Navigating the crypto market in June 2025? Discover promising altcoins like SKY, PENDLE, and MIXIE, plus insights on XRP's price movements and Solaxy's presale success.
June 2025 is shaping up to be an interesting month for crypto, especially for altcoins. With whispers of a potential bull run, it's time to dive into which altcoins are catching eyes and what market trends are unfolding.
Altcoins to Watch in June 2025
While Bitcoin often steals the spotlight, the altcoin market can offer unique opportunities for growth and innovation. Here are a few altcoins that are making waves this June:
Sky Protocol (SKY)
Sky Protocol is undergoing a DeFi transformation, rebranding from MakerDAO with improved governance and a new stablecoin, USDS. Early MKR holders benefited from a favorable exchange rate to SKY tokens, encouraging immediate conversion. SKY holders can stake to earn returns in USDS. USDS has performed strongly, boasting a substantial supply, thanks to partnerships with institutions. It's available across multiple networks, including Ethereum, Arbitrum, and Optimism.
Pendle (PENDLE)
Pendle allows users to split yield-generating assets and trade their future yields separately, creating a market for reward staking. Users can deposit assets like stETH into Pendle, which splits it into tokens representing principal value (PT) and future yield (YT). Their AMM is designed for assets that decline in value over time. The team is expanding into real-world assets (RWA) and has launched a cbBTC yield product on the Base network. PENDLE's price is hovering below its highest price, presenting entry opportunities.
MixieAI (MIXIE)
MixieAI, a Solana-based token, aims to bridge blockchain and trade, empowering Web3 scalability and adoption. It's trading within a falling wedge pattern, potentially leading to a breakout. With a low market cap and strong community backing, MIXIE is being watched for potential accumulation.
Solaxy (SOLX)
Solaxy is a new entrant in the Solana ecosystem, positioned as a Layer-2 scaling solution. It aims to enhance the network with faster transactions and lower fees. Currently in its presale phase, Solaxy has raised over $55 million, with a token generation event (TGE) set for June 23. The project has a detailed roadmap, including exchange listings and mainnet launch.
XRP Price Analysis
XRP is currently facing indecision among traders, with a recent price decline toward the $2.14 level. The market is trading inside a bearish consolidation, testing support after rejecting a swing high. Exchange outflows suggest long-term accumulation, but short-term bearish structure persists. Key support is being tested at the $2.14–$2.10 zone. A breakdown below this level could lead to further declines.
Final Thoughts
June 2025 presents a mixed bag of opportunities and caution in the crypto market. While some altcoins show promise, others face short-term challenges. Keep your eyes peeled, do your research, and remember, it's all about riding the crypto wave with a smile!
