Jakarta, Pintu News – The crypto market is currently experiencing a bull run, with Bitcoin (BTC) and Ethereum (ETH) near all-time highs, while the market capitalization of all coins stands at $4.13 trillion.
Most likely, this upward trend will continue for some time to come as the Federal Reserve begins cutting interest rates and several altcoin ETFs are approved by the Securities and Exchange Commission, citing a Crypto News report.
This article looks at some altcoins worth keeping an eye on ahead of the upcoming crypto bull run. Some of the top picks worth keeping an eye on are Tron (TRX), Maple Finance (SYRUP), and Stellar (XLM).
Tron, led by Justin Sun, is one of the altcoins attracting attention due to its strong fundamentals. Tron is the largest processor of Tether (USDT), handling billions of dollars in transactions every day.
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This makes it one of the most profitable blockchains in the crypto market, generating over $4 billion per year.
The TRX price will benefit if the Securities and Exchange Commission (SEC) approves spot ETFs from companies such as Canary, Rex Shares, and Tuttle Capital. This flow of funds would be in addition to Tron Inc. which recently changed its name from SRM Entertainment.

Tron is also known as one of the most deflationary tokens in the crypto world due to the daily burn program that has reduced the circulating supply.
Technically, Tron shows solid strength, including a giant megaphone pattern formed from two rising and diverging trend lines, which often leads to further price increases. The price has already moved above the upper boundary of this pattern.
Maple Finance is another blue-chip altcoin worth keeping an eye on in the near future. Maple has become one of the biggest players in decentralized finance, with a total locked value (TVL) of over $2 billion, much higher than the $300 million it had at the beginning of the year.
Maple operates a platform where users can invest through three funds to generate stable returns. They also offer the yield-generating syrupUSDC token, as well as an institutional lending platform.

According to Crypto News, SYRUP’s price has formed a bullish flag pattern, which consists of a vertical rally followed by a descending channel. This pattern suggests a potential recovery as investors buy on the dip, while fundamentals continue to strengthen.
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XLM is a blue-chip altcoin that is gaining attention due to its technical strength. On the daily chart, XLM has formed a falling wedge pattern after a strong surge, signaling the formation of a bullish pennant pattern.
Stellar price has also formed a golden cross pattern, where the 50-day and 200-day moving averages cross each other. Therefore, the token is likely to experience a bullish breakout towards the 2024 price peak of $0.6357.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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