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Bitcoin cooled off on Tuesday after a strong weekend surge that pushed its price to highs of $122,000. However, currently trading at $118,000, the market-leading asset remains at a 3.8% premium over the past week, and the altcoin market also looks solid.
Ethereum is trading at $4,300, up 1% in the past day, and it’s just a hair away from its highest price since 2021.
Although some cryptos are experiencing a short-term dip after the weekend pump, this is nothing unusual. Seasoned traders understand that the bull market is still intact, institutional adoption continues to increase, and the current macroeconomic environment favors scarce, borderless digital assets above almost everything else. With that, the current dip could be a timely opportunity to go shopping.
And when it comes to the best crypto to buy now, we’ve narrowed it down to Bitcoin Hyper, XRP, Solana, and Dogecoin. Each project has a unique set of features that position it for significant gains in the months ahead. Here’s a closer look at each and why they have explosive potential:
Bitcoin Hyper
Bitcoin Hyper is a trending presale project aimed at overcoming Bitcoin’s speed and functionality limitations. It’s developing a Bitcoin layer 2 blockchain using Solana Virtual Machine (SVM) tools and ZK rollups.
By utilizing SVM, Bitcoin Hyper is bringing Solana-like speeds to Bitcoin’s security, combining the best of both worlds. This also means Solana developers can easily port their apps to Bitcoin Hyper to harness Bitcoin’s security and liquidity.
For reference, Bitcoin’s market cap is over 23 times larger than Solana’s, thereby creating a strong incentive for developers to make the jump. As a result, many top Solana apps might soon migrate to Bitcoin Hyper, helping establish a robust ecosystem.
And so unsurprisingly, the Bitcoin Hyper presale is rapidly gaining momentum, with $8.6 million raised and over $300,000 in daily inflows.
For a newly launched project, such investor eagerness is rare and something that signals massive upside potential. Visit Bitcoin Hyper.
XRP
XRP is a cross-border payment currency designed to replace or operate alongside the SWIFT payment network.
Some estimates suggest that SWIFT processes over $20 trillion in daily transactions, which XRP supporters believe could lead to significant price growth if the project successfully gains market share.
XRP offers advantages over SWIFT, including faster speeds and settlements, lower costs, and transaction auditability.
And with the Ripple Labs (XRP’s creator) vs. SEC lawsuit wrapping up last week, community members feel that this is the time for XRP to gain real momentum. Now, US-based institutions can freely interact with XRP and the XRP Ledger, and that means the coming months could be pivotal.
If the project secures major partnerships in the US, it’ll become clearer that XRP could truly rival SWIFT. Should that happen, investor hype and FOMO will kick in, and the XRP price could explode.
Solana
While XRP is a cryptocurrency focused on institutions and banks, Solana is a blockchain designed for everyone. Its low-cost transactions, fast speeds, and seamless user experience ensure that no one is priced out, making all types of financial activity possible.
From meme coin trading to asset tokenization, Solana is quietly proving itself as the Swiss Army knife of blockchains. However, things are about to get even more exciting with the project planning to launch its Firedancer upgrade in Q4 of 2025.
Introducing Firedancer’s latest technical milestone: fd_quic 🔥💃
A high-performance implementation of the QUIC and Solana transaction ingest network protocols.
1/15 pic.twitter.com/N10k1XQcQ1
— Firedancer 🔥💃🏻 (@jump_firedancer) May 4, 2023
This isn’t just a typical network upgrade; it’s a complete overhaul of Solana’s transactional capabilities. Its testing phase has shown the capacity to compute millions of transactions per second, and it has reduced transaction latency by 300%.
Firedancer could be a turning point in Solana’s journey, expanding its potential use cases and solidifying its position as the preferred blockchain for those needing fast, affordable, and seamless transaction throughput. This creates an exciting outlook for $SOL, indicating that the coming months could see huge hype and utility-driven gains.
Dogecoin
As the oldest and most liquid meme coin, Dogecoin holds a unique position in the joke token sector. Its appeal ranges from seasoned crypto veterans to industry newcomers, and even institutional investors.
There are four Dogecoin ETF applications pending approval with the SEC, and if successful, they could serve as a powerful proxy for Wall Street to gain exposure to the meme coin sector.
Meme coins are known for their explosive gains, especially during bullish market conditions, but institutional investors are mostly left out.
If the Dogecoin’s spot ETFs are approved by the initial October 2025 deadline, we might see strong inflows – as well as hype-driven momentum – help skyrocket the $DOGE price in the final months of this year.
Adding to that, the possibility of Elon Musk returning to his pro-Dogecoin rhetoric, or the project’s developers announcing new upgrades or integrations, gives Dogecoin potential for even more gains, especially with the wider bull market momentum behind it.
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