The crypto market is heading toward a bullish breakout as a series of top altcoins show varying degrees of rebounding trajectory. Solana, for instance, has firmly secured support above $220, with analysts predicting a $500 reach in the coming months. Similarly, BNB could see a bullish breakout as the latest token burn mechanism takes effect. Notably, investors are buying the Elluminex (ELX) presale, an asset that harbors strong blue-chip potential with its revolutionary utility offering on the TON Network.

Crypto markets are experiencing a new wave of excitement. The most pro-crypto administration in US politics is making big moves. Doge is once again in the news, this time thanks to its long-standing backer Elon Musk. At the same time, TON is taking steps to conquer the US market. Moreover, one of its ecosystem tokens, Elluminex promises to supercharge the network.

Seeing the revitalization in the meme coin space in the past few weeks following the commencement of Trump’s crypto administration, it's rather safe to say that meme coins are here to stay after all. Although there has been a shift in focus from legacy meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) to more trending ones, there is still an increasing sensationalization across the board.

As the broader market regains some bullish momentum, top cryptocurrencies like Tron (TRX) and Solana (SOL) are showing signs of recovery. However, this may not necessarily translate to bullish momentum for these top altcoins, especially as most are seemingly trapped within a resistance zone.