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Cryptocurrency News Articles

3 High-Potential Cryptos to Buy the Dip: Solaxy (SOLX), XRP (XRP), Hyperliquid (HYPE)

Apr 13, 2025 at 10:00 pm

Across the markets, investors are facing yet another turbulent phase, with the overall crypto market reverting back to the green after being down 4%

The overall crypto market is slowly pulling back from yesterday’s decline, returning to the green after slipping 4% in the past 24 hours.

As investor attention shifts towards high-potential tokens that combine strong growth prospects with genuine utility, especially amid this turbulent market phase, we highlight three standout cryptocurrencies.

Solaxy (SOLX) is currently the biggest presale of 2025, edging closer to a historic $30 million milestone.

Aiming to become the world’s first Layer-2 scaling solution for the Solana blockchain, Solaxy is tackling key issues such as network congestion, failed transactions, and limited scalability.

Its innovative use of off-chain processing, transaction bundling, and Layer-1 settlement aims to streamline throughput and eliminate downtime, even during traffic surges. Developers will also benefit from customizable dApp infrastructure, opening up a new frontier for scalable, Solana-compatible applications.

Crypto analyst Austin Hilton recently emphasized that while Solaxy may have meme coin appeal that can lead to volatility, its utility-focused staking system provides a passive income stream, which adds depth to its offering. The staking mechanism is already live, offering an impressive 137% annual yield, with 8.3 billion tokens staked so far.

Considering Solana meme tokens are up 13% in the past 24 hours despite market uncertainty, Solaxy is uniquely positioned to capture attention in this rapidly growing niche. With high scalability, early mover advantage, and serious developer interest, it’s easy to see why it holds immense upside potential.

XRP (XRP) is a fast and scalable digital asset designed for frictionless cross-border payments via Ripple’s blockchain-based network.

Now trading at $2, XRP has witnessed a remarkable 4x increase since Donald Trump’s return to office in early November 2024, when it was priced at just $0.50. This dramatic rally coincides with Trump’s pro-crypto stance, especially in light of recent policy shifts that favor digital assets.

Moreover, the SEC’s decision to drop lawsuits against major exchanges like Kraken is a major development that has pushed XRP into the spotlight. This move signals broader regulatory acceptance and willingness to resolve outstanding legal disputes.

While the last two weeks have seen XRP correct by 12%, this is still within the bounds of a healthy pullback, especially considering its 223% year-on-year growth. Additionally, with a $116 billion market cap, XRP is now the 4th largest cryptocurrency globally.

For those looking beyond the short-term volatility, XRP’s unique positioning within institutional finance and its regulatory headwinds turning to tailwinds make it one of the more interesting large caps to watch.

Hyperliquid (HYPE) is a next-generation decentralized exchange built on its own Layer-1 blockchain, designed specifically for high-speed perpetual futures trading. Its token, HYPE, powers governance, staking, and other ecosystem incentives.

In contrast to the broader market downturn, HYPE has surged 31% in just the past week, indicating the potential beginning of a short-term trend reversal. While many top coins are sliding, HYPE has caught investor attention with its relative strength, something analysts believe could set the tone for an incoming rally.

Since its December 2024 launch at $6.50, HYPE has climbed to $15.16, nearly tripling in value. Although it still trades 56% below its all-time high of $35, this recent momentum, combined with its strong infrastructure, suggests it may have more room to grow.

That said, analyst sentiment remains cautious, as any major correction in Bitcoin could drag HYPE down in the short term.

Still, given its strong utility, rising investor interest, and ability to defy current market trends, HYPE remains one of the more resilient plays in this volatile cycle.

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