5 Cryptos to Buy on the Next Bitcoin Bull Run: Ethereum (ETH), Solaxy (SOLX), Hyperliquid (HYPE), BTC Bull Token (BTCBULL), Pi Network (PI)

The crypto market is firmly back in the green, with Bitcoin reclaiming the $100,000 mark for the first time since February 2025 and Ethereum surging to $2,550. The total crypto market cap has now reached $3.48 trillion, recording a 0.8% increase in the past 24 hours.

This bullish momentum has also sparked increased demand for altcoins, as traders seek out the next wave of breakout assets. To help readers navigate this rally, we’ve handpicked five standout tokens. These combine strong short-term performance with meaningful utility, offering exposure to both emerging narratives and established blockchain innovations.

1. Ethereum (ETH)

Ethereum (ETH) is a decentralized platform that enables smart contracts and decentralized applications (dApps). It is the second-largest cryptocurrency by market cap, which currently stands at $307 billion—roughly 9.1% of the total crypto market.

After a trying Q1 2025, which saw ETH drop 56% to a low of $1,500, the past 30 days have been anything but bearish. The token has bounced back with a 59% increase, and it has seen a 40% surge in just the past week.

A large part of this momentum comes from the launch of the Ethereum Pectra Mainnet on May 7, which brought 11 key upgrades designed to boost efficiency and user experience. Among these is the increase in staking caps from 32 to 2,048 ETH, a move that is sure to be welcomed by institutional and high-volume validators.

Analyst polaris_xbt notes that ETH is completing a multi-year breakout and could be a frontrunner of the upcoming altseason. Trading at $2,544, it is still 47.6% below its all-time high, leaving room for further upside potential and renewed long-term interest.

2. Solaxy (SOLX)

Solaxy (SOLX) has quickly become one of the hottest new crypto presales, having now raised an impressive $33.7 million for its Layer-2 scaling solution on the Solana network.

Solana, despite its vast popularity, struggles with traffic spikes, failed transactions, and limited scalability during peak periods. However, Solaxy is set to address these issues head-on. It will offer off-chain transaction processing and transaction bundling for increased throughput, plus Layer-1 settlement to retain Solana’s security. These features are designed to minimize congestion and ensure zero downtime, making Solaxy ideal for high-volume sectors like meme coins and microtransactions.

With a staking APY of 116% and over 9.9 billion tokens already staked, passive income seekers are also taking notice. As seen by Austin's analysis, Solana is seeing renewed user activity, and Solaxy could serve as the perfect outlet to siphon off some of that pressure from the mainnet. If it delivers on its promises, Solaxy could easily become the next big altcoin story of the year.

3. Hyperliquid (HYPE)

Hyperliquid (HYPE) is a decentralized exchange built on its own ultra-fast Layer-1 blockchain. It features a native order book and a low-fee trading infrastructure, while the native HYPE token powers governance, staking, and transactions across the ecosystem.

HYPE has surged 60% in the last 30 days and is up 23% just this past week. This move is largely attributed to the launch of HyperEVM in February 2025. The upgrade enables Ethereum smart contracts to run natively on Hyperliquid’s L1 chain, facilitating faster and cheaper execution with direct access to its high-liquidity infrastructure.

This integration expands Hyperliquid’s appeal to developers and improves its interoperability with Ethereum-based tools. Technical analyst QuantumTrader suggests that the project has the fundamentals to support a further upward trajectory, especially as decentralized trading demand continues to rise.

Currently valued at $8.3 billion and ranked 22nd in global crypto standings, Hyperliquid has made a swift impact since its December 2024 debut.

4. BTC Bull Token (BTCBULL)

We cannot discuss Bitcoin’s price rallies without mentioning the altcoin that stands to benefit the most from them—BTC Bull Token (BTCBULL). This project provides increased BTC exposure to its holders without them needing to buy the largest crypto at the top.

BTC Bull Token implements two main principles into its framework: token airdrops and token burns. Whenever Bitcoin’s price reaches a new $25K price increment, BTC Bull Token will release a Bitcoin airdrop, a BTCBULL airdrop, or carry out a BTCBULL token burn.

This not only provides monetary benefits to its holders in the form of free tokens and coins but also reduces the total supply