With Bitcoin stabilizing just above $94,000 and the altcoin market staging a slow recovery, attention is shifting to tokens that may outperform in the near term. As XRP continues to lag behind, Solana, Dogecoin, and Ondo appear to offer more promising setups for short- and mid-term gains.

Bitcoin Holds Steady, Altcoins Seek Next Catalyst

Bitcoin’s climb earlier this week above $94K spurred optimism, but its failure to sustain momentum highlights the importance of two major support levels: $88,465–$91,935 and $85,230–$87,076. A breakdown below these would be a bearish signal, but for now, BTC remains resilient.

This relative stability has created an environment where select altcoins are gaining traction. The current dip presents an opportunity to evaluate projects with strong narratives and favorable technical setups.

Altcoin Market Cap Expansion Points to Renewed Interest

April has seen a gradual increase in the altcoin market cap excluding BTC and ETH, up 2.2% so far. If it breaks above the $850 billion threshold, it could trigger a new cycle of altcoin rotation and price discovery.

Dogecoin, Solana, and Ondo are three names that technical analysts believe could lead the next wave higher.

Solana, Dogecoin, Ondo Price Setups in Focus

Solana has been building a bullish structure, with RSI at 64 and rising. MACD signals confirm upside potential, and a break above $180 could establish a new local high. A fallback support level exists at $125, providing a cushion in the event of a pullback.

Dogecoin’s chart shows a bullish trend developing. Priced at $0.18047, DOGE could rally 20% to $0.21465. RSI at 59 and MACD momentum suggest that traders are stepping back in. The $0.175 support remains key for bulls.

Ondo is quietly building strength in the RWA narrative. After a prolonged consolidation, a breakout above $0.98 could take it to $1.1895, a 21% gain. Traders should watch for reactions at $1.0667 (resistance) and $0.8174 (support zone).

Institutional Flows and Tariff Policy Shape Outlook

According to CoinShares’ latest report, crypto ETFs brought in over $2.4 billion in new inflows last week. Meanwhile, the ETH/BTC ratio has declined, signaling a shift in focus toward newer altcoins with stronger short-term momentum.

Paybis CEO Innokenty Isers stated that recent trade policy fears have pushed some investors away from Bitcoin. As BTC consolidates, attention is rotating to altcoins, especially those with strong community engagement and network activity.

Altcoins Could Benefit From Rising Crypto Adoption

Ethereum’s explosive growth in active users suggests that the ecosystem is attracting fresh capital. Altcoins with strong brand recognition (DOGE), proven ecosystems (SOL), or emerging narratives (ONDO) stand to benefit the most from this wave of adoption.

Traders looking for upside during this dip might consider rotating into these three tokens, which offer better technical setups and momentum than XRP in the current environment.