- This alt season could be led by Solana, which shows potential to surpass Ethereum on key metrics like capitalization, daily active addresses, staking, and DeFi volume.
- Bitcoin Pepe is likely the best-positioned altcoin for the Solana flippening rally. This L-2 meme launchpad on Bitcoin with Solana-style performance listing on May 31st perfectly captures the mix of both.
- Trump and XRP coins are also set to be big gainers this year. The TRUMP coin has become the biggest Solana meme coin, and XRP is likely to rally to a new ATH in this bull market.
As the cryptocurrency market resumes its bullish momentum following a four-month bearish correction, Solana is gaining significant attention as it approaches the threshold of surpassing Ethereum in crucial metrics such as daily active addresses, staking, and DeFi volume. This is a major event because it can bring more hype in the alt season, sending the crypto world into a long bull cycle.
Despite the recent upgrades, Ethereum has been facing some headwinds, and the same can be seen in its price action, which has been moving in bearish momentum for over a year now. Following this, Solana has now overtaken Ethereum in terms of total value staked. Over $54.16 billion is currently staked on the Solana network, while $53.83 billion is staked in Ethereum.
As the Solana event hypes up, institutional investors are scouting for the best altcoins to buy now before Solana’s rise triggers a full-blown rally. Here are the top contenders poised to ride the alt season wave.
Bitcoin Pepe (BPEP)
Bitcoin and Solana are both leading the ongoing bull market, but their big market caps limit the upside potential. What if you could bet on both networks’ features in a single project? Bitcoin Pepe (BPEP) is a layer-2 platform that provides a solution by bringing “Solana on Bitcoin.”
But how? BPEP is the first meme-centric ICO on the Bitcoin network, which means it is now possible to launch meme coins on the Bitcoin network. This is a huge thing because over $2 trillion of BTC’s liquidity is sitting idle because the network lacks the speed and scalability to be a meme launchpad.
However, bringing speed, scalability, and cost efficiency like Solana on Bitcoin, BPEP is turning the largest blockchain network into an efficient meme launchpad.
Bitcoin Pepe is building this infrastructure around the PEP-20 token standard. Consider what ERC-20 accomplished for Ethereum in 2017, leading to the creation of thousands of new tokens and sparking the ICO boom. Now is the time to create the best meme coins on the largest and safest network in the world, creating a fresh trillion-dollar sector.
Strong investor confidence is easily visible as the BPEP presale has already raised $7.9m. Currently priced at just $0.0326 in stage 10 of its presale, this could be the last chance to get in, as the May 31st listing is confirmed, and now rumors are swirling about potential tier 1 listings post-presale.
Official Trump (TRUMP)
TRUMP is a Solana-based meme coin launched in January after President Donald Trump was reappointed as the 47th President of the United States of America on Monday, January 20. Driven by the massive hype, TRUMP coin has become the biggest meme coin on the Solana network with a market capitalization of $2.7 billion.
Image courtesy: TradingView
The TRUMP coin has been trading in a clear downtrend for the past few months. However, after the announcement of Donald Trump’s dinner meeting exclusive to coin holders, the price broke out, surging 100% in a few days. The meme coin has now seen selling pressure after the run-up. However, the current price movement indicates that a bullish move is around the corner.
Ripple (XRP)
XRP has existed as a fundamental crypto asset because it delivers practical solutions to international payment transfers through its cross-border capabilities. The Ripple system provides timely solutions and affordable speed to outdated international banking protocols, because of which institutions embrace it strongly.
At press time, XRP is trading at $2.37, an increase of 18% on the monthly charts. Recently, the market reacted positively when Ripple’s five-year-long dispute with the US SEC came close to an end.
Analyst Clifton Fx says the Ripple price might soar to a new peak. According to the chart analysis, the cryptocurrency has formed a bullish flag, which indicates that the ongoing Ripple price consolidation will end soon.
Final thoughts
Although the recovery of TRUMP and XRP is quite likely, analysts believe that a more promising alternative exists. Bitcoin Pepe (BPEP) has established a disruptive intersection between Bitcoin’s massive liquidity and meme coins’ explosive growth potential allow it to attract retail and institutional investors while forging the upcoming financial landscape.
While large-cap crypto holders wait, the leading money investors enter the best altcoins to buy now, like the BPEP, to bet on the platform’s future success.
To learn more and buy Bitcoin Pepe before the May 31st listing, check out the official website.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support