🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
These are 3 names that could set August on fire.
August is predicted to be anything but calm. While Bitcoin is still fumbling within the consolidating price zone, some altcoins – prominently SUI, Chainlink (LINK), and Stellar (XLM) – are attracting significant attention. Despite recent corrections, their underlying factors are still signaling positively, leading investors to anticipate a new growth cycle.
So what awaits these three names in August 2025?
SUI: Is the current dip just a breather?
SUI has had a brilliant July. From a level of 0.47 USD a year ago, this coin has climbed to 4.3 USD, which is an increase of over 600% in just 12 months – a rare advance. The current correction pulling the price back to 3.32 USD may seem concerning at first glance, but overall, this could just be a re-accumulation phase before a breakout.
In particular, Mill City Ventures III – a company listed on Nasdaq – has just announced plans to raise up to half a billion USD to expand its investment fund into SUI. The participation of such major players further strengthens confidence in the long-term potential of the project.
Scenarios for August:
LINK has just gone through a challenging phase: strongly rejected at 20 USD and currently fluctuating around 16 USD. The breach of the 20 and 50-day EMA has made the 200-day EMA the "last line of defense" that investors are closely monitoring.
Upcoming capabilities:
Stellar: Will XLM continue to "climb the ranks"?
XLM also did not lag behind, breaking through nearly 65% in July, quickly climbing to the 12th position on the cryptocurrency rankings. Some analysts even expect XLM could make it into the top 10 if it maintains this growth pace.
However, after reaching 0.5 USD, XLM turned back to 0.33 USD – an important support zone.
In summary, August will be a test of endurance for SUI, LINK, and XLM.
Although the market is experiencing a lot of fluctuations, a solid platform and the interest of major investors can help all three coins make remarkable rebounds in August.
Annie