The crypto market is finally showing signs of life after a brutal stretch of fear and uncertainty. With sentiment slowly shifting back to neutral and the overall market cap pushing toward the $3 trillion mark, optimism is beginning to build among investors.
A potential breakout above $3 trillion could pave the way for an even larger move toward $3.7 trillion, fueling excitement across the board. Investors are increasingly positioning themselves early, hoping to capitalize on the next wave of market expansion.
Amid this renewed momentum, this article covers five of the best cryptos to buy, standing out with strong performances, impressive upgrades, and bullish on-chain data — setting the stage for what could be a powerful next phase of the cycle.
Ethereum (ETH)
Ethereum is showing strong signs of recovery and momentum as the broader crypto market rebounds from recent lows. After experiencing a sharp decline to around $1,400, $ETH has climbed back, posting a 11% gain over the past week.
Upgrades aimed at improving Ethereum’s efficiency, scalability, and staking protocol are driving optimism among investors. Significant on-chain data also highlights a surge in Ethereum accumulation, particularly in preparation for the anticipated May 7 upgrade.
The buying activity includes large investors, often referred to as whales, suggesting confidence in Ethereum’s future performance. Some market indicators, like the trend wave signal, have recently flashed a “buy,” further reinforcing bullish sentiment.
With $ETH currently showing a 15% profit on certain leveraged positions, there is growing hope that the price could retest the $2,000 level in the near term, fueled by both technical signals and fundamental improvements.
Source – Jacob Crypto Bury on YouTube
JasmyCoin (JASMY)
JasmyCoin is often referred to as “Japan’s Bitcoin” and has been showing impressive price action lately. After a significant dip, it has rebounded sharply, delivering over 125% gains for those who bought at the lows.
Over the past month, JasmyCoin has effectively more than doubled in value, moving from $0.008 to around $0.018. This highlights how even in bearish market conditions, there are opportunities to accumulate and see major returns when the market begins to recover.
The breakout above the key level between $0.017 and $0.019 was accompanied by a strong surge in volume, suggesting a potentially genuine breakout. The crucial level to monitor is the $0.017 cents support zone—if $JASMY holds above this area, further upward movement toward $0.020 and $0.022 is likely.
Conversely, a breakdown below $0.017 with solid selling pressure could trigger a sharp decline, especially given the significant imbalances observed below current levels.
Solaxy (SOLX)
Solaxy is an emerging project in the crypto world, currently in its ICO stage, raising near $32 million. It stands out as a utility-focused initiative, aiming to become the first-ever Layer 2 (L2) solution developed on the Solana blockchain.
Rather than relying solely on hype like many meme coins, Solaxy brings real technical advancements by tackling Solana’s scalability challenges with a future-ready, high-performance infrastructure.
Its main objective is to maximize the potential of the Solana ecosystem by boosting performance through L2 optimizations, offering faster transactions, improved scalability, and easier access for new developers and projects.
Offering an impressive 127% staking reward, Solaxy presents a compelling opportunity for early adopters to participate at a price of just $0.001706 per token.
With a total supply of approximately 138 billion tokens, the project plans to move forward rapidly, first launching on decentralized exchanges before potentially making its way onto major centralized platforms.
Investors can seamlessly participate in the presale using popular wallets like Best Wallet, WalletConnect, and MetaMask, ensuring easy access to this promising new asset.
The project’s growing traction is evident through its strong social media presence, boasting 62,000 followers and a vibrant, active community that regularly engages through likes and retweets. The latest developer update announces that the Solaxy TestNet Block Explorer is officially live.
Testing shows that, with optimal configurations, the Solana mainnet can now handle data throughput at 140KB/s, offering a noticeable boost in storage speed and overall user experience. Minor updates have also been applied to the CLI interface.
On the performance side, the team continues working toward increasing rollup throughput, aiming to achieve 10,000 TPS. Furthermore, full CORS support has been added to the SDK, and ongoing bug fixes are addressing inconsistencies where rollup behavior differs from standard Solana L1 expectations in user interfaces.
As the broader crypto market shows signs of recovery, Solaxy stands out as an L2 solution that could attract significant attention and demand once it completes its token generation event, bridging phase, and public listings.
Positioned at the intersection of innovation and necessity, Solaxy offers a potential gateway to enhanced network performance on Solana and could emerge as one of the best cryptos to buy now. To take part in the $SOLX token presale, visit solaxy.io.
Bitcoin (BTC)
Bitcoin has been showing strong signs of recovery recently, with its price action looking much healthier compared to the extreme lows witnessed not long ago. Over the past week, Bitcoin is up by around 10%, and over the past month, it has gained more than 8%.
After bottoming out near $76,000, $BTC has climbed back up to approximately $95,000, sparking optimism that the $100,000 milestone could be reached again soon.
The current price movement mirrors a familiar pattern from previous cycles, where a broadening descending channel indicates diverging trend lines of resistance and support. The recent strong weekly candle suggests momentum could continue, with the possibility of breaking through key resistance levels.
If Bitcoin continues along this trajectory, a move toward $122,000 could be on the horizon, although there is always a chance of short-term pullbacks. Overall, the outlook remains bullish, with expectations for higher highs in the near future.
Kaspa (KAS)
$KAS is currently trading at $0.10, with a market cap of $2.6 billion. Over the past week, it has seen a notable increase of 29%, and over the past month, it has surged by an impressive 33%. This strong upward momentum suggests significant investor interest and growing optimism around Kaspa.
With such massive movement recently, there is hope for further continuation in its price action, potentially revisiting previous highs if the broader market conditions remain favorable.
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