HashKey Capital remains optimistic about altcoins, taking cues from the ongoing Bitcoin boom. Their bullish stance is based on a mix of market analysis, strategic investments, and economic factors that suggest strong potential for low-cap tokens.

At the same time, Bitcoin (BTC) continues to perform well, with the $70,000 milestone within reach. Should positive sentiment lead to capital flowing into altcoins, Ethereum and Solana are expected to be the primary beneficiaries.

HashKey Capital Eyes Market Potential for Altcoins

The investment firm has articulated its bullish outlook in a recent Medium post. It outlined the strategic rationale behind its focus on altcoins amid changing market outlook and investor sentiments. Specifically, HashKey Capital has identified a critical shift in investor behavior, citing an increasing demand for diversified portfolios that extend beyond Bitcoin and Ethereum.

Growing Institutional Interest

The post emphasizes that the increasing institutional interest in cryptocurrencies serves as a strong catalyst for the growth of altcoins. It highlights the growing narrative around cryptocurrencies as major financial players and asset managers become more involved in the digital asset space.  

Further, institutions are looking beyond Bitcoin and Ethereum, considering altcoins as viable investment vehicles. Among them is Bitwise, which recently revised its XRP ETF (exchange-traded fund) filing. Others, like Grayscale, are pivoting their trust funds to altcoins such as Aave, Sui, and XRP.

Read more: 10 Best Altcoin Exchanges In 2024

According to Jupiter Zheng, HashKey Capital’s partner of liquids funds and research, professional investors are eager to explore altcoin opportunities. Due to their lower market capitalization and growth potential​, these tokens have historically provided substantial returns.

Changing Market Conditions

HashKey Capital’s optimism is also grounded in favorable market conditions. Recent trends indicate that cryptocurrency markets are stabilizing, aided by improved liquidity and shifting macroeconomic conditions. The firm points to signs of a market bottoming out, which, coupled with the potential easing of US interest rates, is seen as a favorable environment for altcoin investments.

“The peaking of US interest rates combined with improved liquidity in the crypto market creates an ideal environment for investors to explore altcoins,”​ Zheng noted

The increase in applications for spot crypto ETFs (exchange-traded funds) also reflects a growing acceptance and normalization of digital assets. For instance, Nashville-based investment firm Canary Capital filed for a Litecoin ETF, which further enhances the investment avenue for altcoins.

Regional Regulatory Boost

Another key component of HashKey Capital’s bullish outlook on altcoins is the supportive regulatory environment. Hong Kong is a key focus for the asset manager, given that it is based there. The region has made significant strides in establishing a strong framework for digital assets.

This has attracted institutional interest and provided a favorable atmosphere for crypto investments, with the likes of Animoca Brands exploring a possible IPO (initial public offering) in Hong Kong or the Middle East. The regulatory clarity is expected to facilitate greater adoption of altcoins and pave the way for new projects to emerge​.

As HashKey navigates this regulatory playing field, its focus on altcoins aligns with the broader trend of institutional players entering the market. This influx of capital and expertise is anticipated to drive innovation and create new investment opportunities within the altcoin space​.

Diversification Strategy

Nevertheless, HashKey Capital’s strategy goes beyond capitalizing on market trends. It is also about prudent risk management through diversification. The firm plans to allocate less than 50% of its funds to Bitcoin and Ethereum, allowing for greater exposure to smaller-cap cryptocurrencies. This strategic allocation aims to optimize risk-return profiles by tapping into the potential of various altcoin projects.

The selection criteria prioritize projects that exhibit strong fundamentals and novel approaches. Taken together, the asset manager’s altcoin pivot highlights an understanding of market inefficiencies. Smaller market cap-sized cryptocurrencies often experience higher volatility, but they also provide opportunities for outsized returns. By strategically investing in a range of altcoins, the crypto investment firm seeks to balance risk while pursuing substantial upside potential.

Read more: 11 Cryptos To Add To Your Portfolio Before Altcoin Season.

HashKey Capital’s expression of bullishness on altcoins is timely, coming along with analysts’ expectation that the colloquial “alt season” is near sight. As BeInCrypto reported, the Altcoin Season Index has dropped to its lowest level since early September, signaling a potential shift. Nevertheless, some are also skeptical about an altcoin season happening, given Bitcoin’s prevailing dominance.

In the past few weeks, Layer 1 (L1) blockchain Aptos (APT) has witnessed a significant surge in network activity. User activity on the Proof-of-Stake (PoS) network has climbed to multi-month highs, driving the value of its native token, APT, to new heights.

Readings from its technical setup suggest that APT is poised to extend its current gains. If demand is sustained, the altcoin may rally toward $19.37. This analysis delves into why that is likely in the mid-term. 

Crypto Users Flock to Aptos 

On-chain data has revealed a notable uptick in user activity on Aptos over the past month. Per Artemis, the daily count of unique addresses that completed at least one transaction of the blockchain in the past 30 days has skyrocketed by 115%. During the period in review, Aptos’ daily active addresses have totaled 743,466.

The recent surge in user activity on the Aptos network has led to a significant increase in its daily transactions. Over the past month, the network has processed more than 5 million transactions, marking an impressive 373% growth in transaction volume. 

Read more: 5 Best Aptos (APT) Wallets in 2024

This growth is evident in Aptos’s thriving decentralized finance (DeFi) sector. Its DeFi total value locked (TVL) has spiked 67% over the past 30 days, reaching an all-time high of $909 million. 

According to DefiLlama, Aptos currently ranks as the 11th largest blockchain by TVL, trailing just behind Sui, which has a TVL of $1.01 billion.

APT Price Prediction: Coin Targets Yearly High

The surge in network activity has translated into impressive price gains for APT. As of this writing, the altcoin trades at $10.88, just above the support of $10.07. It has noted an 11% price surge over the past 24 hours and currently ranks as the market’s top gainer.

BeInCrypto’s assessment of the coin’s key momentum indicators suggests the possibility of an extended rally. For example, APT’s Chaikin Money Flow (CMF) has also trended upward with its price, and it currently rests above the zero line at 0.20. 

The CMF measures how money flows into and out of an asset. When it rises alongside price, as in APT’s case, it suggests the upward price movement is backed by strong buying volume, making the trend more likely to continue. If the uptrend is sustained, Aptos’ price may attempt to reclaim its yearly high of $19.37 and can possibly surge towards the psychological resistance at $20. 

Read more: Aptos Crypto (APT): A Guide to What it Is and How it Works

However, a surge in profit-taking activity will invalidate this bullish projection. If this happens, APT’s price may drop to its August 5 low of $4.32. 

Cardano (ADA) was at the center of interest a few years ago, but many investors now wonder if it has lost its ‘wow’ factor. The coin, which is relatively steady and has built a good system of development, reached its maximum in 2021 and has since been experiencing slower growth. However, some traders believe that Cardano isn’t over, but should not be a primary focus for traders looking at explosive long-term growth. On the other hand, projects like Rexas Finance (RXS) are emerging and a growing number of traders believe that RXS may offer more upside than ADA during the 2025 rally.

Is Cardano dead?

So, is Cardano dead in the real sense of the word? The answer is no. Despite facing declining interest over the years, Cardano has still striven to remain on course as a secure and relatively stable network. The design philosophy that underpins Cardano is very conservative, and therefore, it has been pretty slow in deploying updates and new features. Such a strategy appeals to the subset of investors who are more conservative and abhor speculation. Cardano also stands out because of its dedication to enhancing the ecosystem. Its smart contract platform allows for decentralized applications (dApps) and this still has room for growth in the years to come.However, for investors in the parabolic gains segment who are at present considering Cardanol, its relatively stagnant growth may not be the most compelling option. As of today, Cardano has lost significant ground at $0.3605, which is a 65.75% price drop since the March 2024 peak. The downtrend may be slow but that’s a far cry from the previous, and many are seeking alternative bets that are more enticing.

Why Rexas Finance (RXS) could beat ADA

The other such opportunity is Rexas Finance (RXS), a new RWA token that traders think will beat its predecessor within the next few years. Rexas Finance addresses the real-world assets market and a crypto trader says RXS ‘will have an easy time ‘ surpassing ADA this 2025 rally.Many investors already find the presale price of this token appealing as it is pegged at $0.060, which is more than 100% appreciation compared to the first presale price of $0.030. Rexas Finance has been outlined to be listed at $0.2 but could then skyrocket to $16 according to some forecasts, which would represent an astonishing 26,500% appreciation by the year 2025.

However, one may ask, what will enable Rexas Finance to outdo Cardano? A simple explanation is that this allows actual functioning in the asset class market. Rexas Finance provides a platform that enables users to purchase asset fractions of tokenized assets such as real estate, art, and other physical commodities. This means that investors will be able to access the global market for assets without barriers of geography or capital.

For instance, one person in one part of the world can, with just a few clicks, own a section of a well-appointed property located in another part of the world. This freedom provides new avenues for clients and property managers alike on how to tokenize and exchange pockets of interest in investment assets. Thanks to the efficient token builder tool that it offers, Rexas Finance can let even non-tech people securitize their physical assets without coding. It is compatible with various token standards which include ERC-20, ERC-721, and ERC-1155 making it very useful and expandable. Investors can also look for funding for their tokenized assets from the Rexas Launchpad creating a lively environment for the functional development of the ecosystem.

Tracking Rexas Finance (RXS) on CoinMarketCap

Once Rexas Finance gained some traction, it has now been included in the listings at CoinMarketCap. This listing allows investors to keep a keen eye on the price changes, their news, and the developments of RXS. Having RXS on a reputable site such as CoinMarketCap helps Rexas Finance reach a wider audience, offering investors the proper tools to manage their investments and helping them to choose proper actions.

Presale opportunity and $1,000,000 giveaway

To encourage early investors, Rexas Finance gives them an interesting opportunity to engage in its presale. As such, the project is conducting a $1,000,000 giveaway, in which 20 random participants are to receive $50,000 each.By coming on board early in the presale, there are strong possibilities to benefit from the giveaway while it lasts, and also your investment could grow with the anticipated increase in the value of the RXS token. 

Conclusion

While Cardano remains a stable and secure platform, its slow growth might not appeal to investors looking for fast gains. Rexas Finance, on the other hand, offers a compelling alternative, with its innovative real-world asset tokenization and impressive growth potential. As the 2025 rally approaches, some traders are increasingly optimistic about Rexas Finance’s ability to outperform ADA, with some of the most optimistic forecasts predicting a 26,500% surge by the end of next year. Getting listed on CoinMarketCap and launching a $1,000,000 giveaway in its presale stage, Rexas Finance is positioning itself as an opportunity for anyone who’s been waiting to invest in the next big crypto. 

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance