XRP Pumps 9% as Crypto Prices Rebound – Best Crypto to Buy Now
After yesterday’s drop below the $3 trillion market cap line for the first time since November 2024, the broader crypto market shows signs of recovery.
The rebound is led by Bitcoin (BTC), which is nearing the $100,000 mark again. Leading altcoins follow suit, with 1-9% gains over the past 24 hours.
Altcoins in niche sectors, such as meme coins, are also soaring, and investors looking for the best returns that will help them recover are now turning to tokens still in their presale phases.
Crypto presales are an excellent way for investors to secure their share of a token on the ground floor, and Best Wallet (BEST) and Solaxy (SOLX) are encouraging early adoption with their dynamic pricing models that see their prices increase nearly every day.Best Wallet is looking to join the $2.6 billion wallet token market with its native coin that will help its users unlock various benefits tied to its released and upcoming features, making the rapidly-evolving market more approachable to new investors.
With Solana’s recent issues that arose amidst the launch of Official Trump (TRUMP), such as failed and slow transactions, the project is preparing to release its Solana Layer 2 network at an opportune time.
What’s Ahead For Crypto in 2025?
The election of Trump’s pro-crypto administration had a significant impact on the broader crypto market, which grew by more than $1 trillion during November, achieving a record $3.72 trillion market cap in late December.
While several tokens made tremendous gains, XRP made waves when it broke above $1 after over two years of trading between the $0.3 and $0.7 levels, and it continued its soar to a new ATH of $3.39 on January 4th, 2025.
Since then, however, XRP has faced a sharp decline, driven by the broader market downturn that wiped out half a trillion dollars since late December. Despite this, XRP is showing its strength by recovering better than other leading altcoins today, with a 9% soar over the past 24 hours.
With Mark Uyeda taking over SEC following Gary Gensler’s departure, experts are becoming increasingly bullish on XRP’s future. Mark Uyeda’s pro-crypto stance may result in a positive outcome for Ripple, which is currently dealing with a lawsuit from the SEC.
Armando Pantoya, a crypto analyst, believes Trump’s pro-crypto government will pave the way for XRP to grow further this year, as he projects a $36.42 target for the altcoin.
Doubled down on $XRP after seeing this pic.twitter.com/6o6BXxN7DA
— Armando Pantoja (@_TallGuyTycoon) February 4, 2025
Besides leading altcoins, meme coins are seeing a spike in interest from retail investors and institutions alike, as Bitwise filed a Dogecoin ETF proposal. If it comes to pass, the ETF would open a new channel for institutional investment into the meme coin sector, potentially helping other meme tokens soar.
Best Wallet and Solaxy Offer Promising Solutions in the Expanding Market
Best Wallet is one of the fastest-growing Web3 non-custodial wallets, and it is now on track to release its native token, Best Token (BEST), which will unlock numerous benefits for Best Wallet’s users, from lower transaction fees to unique benefits across several crypto casinos.
The BEST presale has already raised over $9 million, which brought its per-token price to $0.02385, with the next price increase scheduled for tomorrow.
With robust security and advanced features that aggregate over 50 DEXs to provide its users with the lowest fees, it’s no surprise Best Wallet has over 250,000 monthly users, which has ClayBro, a crypto expert, bullish on its future.
Calling it the “best crypto wallet,” ClayBro highlighted Best Token’s central position in Best Wallet’s ecosystem, urging his followers to enter the presale during its early stages.
As the market expands, Solaxy seeks to resolve Solana’s congestion issues by introducing a Layer 2 network that will handle transactions in its stead before having the chain’s mainnet finalize them.
The ambitious project has already raised over $17.7 million, as investors rush to add the token to their portfolios at a low price, which currently stands at $0.001624 per token.
With a solution that could result in faster transactions and lower gas fees for Solana users, meme coin analyst Austin Hilton believes Solaxy is poised for an explosive launch.
He encourages his audience to start accumulating Solaxy and has highlighted the project’s massive 227% staking APY.
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