5 Altcoins That Could See Significant Growth Thanks to the “Genius Act”

The new “Genius Act” for stablecoins in the US is reshaping the cryptocurrency market, and the latest analysis from a leading AltcoinBuzz analyst has identified five altcoins worth adding to the list based on new regulatory clarity and growing institutional interest.

• The stablecoin SUI is seeing 370% annual growth and will soon reach the $15 mark.
• XLM doubles amid sharp surge in demand for USDC, Stellar hits record transaction volumes.
• Low fees and compliance with Polygon’s requirements attract institutions, POL is targeting $1.29.

The new “Genius Act” for stablecoins in the US is reshaping the cryptocurrency market, and the latest analysis from a leading AltcoinBuzz analyst has identified five altcoins worth adding to the list based on new regulatory clarity and growing institutional interest.

Sui (SUI)
SUI is becoming one of the biggest winners from this regulatory change. Over the past year, the stablecoin supply on the network has grown significantly, nearly 100-fold. The total locked value of the cryptocurrency has exceeded $2.25 billion, and the daily transaction volume has hit new highs.

Source: CoinMarketCap
The SUI token has increased by more than 50% in the last month and nearly 370% compared to the same period last year. Recently, SUI was priced around $2 and now trades just below $4. The analyst stated that the next target price is $10, and it could even reach $15.

Stellar (XLM)
Recently, the Stellar network recorded a 22% increase in stablecoin supply within its network, mainly due to rising demand for USDC. Stellar’s monthly transaction volume reached about $1.7 billion, which is 189% higher than the previous month.

Source: CoinMarketCap
The price of Stellar’s native token XLM has also doubled over the past 30 days, rising to $0.48, and the analyst said that XLM could be the best choice at the moment.

Polygon (POL)
Polygon has long supported stablecoins such as USDC and USDT. Known for its fast and low-cost transactions, as well as strict control measures, Polygon is becoming increasingly attractive to institutional investors.

Source: CoinMarketCap
Currently, POL trades just below $0.26 and has risen more than 40% over the past month. Considering that the previous all-time high was $1.29, the analyst believes the token could recover or surpass that level as the market grows.

Cronos (CRO)
Cronos is part of the Crypto.com ecosystem and is preparing to launch its own stablecoin in Q3. The network recently upgraded to version 2, making it 10 times faster and cheaper. This attracts institutional investors, and rumors suggest a Cronos ETF launch in Q4.

Source: CoinMarketCap
Currently, CRO shares trade just above $0.12, up more than 40% this month. The all-time high was $0.96, so there is potential for a sixfold increase.

Sky (SKY)
Formerly known as MakerDAO, Sky rebranded about a year ago. It supports the USDS stablecoin and adheres to a decentralized structure.

Source: CoinMarketCap
The price of SKY has not risen as strongly recently as other altcoins. It currently stands around $0.086, up roughly 19% over the past month. The previous all-time high was $0.10, so it is close.

Editor: Pereyidenko Ihor

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