BlackRock Bitcoin ETF Nearing Approval—But Analysts Name Avalanche (AVAX) and TRON (TRX) as Next Major Altcoin Breakouts
The post BlackRock Bitcoin ETF Nearing Approval—But Analysts Name Avalanche (AVAX) and TRON (TRX) as Next Major Altcoin Breakouts appeared on BitcoinEthereumNews.com. As BlackRock’s spot Bitcoin ETF inches closer to final approval, analysts are already looking beyond Bitcoin to identify the next altcoin opportunities. Amid this, attention is turning to Avalanche (AVAX), TRON (TRX), and the emerging altcoin MAGACOIN FINANCE. SEC Increases BlackRock’s ETF Limit BlackRock’s iShares Bitcoin Trust (IBIT) recently received a significant push as the U.S. Securities and Exchange Commission (SEC) increased the limit on ETF options contracts from 25,000 to 250,000. According to analysts at NYDIG, this regulatory move is likely to solidify IBIT’s lead in the space. The ETF already manages $85.5 billion in assets, more than four times the amount held by its closest competitor, Fidelity’s FBTC. Last month, the SEC approved in-kind creation and redemption mechanisms for crypto ETFs. Industry commentators view the developments as key to expanding institutional access to digital assets. Avalanche (AVAX) and TRON (TRX): Next Breakout Altcoins? Amid Bitcoin’s momentum, Avalanche (AVAX) is showing signs of recovery. In a tweet, analyst “ThePenguinXBT” described AVAX’s price action as a “super clean correction” and suggested the altcoin may be preparing for a breakout. As of now, AVAX is trading at $21, having posted 5% gain over the past day. The chart accompanying ThePenguinXBT’s analysis suggests AVAX could soar to $36 before the end of this year. Likewise, analysts are also seeing bullish potential in TRON (TRX). In a tweet, crypto commentator Lau (@lourdesanchezok) noted that TRX has delivered an 864% return since July 2022 and gained 66% between February and July 2025. Lau attributes this performance to TRON’s dominance in the stablecoin sector, particularly through its integration with Tether (USDT). As of late July 2025, TRON hosts over 82.69 billion USDT, more than half of Tether’s total supply. Given the bullish fundamentals around TRON, Lau urges market participants to add some TRX to their…
The post BlackRock Bitcoin ETF Nearing Approval—But Analysts Name Avalanche (AVAX) and TRON (TRX) as Next Major Altcoin Breakouts appeared on BitcoinEthereumNews.com.
As BlackRock’s spot Bitcoin ETF inches closer to final approval, analysts are already looking beyond Bitcoin to identify the next altcoin opportunities. Amid this, attention is turning to Avalanche (AVAX), TRON (TRX), and the emerging altcoin MAGACOIN FINANCE. SEC Increases BlackRock’s ETF Limit BlackRock’s iShares Bitcoin Trust (IBIT) recently received a significant push as the U.S. Securities and Exchange Commission (SEC) increased the limit on ETF options contracts from 25,000 to 250,000. According to analysts at NYDIG, this regulatory move is likely to solidify IBIT’s lead in the space. The ETF already manages $85.5 billion in assets, more than four times the amount held by its closest competitor, Fidelity’s FBTC. Last month, the SEC approved in-kind creation and redemption mechanisms for crypto ETFs. Industry commentators view the developments as key to expanding institutional access to digital assets. Avalanche (AVAX) and TRON (TRX): Next Breakout Altcoins? Amid Bitcoin’s momentum, Avalanche (AVAX) is showing signs of recovery. In a tweet, analyst “ThePenguinXBT” described AVAX’s price action as a “super clean correction” and suggested the altcoin may be preparing for a breakout. As of now, AVAX is trading at $21, having posted 5% gain over the past day. The chart accompanying ThePenguinXBT’s analysis suggests AVAX could soar to $36 before the end of this year. Likewise, analysts are also seeing bullish potential in TRON (TRX). In a tweet, crypto commentator Lau (@lourdesanchezok) noted that TRX has delivered an 864% return since July 2022 and gained 66% between February and July 2025. Lau attributes this performance to TRON’s dominance in the stablecoin sector, particularly through its integration with Tether (USDT). As of late July 2025, TRON hosts over 82.69 billion USDT, more than half of Tether’s total supply. Given the bullish fundamentals around TRON, Lau urges market participants to add some TRX to their…
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