Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz
By: bitcoin ethereum news|2025/05/04 23:45:48
0
Share
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana is ready to pump thanks to strong technical indicators and ecosystem support. The ‘cup’ started forming around November 2022, with the handle coming into existence during the tariff-induced panic sell-off. What’s even more encouraging is that this pattern has taken a long time to form – almost 2.5 years. This makes it a stronger bullish indication. It’s also worth noting that $SOL has risen around 38% since the second week of April, showing good upward momentum. Read on to find out more reasons why investors are bullish on $SOL. We’ll also point you towards the best crypto to buy to benefit from the upcoming bull run. Solana Tokenized Stocks and ETF Push There has also been an increasing push towards stock tokenization on the Solana blockchain. The Solana Policy Institute has submitted a proposal called ‘Project Open’ to the SEC, which seeks approval to issue tradable tokens for stocks. Larry Fink, BlackRock CEO, has backed the idea of stock tokenization and believes it can revolutionize the financial markets. This would make transactions faster, and billions that are often stuck in settlement delays can be pumped back into the markets almost instantly, generating more wealth over time. Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing. – Larry Fink More good news: a Solana exchange-traded fund also looks like a certainty in the near future. Bloomberg has predicted a 90% chance for $SOL ETF approval in 2025 itself. Furthermore, the Solana stablecoin supply is also at an all-time high. It reached $11.7B in February 2025 and further shot up to $13B by May. Note that it was just $5B last year. A hike is supply like this should open up new possibilities in the Web3 and DeFi space. All in all, if you want to ride Solana’s growth, this is the best time to invest. The cryptos mentioned in this guide, especially Solaxy, offer the highest potential for returns. 1. Solaxy ($SOLX) – Best Crypto to Buy Now on Solana, Boasts over $32M in Presale Even though Solana has many positives potentially propelling it to new highs, it’d be difficult for the network to realize its full potential until it can overcome its congestion and scalability issues. Enter Solaxy ($SOLX) . Solaxy is a new cryptocurrency and one of the very few offering real-world application. After all, it plans to build the very first Layer 2 scaling protocol on Solana. This Solana L2 will offload some transactions onto a sidechain, which is how it’ll reduce the burden on Solana’s mainnet and speed up the entire blockchain. Additionally, $SOLX will also reduce the transaction fees on Solana by processing a lot of transactions simultaneously, instead of one by one. Currently, however, one $SOLX will only cost you $0.001714. That’s because the token is in presale, where it has raised a staggering $33M. If this is your first crypto presale purchase, check out our guide on how to buy Solaxy. 2. Bonk ($BONK) – Solana’s Dog Meme Coin King With over $1.5B in market capitalization, Bonk ($BONK) is easily the biggest dog-themed meme coin on Solana. It was also the first-ever dog coin on the network. In case you have any reservations about the potential of dog cryptos, just look at the most successful meme coins of all time. Three out of the top five, i.e., $DOGE, $SHIB, and $BONK, are inspired by ‘a man’s best friend.’ What’s more, one of the biggest success stories of recent times, $BROCCOLI, is also a dog-themed coin. Coming to $BONK, its chart suggests that it’s now taking support at the $0.000016 level, which happens to be a previous resistance zone. The crypto is already up over 50% in the last month and can rally further once $SOL takes off. Thanks to a low price of $0.0000161p, $BONK is in contention for the best cheap cryptos to buy now. 3. Fartcoin ($FARTCOIN) – The Loudest and Stinkiest Token on Solana Created on a suggestion by the Truth Terminal AI chatbot, Fartcoin ($FARTCOIN) is one of the most amusing community-driven cryptos on the market. It rewards token holders if they submit hilarious fart jokes. Moreover, there’s an uncanny ‘Gas Fee’ mechanism that emits a fart sound every time a transaction goes through. Quite naturally, crypto degens were quick to send $FARTCOIN soaring; it’s, in fact, one of the best meme coins on the market. The token has jumped over 145% in just the last month or so, and it’s expected to continue its climb with much velocity once it breaks through the $1.20 resistance level. You can buy it now for just $1.09. Even the Best Crypto to Buy Needs the Market’s Help $SOL’s upcoming upward momentum can indeed drag the best altcoins on its network along with it. However, even though the signs are all there, there’s really no guaranteeing anything in crypto. The market is volatile and full of ups and downs, which is why it’s recommended you only invest an amount that’s small enough for you. Finally, we urge you to do your own research before investing. Remember, this article isn’t financial advice. Source: https://www.newsbtc.com/news/best-crypto-to-buy-as-solana-shows-technical-strength-amid-etf-buzz/
You may also like

Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Jane Street's reputation has continued to suffer in recent years

Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
1. Top News: Major Cryptocurrencies, Including Bitcoin, Surge; Jane Street Halts "10 AM Dump" After Lawsuit
2. Token Unlock: $MIRA, $SAHARA, $HUMA, $BLAST, $ALOT

How was the Backpack staking token swap established?
Backpack is taking a path of unvalidated transactions, requiring a delicate balance between regulators, equity holders, and token stakers.

Can You Still Launch a VC Firm Today?
Put Your Reputation on the Line, Find a Clear Edge, Win a Few Key Trades, and Stay in It for the Long Haul

Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
What Was Trending for Foreigners in the Last 24 Hours?

Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
After a large bet on Meteora on Polymarket, the price of MET rose instead of falling within an hour.
WEEX AI Hackathon: $8B Traded, Real AI Strategies Proven
How profitable is AI trading in real crypto markets? WEEX's $1.88M global AI hackathon reveals $8B volume, 227% ROI, API strategy data, and why only 8 of 37 traders made profit.

Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…

Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…

Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…

The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.
The original idea was to combine a bank-licensed compliant entity with an underlying clearing network built over three years by a Silicon Valley giant, to enable seamless payments for everything you can imagine

February 25th Market Key Insights, How Much Did You Miss Out?
1. On-Chain Funds: $32M inflow to Ethereum this week; $54.9M outflow from Arbitrum
2. Largest Price Swings: $SN115, $RAVE
3. Top News: Tonight's Circle and NVIDIA earnings reports, AI narrative's impact on crypto market sentiment under scrutiny

Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law
In the world of crypto, the first lesson you learn is the importance of "HODLing" on.

IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi
As DeFi matures and grows more complex, the Curator is becoming a key intermediary connecting risk and users.

DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC
DDC Enterprise Limited has today announced the additional purchase of 50 bitcoins, increasing its total bitcoin holdings to 2,118 bitcoins. This latest acquisition marks DDC's seventh consecutive week of executing its bitcoin accumulation plan. Based on its current holdings, DDC is ranked 34th in the global publicly traded companies bitcoin holdings list.

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.

How Can Agentic Commerce Empower AI to Start Making Money?
The first wave of moneymaking AIs has arrived, which projects are worth paying attention to

February Correction: Is the Crypto Market Bottoming Out?
Based on historical experience, the most intense phase of this downturn may be about to end.
Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Jane Street's reputation has continued to suffer in recent years
Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
1. Top News: Major Cryptocurrencies, Including Bitcoin, Surge; Jane Street Halts "10 AM Dump" After Lawsuit
2. Token Unlock: $MIRA, $SAHARA, $HUMA, $BLAST, $ALOT
How was the Backpack staking token swap established?
Backpack is taking a path of unvalidated transactions, requiring a delicate balance between regulators, equity holders, and token stakers.
Can You Still Launch a VC Firm Today?
Put Your Reputation on the Line, Find a Clear Edge, Win a Few Key Trades, and Stay in It for the Long Haul
Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
What Was Trending for Foreigners in the Last 24 Hours?
Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
After a large bet on Meteora on Polymarket, the price of MET rose instead of falling within an hour.