After a hugely eventful July for most of the crypto market, the calendar flip to August is shaping up to be a major turning point. We’re heading into a month that looks packed with catalysts, from potential ETF decisions to product launches that could inject fresh excitement.
This is exactly the kind of environment where smart traders look for the best crypto to buy ahead of the news. And with that in mind, three projects are standing out right now for very different reasons.
Established altcoins like Solana and Hyperliquid, plus presale newcomer Snorter, each have time-sensitive events that could lead to a massive rally next month. Let’s explore each and see why they’ve landed on our watchlist for August.
1. Solana (SOL)
Solana (SOL) is trading around the $180 mark after rejecting resistance at $195 on Monday. But this dip looks more like a launchpad than a problem. That’s because there’s a stack of catalysts lined up for August that might prompt another SOL rally.
The main one is a potential spot ETF decision from the SEC. Although unlikely to come until October, a surprise early approval would unlock serious institutional inflows. Plus, the Solana Foundation’s “On-Chain Summer” campaign kicks off next month to showcase new apps and drive usage.
On top of that, a high number of traders are betting against SOL. This could create a classic short-squeeze scenario where any good news would force them to buy back in, launching SOL’s price higher. So, while conditions might look bearish right now, Solana is setting up for an explosive August.
2. Snorter (SNORT)
As Solana rises, the tokens in its ever expanding ecosystem also often gain, and the next big entrant could be Snorter (SNORT). This is a new trading bot built entirely inside Telegram, designed to give Solana-based traders an edge.
Snorter lets you snipe new meme coin launches in milliseconds and, just as importantly, features a built-in scanner to help you avoid scams and rug-pulls. The project has already raised over $2.5 million through the presale of its SNORT token, showing just how much demand there is for a tool like this.
What makes Snorter so timely is that the presale is experiencing enormous demand and could sell out in late August, assuming momentum remains high. As such, now might be the last chance to buy SNORT tokens at a fixed price before they launch on a DEX.
With the full public version of the bot coming soon and experts like 2Bit Crypto calling it a “presale gem,” Snorter could be ticking all the boxes for a successful exchange debut. Visit Snorter Presale.
3. Hyperliquid (HYPE)
Another crypto to watch is Hyperliquid (HYPE), currently consolidating around $43 after posting a new all-time high two weeks ago. What makes Hyperliquid so exciting is its direct cash-flow model; it distributes 100% of its trading fees to HYPE token stakers.
August is lining up to be a pivotal month for the project. Strong rumors of a Binance US listing could unlock a wave of retail investment, while a planned pilot program with Nasdaq may start bridging the gap for institutional traders.
Plus, another round of treasury buybacks is scheduled for early August, which will further reduce the available HYPE supply. With shorts building up, a push past the $45 mark could be all it takes to squeeze price back toward the $50 all-time high – and that’s why Hyperliquid is among the best cryptos to buy now.
This article is not intended as financial advice. Educational purposes only.
