Ethereum (ETH), Hyperliquid (HYPE), and the Ripple-linked token, XRP, are some of the top crypto assets to watch in July. Ethereum is stabilizing around $2,460, supported by surging institutional capital—spot ETH ETFs saw record inflows approaching $1 billion in recent weeks.
Hyperliquid’s native token, HYPE, recently reclaimed the $40 level, buoyed by an 18% month-over-month rise in DEX volume and expanding total value locked to approximately $1.8 billion. Meanwhile, XRP trades near $2.18, with growing anticipation of a potential resolution in its long-standing legal case.
Expectations around legal clarity could be key in driving investor sentiment and price volatility in the coming weeks. These three assets present a mix of institutional interest, network growth, and regulatory catalysts to watch closely this month.
Ethereum’s Institutional Backing Gains Momentum
Ethereum (ETH) enters July with strong institutional flows and renewed bullish conviction among analysts.
CoinShares data shows ETH recorded over $1.43 billion in inflows this month, second only to Bitcoin. In the past week alone, ETH saw $429 million in institutional capital, underscoring sustained demand from asset managers and fund allocators.
Multiple analysts have highlighted Ethereum’s current positioning. Crypto Caesar emphasized that ETH is undervalued relative to Bitcoin, with the ETH/BTC ratio lingering near multi-year lows around 0.023.
Caesar pointed to May’s Pectra upgrade, which improved Ethereum’s scalability and added smart wallet and Layer 2 enhancements. Moreover, the analyst noted that only 4.9% of ETH supply now sits on exchanges, the lowest level in a decade, suggesting reduced sell pressure and rising demand from long-term holders.
CryptoGEMs flagged a bullish structure on ETH’s weekly chart, identifying $2,450–$2,500 as a key resistance band. If that level is cleared, the analyst projected a potential breakout scenario toward new all-time highs. Meanwhile, another trader referenced a $1.12 billion ETH accumulation by a firm managing $11 trillion in assets, interpreting the move as strategic positioning rather than speculative entry.
The crypto influencer shared a picture of Larry Fink, BlackRock CEO, though it is more speculation than confirmation for now. With limited supply, growing network demand, and institutional accumulation, Ethereum remains a top asset to watch in July.
HYPE’s Momentum Make it a Top Crypto to Watch in July
HYPE, the native token of the Hyperliquid exchange, is another top crypto to watch in July. The token will start the new month with strong fundamentals and renewed bullish interest. After rallying nearly 900% in the past seven months, HYPE briefly touched a new high of $45 on June 16 before pulling back 18.6%.
However, the token recovered, with bulls pushing HYPE back above $40. Despite the correction, the token continued to attract more strength.
According to DeFiLlama data, DEX volume across Hyperliquid reached a record high of nearly $12 billion in June—a 17% increase from May and the protocol’s strongest month since launch. Sustained growth in volume and user engagement has helped anchor HYPE’s recent performance, solidifying its spot in the top 20 by market capitalization.
A crypto analyst, with X username UfoCalls, stated that the token’s price structure was “parabolic” and suggested new highs are imminent, pointing to a rounded base forming on the daily chart.
If the current structure holds, analysts expect HYPE to climb break through to new all-time highs. With strong on-chain activity and favorable technicals, HYPE remains a high-momentum crypto to watch in July.
XRP Could be Set For Breakout as Legal Uncertainty Nears Resolution
XRP has re-emerged as a top crypto to watch in July, as bullish technical setups align with a decisive development in Ripple’s long-standing case with the U.S. Securities and Exchange Commission.
On June 28, Ripple CEO Brad Garlinghouse confirmed that the company is dropping its cross appeal. The SEC is expected to do the same—effectively closing a chapter that has weighed on XRP for years.
Market response to the legal resolution has been constructive.
Crypto analyst CasiTrades highlighted a bounce from the $2.07 zone—precisely where three technical confluences intersected, including the golden 0.618 Fibonacci retracement. She flagged $2.25 as the next major resistance level, calling it a macro .382 Fib level and a line that has served as critical overhead resistance for months.
CasiTraders noted that two short-term scenarios were now in play: a rally into the $2.30 zone followed by a backtest of $2.25 as support, or a more aggressive move toward $2.45–$2.69 before consolidating. Either outcome hinges on XRP flipping $2.25 decisively.
Captain Redbeard also called for a potential breakout, pointing to a descending trendline on the daily chart. RSI and MACD indicators confirm upward momentum, with XRP hovering near key resistance levels around $2.20–$2.25.
Combined with over $21.2 million in institutional inflows for June and the fading regulatory overhang, XRP’s setup into July appears structurally sound. This makes it another top crypto choice for the coming month.
