The $2.8 trillion crypto market has dipped just over 3% in the past 24 hours, as Bitcoin ($BTC) struggles to reclaim $85,000.
The leading cryptocurrency, with a $1.6 trillion market cap, is down 1% overnight to $82,350 and remains stuck nearly 50% below its projected 2025 target of $160,000.
Despite mounting expectations for the Trump administration to introduce clear crypto regulations, concerns over aggressive trade tariffs have kept investor sentiment cautious.
Still, periods of relative market stagnation often present prime buying opportunities. Here are five standout cryptos worth considering before the next rally.
Solaxy ($SOLX): Revolutionizing Solana with Layer 2 Advancements
Solaxy ($SOLX) is pioneering innovation within the Solana ecosystem by introducing an advanced Layer 2 scaling solution aimed at optimizing transaction throughput, reducing costs, and mitigating network congestion.
By leveraging concepts inspired by Ethereum’s Layer 2 upgrades, Solaxy merges familiarity with groundbreaking enhancements, positioning itself as a strong contender for investment.
Notable Benefits:
First Layer 2 solution engineered to enhance Solana’s scalability Significantly slashes transaction costs while boosting performance Seamless cross-chain integration with Ethereum to improve liquidity Fixed presale price of $0.001666 per token currently, with nominal fixed rises throughout the presale.Additionally, if a Solana-based spot ETF secures approval, the adoption of Solaxy could surge dramatically. Given Ethereum’s success in driving institutional investment through ETFs, Solana is expected to follow a similar trajectory—potentially amplifying Solaxy’s market presence.
With over $26.8 million already raised in early funding rounds and staking rewards reaching an impressive 152% annually, Solaxy ($SOLX) emerges as a highly attractive investment opportunity.
Solana: On the path to worldwide crypto adoption in 2025
Solana ($SOL) is the market-leading Ethereum killer.
Since launching in March 2020, Solana has amassed a staggering market capitalization of $62.8 billion and that figure is expected to swell once the SEC greenlights spot Solana ETFs.
ETFs are regulated investment vehicles that allow conventional investors from the world of traditional finance to hold Bitcoin through a fund that anyone can buy shares of.
ETFs have so far been approved for Bitcoin and Ethereum, the latter of which sets an important precedent for Solana’s application, given the fact that Solana is its chief rival in the world of smart contract-based Decentralized Finance (DeFi).
Benefits:
Strong potential for ETF adoption this year bolsters adoption prospects The biggest Ethereum killer on the market Touted as a potential candidate for the US Strategic Bitcoin ReserveProspective investors are lucky enough to have caught Solana during a prolonged dip. In January, prices were as high as $260, but a sharp steady sell-off amidst global geopolitical and macroeconomic concerns has Solana now trading about 50% off that.
Solana’s relative strength index is 34 and falling which indicates the asset is close to being oversold. This makes now an opportune time to buy in, before further buying pressure gives Solana recovery rally.
XRP: the leader in crypto payments
Ripple’s $XRP is another strong project in crypto’s drive for greater global adoption. The UN recently recognized $XRP’s role in a potential open, regulated and global cashless payments service.
This came after Donald Trump himself suggested $XRP was a potential addition to the US’s Strategic Crypto Reserve.
In fact one Maximilian Staudinger recently wrote a proposal for the SEC to consider using $XRP to unlock $1.5 trillion trapped in US Nostro accounts, which hold prefunded deposits used to facilitate cross-border payments, $XRP’s specialty.
Key features:
Facilitates fast cross-border payments Touted as a potential hold-only digital asset in the US’s Strategic Crypto Reserve Recommended by the UNDespite the general decline in the last three months in line with Bitcoin’s performance, $XRP still proves to be one of the more robust. It had trouble breaching the $3 mark but support remains consistent at $2.
A falling relative strength index of 34 suggests this asset is wrapping up a recent sell-off, after shedding 3% in the last 24 hours to trade at $2.24.
Cardano is one to watch
Finally onto Cardano’s $ADA. Trump also mentioned Cardano as a potential US Reserve coin. With a market cap of $25.2 billion, it’s eyeing Solana’s place as the leading Ethereum killer. Although it has a lot of work to do to catch up.
Cardano founder and CEO Charles Hoskinson was originally a founding member of Ethereum, but the team removed him from the project after differences of opinion over whether the they would run Ethereum for profit or not.
Hoskinson was in favour of the former idea, but after his removal from the team in 2014, he quickly built the scalable Ethereum alternative Cardano.
Key features:
More transparent team than Solana, with experience going back to Ethereum A potential candidate for the US Strategic Crypto Reserve’s stockpile Strong support and relatively stable compared to Solana recentlyStill, Cardano’s recent price performance shows consistent support at $0.70 and as equally consistent resistance at $1.10, which locks it in as a relatively stable cryptocurrency over the period in question.
Cardano took the heaviest intraday losses of our selections so far, shedding 4.4% in the last 24 hours, but optimistic dip buyers will look past the red to see a coin trading at a discount right now.
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