Top 4 Crypto Assets to Buy in August: Which can Double, XRP, TRX, CFX?

August has arrived, and the crypto assets market has once again become the focus of capital attention. Although the overall atmosphere for alts is bearish, some promising crypto types are brewing a new round of explosive growth against the trend. As investors' risk appetite recovers, which coins are most likely to achieve excess returns this month? This article selects four major crypto assets worth following, covering the fundamentals to the technical aspects, to help you grasp the latest investment hotspots.

XRP: Legal advantages boost, ETF concept ignites new market trend

Ripple ( XRP ) has recently concluded its legal disputes, and the regulatory environment is becoming clearer, with institutional funds noticeably flowing back. The current price remains stable above 3.10 USD, with a daily trading volume exceeding 6 billion USD, indicating high market activity. Technical charts show that XRP is converging in the range of 3.05 to 3.66 USD, with a breakout pressure imminent. If the ETF concept continues to ferment, coupled with further easing of U.S. regulatory policies, XRP is expected to welcome strong upward momentum, becoming one of the most outstanding mainstream coins in August.

TRON (TRX): On-chain activity hits a new high, DeFi ecosystem accelerates expansion

TRON ( TRON / TRX ) continues to lead the public chain track with network activity and ecological prosperity. The number of daily active addresses has exceeded 1.9 million, and the circulation scale of stablecoins has hit new highs repeatedly. Founder Justin Sun is actively promoting DeFi and cross-chain collaborations, bringing long-term value support to TRX. In the past 30 days, TRX has risen by 12%, but analysts generally believe this is just the beginning. As more partners join and infrastructure improves, TRON is likely to undergo a valuation reassessment in August.

Conflux (CFX): The Chinese concept rises again, lying low and waiting for an explosion.

As a representative blockchain project in China, Conflux ( CFX ) saw a significant surge earlier this year due to favorable policies. With the gradual easing of the regulatory environment in China, CFX has once again attracted capital interest. Currently, the price is far below the 2023 peak, indicating a clear space for rebound. If more Chinese tech giants participate in the future or if regulations further open up, Conflux will become one of the most explosive regional popular coins in August.

Early Promising Crypto: Community and Ecosystem Dual Drive

In addition to the mainstream coins mentioned above, the market has also seen the emergence of several highly active community projects with a surge in on-chain participation. These types of tokens typically possess strong social heat, limited early supply, and a clear development roadmap. Historical experience has shown that these characteristics often indicate the next dark horse of a bull market. August is indeed a golden window for early layout and capturing excess returns.

Conclusion

In August, with capital returning and market sentiment recovering, high-quality coins like XRP, TRX, and CFX are expected to stand out. Whether it's mainstream coins benefiting from regulatory dividends or rising stars relying on community support, they are all worthy of close attention from investors. Seizing the turning point of the industry and scientifically allocating assets may be the key for winners in the second half of the year!