Santiment Altcoins: 6 Coins Investors Eyeing Amid Market Drop

Cryptocurrencies, including Bitcoin and altcoins, are currently feeling the pressure with significant price drops. This seems to be happening because of the tariffs announced by former US President Donald Trump on April 2nd, Independence Day, and the resulting retaliatory actions from China.
Despite the ongoing concerns about tariffs potentially driving down prices for BTC and altcoins, cryptocurrency analysis firm Santiment recently highlighted an interesting trend. In their latest update, they noted that investors are showing significant interest on social media in several coins: Solana (SOL), Ethereum (ETH), Ripple USD (RLUSD), Tether (USDT), Cardano (ADA), and Binance Coin (BNB).
Santiment described these as the “top trending assets” as the cryptocurrency market reacts to the tariff news. Interestingly, even amidst the market jitters, these coins are showing signs of potential recovery, particularly with US stock markets currently closed.
Solana (SOL): There’s a noticeable surge in discussions around Solana right now! People are actively making price predictions, analyzing market trends, and diving into technical analysis, all pointing to strong interest and engagement with SOL.
Ethereum (ETH): Ethereum is also making waves and gaining traction. It’s trending due to frequent mentions in market analysis, price forecasts, and technical evaluations. Furthermore, conversations among investors are buzzing about the highly anticipated transition to Ethereum 2.0 and how it will impact scalability and broader adoption.
Ripple USD (RLUSD): Keep an eye on Ripple’s newly launched stablecoin, RLUSD! It’s rapidly gaining traction and trending because of its close ties to Ripple. Having integrated with Ripple’s payment systems, RLUSD is streamlining cross-border transactions and attracting considerable institutional interest. This stablecoin has seen a significant jump in adoption and trading volume. Recent news surrounding Kraken’s support for RLUSD has further amplified interest.
Tether (USDT): USDT is consistently trending, simply due to the sheer volume of mentions across various platforms.
Cardano (ADA): Cardano (ADA) is also trending, frequently popping up in conversations about cryptocurrency prices and overall market analysis. Discussions often revolve around market trends and forecasts, with users actively speculating on future price movements and potential investment opportunities.
Binance Coin (BNB): There are numerous predictions circulating about potential price movements and trading ranges for BNB. This makes it a central point of focus for both investors and traders actively involved in the cryptocurrency market.
*This is not investment advice.