Why is Crypto Going Up? Best Altcoins to Buy Today

With virtually all crypto going up today, knowing which altcoins to buy can make the difference between staying poor and becoming the next ‘crypto dude.’ To put it bluntly, Bitcoin’s price surged to $104K, leading to MARA Holdings (MARA), a Bitcoin mining company, bagging an impressive $214M in raw revenue, with the rest of the cryptocurrencies following closely. The sustained rally hit the crypto market like a sledgehammer, liquidating a total of $917M in shorts, with close to $400M in Bitcoin only. Coinglass displayed the 24-hour carnage in full NSFW-red, and the bulls couldn’t be any happier about it. As bears weep, the market is in full bull swing, with Bitcoin trading at $103,750 at the time of writing this article. New cryptocurrency projects like SUBBD Token ($SUBBD) and Solaxy ($SOLX) are expected to surge as a result. Crypto Going Up as Mass Investments Boost $BTC and Trigger the Hunt for the Next Altcoins to Buy Bitcoin’s chart performance is undoubtedly linked to the avalanche of recent investments, with Michael Saylor’s Strategy comfortably leading the pack. Strategy’s latest purchase amounted to 1,895 $BTC for the acquisition price of $95,167 and an investment value of $180M. This came a little over a week after the company acquired over 15K $BTC for a staggering bag of $1.4B. But today’s winner is MARA, as the company reported a 30% increase in revenue in Q1 2025, compared to Q1 2024. MARA’s Shareholder Letter highlights multiple important achievements over the last year, such as: Revenue increased from $165.2M in Q1 2024 to $213.3M in Q1 2025, for a total boost of 30% $BTC mining costs decreased by 25% from $38.1 per petahash per day in Q1 2024 to $28.5 in Q1 2025 Net income loss decreased by 258% to $533.4M ($1.55 per diluted share) in Q1 2025, compared to $337.2M ($1.26 per diluted share) in Q1 2024 Mined 2,286 $BTC during Q1, 2025, increasing its total Bitcoin holdings to 47,531 MARA’s Bitcoin acquisitions tell an even more compelling story, as the company’s $BTC holdings saw an increase of 175% from Q1, 2024, when they stood at 17,320. The moral of the story is that Bitcoin simply can’t disappoint and, like always, it’s dragging the whole crypto market with it. Here’s some green to prove it. To put it simply, we may have entered the altcoin season, with the best altcoins experiencing supported growth as Bitcoin pushes into new heights. Let’s be honest, you know it’s real when $ETH is leading the pack with a 23% growth. Naturally, it’s not only $ETH that piques our interest. Here are three of the most promising new crypto projects to keep an eye on. 1. SUBBD Token ($SUBBD) – AI-Driven Creator Platform Offering Easier Content Management SUBBD Token ($SUBBD) is an innovative creator-oriented platform that relies on AI-driven tools to streamline the content creation process. The project aims to solve several problems within the content creation sphere, like the disconnect between the fans and their creators and the excessive workload that creators need to manage. The SUBBD platform addresses these problems with the help of tools like the AI Personal Assistant, which manages the post-production process, and the AI Creator, allowing you to create and monetize virtual content creators. The project has already onboarded the top 1% of creators on the market and racks an impressive 250+M following. You can join the presale today before it takes off, as it’s already accumulated over $356K with a token price of $0.05535. Check our ‘how to buy $SUBBD’ guide and read our price prediction to understand the project’s long-term potential. 2. Solaxy ($SOLX) – Solana’s Layer-2 Upgrade Promises Lower Fees and Faster Transactions Solaxy ($SOLX) is Solana’s Layer-2 update, promising an extensive makeover of the blockchain’s ecosystem. Solana is currently facing several problems that impact its performance and overall reputation, such as high fees, slow transaction speeds, and network congestion. Solaxy’s off-chain execution and infinite trading scalability aim to resolve these problems in stages, as the project undergoes incremental updates. The latest update took place on May 6, and delivered improved node syncing speed, higher network stability, and better UI stability. Solaxy is one of the most popular new meme coins on presale with measurable utility, and the presale numbers speak volumes in this sense. The project has accumulated over $34M since its inception, with $SOLX valued at $0.001718. Solaxy currently offers staking rewards of up to 117% APY, so if you want to join the presale, check out our ‘how to buy $SOLX’ guide today. You can also read our price prediction for Solaxy to understand the project’s market potential. 3. Pepe ($PEPE) – The King Meme Coin Sprinting Up the Charts We all know and love Pepe ($PEPE), and we love it even more when looking at its chart performance. $PEPE is currently up 45% over the last seven days and 38% over the past 24 hours, and it doesn’t seem to want to slow down. As a pure and one of the best meme coins, Pepe holds no intrinsic value, but dominates the meme market nonetheless. The project stealth-launched in April 2023, and experienced two bull runs so far: one immediately after launch and the other between November 2024 and February 2025. Pepe has flatlined between February and May of this year, but it now exhibits bullish pressure, forcing its market cap up by 39.41% over the past week. Without snorting any FOMO, the data could show that we’re looking at a third bull run in the making. Crypto is Going Up – Are You Ready? Bitcoin is currently consolidating its position around $103K, while the entire crypto market is slowly injecting bull juice into its veins at a 3.7% concentration, according to CoinGecko’s chart. This, combined with Binance’s 73 points of greed on the Fear and Greed Index, sends a strong ‘buy’ signal. So if you want to grab onto Bitcoin’s coattails, you could do worse than look at the likes of Solaxy ($SOLX) and SUBBD Token ($SUBBD). However, don’t take this as financial advice. Always DYOR (Do Your Own Research) before investing, knowing that the crypto market remains moody and volatile, no matter how stable it may seem today. Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers. Source: https://bitcoinist.com/why-is-crypto-going-up-today-best-altcoins-to-buy/