Best Altcoins to Watch Today, August 4 – Solana, Hyperliquid, XRP

Highlights:

• Solana gains attention as BlackRock’s tokenization plans and ecosystem activity support stronger demand.
• Hyperliquid nears a channel breakout as RSI and MACD show stronger buying pressure.
• XRP holds near breakout support, with $3.50 emerging as the next bullish target.

Crypto prices are rising on Tuesday, as several factors weigh on the broad market. Reports shared by Walter Bloomberg suggest that Iran thinks President Trump prefers talking over fighting, easing some geopolitical tension. 

Moreover, Strategy’s announcement of a BTC sale on Monday did not trigger any panic selling. Instead, BTC’s price advanced, indicating improving market maturity as traders absorbed the additional supply with little difficulty. 

With these positive trends driving the sector, the total market capitalization and trading volume have surged to $2.18 trillion and $58 billion, respectively. BTC is holding above the $63K mark while most of the leading altcoins trade in the green. As the bullish sentiment prevails, let’s discuss the best altcoins to watch today, such as Solana, Hyperliquid, and XRP.

Best Altcoins to Watch Today

1. Solana (SOL)

Solana is up by 1% over the last 24 hours, pushing the price to $73.35. The altcoin has recorded daily lows and highs of $71.96 and $74.11, respectively. Its market cap and trading volume stand at $42 billion and $1.48 billion, respectively.

BlackRock plans to tokenize fund shares on Solana through its proposed Daily Reinvestment Stablecoin Reserve Vehicle. The filing extends institutional tokenization beyond Ethereum and could deepen Solana-based stablecoin liquidity. Solana’s low fees may support frequent money market transactions and broader on-chain settlement activity.

BREAKING: BlackRock files with the SEC to issue tokenized fund shares on Solana.

BlackRock expanded its cash management strategy with the launch of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ("BRSRV") on Solana.

The world's largest asset manager, with $15… pic.twitter.com/jqEss1oPG9

— Solana (@solana) August 3, 2026

Meanwhile, Solana’s Double Disinflation Proposal seeks a 30% rate, doubling the current 15% pace. The proposal needs governance approval. Solana’s memecoin sector is also heating up again. Cate, for instance, has reached a $73 million market value within eight days while the trading volume reached $40 million. These developments place Solana among the best altcoins to watch today as its ecosystem continues to show rising demand.

2. Hyperliquid (HYPE)

Hyperliquid displays a robust bullish momentum with a surge of over 4% over the last 24 hours. This latest upward rally comes amid the recent weakness observed on the monthly chart, whereby it has declined by 20%. The price is currently hovering around $54, with a market capitalization of $13.70 billion.

Hyperliquid is on the verge of breaking out of the prolonged descending channel that has held since mid-July. After several rejections on the upper band of the trendline, the altcoin has tested this region again. The bulls have had the upper hand since August 2nd, pushing the price from the $50 region to the current levels. 

In addition, technical indicators, such as the Moving Average Convergence and Relative Strength Index support this imminent breakout. The 14-day RSI is hovering around 59 levels, suggesting the upward journey is not yet exhausted. Meanwhile, the MACD line is holding above the signal line with green bars forming in the histogram, indicating increased buying pressure.

3. XRP

XRP is exchanging hands around $1.07, with a gain of 0.80% over the last 24 hours. The altcoin is up by 2% over the last 7 days despite the monthly drop of 5.50%. Its trading volume has surged by 25% to $1 billion.

XRP has broken above a long descending resistance line near $1.08, ending more than a year of compression. The chart also shows price holding close to the breakout area, where a successful retest could support further gains. Analyst Javon Marks says the move confirms a broader bullish setup.

$XRP has shown a clear breakout of a key resisting trend and prices, in response can be getting ready for a more than 3X from here back towards All Time Highs!

With this break, prices could enter an over 211% uphill run to and beyond the target of $3.50.

Ready for XRP's return? pic.twitter.com/3yIYDPdx9z

— JAVON⚡️MARKS (@JavonTM1) August 3, 2026

Marks targets $3.50, based on the triangle’s measured range and the distance from its widest section. That level would require roughly a 211% rise from the breakout zone. However, XRP must stay above the former resistance line to preserve the technical pattern.