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This week, several economic events in the U.S. could influence the cryptocurrency market, with investors closely monitoring key data releases. Market sentiment shifted following President Donald Trump’s executive order to establish a crypto strategic reserve. This signals increased governmental interest in digital assets. Additionally, the upcoming White House Crypto Summit on March 7 could shape the regulatory framework for digital currencies.
Amid these developments, the total crypto market volume surged 60.79% in the last 24 hours to $186.75 billion, reflecting heightened trading activity. As uncertainty looms, investors look for assets with growth potential. Ethena, Raydium, and Ethereum Classic are gaining attention for their unique value propositions. This article analyzes some of the best crypto to buy right now.
Best Crypto to Buy Right Now
Ethena has integrated Chaos Labs’ Edge Proof of Reserve (PoR) Oracles to enhance transparency within its ecosystem. Meanwhile, the Avalanche Foundation, in collaboration with Rain, a Visa Network issuer, has launched the Avalanche Card.
BTC Bull has also gained attention, raising over $3 million during its initial coin offering (ICO). Additionally, U.S. President Donald Trump has made new statements regarding a U.S. crypto reserve, contributing to renewed optimism in the market.
1. Raydium (RAY)
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain. It connects with the Serum decentralized exchange (DEX) by integrating its liquidity into Serum’s order book. This setup allows users to provide liquidity while having their funds interact with a larger trading ecosystem.
The platform uses its native token, RAY, for multiple functions. Users can stake RAY to earn a share of protocol fees, gain access to token launches through initial DEX offerings (IDOs), and vote on governance decisions that shape the platform’s future.
Currently, the price of Raydium is $2.83, reflecting a 23% increase in the last 24 hours. Compared to its market cap, the trading volume is 0.3517, indicating strong market activity. Liquidity remains high relative to its overall value. The 14-day Relative Strength Index (RSI) stands at 66.69, suggesting neutral market momentum, meaning price movements may stabilize in the short term.
Raydium’s integration with Serum sets it apart from other AMMs by offering users access to a broader liquidity pool. Its staking and governance features provide additional utility for RAY holders. Market data suggests strong activity, though current indicators point to a neutral trading outlook.
2. Ethena (ENA)
Ethena is developing USDe, a synthetic dollar designed as an alternative to traditional stablecoins. Unlike conventional options backed by cash or bonds, USDe uses cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC) as collateral.
Recently, Ethena integrates Chaos Labs’ Edge Proof of Reserve (PoR) Oracles. to enhance transparency. These oracles provide real-time tracking of USDe’s reserves, offering users insight into the assets backing the stablecoin. The system independently verifies that reserves remain sufficient, approved by governance, and unaffected by market swings.
Additionally, Ethena enables secure data access for third-party verification. Chaos Labs and other providers can independently assess and publish reserve data, strengthening trust in USDe’s backing. This setup ensures continuous oversight, reducing reliance on internal reporting.
Ethena is reinforcing its commitment to transparency by integrating @chaos_labs Edge Proof of Reserve (PoR) Oracles which will enable real-time daily transparency into the collateral backing of USDe
Ethena will provide secure read API access across the entire system within an… https://t.co/oCku23kFmJ pic.twitter.com/W75k4qppBq
— Ethena Labs (@ethena_labs) February 25, 2025
Ethena’s price is currently valued at $0.39, reflecting a 5.77% decline in the past 24 hours. Despite the drop, it maintains high liquidity, with a 24-hour trading volume nearly matching its market capitalization. This suggests active trading and accessibility in the market.
By integrating automated monitoring and external verification, Ethena aims to improve USDe’s reliability. The protocol’s structure seeks to offer a more transparent and resilient stablecoin, particularly in market uncertainty.
3. Avalanche (AVAX)
The Avalanche Foundation and Rain, a Visa Network issuer, have introduced the Avalanche Card, allowing users to spend cryptocurrencies like USDC, USDT, AVAX, and wAVAX wherever Visa is accepted. This card provides a way to use digital assets for everyday transactions, making cryptocurrency spending as straightforward as traditional fiat payments.
This development is part of a larger trend of bringing blockchain technology into mainstream financial services. It gives users more ways to manage their crypto holdings.
Avalanche (AVAX) is currently trading around $23, experiencing a slight 2% decline over the past week. However, it has recorded a 6.64% increase within the last 24 hours. Analysts suggest that AVAX may see a modest rise of 1.01%, potentially reaching $24.89 by the end of the month.
The Avalanche Card simplifies crypto spending by seamlessly supporting Avalanche-native USDC, USDT, AVAX, and Wrapped AVAX (wAVAX), allowing users to transact just as easily as they would with fiat—no complex conversions required.
Learn more 👇 pic.twitter.com/VeQ0dFsvAO
— Avalanche🔺 (@avax) February 27, 2025
Market indicators show that AVAX’s liquidity is relatively high based on its market cap, with a 24-hour volume-to-market cap ratio of 0.1270. The 14-day Relative Strength Index (RSI) is at 41.90, indicating neutral momentum, meaning the price is not overbought or oversold. Additionally, AVAX’s 30-day volatility is at 12%, suggesting moderate price stability.
4. Ethereum Classic (ETC)
Ethereum Classic (ETC) is a blockchain-based platform for running smart contracts and decentralized applications. It operates on a decentralized network, meaning no single entity controls it. Smart contracts on Ethereum Classic execute automatically when conditions are met, allowing various applications to function without intermediaries.
The platform maintains its original blockchain structure after a major split from Ethereum in 2016. It continues to support decentralized applications and aims to provide a secure and censorship-resistant platform.
At the time of writing, Ethereum Classic is priced at $19.94, with a daily trading volume of $644.01 million. Its total market value is $3 billion, making up 0.10% of the total cryptocurrency market. In the past 24 hours, its price increased by 1.70%. The ratio of trading volume to market cap is 0.2241, indicating a relatively high liquidity level.
Price fluctuations remain moderate, with 30-day volatility at 7%. This suggests that ETC is experiencing relatively stable price movements compared to more volatile assets. Based on recent projections, the price could rise by 175.94%, potentially reaching $54.97 by April. However, price predictions depend on market conditions, investor sentiment, and broader economic factors.
5. BTC Bull Token (BTCBULL)
BTC Bull Token (BTCBULL) is a cryptocurrency designed around Bitcoin, offering rewards and a deflationary mechanism. The project has raised over $3 million in its ICO so far. It aims to attract investors by distributing Bitcoin rewards and reducing token supply as Bitcoin’s price increases.
Holders receive BTC when Bitcoin reaches specific price milestones. These airdrops occur at levels like $150,000 and $200,000, with the amount of Bitcoin received depending on the number of BTCBULL tokens held.
Additionally, the project includes a burning mechanism that starts at $125,000 and continues in $50,000 increments. Token burns permanently remove BTCBULL from circulation, potentially increasing its value over time.
The total supply is limited to 21 billion tokens. Investors can buy BTCBULL with cryptocurrency or a bank card through the Best Wallet app. The BTCBULL token is valued at 0.00239 set to rise again within hours. BTCBULL offers a structured approach to rewards and supply reduction. The Bitcoin-based incentives and burning system encourage long-term holding.
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