2025-1-29 03:08 |
Cryptocurrency prices have recoiled this year as last year’s demand eased. Bitcoin remained below the all-time high of $109,200, while Ethereum is stuck in a bear market after falling by over 20% from its December highs. Many altcoins will likely bounce back as the Securities and Exchange Commission (SEC) approve spot Solana and XRP ETF. Let’s explore some of the best crypto to invest in ahead of these ETFs.
Best crypto to invest in ahead of Solana and XRP ETF approvalsSome of the best crypto to buy as odds of SOL and Ripple ETF approvals are Cardano, Tron, Avalanche, and Chainlink.
Cardano (ADA)Cardano is one of the most popular cryptocurrencies in the industry and one that has a huge potential in 2025. As an American coin with a market cap of over $30 billion, there are rising odds that the SEC will approve a spot ADA ETF this year.
Another reason to buy the coin is that it has formed a bullish pennant pattern on the weekly chart. It also formed a triple bottom pattern and remained above the 50-week moving average.
The coin has moved into the fourth phase of the Elliot Wave pattern, meaning that a rebound may happen soon. If that happens, the next stopping point will be at $2, which coincides with the 61.8% Fibonacci Retracement level.
ADA price chart by TradingView
Tron (TRX)Tron, the crypto started by Justin Sun, is another top coin to invest in because of its strong fundamentals and technicals. It is the third biggest blockchain in terms of DeFi total value locked (TVL) after Ethereum and Solana.
Tron is also the biggest processor of stablecoins, especially Tether, handling over $120 billion each day. Further, Tron is now the most profitable chain in the crypto industry after Tether and has continued to burn more tokens than those minted. It is also a portfolio coin for Donald Trump’s World Liberty Financial.
Tron also has strong technicals after forming a falling wedge chart pattern on the weekly chart. Such a move will possibly lead to more gains, potentially to a record high.
Avalanche (AVAX)Avalanche is another top crypto to invest in ahead of the Solana and Ripple ETF approval. It is a leading layer-1 network with over a billion dollars in TVL.
The main catalyst for the AVAX price is that the network will launch Avalanche 6900 this year, which it says will be the biggest upgrade ever. It will introduce features like a change of validator costs and changes in the subnets. Avalanche has already raised $250 million ahead of the upgrade. Also, there are odds that it will start to replicate Solana’s success over time. AVAX has also formed a falling wedge chart pattern, pointing to an eventual rebound.
Chainlink (LINK)Chainlink is another crypto coin to buy ahead of the Solana and XRP ETF approval. It is the biggest oracle in the crypto industry and one of the portfolio coins of Donald Trump’s WLFI project.
Chainlink has a unique staking model and is a major player in industries like Decentralized Finance (DeFi) and Real-World Asset (RWA) tokenization. It has also formed some strong technicals, which suggest more gains in the next few months.
LINK chart by TradingView
Other top altcoins to buy ahead of the SOL and XRP approvalsThe other potential coins to buy ahead of the Solana and Ripple ETF approvals are Polkadot, Uniswap, Jito, Ethena, and Sui.
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