There are many indicators that the next and final leg up for this bull run is about to start. For example, recently, the US Senate allowed the GENIUS Act to go to a vote. Sure, there are still a few kinks to iron out. However, if this bill passes, it will be a massive bullish boost. Coinbase joined the S&P 500, bringing crypto a step closer to mainstream. Michael Saylor’s Strategy is raising $722.5 million to buy more $BTC.
All this is very bullish. Bitcoin’s price is dancing around $107-$109k and keeps flirting with a new ATH. Currently, it’s around 3% away from this new ATH. This means that alt season is around the corner. That’s why today I cover three altcoins that could do well during this bull run.
Ondo Finance ($ONDO)
With Ondo Finance ($ONDO) we’re looking at the top RWA contender for this bull run. $ONDO is also the first of today’s list of altcoins. Its market cap is 3x bigger than Maker ($MKR), the runner-up in this sector. That’s roughly $3 billion over $1 billion.
The biggest, recent news was that Ondo teamed up with Kinexys by JPMorgan and Chainlink. Kinexys is JPMorgan’s private chain. All three players worked together to connect bank settlement infrastructure to Ondo Chain. This happened on their testnet. It was a cross-chain, atomic DvP settlement of $OUSG. That’s Ondo’s Short-Term US Government Treasuries Fund stablecoin. It’s backed by Short Term US Treasuries.
1/ Kinexys by J.P. Morgan (@jpmorgan), Ondo Finance, and @chainlink are teaming up to connect bank settlement infrastructure to Ondo Chain.
Today, we are excited to announce the debut transaction on Ondo Chain testnet — a cross-chain, atomic DvP settlement of OUSG. pic.twitter.com/AIiOntgUMz
— Ondo Finance (@OndoFinance) May 14, 2025
Ondo also partnered with PayPal. This allows instant conversions between PayPal’s stablecoin $PYUSD and Ondo’s $OUSG. You can mint $OUSG with $PYUSD with 24/7 instant redemptions of $OUSG for $PYUSD.
4⃣ PayPal’s stablecoin PYUSD enhances OUSG instant liquidity
Instant conversions between Ondo’s Short-Term US Government Treasuries Fund (OUSG) and PayPal USD (PYUSD) are now live.
The collaboration enables seamless minting of OUSG with PYUSD and 24/7 instant redemptions of…
— Ondo Finance (@OndoFinance) May 18, 2025
Ondo also leverages BlackRock’s expertise in asset management with their BUIDL fund. This offers a deep liquidity situation forming between BlackRock, Circle, and Ondo. That’s because BlackRock launched the BUIDL token. In turn, BlackRock partnered with Circle to enable 24/7 liquidity. Circle is the company behind $USDC. So, when Ondo launched $OUSG, it enabled 24/7 liquidity with Circle’s USDC.
Stablecoins took the dollar global.
Ondo Global Markets will do the same for US capital markets.
We’re building Wall Street 2.0—Made in America, built for the world. pic.twitter.com/DDYpxOw4v9
— Ondo Finance (@OndoFinance) April 24, 2025
Ondo also offers its Global Marketplace for RWA. That’s where Wall Street meets DeFi. Or, in other words, Wall Street V2.0. And Ondo is now available on Solana. With the current $ONDO price at 94 cents, so, well below $1, it’s still a great entry. $2 is imminent.
Ondo Finance is proud to be the leading RWA provider on @solana, with two live offerings exceeding $250M in TVL on Solana.
USDY, our market-leading yieldcoin, represents over 99% of tokenized treasury holders on the network, per https://t.co/BW01CVNjrC. https://t.co/Ndl4tKtV9o
— Ondo Finance (@OndoFinance) May 16, 2025
Ethereum ($ETH)
Ethereum ($ETH) has been suffering during the last couple of months. However, that changed recently with the introduction of its Pectra upgrade. It should make Ethereum more user-friendly and efficient. It did this among other things by introducing smart accounts. This allows your wallet to temporarily access smart contracts.
Source: Ethereum roadmap
One of the biggest advantages is that Ethereum’s gas fees dropped to 9 cents. That’s unheard of! But there’s more, that really does make Ethereum more user-friendly. For instance,
MASSIVE!!!
ETHEREUM GAS FEES DROP TO JUST $0.09.
SO FREAKING CHEAP!!! pic.twitter.com/trxXVUAvuq
— Kyle Chassé / DD
(@kyle_chasse) May 16, 2025
- Gas sponsorship is another cool feature. This means that you no longer need to pay for gas fees or hold $ETH to pay for transaction fees.
- You can now also pay with customized gas tokens, as long as they are ERC20 tokens.
- There’s now also alternative authentication. Get access to your account or confirm transactions with your passkeys. However, biometrics are also part of the game here. So, these are big improvements for us as users.
ETH just made your bank irrelevant.
Pectra’s today upgrade means your wallet can pay gas in ANY token, bundle transactions, and recover through Instagram.
No infinite approvals. No ETH-only transactions.
Solana shills now on suicide watch as their entire narrative collapses. pic.twitter.com/3ZRaN3m79j
— Crypto Sage (@Crypto__Sage__) May 7, 2025
This is also reflected in the $ETH price. It’s now up by almost 52% over the last 30 days. One day it was even up by 20%. Such a spike didn’t happen for over 4 years on Ethereum. So, the current $ETH price is just above $2.700. It’s knocking on the $2,800 door.
Traditionally, an increase in the $ETH price, kicks off alt season. So, with one or two more such upticks in the $ETH price, we may see altcoins kicking off.
Plume Network ($PLUME)
Plume Network ($PLUME) is the last of today’s altcoins on my list. AnPlume also brings us back to the RWA realm. Behind Ondo and Maker, it’s third on the RWA list, measured by market cap. Plume is Binance’s RWA play. So, that gives it a good hand to play.
So, let’s start with Binance. YZi Labs invested in Plume Network. Binance Labs recently rebranded to YZi Labs. This most likely will lead to a Binance listing anytime soon. Even CZ seems to like this partnership quite a bit.
— YZi Labs (@yzilabs) March 17, 2025
Plume’s mainnet might launch later this month or in early June. This should position Plume as the leader in RWAfi. There are currently over 180 projects building on Plume.
I’m so incredibly hyped for the Mainnet launch of @plumenetwork you have no idea
Probably one of the best things to come to crypto in quite some time
Hundreds of RWA projects ready to launch, Billions in TVL ready to be deployed$PLUME will be great pic.twitter.com/pXL8EGsq0R
— DeFi Oracle
(@DeFiOracle_) May 19, 2025
Here are some of the features that Plume brings to the table. For example,
- Plume chain, its own RWA configured chain. Ready to take on the RWA world whilst being compliant. Currently, still in testnet.
- Arc, the tokenization engine. This allows you to tokenize everything and bring it onchain within minutes.
- $pUSD, Plume’s own stablecoin. You can use it for payments, trading and as collateral within Plume’s RWAfi ecosystem.
- Plume Passport, it’s RWAfi wallet.
- Nexus, Plume’s own in-house oracle solution.
So, if we look at the current $PLUME price, it’s 16 cents. That’s good, and an excellent entry point. However, the key here is $PLUME’s lower market cap, compared to Ondo.
It’s a $380k million market cap compared to $3 billion. So, there’s much more growth potential in Plume, but also more risk. Another thing to look out for is $PLUME’s vesting.
So, which of these three altcoins is your favorite? Or did I miss your pick? Let me know in the comments and follow and join our discussions on X and Discord.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
Copyright Altcoin Buzz Pte Ltd.
The post Top 3 Altcoins for 2nd Half of 2025 appeared first on Altcoin Buzz.