Join Our Telegram channel to stay up to date on breaking news coverage
The cryptocurrency market appears to be entering a new phase, with momentum shifting gradually from Bitcoin to a broader range of altcoins. Following a year marked by key developments and volatility in Bitcoin, the market is seeking the next set of opportunities.
In this environment, digital assets that demonstrate strong utility, consistent development, and cross-chain compatibility are attracting more attention. With that in mind, this overview highlights some of the best cryptocurrencies to invest in right now. These tokens have shown notable traction across adoption, innovation, or investor interest and are worth watching closely as the broader altcoin market gains momentum.
Best Cryptocurrencies to Invest in Right Now
The NEXO token is currently priced at $1.06, representing a 3.13% increase over the last 24 hours and a 5.93% rise over the past week. Meanwhile, Solaxy is currently in its presale stage and has already attracted significant investor interest, with more than $31 million raised to date.
1. Nexo (NEXO)
Nexo is a digital asset platform focused on helping users manage and grow their cryptocurrency portfolios. It offers various services, including interest-earning crypto savings accounts, crypto-backed loans, and trading tools. The platform also provides liquidity solutions such as a crypto debit and credit card. Nexo combines financial services with blockchain infrastructure to make digital asset management more accessible and secure.
The platform operates under global regulatory frameworks and emphasizes customer support, offering around-the-clock service. Its offerings include flexible and fixed-term savings products, allowing users to earn yields on their crypto holdings.
Currently, the NEXO token trades at $1.06, reflecting a 3.13% gain in the past day and a 5.93% increase over the last week. Its market cap is approximately $688.56 million, with a notable surge in 24-hour trading volume, up by over 82%. Despite recent gains, the token remains 74% below its all-time high.
Strategy is best built on efficiency.
The Nexo Booster lets you increase your exposure by up to 3X using assets you already hold. #SpringStrategies
Scale your conviction – and your capital efficiency – simultaneously.https://t.co/tuSPtrgiKe
— Nexo (@Nexo) April 20, 2025
It is currently trading nearly 13% below its 200-day simple moving average. The 14-day Relative Strength Index sits at 58.00, suggesting neutral momentum. Over the past 30 days, volatility has remained low at 5%, indicating relatively stable price movement.
2. Story (IP)
Story is a Layer 1 blockchain built to support intellectual property (IP) management in the digital age. It allows creators to register, license, and monetize their IP directly on-chain. This structure aims to bring transparency and efficiency to how IP rights are attributed and used across the internet. Using blockchain, Story creates a record that cannot be changed, helping reduce disputes over ownership or licensing.
Meanwhile, IP trades at $3.78 with a market cap of $1.02 billion and a 24-hour trading volume of $124.88 million. The token has seen a 5.13% increase in price over the past day. Despite this recent gain, the price remains nearly 49% below its all-time high.
The 24-hour volume-to-market cap ratio sits at 0.1226, suggesting relatively strong liquidity. Market sentiment is leaning bearish, although the Fear & Greed Index reads 72, indicating optimism or possible overconfidence among investors.
Over the past 30 days, volatility has been moderate at 16%, which suggests that price swings have been relatively stable. Some market forecasts predict the token could rise significantly, potentially reaching $12.16 next month. Moreover, Story presents a novel use of blockchain for managing digital rights. Its focus on IP aligns with growing interest in creator-driven platforms.
3. Solaxy (SOLX)
Solaxy (SOLX) is a Layer-2 blockchain built on the Solana network. It aims to solve one of Solana’s main challenges by processing transactions off the main chain. This design helps lower transaction fees and speeds up confirmations, which may benefit users and developers during periods of high activity. Solaxy’s approach attempts to preserve Solana’s fast and low-cost structure while improving performance under strain.
The platform claims to handle a large number of transactions without sacrificing reliability. It also supports multiple blockchains, making it useful for developers working across different ecosystems. The recent launch of the Solaxy Chain Blockchain Explorer adds transparency, allowing users to view transactions and track token activity in real-time.
Currently, Solaxy is in its presale phase, with over $31 million raised so far. The SOLX token is priced at $0.001702 and can be purchased using cryptocurrency or traditional payment methods. This accessibility may help widen investor interest.
Take a trip in the Solaxy! 🛸🪐
31M Raised! 🔥 pic.twitter.com/0iTcX4cqxh
— SOLAXY (@SOLAXYTOKEN) April 21, 2025
Holders can also stake their SOLX tokens, with advertised returns of up to 129% annually. More than 8.9 billion tokens are reportedly held by investors, showing significant early participation. The team continues developing the ecosystem with recent updates to improve functionality and visibility.
4. Hyperliquid (HYPE)
Hyperliquid is a decentralized network designed to support high-speed trading and secure transactions. Recently, the Hyper Foundation expanded the validator set to 21 permissionless nodes. This means anyone can now become a validator and participate in securing the network.
Validators are selected based on the amount of stake they hold, and the top 21 form the active group responsible for validating transactions. This shift moves Hyperliquid closer to a more decentralized model, which helps reduce reliance on any single entity and improves network security.
To support this update, the foundation introduced a Delegation Program. This initiative allows token holders to delegate their stake to trustworthy validators. It aims to increase network reliability and encourage a broader and more diverse group of participants. The program is expected to launch soon, reflecting a broader effort to make the network more resilient.
Hyperliquid is currently priced at $19.05, up 4.83% in the past 24 hours. Moreover, consistent activity was observed, with 17 green days in the last month. Despite trading around 46% below its all-time high, market sentiment appears bullish. The Fear & Greed Index scores 72, suggesting positive market interest.
5. Convex Finance (CVX)
Convex Finance is a decentralized finance (DeFi) platform that simplifies earning rewards for users who provide liquidity on Curve Finance. Instead of staking liquidity directly on Curve, users can stake it through Convex. This approach enables liquidity providers to receive enhanced CRV rewards and additional incentives without needing to lock up their tokens. It also benefits CRV holders by increasing capital efficiency across the Curve ecosystem.
Currently, Convex Finance trades at $2.85, with a market cap of around $275 million and a daily trading volume of approximately $30.8 million. Over the past 24 hours, its price rose by nearly 9%. While the broader sentiment around the token is bullish, technical indicators suggest a neutral outlook in the short term. The 14-day Relative Strength Index (RSI) stands at 36.15, indicating the asset may be trading sideways rather than showing upward or downward momentum.
The platform has shown consistent engagement, recording 19 positive trading days in the last month. Over the past year, CVX has outperformed a majority of top-100 crypto assets despite only a modest 2% price increase during that period. Its volume-to-market cap ratio of 0.1125 suggests relatively high liquidity, which may facilitate smoother trading.
Convex plays a unique role in what is known as the “Curve Wars,” a competition for control over Curve’s governance. By offering optimized yield strategies, CVX continues to attract users looking to maximize returns.
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
