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Cryptocurrency News Articles
Following the Ripple vs SEC case settlement, the market saw a surge of applications for spot XRP ETFs.
Apr 13, 2025 at 11:03 pm
Crypto prices are rising across the board this weekend, so let's take a look at three tokens that could help traders take advantage of the bullish sentiment.
Following the Ripple vs SEC case settlement in Ripple’s favor, the market saw a surge of applications for spot XRP ETFs. Although none of them have been approved yet, Teucrium’s 2x Long Daily XRP ETF (XXRP) has launched, sparking renewed interest among investors that helped the broader market recover.
Crypto prices are rising across the board this weekend, so let’s take a look at three tokens that could help traders take advantage of the bullish sentiment.
Solaxy (SOLX)
With over $29.8 million raised and a community of over 84,200 followers across X (Twitter) and Telegram, Solaxy is one of the most hyped presales this year.
The project revolves around its upcoming Layer 2 blockchain, designed to improve Solana’s scalability and help it resolve the congestion-related issues it faced that resulted in failed and slow transactions during high-traffic hours.
Leveraging rollups, a system that will see the Solaxy Layer 2 bundle and process transactions in Solana’s stead, its release can result in faster transactions and lower gas fees.
Anticipating post-launch gains of up to 100x, meme coin expert Alessandro De Crypto encourages his audience to start accumulating SOLX while the presale is still live.
Since the Solaxy presale follows a dynamic pricing model, the per-token price of SOLX is expected to increase by over 5%, as its whitepaper reveals the final presale stage will see its price reach $0.00179, making this the best time to invest.
Additionally, early backers can benefit from the project’s massive staking APY, currently at 136%, which allows them to maximize their investments. Alessandro de Crypto also highlighted that no minimum investment is required while buying Solaxy, making the presale equally accessible to small traders and whales.
Dogecoin (DOGE)
Starting off as a joke, Dogecoin quickly turned into a symbol of the meme coin market, and it now stands a solid shot at getting its first spot ETF, which Bloomberg analysts James Seyffart and Eric Balchunas believe is 75% likely to be released by the end of 2025.
Giving it better approval odds than a spot XRP ETF, Eric Balchunas is excited about the news of a new spot Dogecoin ETF filing by 21Shares, which underscores increasing institutional interest in the token.
If approved, a Dogecoin ETF could see institutional investment pour into the meme coin market, so the current bullish sentiment surrounding DOGE isn’t surprising.
Crypto analyst Javon Marks believes Dogecoin is on its way to a new ATH, even though it is currently 77% down from its previous ATH of $0.7376.
The analyst believes Dogecoin is currently in a consolidation phase after its chart formed a descending triangle, which he identified as a bullish signal that previously led to parabolic price increases for the leading meme token.
With a long/short ratio hovering around 2 over the past week, meaning only one in three investors is shorting the token, Dogecoin has a solid chance to explode in the short term.
Hedera (HBAR)
Like most American-led tokens, Hedera has seen an explosion in value in late 2024 following the election of Trump’s pro-crypto administration.
Today, its alternative to traditional blockchain technology, Hashgraph, is gaining attention for its potential enterprise-level applications, boosting the visibility of its native token, HBAR.
Its groundbreaking technology has helped it secure several partnerships, including its recent integration into NVIDIA’s AI chips, and it boasts impressive throughput and low latency, giving Hedera the ability to process thousands of transactions per second.
Crypto expert Jesus Martinez believes an HBAR ETF is likely to be approved this year, expecting the token to soar to the $1 mark by the end of 2025, driven by high-profile partnerships and bullish technical indicators.
HBAR’s 50-day Simple Moving Average (SMA) of $ 0.194405 is above its 200-day SMA of $0.189463, which forms a Golden Cross and often indicates a strong growth potential if the token’s price crosses above those levels.
Optimistic about HBAR’s short-term prospects, predicting it will soon break through the $0.2 barrier, Martinez believes this is an excellent buy zone for HBAR. He also expects HBAR to become a leading cryptocurrency over the next few months, highlighting the favorable conditions Trump’s pro-crypto government is creating for it and other leading altcoins.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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