Top 10 Crypto Coins Institutions Like BlackRock Are Buying!!!

Altcoin Daily

Introduction to Cryptocurrency Market

The crypto market is currently dipping, but the potential for growth is high, with a predicted Bitcoin price of $85,000. Institutions are pouring money into altcoins, and it's expected to continue through 2025.

Top 10 Institutional Altcoins

The following are the top 10 altcoins that institutions are buying:

  1. Hyperliquid (HYPE): A layer one blockchain for on-chain financial applications, featuring a decentralized exchange for perpetual futures.
  2. Athena (ENA): A novel stable coin protocol, USDE, backed by hedged positions in Bitcoin and Ethereum collateral.
  3. Virtual's Protocol (VIR): A platform for creating AI agents on Ethereum L2, allowing for tokenized AI agents that can interact with their environment.
  4. Jupiter (JUPE): A premier DeFi aggregator on Solana, boasting the highest TVL among all applications on the network.
  5. Gito (JITO): A liquid staking protocol on Solana, generating over $550 million in revenue fees alone in 2024.
  6. TON (Telegram's token): A token with significant institutional interest.
  7. SOL (Solana): A popular blockchain platform with growing adoption.
  8. ANDO: An altcoin with institutional backing, although details are scarce.
  9. Chainlink (LINK): A decentralized oracle network providing real-world data to smart contracts.

Institutional Insights

Institutional investors are looking for clarity in regulations to increase their exposure to the crypto market. The potential for Bitcoin to become a reserve currency is also a significant catalyst for growth. Dan Moorhead, a billionaire hedge fund manager, shares his insights on the current state of the market and the potential for institutional investment in altcoins.