Top 5 Altcoins Poised for Explosive Growth This Week

August is proving to be a robust month for the crypto market, with altcoin prices surging and reaching new highs. With this positive momentum in place, analysts are turning their attention towards which tokens might deliver significant gains within the coming week. Crypto influencer AltCryptoTalk has identified five promising altcoins that they believe will see significant price action: NEAR, OP, ENA, ZK, and PENDLE. 8% growth over the past week has positioned NEAR Protocol to surpass $2.6, driven by anticipation for a community vote reducing inflation from 5% to 2.5%. AltCryptoTalk believes that breaking past the $3.65 mark could propel NEAR towards a bullish run of $8. OP (Optimism) is showing renewed strength after bouncing off its support level of $0.60, now trading around $0.74. If OP can break above the $0.833 level, analysts expect a strong push towards $1. However, an upcoming unlock of 31.34 million OP tokens at the end of August could bring short-term volatility. Ethen ENA surged over 30.87% this week, propelled by ENA’s stablecoin USDe becoming the world’s third-largest dollar-backed stablecoin. Analysts predict a push past $0.85 will quickly carry price towards $1 or more, based on current momentum. ZkSync (ZK) has been trading around $0.055 after experiencing a 4.7% drop over the last 24 hours. Altcrpytotalk believes a move past $0.065 could spark short-term gains, while breaking above $0.088 would indicate stronger medium-term rally. Meanwhile, a massive token unlock scheduled for August 17th will introduce 173 million new ZK tokens into circulation. Finally, Pendle (PENDLE) has gained attention after surging more than 37% in the past week and breaking through resistance at $5.3. Technical indicators point to continued upward momentum, with AltCryptoTalk predicting that PENDLE could reach as high as $7 if market sentiment holds. However, a drop below $5.20 could open the door to a pullback.