Despite the ongoing volatility in global markets, Bitcoin (BTC) has shown high resilience – and even formed a potential bullish pennant on its weekly chart. The creation of this pattern has coincided with the US Senate giving the official green light to the GENIUS stablecoin bill – marking a historic leap forward for crypto regulation, and providing a fresh sentiment boost among traders and investors.
Meanwhile, the Federal Reserve’s recent decision to keep interest rates steady has provided a sense of stability. Web3 experts suggest the Fed’s dovish stance could help Bitcoin sustain its gains and spur a much-needed capital rotation into altcoins.
With BTC’s relatively bullish price structure still intact (and supported by improved regulatory and legislative clarity), investors are now exploring high-utility crypto tokens.
Keeping this in mind, we’ve reviewed five of the best cryptos to buy before Bitcoin’s next big move.
Solaxy
The last few months have been incredibly busy for Solaxy (SOLX) – a cutting-edge Layer 2 (L2) solution for Solana that’s nearing the end of its explosive presale. As Solana’s first-ever L2 network, powered exclusively by the SOLX token, Solaxy has raised over $54.7 million from a long list of whale investors and everyday crypto enthusiasts.
The SOLX token presale will end on June 23, leaving just a few days for buyers to purchase SOLX at $0.001766 (and stake it for dynamic APYs of up to 77%) before the mainnet launch and token generation event phases begin.
Solaxy’s appeal lies in its practical utility: it will use optimistic rollups to increase transaction throughput on Solana’s network, easing congestion by batching transactions off-chain and settling them back on Solana’s mainnet.
The SOLX token will support the whole Solaxy L2 ecosystem, including its upcoming Igniter Protocol – a built-in launchpad that will let SOLX holders mint and deploy new cryptos on the high-speed Solaxy chain.
Solaxy’s recently announced rollout schedule mentions that the project’s cross-chain bridge (between Ethereum, Solana, and Solaxy) and its mainnet will go live on July 7, ahead of the Igniter Protocol and Neptoon (native DEX) launches – which will both take place later next month. Visit Solaxy.
Bitcoin Hyper
Bitcoin Hyper (HYPER) is emerging as a Layer 2 project that could fundamentally enhance Bitcoin’s usability. Its L2 execution layer will be anchored to Bitcoin’s blockchain, and powered by the Solana Virtual Machine (SVM) for ultra-fast throughput.
In simple terms, Bitcoin Hyper aims to give Bitcoin the speed and comprehensive functionality of Solana, enabling fast transactions, smart contracts, DeFi, and even meme coins on BTC’s network without sacrificing its core security.
To achieve this, the project will use a canonical bridge feature – so users will be able to lock up BTC on the main chain and mint a wrapped version on Bitcoin Hyper, use it in high-speed dApps, then send their BTC back to Bitcoin’s Layer 1 as needed.
Investors can accumulate the HYPER token during its ongoing presale at $0.01195, with another price increase set to occur during the next day. It’s also worth noting that Bitcoin Hyper’s total token supply has no private allocations.
In its first few weeks, the Bitcoin Hyper presale has already raised more than $1.4 million, including a single $55,000 purchase from a whale. To reward early supporters, Bitcoin Hyper offers a staking yield of up to 538% APY for the duration of the sale. Visit Bitcoin Hyper.
Raydium
Raydium (RAY) is the governance and utility token of the Raydium protocol, a leading automated market maker and decentralized exchange on Solana.
In the past 24 hours, RAY’s price has surged by 14% amid a confluence of positive developments. A key catalyst was Raydium’s listing on Upbit, South Korea’s largest crypto exchange, which immediately opened RAY to a new audience of enthusiastic buyers.
The RAY token is still around 86% below its all-time highs, but recent price action and volume upticks suggest the market is rediscovering Raydium’s strong fundamentals.
Raydium is also riding on a broader wave of optimism, as Solana’s network architecture has been upgraded (via the Firedancer and Alpenglow initiatives), institutional interest in Solana-based DeFi projects is growing, and now RAY is more globally accessible than ever before.
If Bitcoin’s next move ignites a broader altcoin rally, and Solana’s community sentiment stays bullish, RAY could see further upside and benefit from even greater momentum.
Chainlink
Next on our list is Chainlink (LINK), a decentralized oracle network that provides real-world data to blockchains – an extremely high-value use case for DeFi, NFTs, and other Web3 sectors.
From a technical standpoint, LINK’s price has been finding support around the $13 level for a couple of months now – and its most recent rebound from that level could set up a near-term bullish reversal.
In the last few weeks, Chainlink launched its Cross-Chain Interoperability Protocol (CCIP) on Solana – significantly expanding its influence beyond EVM-based chains. This integration will unlock access to over $19 billion worth of tokens from Ethereum, BNB Chain, and other networks for projects across Solana’s DeFi ecosystem, dramatically increasing liquidity and cross-chain capabilities.
Chainlink is also gaining real traction among top institutions, with a long list of groundbreaking partnerships and collaborations involving SWIFT, Google, Fidelity, the DTCC, UBS, and industry-leading banks around the world – including JPMorgan.
Given that LINK is currently trading at a nearly 75% discount from its all-time high of $53, these bullish developments could fuel an impressive rally during the next crypto bull run.
Snorter Token
Completing this collection of top-trending cryptos is Snorter Token (SNORT), the brand-new meme coin behind Snorter Bot – a Telegram-based crypto trading bot that’s rapidly gaining traction among professional traders.
Snorter Bot is compatible with both Ethereum and Solana, enabling it to leverage the strengths of two leading blockchains and provide a simple and convenient way to snipe newly-launched tokens. Users can design automated trading strategies for volatile meme coins, set limit orders and stop-losses via straightforward commands, and even copy-trade the market’s most successful wallets.
In addition to the above, Snorter Token holders will be eligible for an exclusive low fee of just 0.85% per trade (while non-holders will have to pay 1.5%).
Snorter Bot also includes a honeypot and scam detection tool, which runs safety checks before allowing trades to be executed – thus protecting users from malicious tokens and contracts.
The SNORT token is currently available for just $0.0957, and early adopters have helped its presale to skyrocket above the $1.1 million mark. During the sale, buyers can stake their holdings for an annual yield of up to 281%. Visit Snorter Token.
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