In a move that could reshape the crypto landscape, SEC Chairman Gary Gensler's resignation on January 20 has sent shockwaves through the market, particularly for altcoins previously targeted by the SEC. As many cryptocurrencies, including Solana (SOL), Cardano (ADA), and Algorand (ALGO), faced SEC scrutiny and lawsuits, Gensler's exit opens the door for potential revival. Hereā€™s a look at the altcoins that could take off next:

1. Algorand ($ALGO)

Once a rising star in the crypto world, Algorand was caught in the SECā€™s crosshairs, but Genslerā€™s departure could clear the path for a strong rebound. ALGO has surged 24.6% in the past 24 hours, trading at a market cap of $2.476 billion.

2. Cosmos ($ATOM)

The Cosmos ecosystem, home to innovative multi-blockchain projects, was also on the SEC's blacklist. Now, with Gensler stepping down, ATOM could soar once again, having jumped 20% in the last 24 hours. Cosmos' market cap is now $3.148 billion.

3. NEAR Protocol (NEAR)

Long under SEC scrutiny for ā€œunregistered securities,ā€ NEAR Protocol is primed for a comeback. Itā€™s already up 10% in the last 24 hours, with a market cap of $7.623 billion. Gensler's resignation might pave the way for NEAR to rise from the ashes.

4. Filecoin (FIL)

Filecoin, a leading platform for data and file storage, has been under pressure since facing SEC charges. But with Gensler out, FIL is showing promising signs, up 10% in just 24 hours. Its market cap stands at $3.095 billion.

5. Cardano (ADA)

One of the most impacted by SEC's crackdown, Cardano could now see a massive rally. With ADA up 25% in the last 24 hours and a market cap of $38.773 billion, traders are eager to see how far it can go without Genslerā€™s regulatory shadow.

Bonus: Other Altcoins to Watch:

Solana (SOL)

The Sandbox (SAND)

Axie Infinity (AXS)

Chiliz (CHZ)

Flow (FLOW)

Internet Computer (ICP)

Voyager (VGX)

Dash (DASH)

BNB (BNB)

Polygon (POL)

As Genslerā€™s resignation marks the end of an era for SEC crypto oversight, altcoins once burdened by regulatory pressure are now poised for a potential resurgence. Could this be your chance to profit from the next big crypto rally?

šŸ” Explore these altcoins and more on Binance! $SOL, $ADA, $ALGO, $ATOM, and more could be just getting started. Donā€™t miss out!

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