CoinDesk reviews:
Foreign media: As 2026 enters the second half, the market is starting to concentrate on whether or not a decline in Bitcoin’s dominance might drive capital towards altcoins. An opinion piece notes that SUI, ONDO, LINK, HYPE, and RNDR correspond to the Layer 1, RWA, cross-chain, decentralized derivatives, and AI computing sectors, respectively, and are subsequently listed as tokens to look at in the second half of the yr.
The article highlights 5 sectors.(*5*)
The article means that this spherical of capital rotation not focuses solely on low-market-cap speculative property, however as a substitute favors tasks with on-chain exercise, liquidity, and real-world use instances. The 5 talked about tokens every correspond to completely different themes.
- SUI: Monitor DeFi exercise and stablecoin liquidity
- ONDO: Advantages from demand for tokenized U.S. Treasuries and on-chain yield merchandise
- LINK, HYPE, RNDR: Guess on cross-chain, derivatives buying and selling, and AI computing energy respectively.
SUI and ONDO face completely different pressures(*5*)
The article states that SUI will proceed to face unlocking stress in the second half of the yr, which can create short-term promoting stress; nonetheless, if DeFi complete worth locked and stablecoin liquidity develop quicker than new provide, value efficiency might nonetheless enhance. The article notes that SUI is at present in a requirement vary of $0.57 to $0.70, and if it reclaims the $0.85 to $0.90 stage, shopping for energy could also be confirmed.
ONDO’s logic is extra rooted in RWA. The article means that if rates of interest decline or conventional yields slender, some capital might shift towards on-chain yield merchandise. On the worth entrance, though ONDO has rebounded from a key assist stage, upward momentum stays weak; open curiosity has declined and funding charges have flattened, indicating that leveraged buying and selling is cooling. The article anticipates that its value might first retest the $0.23 to $0.24 vary earlier than attracting new liquidity.
Catalysts for LINK, HYPE, and RNDR(*5*)
The article states that LINK’s major catalyst stems from institutional and protocol adoption of Chainlink’s CCIP. The token has retraced roughly 30% from its year-to-date excessive and is at present buying and selling inside a good vary between $6.96 and $7.67. It notes that the weekly RSI has risen from its lowest stage since 2022, suggesting that promoting stress could also be easing, although the worth might stay in a consolidation part under $10 for a while.
HYPE’s enchantment lies in buying and selling quantity. The article notes that since May, Hyperliquid’s buying and selling quantity has risen considerably, nearing $2 billion, pushing costs to new highs. If market volatility rebounds and derivatives buying and selling continues to increase, protocol revenues might additional enhance. RNDR stays categorized beneath the AI buying and selling theme; if GPU shortages intensify in the second half of the yr or demand for AI computing energy continues to develop, capital inflows might strengthen, although its short-term technical alerts stay weak.
Total, the core judgment of this text is that Bitcoin nonetheless dominates market liquidity, but when its dominance weakens, tokens with clear narrative themes and real-world use instances could also be extra prone to entice new capital. The article additionally identifies buying and selling quantity, open curiosity, and liquidity absorption close to key resistance ranges as key metrics to observe going ahead.
