Join Our Telegram channel to stay up to date on breaking news coverage
On May 13, President Trump declared that the crypto markets are experiencing massive trends, and within the hour, crypto markets began showing a sharp uptick. Investor enthusiasm surged further after news broke that Saudi Arabia plans to invest up to $600 billion in the United States.
This wave of optimism has prompted a renewed search for the best crypto to invest in right now as traders and long-term holders look for tokens poised for significant growth. This article highlights standout projects with notable momentum, helping to simplify the search process for those seeking promising assets.
Best Crypto to Invest in Right Now
Sonic Labs has disclosed a $10 million token sale to Galaxy. At the same time, Avalanche is trading at $26.49, marking a 9.01% increase in the last 24 hours. The SOLX project has secured over $33 million in its presale phase.
In the broader market, leading meme coins have posted gains of up to 110% over the past week, coinciding with a recent easing in tariff tensions between the U.S. and China.
1. Sonic (S)
Sonic Labs recently announced a $10 million strategic token sale to Galaxy, revealed during the Sonic Summit in Vienna. This is set to strengthen Sonic’s position in the U.S. and support its development of dApps.
The investment highlights Galaxy’s interest in Sonic’s infrastructure, particularly its compatibility with the Ethereum Virtual Machine (EVM). This feature allows developers to build applications on Sonic using familiar Ethereum tools, speeding up adoption. Sonic’s technology is designed to support high transaction throughput.
At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ.
This investment strengthens our US market position and provides critical support for our DeFi ecosystem.
🔗 https://t.co/owtQ0SS1bi pic.twitter.com/4ZFJRHlmXw
— Sonic Labs (@SonicLabs) May 12, 2025
The S token, used within the Sonic ecosystem, is changing hands at $0.6024 and has gained over 7% in the past 24 hours. Despite being down 42% from its all-time high, the token shows relatively high liquidity based on its volume-to-market cap ratio. Trading activity suggests solid interest, and current sentiment leans bullish.
According to forecasts, the token could see a substantial price increase in the near term, as the Galaxy partnership could serve as a turning point for Sonic, especially in attracting institutional users and expanding its footprint in key regions.
2. Maker (MKR)
Maker (MKR) is the governance token for MakerDAO and the Maker Protocol, which operate on the Ethereum blockchain. These systems enable users to issue and manage DAI, a decentralized stablecoin designed to maintain a consistent value against the U.S. dollar. The value of MKR tends to align with the success and stability of the DAI ecosystem.
Recently, MakerDAO took a significant step toward transitioning from MKR to a new token called SKY. A governance vote approving this upgrade passed on May 8. The final phase, known as the Executive Vote, will determine if the deployment of SKY begins. If approved, the upgrade process will roll out gradually.
The Governance Poll to finalize the upgrade from MKR to SKY was approved on May 8.
One step remains: an Executive Vote is required to activate the upgrade plan. If passed, deployments will begin progressively.
Here’s a simple breakdown of what the plan includes. https://t.co/Y6izVTu8jU
— Sky (@SkyEcosystem) May 12, 2025
At the time of writing, Maker is priced at approximately $1,939.50, reflecting an 11.56% gain over the last day. Its market cap is $1.61 billion with a 24-hour trading volume of $79.64 million. The token’s liquidity appears solid, as shown by its volume-to-market-cap ratio of 0.1218.
Maker has posted 19 positive trading days in the past month and is trading around 12% above its 200-day simple moving average. Despite these gains, technical indicators such as the 14-day Relative Strength Index (RSI) at 46.42 suggest a neutral market stance, with prices possibly moving sideways in the short term. The sentiment remains cautiously optimistic, supported by ongoing community governance activity.
3. Avalanche (AVAX)
Avalanche is priced at $26.49, showing an intraday gain of 9.01%. It has recorded 16 positive trading days in the past month, suggesting a relatively stable market presence. Its 24-hour volume-to-market-cap ratio of 0.1045 indicates moderate liquidity, making it relatively easier for traders to enter or exit positions without large price swings.
The Relative Strength Index (RSI) over 14 days is 64.04. This value places the token in a neutral zone, suggesting that it is neither overbought nor oversold and may continue to trade sideways in the short term. The 30-day volatility remains low at 8%, pointing to consistent price movements without major fluctuations.
Sentiment around Avalanche is currently bullish, supported by a “Greed” reading of 73 on the Fear & Greed Index. This implies strong market interest, though such conditions can sometimes precede corrections.
Avalanche has also performed above its original token sale price, reflecting long-term investor gains. While it has not yet overtaken Ethereum in market dominance, its focus on transaction speed and network efficiency continues to make it a contender in the smart contract space.
4. Hyperliquid (HYPER)
Hyperliquid is a Layer 1 blockchain designed to improve the speed and performance of decentralized finance (DeFi) systems. Its infrastructure is built from the ground up, with a unique consensus mechanism called HyperBFT. This system ensures quick transaction confirmation while maintaining network security.
Recently, USDT0 became a network validator on Hyperliquid through a partnership with Luganodes, a provider of staking infrastructure for institutional clients. This collaboration aims to boost the platform’s stability and strengthen its DeFi functionality. By integrating USDT0, Hyperliquid could improve cross-chain liquidity, which may lead to smoother interactions between blockchains and a better experience for users participating in DeFi protocols.
Hyperliquid is currently valued at $26.08, showing a 24-hour gain of 6.55%. Over the past month, its price has increased by over 63%, with 17 out of the last 30 days ending in positive territory. Market sentiment remains bullish, and the Fear & Greed Index indicates a “greed” phase at 73.
Hyperliquid reached a new all-time high in open interest of >$5.6B. pic.twitter.com/x8A6f7RhHY
— Hyperliquid (@HyperliquidX) May 11, 2025
Furthermore, Open interest in the platform has reached a record high of over $6.7 billion, signaling growing market engagement. While the token is still 25% below its all-time high, its ongoing technical developments and strategic integrations suggest growing interest in the platform’s long-term utility.
5. Solaxy (SOLX)
Solaxy is the first Layer-2 network built on top of Solana. It aims to address performance issues that have affected Solana in the past, such as transaction failures, congestion, and reliability limitations. By acting as a secondary processing layer, Solaxy intends to improve the speed and efficiency of transaction handling while reducing users’ costs.
With over $33 million raised during its presale, the project has attracted notable investor interest. At the time of writing, the native token $SOLX is priced at $0.001724, though this rate is only available for a limited time. Solaxy also offers a staking program with potential annual rewards of up to 113%, which may appeal to users seeking passive income.
On the technical side, Solaxy‘s development team has made updates to improve the network’s performance and stability. These include faster node syncing, smoother database changes, and a more reliable testing environment. The project has also refined its user interface and optimized its rollup systems, which bundle transactions before posting them to the base Solana chain, helping to reduce network strain.
The team plans to roll out a testnet bridge soon, allowing broader public testing of its cross-chain functionality. While there is speculation about future exchange listings, official announcements are still pending.
Read More
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage