Top Cryptocurrencies to Buy Now May 12 – Bittensor, Aptos, Flare

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As Bitcoin approaches potential record highs, driven by improving sentiment and easing global trade tensions, the broader cryptocurrency market draws increased investor interest. With the possibility of slower inflation reflected in upcoming data, digital assets are becoming more appealing.

This environment has prompted a closer look at blockchain projects, which show signs of resilience, utility, and technological growth. As such, InsideBitcoins highlights some of the top cryptocurrencies to buy now, offering insight into where investor attention is shifting.

Top Cryptocurrencies to Buy Now

Bittensor is trading at $474.06, reflecting significant momentum in its recent price action. Meanwhile, TRON’s new collaboration with MoonPay marks another step toward broader crypto accessibility. 

Flare Network’s total value has doubled since April 28, jumping from $45 million to $120 million. In the broader market, BTC experienced heightened volatility, with its price fluctuating aggressively, initially dipping from $97,000 to $93,000 before rebounding to $102,000 and continuing higher.

1. Bittensor (TAO)

Bittensor is a decentralized network that supports collaborative machine learning using blockchain technology. Its open-source protocol allows independent machine learning models to collaborate and share information. Participants earn the native token, TAO, based on how valuable their contributions are to the network. TAO also gives users access to the network’s services and helps guide how models operate.

Currently priced at $474.06, Bittensor has shown strong recent performance. The token recorded a 35.21% growth in the past week and rose by 84.20%  over the past month. Despite being down 40% from its all-time high, the token remains well above its long-term trend. It trades 282% higher than its 200-day simple moving average of $122.07, suggesting continued interest from market participants.

TAO Price Chart

In terms of market conditions, the 14-day Relative Strength Index is 56.85, placing it in a neutral zone. This indicates that the token is neither overbought nor oversold and may see more sideways movement soon. TAO also sees solid liquidity, with a 24-hour volume-to-market cap ratio of 0.0946, showing active trading relative to its size.

Furthermore, sentiment around the token remains bullish, supported by a Fear & Greed Index reading of 70, which signals investor confidence. With 16 positive trading days in the past month and continued network development, the project’s position in the AI and blockchain intersection continues to attract attention, particularly among users interested in decentralized alternatives to traditional machine learning platforms.

2. TRON (TRX)

TRON recently partnered with MoonPay, a fiat-to-crypto platform that enables users to buy cryptocurrencies using traditional payment methods. With this move,  users can purchase TRX directly through MoonPay. This development signals an essential step in TRON’s international growth strategy particularly as it looks to gain traction in the U.S. market.

TRX Price Chart

Furthermore, the recent rise in total value locked (TVL) on the TRON network suggests a return of activity within its DeFi ecosystem, after a brief decline. At the time of writing, TRX is trading at $0.2632, reflecting a 5.15% increase over the past week. The asset has recorded 18 positive trading days out of the last 30. 

It is performing above its 200-day simple moving average (SMA), trading about 16.8% higher than that indicator, which reflects a medium-term upward trend. The Relative Strength Index (RSI) is at 53.21, placing TRX in neutral territory, with no immediate signs of being overbought or oversold.

3. Solaxy (SOLX)

Solaxy is positioning itself as the first Layer 2 solution for the Solana blockchain. It aims to improve the scalability and efficiency of the Solana ecosystem further by introducing enhancements to transaction processing and fee structures. Solaxy seeks to address some of the performance and accessibility issues that remain in blockchain infrastructure.

The project is currently in its presale phase and has raised $34.7 million, indicating a notable level of investor interest. Part of this appeal comes from a staking program that offers up to 116% in annual rewards, which may attract users interested in passive income opportunities. 

Development updates suggest that Solaxy’s team focuses on improving technical performance. Recent changes include faster node synchronization, improved test reliability, optimized rollup mechanisms, and UI fixes to create a more stable experience. These backend updates indicate the project is actively working toward operational readiness.

Looking ahead, Solaxy plans to launch the next phase of its testnet, which includes a bridge feature that will allow users to test cross-chain functionality. The platform’s strategy solves fundamental limitations in the current blockchain infrastructure by complementing Solana.

Visit Solaxy Presale

4. Aptos (APT)

Aptos is a Layer 1 blockchain built to improve scalability, security, and adaptability in the Web3 space. It introduces key infrastructure upgrades, including a new consensus mechanism and a unique approach to transaction processing. The project uses parallel execution, allowing it to manage many transactions at once without waiting for each to finish individually. This boosts efficiency and contributes to its high throughput.

APT Price Chart

Currently, the Aptos token trades at $6.11, reflecting an intraday surge of 4.54%. Its 24-hour trading range lies between $5.80 and $6.03, with the token trading close to its recent high of $6.28. The token sits well above its all-time low, up by over 94%, suggesting a strong recovery or sustained interest since launch. Aptos also logged 15 positive daily closes in the past month, indicating consistent upward pressure.

Market indicators suggest robust liquidity, with a 24-hour volume-to-market cap ratio of 0.1070. The Relative Strength Index (RSI) points to a bullish sentiment, while the Fear & Greed Index reads 70, signaling that investor appetite remains strong.

Aptos appears to be gaining traction with developers and users. It is supported by solid infrastructure and a growing ecosystem. By focusing on performance and ease of use, it continues to draw attention in a competitive Layer 1 sector .

5. Flare (FLR)

Flare Network has recently experienced a sharp increase in total value locked (TVL), rising from $45 million to $120 million since April 28. This 160% growth appears closely tied to the rollout of USDT0, a gasless and omnichain version of Tether (USDT), along with a new incentive program launched by Flare. These developments suggest growing user engagement and utility on the platform.

FLR Price Chart

USDT0 allows users to interact with Tether across blockchains without paying gas fees directly. This feature could be especially appealing to users seeking lower-cost transactions across ecosystems. So far, over $60 million worth of USDT0 has been minted on Flare, and approximately 6,000 wallets are currently holding the token. More than 680,000 wallets have completed at least one transaction on the network, signaling a broad and growing user base.

The network’s activity aligns with its current technical indicators. Flare’s 14-day RSI is 50.48, placing it in a neutral zone that could suggest sideways price movement. Over the past 30 days, the asset has seen 17 green days, or about 57%, showing some consistency in upward price movements. 

At $0.01986, Flare’s price has shown modest growth over the past week, with a generally bullish outlook. As reflected by the Fear & Greed Index at 70, market sentiment indicates growing optimism among participants. This momentum, paired with new technological features and incentives, positions Flare as an ecosystem to watch in the coming weeks.

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