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The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. The market was sluggish for a couple of months, but things are starting to look up for altcoins. After a month of bearishness and losses, many investors hope to make gains reminiscent of 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. Babylon (BABY)
Babylon is opening up a new path for Bitcoin holders by letting them stake their BTC in Proof-of-Stake (PoS) networks without needing to wrap, bridge, or hand it over to third parties. This means people can keep full control of their Bitcoin while also earning rewards and contributing to the security of other blockchains.
The idea is to make Bitcoin more than just a place to store value. With Babylon, BTC can now be used in ways that benefit the broader crypto ecosystem, all while staying true to Bitcoin’s values of decentralization and self-custody.
Babylon has quickly become a popular infrastructure layer, thanks to support from over 250 finality providers, Cosmos validators, and wallet integrations. It is the most widely used Bitcoin-secured system in the modular blockchain space.
Babylon Genesis is Live: Secured by Bitcoin to Unite the Decentralized World
Babylon Genesis, the world’s first L1 blockchain secured by Bitcoin, officially launches today.
This launch cements the Babylon Bitcoin staking protocol as the foundational infrastructure layer for… pic.twitter.com/tPXa8npbWH
— Babylon (@babylonlabs_io) April 10, 2025
Big names like Polychain, Binance Labs (YZi), Paradigm, and Galaxy Digital have backed the project. Its fully trustless design distinguishes Babylon from competitors like Eigenlayer, Stacks, and Cosmos Mesh Security. It uses a mix of EOTS-powered slashing, native BTC staking, and a special Genesis chain to ensure safety and scalability.
Shortly after Babylon Genesis and its token BABY were introduced, another vital piece went live—SatLayer’s Phase I Mainnet. Alongside it came Cube, a Babylon-native liquid staking solution made for BABY tokens. SatLayer, as the only chosen restaking provider for Babylon Labs, is helping bring Bitcoin’s liquidity and economic strength to more use cases outside of traditional Layer 1 and Layer 2 chains.
2. Orca (ORCA)
Orca (ORCA) stands out as a decentralized exchange (DEX) that focuses on making token swaps fast and easy for users. As more people turn to DeFi platforms, Orca’s smooth trading experience could help increase its value in the long run.
At the time of writing, ORCA’s price is $3.31, having jumped 57.01% in the past week. The token peaked at $3.791 after starting the week as low as $1.6996. Its trading volume shot up by over 900%, indicating rising investor interest and the chance for more gains. Breaking past the $2.15 resistance level sparked a strong upward move for ORCA. This rally has been helped by more users buying and holding the token, showing clear confidence in the project.
Even though Orca is still a smaller DEX built on Solana, it’s benefiting from higher activity and solid partnerships. The platform currently holds around $258.32 million in total value locked (TVL) and gets more traffic from the Jupiter DEX aggregator. The token price and on-chain action are picking up speed as ORCA pulls out of its previous downtrend.
Keep up with the latest and greatest updates at Orca with our new Announcement feature! 🔔 pic.twitter.com/IoiYDU6KlB
— Orca ☀️ (@orca_so) April 10, 2025
Recently, Orca has been focused on upgrades. The Orca Governance Council just launched a live vote on a major proposal, which includes changes to tokenomics and a plan to burn 25% of the token supply. This marks one of the largest governance votes in the crypto space and shows how seriously Orca is taking its role as one of Solana’s top decentralized exchanges.
3. Solaxy (SOLX)
For a long time, fans of Solana’s all-in-one design have brushed off its network congestion. But with performance issues becoming harder to ignore, it’s clear Solana needs backup—and that’s where Solaxy steps in.
Solaxy is the first-ever Layer-2 solution explicitly built for Solana. Designed to ease congestion and boost efficiency, it uses features like transaction bundling and off-chain processing to help the network run smoother and faster. Backed by over $29.7 million in funding, the project has strong support behind its mission.
While Solaxy is built for Solana, it will first launch on Ethereum. A cross-chain bridge is being developed to connect both ecosystems. The SOLX token also has passive income potential—holders can stake their tokens for an impressive 137% annual yield.
$SOLX is building something for the ages. 🔥
Don't miss out on the future! 🛸🪐https://t.co/mdaTX9aVVx pic.twitter.com/4OfHzTsUm7
— SOLAXY (@SOLAXYTOKEN) April 11, 2025
Right now, investors can grab SOLX tokens for just $0.001692 in the presale. Payments can be made using BNB, ETH, USDT, or a bank card through the official Solaxy website. But time’s tight—a price increase is set to hit in less than 34 hours.
4. Internet Computer (ICP)
Internet Computer (ICP) has been climbing slowly but steadily, showing a 3.02% gain in the past day and reaching a price of $5.09. Over the last week, it also went up by 0.81%, drawing the attention of hopeful traders to the project’s future.
One key reason for this upward trend is ICP’s ability to stay above the $5.8 support level. Holding strong here helped the token break out of a falling wedge pattern. If it can break past $6, analysts believe it might hit higher targets at $8.75, $10.50, and even $13.75, indicating a strong chance of further gains.
Internet Computer’s growing connection with Bitcoin is fueling some of this excitement. This integration allows developers to build apps on ICP using Bitcoin’s security features, making the project more appealing to developers and investors.
The DFINITY Foundation—the team behind Internet Computer—released its 2024 Ecosystem Report earlier in the year. The report highlighted significant achievements, especially in cross-chain tech, such as the Chain Fusion protocol, which helps blockchains work smoothly.
Data sovereignty is in YOUR hands with ICP.
Not just another blockchain – ICP is a sovereign cloud where YOU control your code & data. Built on decentralization with 1000+ person-years of R&D, ICP evolves Bitcoin's principles into a true world computer.
Take back control.… pic.twitter.com/O9d9Kj6kGH
— DFINITY (@dfinity) April 11, 2025
A new technical team recently began exploring a partnership with the Hedera network. They aim to blend Hedera’s speed and security with ICP’s powerful tech to tackle three big challenges that affect blockchain, Web3, and AI development. This collaboration could lead to exciting new solutions that reshape how these technologies work together.
5. Chintai (CHEX)
Chintai is transforming asset management by digitizing real-world assets using blockchain. This approach brings better transparency and efficiency, especially now that the project has teamed up with Coinbase, adding more trust and exposure to its mission.
The CHEX token is at the center of Chintai’s ecosystem. It was trading at $0.1766 at press time after gaining 6.26% in the past 24 hours. Its market cap has increased by over 6% to $176.3 million, and its trading volume rose 11.07% to $1.24 million. These numbers reflect rising interest from investors and growing demand.
Chintai is also gaining attention through key partnerships. One major deal was made with Premier Art Holdings Ltd., a company focused on high-end art investments. Together, they launched The Premier Art Token (TPAT) to tokenize $50 million worth of fine art. This gives investors a new way to tap into the art market.
Another vital move was Chintai’s partnership with RealNOI, a real estate investment platform. The goal is to build a system that tokenizes cash flows from multifamily rental properties. This marks one of the first projects to let crypto users earn income from real estate, bringing traditional finance closer to the world of DeFi.
Chintai’s unique strategy and growing ecosystem make it a standout option for investing in projects that link blockchain with real-world value.
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