Ethereum (ETH), Kaspa (KAS), and Solana (SOL) Are the Altcoins to Watch This Week

As the crypto market prepares for an important week, a number of altcoins are at crucial points both technically and fundamentally.

The crypto market is preparing for an important week, with several altcoins reaching crucial points both technically and fundamentally.

Among the most interesting coins to watch next week are Ethereum, Kaspa, and Solana. These tokens are at key technical levels and major events could drive some interesting moves.

Three Altcoins to Watch Next Week:

Ethereum (ETH)

Ethereum (ETH) is the backbone of the crypto ecosystem, and the ETH Seoul event on April 14, 2025 will be a highlight to watch.

This prestigious event will bring together leading developers, industry experts, and key stakeholders to discuss advancements such as Layer-2 scaling and innovations in decentralized finance (DeFi) applications.

The positive developments and new partnerships announced within ETH Seoul could increase the network’s utility and strengthen its position in the market.

With a strong community and the network’s upgrade in progress, this event has the potential to spark new investor interest and drive a positive price reaction, making ETH one of the coins worth monitoring next week.

Technically, Ethereum is trading within a clear descending channel pattern, with a potential bullish reversal zone at the $1,750 support.

The five-wave correction structure (a-b-c-d-e) suggests that wave Y may have been completed, which could signal the end of the downtrend.

A breakout above the channel could pave the way towards the $2,125 target and higher Fibonacci levels. However, a failure to hold this green support zone could lead to a drop towards the 0.786 retracement level at $1,586.

Kaspa (KAS)

Kaspa (KAS) is expected to experience significant market movement as the token opening is scheduled for April 7, 2025.

At this moment, a large number of tokens will be released into the market, potentially increasing liquidity while triggering short-term volatility.

Typically, token unlock events spike trading activity as token holders begin to re-evaluate their positions, and the market can react with rapid price movements.

Investors should pay close attention to trading volumes and overall market sentiment, as this event can bring both risks and opportunities. Monitoring technical indicators alongside market news developments is highly recommended during this period.

Technically, Kaspa is still moving in a descending wedge pattern, with the price recently rejected at the 0.618 Fibonacci level ($0.082).

The corrective wave structure (a-b-c) suggests the possibility of a lower low forming, with a potential drop towards the 0.786 level around $0.048. However, the RSI shows a mild bullish divergence, which could signal a weakening of selling pressure.

If the support at $0.06 is able to hold and the bullish divergence is realized, then a reversal to the $0.095-$0.107 area is still possible.

Solana (SOL)

Solana (SOL) recently experienced its largest single-day token opening on April 4, 2025, where more than 1.3 million SOL tokens, valued at approximately $200 million, entered circulation.

This event triggered significant selling pressure, with many token transfers being opened to major crypto exchanges, hinting at potential selling activity by holders.

Following this unlock, Solana network activity decreased, including trading volume on the DEX (decentralized exchange) and total value locked (TVL), which dropped considerably.

These developments could affect investor sentiment and potentially impact SOL prices in the coming weeks.

Technically, Solana is currently retesting the 0.618 Fibonacci retracement zone around $115, which is also an important support area that coincides with the green demand zone.

Price action shows uncertainty—both buyers and sellers are still fighting for control—opening up the possibility of an upward breakout or a downward breakdown.

The RSI is still neutral, not signaling any strong momentum in either direction. If the price manages to bounce off this zone, the upside target could reach $151, but in case of a breakdown, the risk of a drop towards the 0.786 level around $70 is worth watching out for.