3 Altcoins That Could Be the Next Big Movers, According to Experts

• Breaking $3.65 could spark bullish momentum for NEAR toward $8, fueled by an inflation cut.
• Surpassing $0.833 may push OP toward $1 despite upcoming token release volatility.
• ENA’s surge past $0.85 could drive prices higher, backed by USDe stablecoin growth.

The crypto market has been moving fast, and several altcoins have caught the attention. Some tokens are showing some very strong momentum and could deliver even greater gains if these trends continue. Predicting exact prices and gains is never guaranteed, but technical indicators and recent activity can often give clues about potential winners. This week, three altcoins appear to demonstrate characteristics of being big movers.

NEAR Protocol (NEAR)

NEAR Protocol recently traded around $2.60, marking an 8% gain over the past week. The token is in the spotlight because the community is voting to reduce NEAR inflation from 5% to 2.5%. Cutting inflation would slow the release of new coins, which could support price growth. Analysts note that surpassing $3.65 on the weekly chart could open a path toward $8. Traders are watching the $2.50 support level as if it is able to hold, there could be some strength. Momentum indicators are indicating that if buyers continue to come in, NEAR may see more interest from investors and could potentially see a bigger bullish trend.

Optimism (OP)

Optimism’s OP bounced from a $0.60 support level and briefly traded near $0.74, despite a 5.4% drop in the last 24 hours, as of writing. Analysts highlight that breaking above $0.833 could trigger a strong move toward $1. However, 31.34 million OP tokens are scheduled for release at the end of August, which could create short-term volatility. Traders will need to react quickly to price swings during this period. Technical charts show that as long as OP stays above $0.60, the token could be positioned for another upward push. Market observers are watching volume patterns and resistance levels closely to gauge the potential breakout.

Ethena (ENA)

Ethena’s ENA surged over 30% this week after its stablecoin, USDe, became the third largest dollar-backed stablecoin globally. ENA broke key resistance levels in daily trading, attracting strong investor interest. Analysts suggest that moving past $0.85 could allow ENA to reach $1 or higher if momentum continues. Confidence in the token is growing due to the increasing adoption of USDe and the overall activity within the Ethena ecosystem. Traders are monitoring trading volume and momentum indicators to catch the next breakout. Continued interest in stablecoins could also provide indirect support for ENA’s price action.

NEAR, OP, and ENA are showing clear signals of growth potential. NEAR could climb if inflation cuts pass and $3.65 breaks. OP may reach $1 with a breakout but faces short-term volatility. ENA’s momentum, backed by USDe’s rise, could push prices above $1. Traders and investors should watch these altcoins closely, as upcoming events and strong momentum might drive significant moves in the near term.