A market-wide rally in the second week of April is pushing most altcoins into a green trend

This change has occurred after a consolidation phase that lasted over a month. So, investors are now on the hunt for tokens that could lead the next breakout.

The second week of April saw a market-wide rally push most altcoins into a green trend following a consolidation phase of over a month. As investors search for tokens that could lead the next breakout, let’s highlight three promising cryptos that could deliver exceptional returns as the market heads into May.

Solaxy (SOLX)

Solaxy is aiming to streamline Solana with its upcoming Layer 2 blockchain designed to help Solana deal with its congestion issues.

The platform aims to take the burden off Solana’s mainnet by bundling transactions and processing them off-chain. Thus, the release of Solaxy’s Layer 2 could result in faster transactions and lower gas fees. It’s no surprise that the presale has already raised over $30.1 million.

Investors are rushing to secure their share of SOLX while it’s at a discount. Currently, the per-token price of SOLX stands at $0.001694. This presale follows a dynamic pricing model, so it won’t be long before it reaches $0.00179 each.

The experts from Cryptonews advise their audience to enter the presale while the entry point is still low. They expect the token to explode once it hits the DEXs.

Impressed by Solaxy’s ambitious goals, the experts are confident it will perform well in the future. They encourage their audience to stake their SOLX tokens to maximize their investment. The current staking APY of 134% allows investors to more than double their Solaxy holdings long-term. Therefore, it is the best time to enter the presale.

COTI (COTI)

Short for "Currency of the Internet," COTI is a blockchain platform that strives to enhance privacy and security in the Web3 ecosystem.

Since the release of the COTI V2 Mainnet in late March, the platform has secured numerous strategic partnerships and seen the activity on its mainnet grow to over 1.7 million in total transactions.

COTI's positive developments helped it avoid the market-wide downturn most altcoins experienced in late March. Furthermore, its token's central role in the ecosystem could help it grow further throughout April.

Nihilus, a technical analyst, believes COTI is ready to climb toward the $0.1 mark by late April. It must maintain its current momentum, which helped it break out above a short-term descending trendline.

That would position it above its 50-day Simple Moving Average (SMA) of $0.07 and align with its 200-day SMA. It will leave room for additional gains throughout Q2 2025.

The token's RSI of 47.54 supports the bullish short-term sentiment, as it positions the token in neutral territory. That means it has the chance to grow further if the buying pressure persists.

Measurable Data Token (MDT)

Launched in 2017, Measurable Data Token is a decentralized data exchange economy built on Ethereum. It aims to help users transform their data into income-generating assets and provide data buyers with a transparent and efficient trading platform.

Its native token, MDT, plays a central role in the ecosystem, facilitating transactions and rewarding users for engaging with the network. For instance, users staking their MDT tokens in its ecosystem's RewardMe app can earn higher cashback rewards while shopping on Amazon, Walmart, or dozens of other merchant sites MDT partners with.

The Measurable Data Token might receive another upgrade this year. Its PassportMe feature will help users take control of and monetize their personal data.

As its existing and upcoming features boost its visibility, crypto expert World of Charts believes MDT's technical indicators point to an impressive breakout potential.

Analyzing its price action, the expert identified MDT's breakout above a key horizontal resistance level of $0.023. That coincided with a breakout from a descending channel that had been in place since late 2024.

The expert believes MDT is on a path to reach $0.05 by May, which would represent a 2x soar from its current position, making this an excellent time to start accumulating MDT.