Five altcoins carry more near-term upside than Ethereum (CRYPTO: ETH) or XRP (CRYPTO: XRP) heading into Q4, according to a widely-followed cryptocurrency influencer.

Why the Macro Sets Up the Alt Trade

Altcoin Daily argued in a YouTube video on Thursday that the debasement trade driving Bitcoin higher creates the conditions for altcoin outperformance in Q4. 

Pantera Capital’s Dan Morehead noted in the video that the US Treasury is printing roughly $2 trillion in excess annually, making hard assets and crypto the logical beneficiaries.

The Five Altcoins Worth Watching

1. Hyperliquid (CRYPTO: HYPE) — US market entry talks with Kraken’s parent Payward are advancing through subsidiary Bitnomial. Trump publicly endorsed a compliant US pathway, and Grayscale’s Hyperliquid Staking ETF (NASDAQ:HYPG) crossed $123 million in AUM within 30 days of launch.

2. Chainlink (CRYPTO: LINK) — The US Department of Commerce is now using Chainlink to bring official GDP, PCE, and economic data on-chain across 10 blockchains, giving applications live access to US government figures in real time.

3. Bittensor (CRYPTO: TAO) — DCG founder Barry Silbert argues the rush to acquire open-source AI will eventually point investors toward TAO, citing Nvidia’s reported acquisitions of Poolside for $6 billion and Hugging Face for $122.9 billion as proof of concept.

4. Uniswap (CRYPTO: UNI) — Record activity with 7 million swaps in a single day and 82 swaps per second across all chains, fueled by Robinhood (NASDAQ:HOOD) Chain volume. The protocol also upgraded its tokenomics to direct more revenue into buybacks.

5. Solana (CRYPTO: SOL) — On-chain tokenized equity holders reached a record 1.9 million, up 134% month over month from under 100,000 just 10 months ago, with users trading real-world assets around the clock.

Image: Shutterstock