As Bitcoin inches closer to $100,000, excitement in the cryptocurrency market is at its peak. Along with BTC’s rise, a number of altcoins are showing signs of potential breakouts. Here are five altcoins to watch as they prepare for significant price increases:

1️⃣ Ripple ($XRP)

Ripple’s XRP is leading the altcoin rally, fueled by regulatory optimism. The token has seen an unprecedented 26-fold spike in trading volume over the past 24 hours. Market confidence is rising as regulatory pressure from the SEC appears to be easing under Chairman Gary Gensler. If this momentum continues, XRP could cement its position as the top-performing altcoin.

2️⃣ Cardano ($ADA)

Cardano is gaining attention as one of the most reliable blockchain platforms on the market. ADA has seen a 15% gain in the past 48 hours, supported by strong network upgrades and increased adoption in decentralized finance (DeFi) and NFTs. If it breaks above the $0.45 resistance, ADA could target $0.60, making it a standout choice for investors.

3️⃣ Optimism ($OP)

Optimism, a Layer 2 scaling solution for Ethereum, has captured the market’s attention with a 20% price increase in the past 24 minutes. As Ethereum price surges above $3,300, Layer 2 projects like OP are in a position to grow rapidly. If OP maintains its momentum above $2, analysts believe it could maintain a steady upward trajectory in the coming days.

4️⃣ Stellar ($XLM)

Stellar, often considered XRP’s younger sibling, is on a strong run thanks to the momentum generated by Ripple’s success. XLM has gained 20% in the past 24 hours and is poised to challenge the $0.30 resistance level. If successful, XLM could head towards $0.50, offering investors significant gains.

5️⃣ Polkadot ($DOT)

While not mentioned before, Polkadot deserves attention as it continues to develop its parachain ecosystem. With increasing developer activity and interoperability solutions, DOT is showing resilience, up 10% over the past week. A sustained breakout above $6 could lead to a short-term rally to $8.

🚀 Market Outlook

As Bitcoin surges toward $100,000, these altcoins offer promising opportunities for traders and investors. From Ripple’s regulatory surge to Cardano’s steady growth, the cryptocurrency market is brimming with potential. Always remember to do your research and manage your risks wisely. The next wave of the bull market is just beginning.