Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz
Solana is ready to pump thanks to strong technical indicators and ecosystem support.
The biggest piece of positive news comes from a popular chart analyst, Ali Martinez. He took to X (where he has over 136K followers) to share the monthly $SOL chart, which is forming a bullish cup and handle pattern.The cup started forming around November 2022, with the handle coming into existence during the tariff-induced panic sell-off.
Whats even more encouraging is that this pattern has taken a long time to form almost 2.5 years. This makes it a stronger bullish indication.
Its also worth noting that $SOL has risen around 38% since the second week of April, showing good upward momentum.
Read on to find out more reasons why investors are bullish on $SOL. Well also point you towards the best crypto to buy to benefit from the upcoming bull run.
Solana Tokenized Stocks and ETF Push
There has also been an increasing push towards stock tokenization on the Solana blockchain.
The Solana Policy Institute has submitted a proposal called Project Open to the SEC, which seeks approval to issue tradable tokens for stocks.
Larry Fink, BlackRock CEO, has backed the idea of stock tokenization and believes it can revolutionize the financial markets.This would make transactions faster, and billions that are often stuck in settlement delays can be pumped back into the markets almost instantly, generating more wealth over time.
Every stock, every bond, every fundevery assetcan be tokenized. If they are, it will revolutionize investing. Larry Fink
More good news: a Solana exchange-traded fund also looks like a certainty in the near future. Bloomberg has predicted a 90% chance for $SOL ETF approval in 2025 itself.
Furthermore, the Solana stablecoin supply is also at an all-time high. It reached $11.7B in February 2025 and further shot up to $13B by May. Note that it was just $5B last year.
A hike is supply like this should open up new possibilities in the Web3 and DeFi space.
All in all, if you want to ride Solanas growth, this is the best time to invest. The cryptos mentioned in this guide, especially Solaxy, offer the highest potential for returns.
1. Solaxy ($SOLX) Best Crypto to Buy Now on Solana, Boasts over $32M in Presale
Even though Solana has many positives potentially propelling it to new highs, itd be difficult for the network to realize its full potential until it can overcome its congestion and scalability issues. Enter Solaxy ($SOLX).
Solaxy is a new cryptocurrency and one of the very few offering real-world application. After all, it plans to build the very first Layer 2 scaling protocol on Solana.
This Solana L2 will offload some transactions onto a sidechain, which is how itll reduce the burden on Solanas mainnet and speed up the entire blockchain.
Additionally, $SOLX will also reduce the transaction fees on Solana by processing a lot of transactions simultaneously, instead of one by one.
Because it aims to breathe new life into one of the most popular blockchains, its no wonder that Solaxy is expected to surge 11,600% and reach $0.20 by 2030.Currently, however, one $SOLX will only cost you $0.001714. Thats because the token is in presale, where it has raised a staggering $33M.
If this is your first crypto presale purchase, check out our guide on how to buy Solaxy.
2. Bonk ($BONK) Solanas Dog Meme Coin King
With over $1.5B in market capitalization, Bonk ($BONK) is easily the biggest dog-themed meme coin on Solana. It was also the first-ever dog coin on the network.
In case you have any reservations about the potential of dog cryptos, just look at the most successful meme coins of all time. Three out of the top five, i.e., $DOGE, $SHIB, and $BONK, are inspired by a mans best friend.
Whats more, one of the biggest success stories of recent times, $BROCCOLI, is also a dog-themed coin.
Coming to $BONK, its chart suggests that its now taking support at the $0.000016 level, which happens to be a previous resistance zone.
The crypto is already up over 50% in the last month and can rally further once $SOL takes off. Thanks to a low price of $0.0000161p, $BONK is in contention for the best cheap cryptos to buy now.
3. Fartcoin ($FARTCOIN) The Loudest and Stinkiest Token on Solana
Created on a suggestion by the Truth Terminal AI chatbot, Fartcoin ($FARTCOIN) is one of the most amusing community-driven cryptos on the market.
It rewards token holders if they submit hilarious fart jokes. Moreover, theres an uncanny Gas Fee mechanism that emits a fart sound every time a transaction goes through.
Quite naturally, crypto degens were quick to send $FARTCOIN soaring; its, in fact, one of the best meme coins on the market.
The token has jumped over 145% in just the last month or so, and its expected to continue its climb with much velocity once it breaks through the $1.20 resistance level. You can buy it now for just $1.09.
Even the Best Crypto to Buy Needs the Markets Help
$SOLs upcoming upward momentum can indeed drag the best altcoins on its network along with it. However, even though the signs are all there, theres really no guaranteeing anything in crypto.
The market is volatile and full of ups and downs, which is why its recommended you only invest an amount thats small enough for you.
Finally, we urge you to do your own research before investing. Remember, this article isnt financial advice.
Read more: https://www.newsbtc.com/news/best-crypto-to-buy-as-solana-shows-technical-strength-amid-etf-buzz/
Text source: NewsBTC
