3 Altcoins to Watch After Slow US CPI and Inflation

Altcoins are showing renewed strength following the latest US CPI data, which revealed a soft 0.1% inflation increase in May. XRP, Hyperliquid (HYPE), and Virtuals Protocol (VIRTUAL) are three tokens gaining momentum as investors shift toward high-upside plays in a stable-rate environment.

XRP is riding Bitcoin’s bullish wave, HYPE continues to dominate the perpetuals market with record revenue, and VIRTUAL leads the AI narrative after launching its first Ethereum-native agent. With risk appetite returning and capital rotating into strong narratives, these altcoins are poised to benefit if momentum holds.

XRP

XRP’s strong 0.91 correlation with Bitcoin suggests it could benefit from BTC’s move toward $110,000, especially in light of the latest US CPI data showing a 2.4% inflation increase, which was lower than expected.

“Despite all the doom and gloom predictions, we’re now nearly halfway through the year and the inflation genie remains contained in its bottle. Today’s CPI report confirms it – inflation isn’t as bad as everyone had feared, and risk assets will love this confirmation.” – Nick Purin, crypto analyst, investor and founder of The Coin Bureau, told BeInCrypto.

With interest rate cuts now unlikely in the short term, market conditions appear stable enough to support further risk-on sentiment, giving altcoins like XRP room to climb.

XRP is already showing bullish momentum, with its RSI sitting above neutral and buying pressure building. If it can break the $2.35 resistance, it could rally toward the next key level around $2.48.

XRP Price Analysis. Source: TradingView.

This momentum is also supported by growing institutional interest. Corporations such as Webus and VivoPower are building large XRP reserves, not for speculation but for utility—betting on XRP’s role in fast, low-cost cross-border payments and Ripple’s expanding ecosystem.

The integration of RLUSD, Ripple’s stablecoin, adds further credibility to XRP’s settlement potential, especially as each RLUSD transaction consumes XRP.

While risks like volatility and low validator decentralization remain, a break above $2.35 could reinforce XRP’s growing narrative and fuel additional upside in the current macro environment.

Hyperliquid (HYPE)

Hyperliquid (HYPE) is well-positioned to benefit from the current macro setup, with inflation rising modestly and rate cuts off the table for now, conditions that often encourage risk-on sentiment across altcoins.

HYPE has already been trading at all-time highs for several days, and with Bitcoin pushing near $110,000, capital rotation into high-performing altcoins like HYPE could accelerate.

Backed by dominant market share in the perpetuals sector, $50–$75 billion in weekly trading volume, and nearly $65 million in monthly revenue, Hyperliquid has established itself as one of the most profitable platforms in crypto—second only to Tether and Circle in the last 30 days.

HYPE Price Analysis. Source: TradingView.

Technically, HYPE remains bullish. It’s currently holding above $40 with short-term EMAs trending above long-term ones, and momentum indicators like RSI and BBTrend hint at stabilization after a brief cooldown.

If this trend continues, HYPE could soon break the $45 resistance and potentially test the $50 level for the first time.

The token’s recent listing on Binance US—and growing speculation around a full Binance listing—adds further fuel to the narrative, placing HYPE in a strong position to extend its rally.

Virtuals Protocol (VIRTUAL)

As investors look beyond Bitcoin for high-upside opportunities, VIRTUAL stands out due to its role in launching decentralized AI agents on Ethereum, Base, and Solana.

The recent launch of I.R.I.S.—the first AI agent fully integrated with Ethereum Layer 1 and developed in collaboration with Nethermind—adds significant technological credibility.

VIRTUAL Price Analysis. Source: TradingView.

With Ethereum.org acknowledging the launch and stating “Ethereum is for AI,” VIRTUAL is now at the forefront of the AI-on-chain movement, making it especially attractive during risk-on rotations.

The token’s recent performance reflects that momentum: VIRTUAL is up nearly 25% in the last seven days, making it the biggest gainer among leading AI tokens.

Technical indicators support further upside as it remains strong above previous support zones. If current buying pressure continues, it could break out toward $2.58.