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Analyst Reveals Top 6 Crypto Coins to Buy Now As Market Dips

Published by
Debashree Patra

The crypto market took a hit after the Bybit hack, dragging its total value down to $3.14 trillion. Bitcoin is holding at $95K, but altcoins aren’t faring as well – Ethereum slipped to $2,715, XRP tumbled further, and Solana took the biggest hit, dropping over 6%. Despite the downturn, trading volume has spiked 13% in a day, crossing $78 billion, showing that investors are still in the game.

But with the Fear & Greed Index sitting at a neutral 40, caution remains.

While the market struggles, some altcoins are flashing strong buy signals – and according to analysts, these could be the best plays before the next rally. Here are six altcoins standing out in the chaos.

Tokens to Buy Now

XRP’s RLUSD Backing

XRP is benefiting from the increasing use of RLUSD, a stablecoin built on the XRP Ledger (XRPL). RLUSD’s total supply has reached $120 million in just two months and continues to grow. According to Ripple CTO David Schwartz , XRPL’s decentralized exchanges (DEXs) use XRP as a bridge asset for auto-bridging transactions, which boosts XRP’s trading volume and adoption.

Ondo Finance: Tokenizing Real-World Assets

Ondo Finance is leading the charge in tokenizing real-world assets (RWAs) like stocks, bonds, and equities on the blockchain. Backed by Founders Fund, Coinbase, and Pantera Capital, the project recently launched Ono Chain, a Layer 1 blockchain built for institutional-grade RWA transactions.

Ethereum: Big Players Are Buying

Ethereum remains the backbone of DeFi and smart contracts, but what stands out now is the strong buying from major players. Bybit recently purchased nearly $100 million worth of ETH to cover losses from its hack, showing confidence in Ethereum’s long-term value. Even more notably, Donald Trump’s Liberty Financial holds over half a billion dollars in ETH, highlighting growing institutional interest.

Solana: A Hidden Gem for the Next Cycle?

Solana is another top pick, with Bitwise Europe predicting a price range of $2,318 (bear case) to $6,600 (bull case) by 2030. The report notes that many investors are overlooking Solana, but its fast-growing developer activity, rising adoption, and strong institutional backing make it a solid bet for the next cycle.

Bitcoin & Cardano: A New DeFi Connection

Bitcoin remains a key asset, but the analyst highlights a Bitcoin-Cardano connection that could reshape Bitcoin DeFi. Cardano founder Charles Hoskinson recently explained on the Mr. M podcast how Babel Fees will allow users to pay transaction fees in wrapped Bitcoin (BTC) instead of ADA.

This would make Bitcoin more usable in DeFi, removing the need for a secondary token and potentially opening up new opportunities for BTC in the DeFi space.

For those looking for smaller-cap opportunities, the analyst points to Chainlink, BitTensor, VeChain, and Supra:

  • Chainlink remains the leading oracle provider, essential for smart contracts needing real-world data.
  • BitTensor is an emerging AI-powered blockchain network with high potential.
  • VeChain continues to be a major player in supply chain solutions.
  • Supra, a newer blockchain infrastructure project, has dropped nearly 15% in the past month. Despite the dip, the analyst sees strong potential for Supra, making it a solid buy-the-dip opportunity.

While the crypto market remains volatile, these six altcoins stand out for their strong fundamentals, increasing adoption, and growing institutional interest. As the market stabilizes, they could be well-positioned for the next bull run.

Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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