- Paul Atkins’ appointment as SEC Chair signals a bullish shift for crypto, with reduced regulation and likely ETF approvals.
- Top altcoins like HBAR, XRP, and SOL are poised for potential 10X gains amid renewed investor confidence.
A seismic shift is underway in the crypto regulatory landscape. Paul Atkins, a well-known pro-crypto legal expert, has officially taken over as Chair of the U.S. Securities and Exchange Commission (SEC), replacing the litigation-heavy Gary Gensler. This leadership change is lighting a fire under the crypto market — and savvy investors are already eyeing altcoins that could surge 10X in the months ahead.
Atkins is expected to usher in a more constructive regulatory environment. Notably, over 70 crypto ETFs — including those from heavyweights like Franklin Templeton, Grayscale, and Canary — are now likely to be greenlit. The reduced threat of regulatory crackdowns could unlock significant gains for tokens previously stifled by SEC uncertainty.
Also read: Galaxy Digital Swaps $100M Ethereum for Solana as Meme Coin Frenzy Fuels On-Chain Surge
Hedera Hashgraph (HBAR): The ETF-Ready Sleeper
Canary’s pending application for a spot HBAR ETF positions Hedera Hashgraph as a top altcoin to watch. Technically, HBAR’s daily chart shows a bullish falling wedge pattern with signs of a breakout. RSI divergence adds further weight to the bullish case, with analysts setting a price target around $0.2500 — potentially a 10X return depending on broader market momentum.
Ripple (XRP): Finally Free to Fly
Ripple recently wrapped up its legal saga with the SEC, clearing the way for institutional adoption. With ETF applications in motion and analysts projecting over $8 billion in inflows, XRP is set for a breakout. A falling wedge chart pattern supports the bullish narrative, with $3 identified as a key upside target — a major move from current levels.
Solana (SOL): The Momentum Monster
SOL has quietly been forming a textbook cup-and-handle pattern on its weekly chart. If history repeats, the price could vault toward $500 — a jaw-dropping 10X from previous cycle lows. ETF anticipation, rising developer activity, and accumulation from firms like Janover and Upexy all fuel this bullish fire.
As Paul Atkins ushers in a new era at the SEC, optimism is spreading across the crypto space. Hedera, XRP, and Solana are emerging as front-runners in this bull-friendly environment. For investors seeking high-upside plays, these altcoins may be the ticket to massive gains in 2025.
