Undervalued Altcoins Kaspa, Solana, and Hyperliquid Surge Amid Bitcoin Rally

The cryptocurrency market is experiencing significant shifts in capital allocation as investors turn their attention to undervalued altcoins. The recent rally exceeding 20% in Bitcoin has prompted traders to reassess projects showing notable divergences between infrastructure development and current valuations across exchanges.

Kaspa (KAS) stands out with a price of $0.0282, sitting 87% below its all-time high of $0.20741 recorded on August 1, 2024. Recent network upgrades and the progressive completion of its supply emission curve are key technical catalysts for KAS, which could trade within a $0.035 to $0.045 range under constructive liquidity conditions.

Solana (SOL), priced at $98.50 after a 30.80% weekly gain, is another asset gaining attention. The expansion of tokenized real-world assets across its ecosystem has led to transactional activity reaching a monthly volume of $4.2 billion in July 2026, a 13.5% month-over-month increase.

Hyperliquid (HYPE) hit a new all-time high of $83.27 on August 23, 2026, accumulating a 40% rally over the past seven days. The platform's integration into the U.S. regulatory framework has triggered interest in HYPE, with analysts projecting that if trading volumes hold, the asset could target valuations between $100 and $150.