XRP has reignited bullish sentiment across the crypto market by surging 20% in the past week, climbing from about $2.08 to a peak near $2.50. This move outperformed many other major cryptocurrencies (with rare exceptions such as Ethereum, which is up by 44%), and has fueled new optimism around an altcoin bull run.
The crypto market’s newfound resurgence comes after a panic-inducing dip that put prices under heavy pressure and temporarily subdued trader confidence. As bullish sentiments keep growing stronger, the total crypto market value has quickly rebounded to around $3.3 trillion.
This rally is supported by favorable events such as the US administration’s robustly pro-crypto stance, and hints that additional spot crypto ETFs could be approved soon.
Both institutional and retail investors are shifting from caution to excitement, as markets prepare for another rally and investors look for projects that can deliver strong growth in the coming months.
With that in mind, we’ve reviewed four high-potential altcoins that stand out based on their fundamentals and community support.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.
Solaxy (SOLX) is the first Layer 2 solution for Solana, and was painstakingly designed to overcome persistent congestion, transaction failures, and scalability bottlenecks.
While Solana is already known for its high-speed capabilities, its rapid growth (especially in meme coin trading) has sometimes pushed the network beyond its limits. Solaxy tackles these issues by taking transactions and intensive computations off-chain and settling them on Solana’s main network, thereby reducing the load on the primary chain.
Because it’s specifically built for Solana, Solaxy aims to improve reliability even at peak usage times. This means fewer failed trades, faster transaction confirmations, and a smoother experience for users minting NFTs, swapping tokens, or engaging in DeFi activities.
Investor appetite has surged recently, as Solaxy’s presale has already surpassed $35 million. One deep-pocketed whale purchased 115 million SOLX tokens valued at around $200,000—a decisive vote of confidence in the project’s long-term potential.
The SOLX token powers Solaxy’s entire Layer 2 network, facilitating transactions and giving holders governance rights to shape the ecosystem’s future.
Currently priced at $0.001722 per token, SOLX will soon see a price hike at the start of its next presale phase. Early buyers can also earn up to a 114% APY when staking their tokens.
BTC Bull Token (BTCBULL) is a new project tapping into Bitcoin’s journey toward and past the $250,000 mark. As Bitcoin’s price approaches new all-time highs, BTCBULL will give regular investors a chance to derive even greater benefits from its uptrend.
The project features a milestone-based airdrop system—so BTCBULL holders will automatically qualify for Bitcoin rewards when BTC surpasses specific price targets (like $150,000 and $200,000) for the very first time. A BTCBULL token airdrop will follow when Bitcoin hits $250,000—and there could be more rewards to come, as famous Bitcoin proponents like Michael Saylor expect Bitcoin’s price to vastly exceed that six-figure target.
BTCBULL also has a built-in burn mechanism that will further improve the token’s long-term prospects. When Bitcoin’s bull run sees the asset pass $125,000, $175,000, and $225,000, a pre-programmed amount of BTCBULL tokens will be removed from circulation.
The BTC Bull Token presale has already raised over $5.6 million in funds, suggesting the market sees potential in BTCBULL’s unique approach. Holders can also stake their tokens at a 73% dynamic APY.
Although BTCBULL’s price is just $0.00251 during its ongoing presale stage, this figure will increase as the tokens keep selling out and new sale phases begin.
Given the hype around Bitcoin’s next possible major rally (which could arrive sooner rather than later, if institutional investments accelerate), BTCBULL’s future looks remarkably encouraging.
Ethereum remains the world’s largest altcoin by market capitalization, and continues to be the go-to blockchain for developers building decentralized applications (dApps). Although it launched back in 2015, Ethereum is constantly evolving—with new developments guided by the work of the project’s widely respected founder, Vitalik Buterin.
The network’s most recent “Pectra” upgrade introduced improved scalability features and expanded the maximum stake limit for validators, which might attract more institutions to the Ethereum staking ecosystem.
ETH’s recent price action has also been favorable: after hovering near $1,800, ETH rocketed to around $2,600 within days, posting a roughly 45% gain in early May.
Ethereum’s native crypto is now holding on to most of those gains, with support protected near $2,500. ETH also appears to be finding strong support above its 200-day moving average—a widely-watched indicator among technical analysts.
Regulatory sentiment around Ethereum is also turning positive. The SEC’s new leadership team (including crypto advocates like Paul Atkins and Hester Peirce) have spurred speculation that Ethereum-based ETF proposals could be fast-tracked for approval, following a series of statements clearly supporting the Web3 space.
Considering Ethereum’s utility (providing the foundations of countless DeFi, NFT, and ERC-20 token projects), it’s almost guaranteed to play a dominant role in any upcoming bull runs.
Initially launched in 2019 by a team of Stanford University alumni, Pi Network brings cryptocurrency access to everyday users through an easy-to-use mobile mining app. By removing the need for energy-intensive hardware (which is typically required to mine Bitcoin and other cryptos), nearly 40 million people had been active on the Pi Network before its PI coin debuted on the open market.
Soon after its February launch, PI’s price spiked by almost 29x before falling by as much as 86% in March. After this precipitous retracement, PI began consolidating until the team announced on May 8 that another announcement would be made on May 14. This “announcing an announcement” marketing strategy is a common but reliable one in the crypto space—and with a couple of days left to go, the original announcement post has over 1.1 million views on X.
Since last Thursday, PI’s token price has increased by up to 187%, and its market cap has risen back above $8 billion.
Major exchanges such as OKX, Bitget, HTX and BitMart rushed to list PI when it first launched, due to massive community demand—and now that it’s demonstrated staying power, PI could also see more listings on higher-profile exchanges like Binance. If PI can pass the leading exchange’s due diligence process, the stage would then be set for a game-changing level of fresh buying interest.
As long as the broader market keeps up its current pace, PI should be in a solid position to ride the next crypto wave.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
XRP, the native token of Ripple’s global payments blockchain, is spiking once again as the crypto market recovers. The token is up 19% over the past week and is currently trading just above $2.5. The gains come as Bitcoin has soared past $100,000 once again and global macroeconomic conditions are looking more positive than they […]
The cryptocurrency market is continuing its bull phase, with the meme coin sector capturing significant investor attention and liquidity. Meme coins have collectively reached a market capitalization of approximately $70 billion, accompanied by a 24-hour trading volume exceeding $20 billion. This renewed interest is fueled by the success of coins like Pepe (PEPE) and dogwifhat […]
History might be repeating itself in the crypto market. A well-known trader on X (Twitter) spotted that the Dogecoin and Bitcoin charts are showing the same bullish setup that sent DOGE soaring 30,000% in 2021. Could we be on the brink of another price explosion? This publication is sponsored. CryptoDnes does not endorse and is […]
Bitcoin’s rally above $100,000 has everyone’s attention, but the real action might be happening elsewhere in the market. Talk of an “altcoin season” is growing louder as forgotten tokens suddenly spring back to life. For those looking beyond Bitcoin, here are five of the best altcoins to buy now – all of which could post […]