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Bitcoin is still down more than 20% for the year, dragging down the rest of the crypto market with it. However, there are some cryptocurrencies capable of beating the odds and soaring much higher. Here's a closer look at three cryptocurrencies with massive upside potential this year.
Bittensor
It's hard to ignore Bittensor (CRYPTO: TAO) as it's the largest AI crypto by market cap. It has become the top choice for crypto investors looking to get exposure to the fast-growing world of AI. For the year, Bittensor is up 47%, giving it a market cap of nearly $3.5 billion.
Bittensor is a Layer 1 blockchain purpose-built for AI, making it different from Ethereum, which encompasses many blockchain projects. The key to valuing Bittensor is understanding the types of AI projects launching within its ecosystem and how these are distinct from existing AI projects.
The easiest way to do this is by consulting a list of the top Bittensor "subnets" to see which are driving the most activity. Currently, the subnet getting the most buzz is Templar (subnet3), used for training large language models (LLMs).
Hyperliquid
Hyperliquid (CRYPTO: HYPE), a decentralized finance (DeFi) token, has been on fire over the past 12 months. It's up more than 40% in 2026 with a market cap of $9 billion, ranking it among the top-dozen cryptocurrencies in the world.
Starting in 2023, Hyperliquid gained a reputation as the top decentralized exchange to trade perpetual futures. Given the associated risks, these "perps" are off-limits to most U.S. investors but are popular in other parts of the world.
Hyperliquid is leveraging its early success to offer more high-risk, high-upside products in high demand by traders. For example, tokenized oil futures allow bets on the future price of oil. With recent events in the Middle East, it's clear why these are popular. Oil futures can now be traded 24/7 using Hyperliquid's blockchain-powered platform.
Stable
If you think stablecoins are boring, think again. Stable (CRYPTO: STABLE) is a new Layer 1 blockchain for stablecoin transactions launched in December. This year, it's up 83%, with a market cap of $550 million, ranking it among the top-75 cryptocurrencies.
The big picture is the rapid growth of the stablecoin market, valued at $300 billion. Treasury Secretary Scott Bessent believes it could grow to $3 trillion by 2030. By investing in Stable, you're tapping into a market with substantial growth potential. Stable is optimized for Tether (CRYPTO: USDT), the largest stablecoin.
As more investors focus on purpose-built blockchains, favoring them over general-purpose ones like Ethereum, it's essential to align with the right investment thesis. TAO represents a bet on AI, HYPE on DeFi, and STABLE on stablecoins. Choose the investment thesis that resonates most.
For many, AI seems the obvious choice, leading to Bittensor's early surge in 2026. As long as demand for AI remains robust, its growth may continue.
This article has been published on fool.com via Yahoo News.
3 Cryptocurrencies With Massive Upside Potential in 2026
These three cryptocurrencies are defying the odds and soaring in value this year.