5 Altcoins Showing Renewed Momentum as Bitcoin (BTC) Remains Stable

Altcoins are showing renewed momentum as major tokens like Ethereum, SUI, XRP, LINK, and Solana rebound from critical support levels.

The cryptocurrency market has shown signs of recovery, with major tokens like Ethereum, SUI, XRP, LINK, and Solana rebounding from critical support levels. A noticeable uptick in trading volumes across various altcoins suggests increasing market confidence, especially with bullish sentiment building ahead of May.

The cryptocurrency market has shown signs of recovery, with major tokens like Ethereum, SUI, XRP, LINK, and Solana rebounding from critical support levels. A noticeable uptick in trading volumes across various altcoins suggests increasing market confidence, especially with bullish sentiment building ahead of May.

Bitcoin’s stability over the past month has also created favorable conditions for altcoin growth, paving the way for breakout patterns across several digital assets. As investors channel their interest toward projects boasting strong fundamentals and recent technical strength, this article takes a closer look at some of the best crypto to buy right now.

Best Crypto to Buy Right Now

Bittensor has emerged as a top performer, securing its position as the largest AI-focused cryptocurrency by market capitalization. Meanwhile, Solaxy (SOLX) continues to draw investor interest during its presale, having raised more than $32 million to date.

Render Token (RNDR) is also seeing modest gains, currently trading at $4.48 after a daily increase of 2.44%. In other news, the U.K. government released draft legislation to regulate crypto trading platforms, stablecoin issuance, market abuse, and disclosure requirements.

1. Bittensor (TAO)

Introducing Bittensor

Bittensor is an open-source blockchain protocol designed to support a decentralized machine learning network. Unlike traditional systems where machine learning models are trained in isolated environments, Bittensor enables models to train collaboratively. Contributors are rewarded in TAO, the network’s native token, based on how valuable their outputs are to the overall network.

In recent market activity, the AI token sector has shown renewed strength, with a majority of top projects registering gains. Bittensor has been a leading performer, now ranking as the largest AI token by market capitalization. Its consistent trading above the 200-day simple moving average, currently 213.77% above that benchmark, signals a strong long-term trend. The token is priced at $382.65, reflecting a 1.55% gain over the past day.

From a technical standpoint, the Relative Strength Index (RSI) is 56.85, indicating that the asset is neither overbought nor oversold. This aligns with a neutral outlook, meaning the price could continue moving sideways in the short term. Bittensor has also maintained high liquidity, posting gains on more than half of the past 30 days. Volatility remains relatively moderate at 21%, staying below the 30% threshold that often indicates high risk.

2. NEAR Protocol (NEAR)

Recently, NEAR has come into the spotlight through Grayscale’s new AI-focused crypto fund, which aims to invest in projects related to decentralized infrastructure, data services, and of course, artificial intelligence. This inclusion might reflect a growing interest in NEAR’s role within broader technology ecosystems.

The protocol is a layer-one blockchain designed to function as a decentralized cloud computing platform. It aims to overcome common limitations in the blockchain space, such as slow transaction speeds, limited capacity, and lack of interoperability between networks. The platform also supports human-readable account names, making it more accessible compared to platforms like Ethereum, which use long cryptographic addresses.

NEAR’s consensus mechanism, which is how it secures and verifies transactions, is distinct and focuses on energy efficiency and decentralization. The platform has positioned itself as a developer-friendly environment for building decentralized applications (DApps), offering tools and infrastructure designed to simplify development.

Currently, NEAR is priced at $2.58, with a 24-hour trading volume of around $402 million and a market cap of $3.12 billion. The price rose by 2.46% over the past day. Liquidity appears strong, with a volume-to-market cap ratio of 0.1291. The 14-day Relative Strength Index stands at 57.86, suggesting that the market is in a neutral phase and may not experience significant short-term price movements.

3. Solaxy (SOLX)

Solaxy (SOLX) has come into the spotlight during its presale phase, having raised over $32 million as interest in Solana-based meme coins continues to grow. This surge coincides with the broader recovery of the crypto market, which recently passed a $3 trillion valuation. At a presale price of $0.001708, SOLX is still open to early investors before its planned exchange listings.

What sets Solaxy apart from typical meme coins is its focus on a Layer-2 scaling solution. This proposed development aims to improve Solana’s efficiency by reducing network congestion and enhancing scalability. If implemented, it could support faster and more reliable transactions, a common concern among users of high-traffic blockchains.

Another aspect of Solaxy is its emphasis on staking. The platform advertises potential returns of up to

Another aspect of Solaxy is its emphasis on staking. The platform advertises potential returns of up to