April 2025 turned out to be a successful month for the cryptocurrency market, where several altcoins showed significant growth. An overview of the top 5 altcoins will help understand which ones attracted the most investor attention.
Sui: Riding the ETF Wave
Sui (SUI) led the altcoin pack in April with a 61.56% increase, spurred by 21Shares filing for the first-ever SUI ETF, increasing institutional investor interest.
Hyperliquid: DeFi Traders' New Favourite
Hyperliquid (HYPE) surged by 55.43% in April as it gained traction among users seeking decentralized derivatives alternatives. The growth in DeFi trading volumes contributed to HYPE's rally.
Other Notable Altcoins of April
Other notable performers include Solana (SOL), up 20.96%, Bitcoin Cash (BCH), gaining 19.67%, and Hedera (HBAR), which rose by 15.53%. These tokens also saw significant improvements thanks to increased interest in NFTs and financial utility.
April 2025 marked a remarkable growth period for many altcoins. Observing trends, investors should be cautious of potential market changes in May 2025.
