Best crypto to buy right now ahead of the bull run
The post Best crypto to buy right now ahead of the bull run appeared on BitcoinEthereumNews.com.
The crypto market is bracing for a bull run as analysts from firms like Fundstrat, BlackRock, Ark Invest, and Standard Chartered raise their Bitcoin forecasts. Arthur Hayes, the founder of BitMEX, predicted that Bitcoin (BTC) could reach $1 million, while Ark Invest sees it surging to $2.4 million by 2030. BlackRock forecasts a rise to $700,000, and Standard Chartered expects BTC to hit $200,000 this year. Additionally, crypto.news has published several bullish Bitcoin forecasts, highlighting technical formations such as the cup and handle, bullish flag, and megaphone patterns. Concerns over supply and demand imbalances are also mounting as ETF inflows increase and exchange-held balances decline. Best crypto to buy right now A surge in Bitcoin price is likely to lift other altcoins due to their strong correlation. Some of the best cryptocurrencies to consider buying now are those backed by solid fundamentals, such as pending ETF approvals and expanding ecosystems. These include Solana (SOL), Quant (QNT), Ripple (XRP), and Hedera Hashgraph (HBAR). Solana Solana is a compelling buy right now due to its rapidly growing ecosystem, rising network fees, and increasing odds of spot ETF approval. Meme coins in the Solana ecosystem are now valued at over $15 billion, while decentralized exchanges like Meteora, Orca, and Raydium continue to gain market share. Solana has also become the most active blockchain in the industry, processing over 1.75 billion transactions in the last 30 days. It now boasts 101.7 million active addresses, more than the other top chains combined. Further, odds of the Securities and Exchange Commission approving spot SOL ETFs have jumped to over 80% on Polymarket. As we wrote recently, it has also formed a cup and handle pattern, pointing to a jump to $500. Quant Quant is another small underdog crypto to buy today ahead of the bull run.…
Filed under: News - @ May 16, 2025 10:21 pm