The crypto market’s mood has done a complete 180. After sitting in neutral territory yesterday, the Crypto Fear and Greed Index has surged to 72 – its biggest daily jump ever.
That kind of shift has everyone talking and, more importantly, buying. With sentiment flipping to greed, here are four of the best cryptos to buy before things really take off.
1. Solaxy (SOLX)
Solaxy (SOLX) is gaining huge traction right now. Built to tackle the congestion and speed issues still plaguing Solana, Solaxy isn’t just a meme coin – it’s a Layer-2 scaling solution with real utility. It’s built for high-frequency apps, including gaming and meme coin trading.
Solaxy bundles transactions on its Layer-2 chain. Thus, it takes the load off the mainnet and keeps things moving quickly. That alone makes it appealing for developers. However, the real buzz is around Solaxy’s presale. It has already raised over $31 million and offers the native SOLX token for just $0.001702.
Early investors can buy SOLX with crypto, a bank card, or the Best Wallet app. Moreover, investors can stake their SOLX right away, with an APY of 129% on offer. None of this comes at the expense of security since Coinsult has audited Solaxy’s code.
The 99Bitcoins YouTube channel, which has over 724K subscribers, dropped a video yesterday suggesting that SOLX could “10x” once it goes live on exchanges. Time will tell whether that’s the case, but Solaxy might just be one of the best cryptos to buy this week.
2. Sui (SUI)
Sui (SUI) is on a roll, up 27% in the past day, and that’s got everyone paying attention. This Layer-1 chain, built by ex-Meta engineers, is all about speed, scalability, and making Web3 feel less like a maze. The recent price surge is also not random. It’s backed by growing DeFi activity and rising DEX volume.
What makes Sui stand out is its object-based model, letting transactions run in parallel instead of one by one. That means faster, cheaper activity, which is perfect for gaming and lending protocols. With projects like Cetus and NAVI picking up steam on the network, the future looks bright.
Currently, the native SUI token is trading at $2.93, still 45% below its January high. If you are looking for exposure to a growing Layer-1 chain, this could be another high-potential crypto to consider buying.
3. Walrus (WAL)
Walrus (WAL) was launched in March and has big names like ai16z and Franklin Templeton backing it. It takes on one of crypto’s most prominent issues – scalable, reliable data storage. Instead of leaning on centralized services, Walrus spreads data across independent nodes, keeping it accessible.
WAL is key to powering payments, staking, governance, and network security. Storage providers stake WAL to join in, while users can delegate tokens and earn rewards. Walrus even burns tokens via slashing and short-term penalties, reducing the circulating supply.
Furthermore, since it is built on Sui, Walrus inherits all the speed and efficiency of the chain. Throw in a growing community and some big CEX listings, and it’s easy to see why WAL is up 17% in the past day.
4. Ethena (ENA)
Another of the best cryptos to buy this week is Ethena (ENA). Ethena’s big innovation is USDe, a synthetic dollar backed by a delta-hedging strategy instead of fiat reserves. That makes USDe a more scalable and decentralized alternative to stablecoins like USDC.
What’s also exciting is Ethena’s recent price performance and development roadmap. The ENA token is up 27% in the past week, hitting a market cap of $1.9 billion. Spot trading volumes have also spiked 71% since yesterday.
With strong fundamentals, a bullish outlook, and a growing ecosystem, ENA is definitely a token to keep tabs on. It may not be as exciting as a meme coin, but for investors seeking steady gains, ENA could be a great option.
Source: https://www.thecoinrepublic.com/2025/04/23/best-crypto-to-buy-as-fear-and-greed-index-sees-highest-ever-daily-rise/