Site icon WSJ-Crypto

Top Cryptos to Consider as Solana Demonstrates Market Resilience Amid ETF Excitement

Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz

“`html

Reasons to have confidence

Rigorous editorial standards prioritizing precision, relevance, and neutrality

Developed by professionals in the field and thoroughly vetted

The utmost standards in journalism and publishing

Rigorous editorial standards prioritizing precision, relevance, and neutrality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Solana is poised to surge due to strong technical indicators and backing from the ecosystem.

The most significant piece of uplifting news comes from a renowned chart analyst, Ali Martinez. He shared on X (where he boasts over 136K followers) about the monthly $SOL chart, which is shaping a bullish cup and handle pattern.

The ‘cup’ began to form around November 2022, with the handle emerging during the panic sell-off caused by tariffs.

What’s even more promising is that this pattern has taken quite some time to develop—almost 2.5 years. This adds to its bullish significance.

Moreover, it’s noteworthy that $SOL has climbed approximately 38% since the second week of April, demonstrating strong upward momentum.

Continue reading to discover more factors contributing to the bullish sentiment among investors regarding $SOL. We’ll also direct you towards the top crypto to invest to capitalize on the forthcoming bull run.

Solana Tokenized Stocks and ETF Initiative

Additionally, there is a growing movement toward stock tokenization on the Solana blockchain.

The Solana Policy Institute has put forth a proposal titled ‘Project Open’ to the SEC, which seeks approval for the issuance of tradable tokens for stocks.

Larry Fink, CEO of BlackRock, has expressed his support for stock tokenization, believing it could transform the financial markets.

This would facilitate quicker transactions, and billions that are typically caught in settlement delays could be reinfused back into the markets almost instantaneously, 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 favorable news: a Solana exchange-traded fund is also anticipated to be a certainty in the near future. Bloomberg has forecasted a 90% likelihood for $SOL ETF approval in 2025 itself.

Furthermore, the supply of Solana stablecoins has also reached an all-time peak. It hit $11.7B in February 2025 and further surged to $13B by May. Notably, it was only $5B last year.

An increase in supply like this should unlock new opportunities in the Web3 and DeFi domains.

All in all, if you aim to benefit from Solana’s expansion, now is the optimal time to invest. The cryptocurrencies highlighted in this guide, particularly Solaxy, present the highest potential for returns.

1. Solaxy ($SOLX) – Top Crypto to Invest in Right Now on Solana, Exceeding $32M in Presale

Despite Solana having numerous advantages likely driving it to new heights, it will be challenging for the network to achieve its full potential until it resolves its congestion and scalability challenges. Enter Solaxy ($SOLX).

Solaxy is a novel cryptocurrency and one of the very few offering practical application. After all, it intends to create the very first Layer 2 scaling protocol on Solana.

This Solana L2 will offload specific transactions onto a sidechain, which is how it’ll alleviate the pressure on Solana’s mainnet and accelerate the entire blockchain.

Moreover, $SOLX will also decrease the transaction costs on Solana by handling numerous transactions simultaneously, instead of processing them one by one.

Currently, however, one
“““html
$SOLX will merely set you back $0.001714. This is due to the fact that the token is currently in presale, during which it has amassed an astonishing $33M.

If this is your inaugural crypto presale acquisition, be sure to consult our guide on how to acquire Solaxy.

2. Bonk ($BONK) – The Top Dog Meme Coin on Solana

With a market capitalization exceeding $1.5B, Bonk ($BONK) is undoubtedly the largest canine-themed meme coin on Solana. It was also the very first dog coin on the platform.

If you have any doubts regarding the promise of canine cryptocurrencies, just examine the most prosperous meme coins ever. Three of the top five, namely $DOGE, $SHIB, and $BONK, are inspired by ‘man’s best friend.’

Additionally, one of the most remarkable success stories of late, $BROCCOLI, is also a dog-themed token.

Regarding $BONK, its chart indicates that it is currently finding support at the $0.000016 level, which is a former resistance area.

The cryptocurrency has already increased over 50% in the past month and could surge further once $SOL gains momentum. With a low price of $0.0000161p, $BONK is a contender for the best affordable cryptos to acquire now.

3. Fartcoin ($FARTCOIN) – The Loudest and Most Odorous Token on Solana

Conceived as a proposal by the Truth Terminal AI chatbot, Fartcoin ($FARTCOIN) stands out as one of the most entertaining community-centric cryptos available.

It rewards token holders for submitting amusing fart jokes. Additionally, there’s a peculiar ‘Gas Fee’ feature that produces a fart sound every time a transaction is processed.

Understandably, crypto enthusiasts quickly promoted $FARTCOIN; it’s actually one of the top meme coins on the market.

The token has soared over 145% in just the past month or so, and it’s projected to maintain its ascent with great speed once it surpasses the $1.20 resistance mark. You can now acquire it for only $1.09.

Even the Finest Crypto to Purchase Requires the Market’s Assistance

$SOL’s imminent upward surge could indeed pull the top altcoins on its network along with it. However, despite the favorable indicators, there’s truly no certainty in the crypto realm.

The market is unpredictable and rife with fluctuations, which is why it is advisable to invest only an amount you can afford.

Lastly, we encourage you to conduct your own research before investing. Keep in mind, this article is not financial counsel.



Source link
“`

Exit mobile version