Best Altcoins to Buy Before XRP ETF Approval — Ethereum, Solana and Polkadot Poised for Breakout
The crypto market is heating up as the race for an XRP ETF enters its final stretch. With Ethereum, Solana, and Polkadot already seeing explosive buying activity, another early-stage name, MAGACOIN Finance, is making waves among traders looking for the best altcoins to buy now.
XRP ETF Filings Move Closer to Approval
Momentum around an XRP ETF surged after CoinShares, Grayscale, Franklin, WisdomTree, Bitwise, and 21Shares all updated their applications with the SEC on the same day. Analysts said the coordinated filings reflect direct responses to SEC feedback, suggesting progress toward approval.
The timing coincided with the Second Circuit clearing the Ripple case, which analysts believe finally puts XRP on the same legal footing as Bitcoin and Ethereum. This legal clarity was seen as a major hurdle, and its resolution has now lifted uncertainty.
Bloomberg’s James Seyffart called the filings “a good sign,” while NovaDius Wealth Management’s Nate Geraci echoed that view, saying the cluster of amendments shows applications are advancing. With the SEC expected to decide by October 2025, traders are drawing parallels with Bitcoin’s ETF journey — regulatory clarity, filings, and eventual approval driving a price rally.
Ethereum Rockets on $5.76B Buy Surge
Ethereum exploded past $4,600 after buyers poured in nearly $6 billion within hours, marking one of the largest buying waves in months. The sudden spike in taker buy volume suggests large institutional players are positioning early, mirroring the kind of activity seen ahead of Bitcoin ETF approvals.
The move broke Ethereum out of weeks of sideways action between $4,200 and $4,500. Analysts tracking the surge said the price movement wasn’t retail-driven but instead came from whales and funds loading up in size.
With ETH now comfortably above $4,600, attention has shifted to whether the rally can extend toward $5,000. The sheer scale of institutional involvement adds weight to the idea that Ethereum could remain one of the top altcoins to watch while XRP ETF speculation continues.
Solana Gains as ETF Filings and Treasuries Pile In
Solana jumped 12% in 24 hours, fueled by new ETF filings and corporate adoption. VanEck submitted an application for a JitoSOL ETF on August 22, while Bloomberg reported that the SEC could decide on spot SOL ETFs by mid-October. This follows the $101 million REX-Osprey SOL ETF launch in July.
Corporations are also turning to Solana for exposure. Four public firms collectively hold 3.5 million SOL (worth $591M), with Upexi Inc. staking its entire allocation for 8% APY. Low fees and enterprise-grade tools like GameShift and Bond have made Solana appealing for businesses, adding to its demand story.
As traders track the SEC’s decision deadline of October 16, the case for Solana as one of the best altcoins to buy grows stronger. The combination of ETF speculation and treasury adoption has tightened supply, giving its rally extra fuel.
Polkadot Rises on Institutional Adoption Drive
Polkadot rallied nearly 10% in the last 24 hours, beating the market average. The surge was tied to the launch of Polkadot Capital Group on August 19, a new division aimed at Wall Street investors focused on tokenization, staking, and DeFi infrastructure.
This comes at a time when demand for real-world asset tokenization is climbing, especially after the passage of U.S. stablecoin regulations under the GENIUS Act. Institutions like Nasdaq and 21Shares have already expressed interest in DOT-based funds, pointing toward rising demand in custody and tokenized asset solutions.
Led by David Sedacca, Polkadot Capital Group is expected to drive updates and partnerships with asset managers in the months ahead. Traders are watching closely, as institutional traction could turn DOT into one of the best altcoins to buy alongside Ethereum and Solana.
MAGACOIN Finance Ranked Among Best Altcoins to Buy Now
While Ethereum, Solana, and Polkadot attract attention ahead of the XRP ETF decision, MAGACOIN Finance is consistently appearing in analyst lists of the best altcoins to buy now. Unlike established names, MAGACOIN offers early-stage upside, with some traders targeting up to 90x in the coming cycle.
Its security-first model and growing traction have positioned it as a breakout candidate for those looking beyond the large caps. With the presale still live, early buyers have a direct entry point before wider listings.
Conclusion: How to Position in this Market
With XRP ETFs moving toward approval, Ethereum surging, Solana drawing ETF speculation, and Polkadot aligning with institutions, traders are already scanning for the next wave of opportunity. For those seeking early exposure, MAGACOIN Finance stands out as a fresh entry point. Visiting the official website and securing tokens through the presale may be the best move before listings expand access.
- Website: https://magacoinfinance.com
- Presale: https://magacoinfinance.com/presale
- X: https://x.com/magacoinfinance
- Telegram: https://t.me/magacoinfinance
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