Next Cryptocurrency to Explode, 26 January — Render, Jupiter, Starknet

The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it fell below $96K before rising to102.6K today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run.

Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token.

Next Cryptocurrency To Explode

Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token Solaxy. This new meme coin offers a unique blend of these two dynamics by combining meme coins’ excitement and reward potential with the practical utility of a Layer 2 blockchain solution.

1. Render (RENDER)

Render (RNDR) has shown strong bullish momentum on the weekly charts. The RENDER/USDT pair recently broke through a descending trendline that had restricted price growth since October 2023. This breakout marked a significant shift from bearish to bullish sentiment.

Between October 2023 and April 2024, RNDR struggled to move beyond a resistance level near $6.50, which aligned with the descending trendline. However, the recent breakthrough occurred with high trading volume, confirming the breakout’s strength. The token’s price climbed quickly, surpassing minor resistance levels without significant pullbacks—a clear sign of strong buying interest.

Market analysts now have high expectations for RNDR. Some suggest the token could climb to $12.30 soon, with potential spikes reaching $22. Long-term projections are even more ambitious, with forecasts hinting at a rise to $150 based on logarithmic patterns.

This week’s X article dives into the latest updates from the @rendernetwork, including:

– Launching an all new AI Scout program
– RenderCon 2025 details
– Previews of NVIDIA RTX 5090 optimizations

Let’s explore in detail: 🔽 https://t.co/kiA1TwNNGt

— The Render Network (@rendernetwork) January 25, 2025

RNDR’s past performance further supports this optimism. The token has previously experienced a staggering 2,791% surge, rising from $0.47 to $13.64. This impressive track record suggests it has the potential to achieve even greater heights.

Priced at $7.07, RNDR is gaining momentum, trading just above its 100-day moving average and nearing a critical resistance level of $7.15. Analysts believe surpassing this level could result in a 20-30% short-term gain. With its bullish trajectory, a 250% increase by year-end seems attainable, positioning RNDR as a token to watch closely.

2. Jupiter (JUP)

Jupiter (JUP) has shown steady performance over the past six months, trading between $0.724 and $1.2. Despite a recent 3.89% dip in price, bringing it to $0.9186, the token demonstrates resilience. Notably, trading volume surged by 89.19%, signaling growing buying interest that could push JUP’s price above $1 as the market strengthens.

Excitement is building around Jupiter’s massive community airdrop, “the largest airdrop in history.” Scheduled as part of its annual “Jupuary” celebration, this event began on 22 January at 15:30 UTC. Over 700 million JUP tokens are distributed following a governance vote in December. This yearly program will continue until 2026, underscoring Jupiter’s commitment to community engagement.

In addition to the airdrop, Jupiter is expanding its ecosystem through key acquisitions. The platform recently secured a majority stake in Moonshot, a self-custodial app that allows users to buy meme coins using features like Apple Pay. Announced by Jupiter’s pseudonymous founder, Meow, this move highlights the growing popularity of meme coins, including the launch of Donald Trump’s token.

Jupiter has also acquired SonarWatch, a Solana-based portfolio-tracking tool. This strategic acquisition will enhance Jupiter’s platform by integrating SonarWatch’s features, though its standalone operations will be discontinued. Together, these developments strengthen Jupiter’s position in the market and showcase its growth potential.

3. Solaxy (SOLX)

Solaxy has positioned itself as a crucial solution for reducing network congestion on Solana. It recently secured $15 million in funding, a sign of strong investor confidence. Designed to optimize transaction flow, Solaxy ensures smooth and cost-effective transactions even during high-demand periods, addressing one of the biggest challenges the Solana blockchain faces.

As interest in meme coins grows, Solaxy has gained attention as one of the standout projects on Solana. The Solana network is known for its speed and scalability and has become a popular platform for launching meme coins, with Solaxy leading the way in innovation and adoption.

The recent surge in crypto activity, driven by meme coins and other high-profile projects, has significantly strained Solana’s network. This increased demand has caused transaction delays and higher fees, frustrating users and underscoring the need for scalable solutions. Solaxy offers a timely fix to this issue.

As Solana’s first Layer-2 solution, Solaxy operates on top of the blockchain to enhance its capacity. This enables faster, smoother, and more cost-effective transactions, even during periods of heavy activity. By alleviating congestion and maintaining the network’s renowned speed, Solaxy ensures a seamless experience for users.

With scalability becoming a critical focus in the crypto space, Solaxy stands out as a vital tool to preserve Solana’s performance while supporting its continued growth. Its innovative approach and strong backing make it a project to watch as the demand for efficient blockchain solutions rises.

Join Solaxy Presale Now

4. Starknet (STRK)

Starknet (STRK) has had a turbulent year, facing major price swings since February 2024. Following a significant airdrop, the token’s value plunged from $4 to under $0.50 as Ethereum infrastructure firm Nethermind and airdrop recipients sold off their holdings, increasing selling pressure. Despite this, STRK has shown remarkable resilience, climbing back to $0.708 by December 2024. A potential breakout now looms, with analysts eyeing short-term targets of $0.6 and $0.8, providing traders fresh opportunities.

A closer look at the daily chart reveals a falling wedge, a bullish pattern that often signals an upcoming price surge. Analysts believe STRK completed a five-wave decline earlier in March, followed by an A-B-C corrective move. The ongoing Wave C is projected to aim for $1.48, aligning with the 0.5 Fibonacci retracement level.

Resistance at $0.6 and $0.8 has become critical in the short term. If STRK breaks out of the wedge, it could push toward these levels, drawing greater investor interest. The recent price rebound underscores growing market confidence, with strong community support and active trading likely to fuel a rally further.

The @Starknet AI Ecosystem is going to explode.

Don't believe us?

Here's the proof 🔽

1. Unlike other AI tokens with flashy names and no real utility, Starknet builders are creating AI agents with actual onchain utility.

2. @daydreamsagents is a generative cross-chain agent… pic.twitter.com/N8bIKOmakL

— Starknet India (@StarknetIN) January 24, 2025

In other news, Starknet has introduced an innovative software suite called the Starknet (SN) Stack, enabling developers to build custom chains using its zero-knowledge (ZK) technology. This suite offers three presets: the StarkWare Sequencer, resembling the public Starknet stack; Madera, a fully customizable open-source configuration; and Dojo, a gaming-optimized mode.

Projects leveraging the SN Stack benefit from Starknet’s cutting-edge ZK-proof technology. As a Layer-2 Ethereum scaling solution, Starknet currently boasts $233 million in total value locked (TVL), ranking as the sixth-largest Ethereum Layer-2 network.

5. Basic Attention Token (BAT)

Basic Attention Token (BAT) is gaining attention in the crypto market, standing as the second-top performer today. Its price has climbed 6.18% in the past 24 hours, reflecting increased interest in its unique approach to digital advertising. As the core token of the Brave Browser, BAT rewards users for their time and attention while enabling advertisers to deliver targeted ads in a way that prioritizes privacy.

The market outlook for BAT is both stable and promising. With a 14-day RSI of 55.26, the token sits in a neutral zone, indicating balanced trading activity without signs of being overbought or oversold. Its 30-day volatility remains low at 5%, highlighting steady price movements that appeal to cautious investors. Furthermore, high liquidity, supported by a market cap-to-volume ratio of 0.1464, ensures smooth trading and reinforces its upward trend.

Millions of @brave users are getting a taste of @AbstractHotDogs in today’s New Tab Takeover! 🌭🔥

Earn $BAT with Brave Rewards just for viewing fun campaigns like this.

Thrilled to feature this project launching on @AbstractChain, redefining consumer crypto—debuting Monday! 💥 https://t.co/SCHWNQ2kNj

— Basic Attention Token (BAT) (@AttentionToken) January 25, 2025

BAT’s long-term performance showcases its resilience. The token is trading 4.95% above its 200-day simple moving average (SMA) and has recorded a 7.89% gain over the past year. While its yearly growth may not be as dramatic as other cryptocurrencies, BAT’s seamless integration into the advertising ecosystem highlights its potential for future growth.

The growth of BAT’s value could be tied to growing interest in privacy-focused technologies.

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