5 Key Altcoins to Watch in September: Solana, Hyperliquid, Zcash, Uniswap, and Monero
Five major altcoins enter September with critical macro and protocol catalysts following strong August breakouts. From ETF momentum for Zcash to Hyperliquid's massive unlock and Solana's protocol upgrade, key price levels will be put to the test.
Zcash led the privacy surge following the launch of Grayscale's spot ETF on NYSE Arca, while Monero printed a swift 26.5 percent gain after THORChain integrated native swaps. Open interest on XMR doubled to 278 million dollars, setting up a potential liquidity squeeze as traders eye resistance near 600 dollars.
Solana is holding the 104 dollar support level ahead of its Transaction V1 upgrade on September 9, supported by Bitwise crossing 1 billion dollars in ETF assets. However, a 44 percent drop in quarterly fee revenue presents a sharp divergence between technical momentum and on-chain fee generation.
Hyperliquid faces massive structural pressure with a 1.2 billion dollar token unlock scheduled for September 29. While monthly buybacks continue to absorb supply, historical unlocks suggest volatility back toward the 77 dollar breakout level.
Uniswap saw monthly fee burns double to a record 8.9 million dollars, but further upside hinging on mid-September US regulatory news could decide whether UNI clears key 5.66 dollar resistance.