Top Cryptocurrencies to Watch Today, July 10 – Zcash, Stellar, Chainlink

Highlights:

• Zcash is leading today’s rally as traders buy ahead of the Ironwood network upgrade on July 28.
• Stellar is approaching a breakout, with a move above $0.20 potentially opening the way to $0.25.
• Chainlink has flashed a buy signal, with buyers now watching for a move back above the $8.00 resistance.

The crypto market is slightly up today after a very volatile week, caused by the rising geopolitical developments in the Middle East. The small rise today has driven the price of BTC 2% higher, but the coin is still caught up in a consolidation phase. Despite the rise, around 23,400 Bitcoin options contracts will expire today, with a notional value of roughly $1.4 billion. The expiry may shift the momentum of the market.

As of press time, the overall market cap is slightly up 0.96% to $2.19 trillion. However, the trading volume is down 3.89% to $64.93 billion. The fear and greed index is improving, with the index sitting in the fear zone at 30. With the market still looking for direction after a volatile week, here are the top cryptocurrencies to watch today.

Top Cryptocurrencies to Watch Today

1. Zcash (ZEC)

ZEC is leading the market recovery today, trading at $501.22, with a 7.14% increase in the last 24 hours and a 13.52% increase in the past week. The trading volume of the privacy coin is up 18.16% to $475.3 million, while the market cap stands at $8.4 billion.

Zcash is leading the crypto market rally after developers confirmed the Ironwood upgrade will launch on July 28. Ironwood marks one of the network’s biggest upgrades in recent years as it will strengthen Zcash privacy features and improve network security.

Zcash Sets July 28 For Ironwood Upgrade

Zcash (@Zcash) $ZEC has scheduled its Ironwood network upgrade for July 28, one week later than the original target.

Ironwood will close the current Orchard shielded pool after the discovery of the Infinity bug in May. The upgrade also… pic.twitter.com/dFaaBCSuNR

— BSCN (@BSCNews) July 10, 2026

The upgrade will also remove the Orchard shielded pool after developers disclosed a vulnerability. In addition, Ironwood moves the protocol closer to formal verification. As a result, traders have increased buying activity of ZEC ahead of the scheduled network upgrade.

2. Stellar (XLM)

XLM, the native token of the Stellar network, is currently trading at around $0.1912, with a 5.57% increase in the past day. The trading volume of the coin is up by 2.75% to $561.13 million, while the market cap stands at $6.52 billion.

Stellar has formed another falling wedge after completing similar bullish patterns earlier this year. The previous wedge breakouts triggered strong rallies and reached their projected targets. The current setup shows immediate support sits around $0.17, where buyers defended the price several times. Meanwhile, the upper wedge resistance also stands near $0.20.

$XLM is printing a falling wedge 👀 Sellers are losing momentum while buyers continue defending the lower support zone. Price is tightening near the wedge resistance, with momentum building for a potential bullish breakout. 📈

Bulls are slowly reclaiming control, and a confirmed… pic.twitter.com/yo3qcCH2ii

— Crypto With Gopal (@cryptowithgopal) July 10, 2026

A breakout above that level could open the path toward $0.25 first, and stronger momentum could then target the $0.35 region. However, losing $0.17 would weaken the setup and delay another breakout attempt.

3. Chainlink (LINK)

LINK is currently trading at $7.96, with a 2.74% increase in the last 24 hours. However, the trading volume of the coin is down 5.47% to $200.3 million, while the market cap stands at $5.79 billion.

Chainlink has flashed a buy signal after falling below a long-term rising trendline that supported the previous uptrend. The broken trendline near $8.00 has turned into the first resistance level. Reclaiming that zone would strengthen the recovery attempt. Otherwise, sellers could regain control near that level.

$LINK is ready to reclaim pic.twitter.com/umCHGbVeUP

— Don 🐂 (@DonWedge) July 10, 2026

The recent low around $7.00 provides the closest support. A break below it could trigger another decline. Meanwhile, the $9.50 to $10.50 region marks the next major resistance zone. Breaking above $8.00 would improve the short-term outlook of the coin.