Which Cryptocurrencies Could Blow Up in August 2025?
Cryptocurrency Market Outlook: Hedera, Avalanche, and Solana
In the world of cryptocurrencies, three digital assets - Hedera (HBAR), Avalanche (AVAX), and Solana (SOL) - have been making significant moves in the market. As we approach early August 2025, let's take a look at the current outlook for these digital assets.
Hedera (HBAR)
After a sharp correction in February and March 2025, Hedera's market cap dipped below $8B. However, multiple sources predict that HBAR will trade within a moderate range around $0.23 to $0.30 in August 2025. Key support near $0.23 has been defended, suggesting potential for recovery or price growth.
Changelly expects August 2025 prices to range from about $0.2353 (minimum) up to $0.2877 (peak) with an average near $0.2877. CoinCodex and CoinGecko anticipate price ranges approximately $0.22–$0.34, highlighting a possible upside of around 39% if support holds.
Recent price activity indicates a rebound from lows near $0.23 to around $0.24 in early August 2025. Holding above $0.23 is critical for HBAR, with resistance levels near $0.30 marking potential recovery targets.
Avalanche (AVAX)
Avalanche experienced a strong bullish breakout in July 2025, with a 30% monthly price increase. This was accompanied by rising trading volumes and DeFi activity. Technical charts broke out of a multi-month descending channel, indicating a potential reversal. Analysts suggest a short-term price target of $32 to $35.
The rally peaked in late July with AVAX's market cap nearing $11B, but by early August, AVAX dropped to $8.81B, erasing much of its July gains. Avalanche's July gains reversal indicates a potential make-or-break level for recovery momentum at $8B-$8.5B. A break lower from this support could lead to a deeper retracement towards mid-year lows for AVAX.
Solana (SOL)
Solana embarked on an upward trend in the middle of July 2025, reaching a market cap of over $110B. However, the rally failed to rise above the $110B stage. As of early August 2025, there is no specific, up-to-date technical analysis or price predictions for Solana (SOL) available. Given SOL's historical volatility, investors would need to consult more recent, SOL-specific technical analyses or market updates to assess its recovery potential and support levels accurately.
In conclusion, Hedera is positioned near a critical support zone with forecasted moderate recovery potential around $0.23–$0.30; Avalanche shows strong breakout momentum, targeting $32–$35 soon; Solana’s status remains unclear from the available data and requires further current analysis for an informed outlook. Maintaining current support zones is crucial for renewed rallies in Avalanche, Solana, and Hedera.
- Despite a initially weaker performance compared to other altcoins such as Avalanche and Solana, Hedera's cryptocurrency (HBAR) forecast projects it to trade within a range of $0.23 to $0.30 in August 2025, with potential recovery or growth.
- Avalanche's cryptocurrency (AVAX) has shown strong bullish momentum, with potential short-term price targets of $32 to $35, following a strong breakout in July 2025 and rising DeFi activity.
- Solana's cryptocurrency (SOL) has the potential for significant volatility, as it reached a market cap of over $110B in July 2025, but subsequently failed to rise above this stage. Current technical analysis is needed to accurately assess its recovery potential and support levels.