Cryptocurrency prices rallied last week as U.S. President Donald Trump said, without citing examples, that trade talks with other countries were taking place.

Bitcoin (BTC) jumped above $95,000 for the first time in over a month, while the market cap of all Solana (SOL) meme coins jumped to over $10 billion. This article explains why Pi Network (PI), Ripple (XRP), and Sui (SUI) are the top cryptocurrencies to watch this week.

Sui token unlock could disrupt the rally

Sui, a top layer-1 network, was one of the top-performing coins in the crypto industry as it jumped to $3.8, its highest level since Feb. 1, and up by 110% from its lowest level this month. 

It rallied as top meme coins in its ecosystem surged, resulting in a 60% increase in weekly DEX volume. Protocols in its platform handled over $3.43 billion in volume in the last 7 days, bringing the monthly transactions to over $11 billion. 

Sui’s surge may be disrupted by a big token unlock scheduled for Thursday. The network will release tokens worth $120 million. Token unlocks lead to dilution, often affecting a coin’s performance. 

The daily chart also shows that the SUI price has become overbought as the Relative Strength Index has moved to 77. Therefore, the coin is likely to retreat and retest the key support at $2.8150, the neckline of the double-bottom pattern at $2.

XRP price sits at a key level

Because of its technicals, Ripple’s token will be in the spotlight this week. The chart below shows that the XRP price was trading at $2.17 on Sunday, a notable level for two reasons. First, it is along the 50-day Exponential Moving Average, which has provided substantial resistance in the past few months.

Second, the price is along the descending trendline connecting the highest levels since January 16. This trendline is the upper side of the descending triangle, whose lower side is at $1.9437. 

A descending triangle is a popular bearish chart pattern. Therefore, the coin will need to rise above the slanted trendline and the 50-day moving average to invalidate the bearish outlook of the triangle.

Pi Network: Will the consolidation end?

Pi Network will be a top cryptocurrency to watch this week as its consolidation continues. It has remained at $0.6350 in the past few weeks, and it did not participate in last week’s crypto recovery. 

Therefore, this consolidation may be calm before the storm since all Pi needs is a minor catalyst, and its price will go parabolic. A potential catalyst will be an exchange listing by one or more tier-one companies. HTX, a top exchange that is advised by Justin Sun, has been sending hints that it will list it soon. For example, Pi Network has appeared on several X posts, including the one shown below and this one.

Cardano rivals like Avalanche, Solana, Polkadot, NEAR, and Algorand are gaining market share as Ethereum faces scalability challenges.

Cardano (ADA) Tops $0.70 as Founder Predicts Ethereum Collapse

Cardano (ADA) recorded a weekly gain of 12.2%, closing above $0.70 on April 26 — its highest since February 2025.

The move follows public remarks by Cardano founder Charles Hoskinson, who stated during a CNBC interview that Ethereum’s scalability and governance limitations are likely to undermine the network within the next 15 years.

Hoskinson, an original co-founder of Ethereum, highlighted issues around layer-2 reliance, decentralization trade-offs, and ecosystem fragmentation as critical vulnerabilities.

“Without fundamental reform, Ethereum risks disintegration by 2040,” Hoskinson said, citing longstanding market concerns regarding the network’s technical roadmap.

Ethereum’s transition toward rollups and modular scaling, including recent updates such as Dencun, has not eliminated bottlenecks related to cost and throughput.

These factors has seen Cardano rivals like Solana, Avalanche and a handful of others gain ground on Ethereum in recent weeks.

Cardano Rivals to Watch if Ethereum Collapses by 2040

Notably, Charles Hoskinson founding member of Ethereum before exiting to found Cardano. Hence its unsuprisingly that his prediction of Ethereum’s collapse weighs heavy on market sentiment.

If Ethereum continues to lose market share, Avalanche, Solana, Polkadot, NEAR Protocol, and Algorand are some 5 Cardano rivals to watch in the months ahead, based on recent price trends, ETF filings and institutional demand for these assets.

Avalanche (AVAX)

• Avalanche’s high transaction throughput, customisable subnets, and enterprise integrations strengthen its case as a scalable smart-contract platform.

Solana (SOL)

• Solana ETF applications by Franklin Templeton, Grayscale, and VanEck remain under SEC evaluation, with decision deadlines in October 2025 according to Bloomberg chief ETF analyst Eric Balchunas.

• Solana’s fast transactions through-put and growing decentralized finance (DeFi) traction continues to drive institutional and developer interest.

Polkadot (DOT)

NEAR Protocol (NEAR)

Algorand (ALGO)

In summary:

Hoskinson’s assessment of Ethereum’s future emphasizes growing concerns surround the long-term viability of the pioneer smart-contract blockchain network. Despite a leadership shuffle at the Ethereum Foundation in early March 2025, key on-chain benchmarks like scalability, governance, and decentralization resilience remain clouded under pesimism.

As regulatory clarity improves and technological differentiation widens, Cardano rivals like platforms like Avalanche, Solana, Polkadot, NEAR, and Algorand, able to meet those demands are expected to gain market share.

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ibrahim

Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.