6 Best Altcoins to Watch Today, June 28 – XRP, IOTA, Axelar, Pendle

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As cryptocurrency markets continue to change, some altcoins are becoming quite popular. Whether you’re a seasoned investor or a keen observer, some tokens are exhibiting encouraging indications of growth, innovation, or essential practical applications. XRP, IOTA, Axelar, Pendle, and other noteworthy cryptocurrencies are among the 6 best altcoins to watch today.

The Financial Action Task Force (FATF) urged almost 100 nations to strengthen crypto regulation and plug vulnerabilities in response to global concerns. In its June 26 report, the FATF highlighted alarming illicit flows of $51 billion last year, fueling everything from terrorism to money laundering.

6 Best Altcoins to Watch Today

What is attracting new attention to these coins? In this dynamic field, they are supported by fresh innovations, strong utility, and expanding alliances that genuinely have an impact. This breakdown will clarify if you’ve been unsure which assets are worth a second look or which are subtly accumulating towards significant breakthroughs.

1. XRP (XRP)

As a bridge currency, XRP, the native token of the XRP Ledger (XRPL), seeks to transform cross-border payments by cutting transaction times to seconds and reducing expenses compared to more antiquated systems like SWIFT.

XRP Price Chart

The XRPL’s June 24 release of version 2.5.0, designed to let enterprise clients scale and comply, made token escrow, permissioned DEXs, and batch transactions possible. Two days later, Wormhole and Ripple signed a cooperation agreement integrating Wormhole’s protocol into the XRPL EVM sidechain to improve cross-chain interoperability, expand ecosystem reach, and enhance DeFi prospects.

With around 59 billion tokens in circulation (approximately 59% of its maximum supply), XRP now has a market valuation of $128 billion. Although weekly activity lags slightly, trading volumes can reach over $3 billion on a single day as traders seem to be preparing for a possible move.

It is anticipated that the SEC would abandon its cross-appeal against Ripple Labs. The long-running legal battle over XRP’s classification may finally come to an end. Even though a judge recently rejected lowering Ripple’s fine from $125 million to $50 million, those legal problems seem to be clearing up.

2. IOTA (IOTA)

IOTA employs a “Tangle,” a directed acyclic graph, in contrast to conventional blockchains, in which each new transaction validates two earlier ones, removing miners and being powered by network users. This architecture offers tremendous scalability and properly feeless microtransactions.

Following the switch to the “Rebased” mainnet, the Foundation started developer-centric programs on June 19 to increase adoption and practical use. These included EU-backed training, Singaporean hackathons involving prizes, and partnerships with Imperial College London.

IOTA Price Chart

IOTA is now trading at about $0.1555, oscillating between the recent intraday extremes of $0.1509 and $0.1559. While a decline below $0.14 would suggest further intense correction pressure, IOTA can herald renewed impetus if it can push over critical resistance levels around $0.17.

Then, 5 days ago, IOTA made two wise decisions: it launched the alpha of its Gas Station, which allows developers to sponsor transactions for users, and it joined CryptoUK, which is actively collaborating with the FCA and HM Treasury to design next-generation UK crypto law.

3. Axelar (AXL)

Axelar was created to address a significant blockchain friction point: safe, smooth cross-chain communication. Consider it the all-in-one translator for smart contracts and cryptocurrency assets, enabling developers to create apps on one chain and quickly access resources or services on another.

The DAMA 2 light paper, a roadmap for a privacy-focused, legally compliant Ethereum Layer 2 tokenization platform, was released on June 17 by Axelar in collaboration with Deutsche Bank and Memento Blockchain. The network hopes to introduce a minimal viable product in H2 2025, with Axelar serving as the crucial interoperability layer.

AXL Price Chart

Bullish momentum could return to AXL if it maintains above the 50-day moving average, which is $0.38. However, there is actual pressure because its price has fallen 44% from its peak, and inflation is still significant (48% annual token rise). With less liquidity, it might be more vulnerable to a more severe correction if it drops below $0.30.

On June 24, it upgraded its XRPLMultisigProver to v1.4.2 as part of Proposal 358. This enhancement enhances security and trust in cross-chain messaging with the XRP Ledger, which serves as the foundation for enterprise-grade integrations.

4. Pendle (PENDLE)

Pendle’s unique selling points remain the yield tokenization engine and bespoke AMM for time-sensitive assets. Along with functional flexibility (buyers locking in yield, sellers hedging exposure), it also provides yield producers and dealers with a robust toolkit.

Investors transferred 2.18 million tokens, valued at around $8.3 million, from Binance, suggesting institutional accumulation as regulators such as the SEC become more pro-DeFi. While whale-sized $1M—$10M trades increased by 300%, on-chain data reveals that new addresses increased by about 11% and active users by 1%, signifying both widespread and deepening protocol usage.

PENDLE Price Chart

With a fully diluted valuation of nearly $891 million and a market capitalization of about $562 million, it is down more than 50% from its peak of $7.46 on April 11, 2024. Still, it is showing signs of stabilization today. The trading volume is still high, at about $70 million in a 24-hour period, indicating that retail and institutional players are still actively participating.

Concurrent with these flows, Pendle’s assets under management surpassed $5 billion on June 17, a decline from less than $2 billion only months prior. Its yield market is supported by “principal tokens,” whose explosive rise represents a significant real-world validation as one of the 6 best altcoins to watch today.

5. BTC Bull (BTCBULL)

The excitement of the BTC Bull presale is like catching a rocket ship just before takeoff. For Bitcoin enthusiasts who desire more than just the price spike, BTC Bull provides immersive staking with double-digit APY, actual Bitcoin incentives at significant BTC milestones, and a token burn program designed to create hype and scarcity.

BTCBULL Tweet

With only a few days remaining, BTCBULL has already raised over $7.5 million in presale at around $0.00258, and momentum is rapidly increasing. When Bitcoin reaches $150K or $200K, holders receive airdropped Bitcoin; when it reaches $125K, $175K, or $225K, holders receive airdropped Bitcoin. This spike indicates that investors are buying into its idea.

BTCBULL provides stacked incentives for those who think Bitcoin is just starting its next leg up: stake for yield, hold for airdrops, rely on burns for scarcity, and hope for exchange demand after listing. However, that $0.00258 entry might disappear, and the ride might go into full launch mode after the presale ends in a few days, so act quickly.

Visit BTC Bull Presale.

6. Maker (MKR)

MKR’s synergistic relationship with DAI and governance is what sets it apart. It’s more than just conjecture; it’s the cornerstone of a decentralized central bank driven by real-world asset participation, risk controls, and community votes. Developers, organizations, and DeFi trusts have taken notice of this phenomenon.

According to reports, MakerDAO is getting ready to hold $1.1 billion in USDC with Coinbase to participate in the exchange’s Institutional Rewards program. This demonstrates how MakerDAO is allocating its stablecoin reserves to generate income. Diversifying collateral use and strengthening DAI’s ties to institutional-grade assets strengthen the stability and trust of its stablecoin concept.

MKR Price Chart

It has fought its way up from its 52-week low of $828 to get back on track. MKR has increased by almost 20% in the last month, although it is still down by over 70% from its peak. With a decreasing annual inflation rate of -34.8% and around 604,000 MKR in circulation, on-chain measurements indicate that more tokens are being burned than created, hence bolstering scarcity and long-term value.

The larger protocol is still being developed in the interim. With the switch from MKR to a new token, SKY, the long-awaited transfer to the Sky Protocol has occurred. Whales began converting MKR to SKY in mid-June, which doubled the amount of TVL staked to roughly $7.1 billion and unlocked payouts of up to 38% in USDS.

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