past year. Its total value locked is now over $2.25 billion, and daily transaction volumes have surged to new highs.

Source: CoinMarketCap

The SUI token has gained over 50% in the past month and is up nearly 370% compared to this time last year. SUI was around $2 recently, and now it’s trading slightly below $4. The analyst said that the next price target is $10, and it could even reach $15.

Stellar (XLM)

Stellar network recently recorded a 22% increase in the supply of stablecoins flowing through its chain, largely driven by rising demand for USDC. Stellar’s monthly transaction volume has reached around $1.7 billion, a 189% jump from the previous month.

Source: CoinMarketCap

The price of Stellar’s native token XLM has also doubled over the past 30 days, climbing to $0.48 and the analyst said that XLM could be the best pick right now.

Polygon (POL)

Polygon has long supported stablecoins like USDC and USDT. Known for its fast, low-cost transactions and strong compliance measures, Polygon is becoming more attractive to institutions.

Source: CoinMarketCap

Currently trading just under $0.26, POL is up over 40% in the past month. With its previous all-time high of $1.29, the analyst said that the token could reclaim or surpass that level as the market turns green.

Related: Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP

Cronos (CRO)

Cronos is part of the Crypto.com ecosystem and is preparing to launch its own stablecoin in Q3. The network recently upgraded to Version 2, making it 10 times faster and cheaper. This helps attract institutions, and there’s speculation about a Cronos ETF launching in Q4.

Source: CoinMarketCap

Currently, CRO is trading just over $0.12, up more than 40% this month. Its all-time high was $0.96, so there’s potential for a 6x gain.

Related: ONDO vs HBAR: Which Altcoin Could Lead the Next Surge?

Sky (SKY)

Previously known as MakerDAO, Sky rebranded about a year ago. It’s behind the USDS stablecoin and follows a decentralized structure.

Source: CoinMarketCap

SKY hasn’t seen the same price jump as other altcoins recently. Currently priced around $0.086, up around 19% in the last month. Its previous all-time high was $0.10, so it’s close.