Best Crypto to Buy Now as Positive Sentiment Returns to the Market

The cryptocurrency market is finding its legs right now. Bitcoin is hovering between $84K and $85K, and Ethereum has started the week in the green.

And with altcoins such as Solana and XRP reclaiming key levels on the weekend, things are looking up.

But what are the best crypto to buy now to maximize gains as prices climb? We dissected use cases and current market conditions to identify the three most promising opportunities. Read on for our top picks.

Solaxy

As mentioned, Solana has been a top gainer this week, up 29%. This has well outpaced every other top ten cryptocurrency, reflecting strong market appeal.

With that, there’s an air of excitement in the Solana ecosystem right now, causing several tokens such as Fartcoin and Raydium to deliver significantly huge gains.

But another project that could outperform $SOL in the coming months is Solaxy.

It’s building the world’s first Solana layer 2 blockchain to tackle the network’s congestion issue. It’ll use off-chain computation and transaction bundling technology to make things cheaper, faster, and more scalable.

It’s a setup that could unlock new levels of adoption and use cases for Solana, creating billions of dollars in new value.

Currently, $SOLX is undergoing a presale and has raised $29.9 million so far. This makes it the biggest Solana ICO ever.

The Solaxy presale demand reflects considerable investor interest, which hints that this could be a top performer once it hits exchanges.

Pepe

The major headline today is that the Mantra price has crashed. Mantra is a real-world assets (RWA) protocol focused on regulatory compliance and onboarding institutional players to crypto. However, its price plunged 90% yesterday amidst a suspected insider rug-pull.

It’s another blow to the crypto industry, especially the RWA sector, which is crypto’s most professional arm.

With that, some investors may now recalibrate their focus and turn to the category that does what it says on the tin: meme coins. And within the meme coin sector, Pepe coin is showing strength today. It’s up 2.5%, outperforming every other meme coin in the top ten.

Meme coin analyst Murad has long stated that the crypto market is entirely speculative, and meme coins are the purest representation of that.

The Mantra crash could wake some investors up to this, providing a solid narrative for Pepe and other meme coins to rise in the weeks ahead.

Chainlink

Old cryptocurrencies could also be a smart investment after the Mantra crash. Mantra launched relatively late into the last market cycle and flew under the radar until 2024. Only in the past six months did Mantra truly take center stage.

Meanwhile, cryptos that have been around for multiple cycles could have a far lower risk of a deep selloff.

One example is Chainlink. Like Mantra, it’s a project within connections to the RWA space, but it has been around since 2017.

The project provides decentralized data feeds to deliver off-chain data on-chain. These data feeds can stem from other blockchains or even the real world.

Providing price data is a core utility of Chainlink, positioning it at the forefront of the RWA sector. The project has partnered with Fidelity, Sygnum, DTCC, and many more top TradFi players.

While making a real-world impact, Chainlink’s multi-cycle track record adds to its credibility and trust. This is a crucial consideration given the recent Mantra saga.