{"id":623446,"date":"2025-02-01T19:29:21","date_gmt":"2025-02-01T19:29:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623446"},"modified":"2025-02-01T19:29:21","modified_gmt":"2025-02-01T19:29:21","slug":"6-best-altcoins-to-watch-today-february-1-eos-solana-bnb-bitcoin-sv","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-watch-today-february-1-eos-solana-bnb-bitcoin-sv","title":{"rendered":"6 Best Altcoins To Watch Today February 1 \u2013 EOS, Solana, BNB, Bitcoin SV"},"content":{"rendered":"

In January, the XRP Ledger’s decentralized exchange (DEX) experienced significant expansion, with swap volumes reaching about $400 million, as Ripple CEO Brad Garlinghouse announced at the XRP Community Day event. This growth translated into an average daily transaction volume exceeding $17 million. Since starting operations in 2024, the DEX has facilitated over $1 billion in cryptocurrency exchanges.<\/span><\/p>\n

The surge in activity partly stems from the political shift with Donald Trump’s election as US President. Post-election, XRP saw its value increase dramatically by nearly 400%, hitting a peak of $2.90 before settling at around $2.50. This rise reflects investor confidence in the possibility of more crypto-friendly regulations under the new administration. In light of the positive crypto market wave, this article outlines other affordable tokens, particularly the <\/span>best altcoins to watch today.<\/p>\n

6 Best Altcoins To Watch Today <\/b><\/h2>\n

EOS has a current Total Value Locked (TVL) of $265 million, nearing its peak of $274 million. Ethereum Classic (ETC) boasts a large following with 415,000 holders. Binance Coin (BNB) has strategically decided to increase its value by removing 1.6 million BNB tokens from circulation, aiming to enhance rarity and elevate its market value. <\/span><\/p>\n

Coinbase is in the process of obtaining regulatory consent to offer futures trading for Solana. Bitcoin SV (BSV) maintains its presence in the market with 95,000 holders. Solaxy, presented as the first Layer-2 solution for Solana, has successfully gathered over $16.6 million in its presale, reflecting significant investor interest. <\/span>Tesla has seen a $600 million<\/span><\/a> increase in net income due to adjustments in its bitcoin accounting practices.<\/span><\/p>\n

1. EOS (EOS)<\/b><\/h3>\n

EOS currently has a Total Value Locked (TVL) of $265 million, close to its all-time high of $274 million. With 431K holders, EOS is trading at $0.7926, a slight increase of 0.82% over the last day. This growth has brought its market cap to $1.22 billion, with a daily rise of 0.84%. <\/span><\/p>\n

\"EOS<\/p>\n

The sentiment around EOS’s price prediction is currently neutral. Yet, the Fear & Greed Index is 68, indicating a greed-driven market. Over the past year, EOS has appreciated by 13%. It is trading above its 200-day simple moving average, precisely at 8.16% above the average price of $0.735376, a positive sign for long-term trends. <\/span><\/p>\n

\n

Tick tock, tick tock!<\/p>\n

Current $EOS<\/a> TVL: 265m $EOS<\/a>
TVL All Time High: 274m $EOS<\/a> pic.twitter.com\/a3zpJSD0FY<\/a><\/p>\n

— EOS Network (@EOSNetworkFDN) January 31, 2025<\/a><\/p><\/blockquote>\n