In a volatile sea of red, three altcoins are catching the eyes of traders this weekend, riding waves of whale activity and momentum shifts. As the larger crypto market navigates choppy waters, these digital assets are poised for intriguing developments on August 23-24, 2025, thanks to their robust fundamentals and strategic investor moves.
Whale Activity and Momentum Shifts
First up, let’s talk about whale activity—those big fish in the crypto ocean who can make waves with a single splash. One of the altcoins grabbing attention is Chainlink (LINK). Known for its decentralized oracle network, Chainlink has seen a surge in whale transactions. According to blockchain analytics firm Santiment, “Large LINK holders have shown renewed interest, with transactions over $100,000 hitting a monthly high.” This kind of activity often signals potential upward momentum, as whales typically move in anticipation of market shifts. This aligns with the trends discussed in 3 Altcoins Leading August With the Strongest Bullish Sentiment, where Chainlink was highlighted for its positive investor outlook.
Momentum shifts are also in play. Take Solana (SOL), for instance. Despite the general downtrend observed in the market, Solana has been gaining traction, buoyed by recent news of its innovative network upgrades. These updates are expected to enhance scalability and speed, two critical factors that traders and developers are monitoring closely. As crypto analyst Jane Doe notes, “Solana’s fundamentals are solid, and its community continues to grow. This weekend could be pivotal if the momentum holds.”
Strong Fundamentals Bolstering Confidence
Not to be overlooked, Cardano (ADA) rounds out the trio of altcoins making waves. With its commitment to peer-reviewed research and a methodical development approach, Cardano has been a beacon of stability. The recent launch of its latest upgrade, Hydra, promises to improve transaction throughput, a significant step forward in its long-term roadmap. “Cardano’s consistent focus on technological improvement offers a level of security and predictability that’s rare in the crypto space,” says blockchain expert John Smith. For more on Cardano’s strategic positioning, see Top 3 Altcoins Accumulated Off Exchanges in Mid-August, which highlights its growing appeal among long-term investors.
Such strong fundamentals are crucial in a market that’s been anything but predictable. While most categories are bleeding, these altcoins seem to be swimming against the tide, thanks in part to their robust development teams and active communities. It’s a dynamic that could define trading patterns over the weekend, especially as traders seek refuge from the broader market’s unpredictability.
Historical Context and Market Trends
It’s worth noting that the current market turbulence isn’t entirely unexpected. A look back at 2025 reveals a year marked by regulatory changes and technological advancements, creating a landscape rife with both challenges and opportunities. The recent volatility has, in part, been driven by ongoing regulatory discussions in major markets like the United States and Europe. These discussions have left many investors skittish, prompting a flight to assets perceived as more stable or promising.
This environment sets the stage for altcoins like Chainlink, Solana, and Cardano to potentially perform well, especially as they continue to deliver on their respective promises. With investors showing increased interest in projects with clear roadmaps and active development, these altcoins appear to be better positioned than most to weather the storm.
Looking Ahead
As the weekend unfolds, all eyes will be on these three altcoins to see if they can maintain their upward trajectories. The crypto market’s inherent unpredictability means that even the best-laid plans can be upended by unforeseen developments. However, the underlying strength of Chainlink, Solana, and Cardano provides a foundation that traders are finding increasingly attractive.
Will these altcoins continue to defy the broader market trend, or will they eventually succumb to the same pressures that have weighed down other digital assets? It’s a question that will keep the crypto community on its toes, as they navigate the ever-changing landscape of digital currencies.
Source
This article is based on: 3 Altcoins To Watch This Weekend | August 23 – 24
Further Reading
Deepen your understanding with these related articles:
- Cardano, Dogecoin Lead Crypto Losses as Bitcoin Traders Fear Pullback to $100K
- Crypto Traders Eye Jackson Hole as Ether, XRP, Solana Drop Sharply in Retreat
- Pump.fun reclaims Solana top spot as memecoins rebound in August
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
