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Cryptocurrency News Articles

Cryptocurrency markets have responded positively following President Donald Trump's approval of the United States Crypto Reserve

Mar 04, 2025 at 08:30 pm

Cryptocurrency markets have responded positively following President Donald Trump's approval of the United States Crypto Reserve. This reserve includes major U.S.-based altcoins such as Solana (SOL), XRP, and Cardano (ADA) alongside Bitcoin (BTC) and Ether (ETH).

Cryptocurrency markets have responded positively following President Donald Trump's approval of the United States Crypto Reserve

The cryptocurrency markets have responded positively following President Donald Trump’s approval of the United States Crypto Reserve. This reserve includes major U.S.-based altcoins such as Solana (SOL), XRP, and Cardano (ADA) alongside Bitcoin (BTC) and Ether (ETH).

However, the global cryptocurrency market cap has declined to $2.76 trillion, reflecting an 8.08% decrease in the past 24 hours. The total market trading volume has also dropped by 9.71% to $180.64 billion. Despite the recent downturn, many investors see this as an opportunity to buy the dip, anticipating potential long-term gains.

As market volatility persists, traders are looking for the top cryptocurrencies to buy now in order to capitalize on future price recoveries.

Top Cryptocurrencies to Buy Now

Solaxy (SOLX) is approaching a significant milestone in its presale, with $24.8 million raised, bringing it one step closer to the $25 million mark.

In other news, DeXe’s price has dropped in the past 24 hours. However, it remains well above its 200-day simple moving average (SMA) of $10.89.

On the other hand, WEMIX has demonstrated strong long-term growth. Although it has experienced fluctuations, the asset has surged by 255.31% from its all-time low of $0.1275.

1. Solayer (LAYER)

Solayer is a blockchain project that integrates specialized hardware to enhance transaction speed and network efficiency. It offloads key processes onto programmable chips, enabling the network to handle over a million transactions per second while achieving high-speed data transfers of over 100Gbps.

The project’s InfiniSVM architecture uses software-defined networking (SDN), remote direct memory access (RDMA), and dedicated hardware such as InfiniBand to improve scalability and reduce latency. By implementing a multi-execution model, Solayer increases bandwidth and enhances processing efficiency.

The platform’s native token, LAYER, is involved in governance and decision-making. Holders can participate in protocol upgrades, treasury management, and ecosystem initiatives like grant funding. The token’s value recently increased by 2.66% to $0.92. Solayer’s market cap is $192.98 million, reflecting a 2.65% rise.

Trading volume surged by 133.42% over the past 24 hours to $555.8 million, suggesting increased market activity. Price forecasts estimate that Solayer could reach $3.27 by April, a potential gain of 227.36%.

2. WEMIX (WEMIX)

WEMIX is a blockchain platform designed to simplify access to blockchain technology. It supports gaming, decentralized finance (DeFi), and non-fungible tokens (NFTs), creating an integrated ecosystem. The platform has expanded significantly, improving its infrastructure and interoperability to support Web3 gaming and financial services.

The token is the primary medium of exchange and the payment method for transaction fees. The ecosystem consists of various interconnected platforms, each contributing to its growth.

As of today, WEMIX is priced at $0.44, reflecting a 24.47% decrease in the last 24 hours. During the same period, the token fluctuated between $0.418 and $0.599. Despite the recent decline, WEMIX has increased 255.31% from its all-time low of $0.1275.

Furthermore, the trading volume relative to market capitalization is 0.0765, indicating moderate liquidity. The 14-day Relative Strength Index (RSI) stands at 68.17, suggesting neutral market conditions where the price may move sideways.

Additionally, the 30-day volatility remains low at 9%, indicating price stability compared to more volatile assets. WEMIX presents a structured blockchain ecosystem with various applications. While recent price movements show fluctuations, the platform continues to develop its infrastructure.

3. Solaxy (SOLX)

Solaxy (SOLX) is nearing a $25 million milestone in its presale, with $24.8 million raised. The project positions itself as the first Layer-2 solution on Solana, aiming to improve scalability and efficiency.

A recent surge in investments followed reports that former U.S. President Donald Trump holds a crypto reserve, including Solana. This news contributed to a 27% increase in SOL’s price, reaching $178, and over $1 million in new SOLX purchases over the weekend.

Meanwhile, Solaxy is introducing a Layer-

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