Bitcoin’s price broke past a two-month high as the US-China trade war eased. Ethereum followed suit with a 13% gain and the trend is looking more promising for an altcoin season. With Bitcoin paving the way, analysts are already pointing fingers at altcoins like Cardano and Solana as the best cryptos to buy now.
Then, there’s the surprising dark horse, a new XRP rival that is shaping up to be the cream of the crop. The new PayFi altcoin is currently in presale with a whopping $14.5+ million raise. So, let’s take a closer look at why they might be the best cryptos to buy now.
Cardano soars 16% as ADA targets $7 amid ETF hype
Source: Coinmarketcap
Cardano’s research-based Ouroborus network has continued to live up to its ingenious foundation. Just this week, the network extended beyond its DeFi reach with a partnership with EMURGO as part of its gold tokenization plans on Kinka Gold. Institutions have been betting heavily on Cardano as the odds for ETF approval soar to 60%.
Bloomberg analyst Eric Balchunas also acknowledged the importance of the ETF hype in putting an altcoin in the institutional cynosure. Another reason for the market optimism for ADA is the recent uptick in on-chain metrics. Whale addresses holding between 100,000 and 100 million ADA have added over 400 million tokens since April 14. Analysts are setting bold targets crypto strategist Jad Mubaslat foresees a 10x leap to $7 by 2025.
Solana: ETF launch and Corporate adoption push SOL higher.
Since Trump resumed office, Solana has been showing signs of strength. Like Cardano, Solana‘s inclusion in the US Crypto Reserve opened floodgates of institutional interest. Just last week, Solana got another spot ETF in Canada led by asset managers 3iQ, Purpose and CI.
Corporate organizations are jumping on board. Galaxy Digital, led by Mike Novogratz, just swapped $100M worth of ETH for Solana. Big moves like this are indisputable signals that Solana may very well dominate the altcoin season as the best crypto to buy now.
Source: Coinmarketcap
Up 36% from its recent lows, the token is now trading around $152 and aiming for $180 a level last touched just over a month ago. While there’s a big resistance at $175, a push beyond $200 is inevitable.
Remittix drives interest in the PayFi market and rivals XRP with a regulatory-compliant API solution.
Cross-border solutions and the PayFi market garnered attention thanks to the SEC controversies and political interests around XRP. While XRP’s role in financial institutions is well-established, Remittix is seizing the opportunity to focus on the everyday user small businesses, freelancers and entrepreneurs offering them a more practical, regulatory-compliant and low-cost alternative.
Remittix is the lasting fix to the frustrating high cost and long settlement periods that mired traditional cross-border remittance all with its decentralized crypto-to-fiat network and API solution. The protocol’s well-thought-through regulatory-compliant PayFi protocol positions it as the natural evolution of XRP’s initial vision, a reimagined XRP.
Like XRP, Remittix has proven to be a colossal success. While the general crypto market fell into despair, Remittix’s presale raised over $14.5 million, up from just $4 million in January. Experts believe its potential to reinvent the $190 trillion payment market makes it one of the best cryptos to buy now.
Conclusion: What is the best crypto to buy now?
Utility tokens are undoubtedly the golden standard for investment. But what’s even more exciting is getting in on a promising utility token at rock bottom. Solana was just a little over 60 cents in 2020 and so was Cardano.
While they still hold big potential, Remittix remains the biggest gold mine of opportunity. Its ongoing presale is still at a fraction of a penny, just $0.0757. It gets more interesting, presale investors get staking yield as well as a cut of the $250,000 giveaway.
Discover the future of PayFi with Remittix by checking out their presale here:
Socials: https://linktr.ee/remittix
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