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Top Crypto to Buy as Market Shifts from Memecoins to Utility Tokens

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Expert analysts at Bernstein, a top research and brokerage firm, have opined that the larger crypto market is set to move away from pure meme coins and back to segments with real utility. These include gaming, DeFi, and NFTs.

Another interesting prediction from them comes in the form of a target for Bitcoin. They believe that with the new pro-crypto Trump administration pushing for a strategic Bitcoin reserve, the OG cryptocurrency’s price could cross the $200K mark by the end of 2025. $BTC is currently trading at $88,700.

Where is this heading, and what does it mean for the crypto market at large? Let’s unpack the news below.

Understanding the Reason Behind the Shift to Utility Tokens

The reason for this shift to utility tokens is simple.

Previously, under the previous SEC chairman Gary Gensler, there was regulatory uncertainty around utility cryptos and NFT projects. This ‘forced’ the market to invest in ‘useless’ meme coins to bypass action by authorities.

However, with the new pro-crypto chair Paul Atkins in charge of the SEC, regulations around crypto are going to change for the better.

We’ve already started to see changes, too. For instance, the SEC has all but confirmed the dismissal of its case against Coinbase.

Bernstein analysts believe this will redirect market liquidity back to utility tokens, as investors start to look for more value instead of pure meme coins. With that in mind, here are the best cryptos with real utility to buy right now.

1. Solaxy ($SOLX) – Top Crypto to Get If You’re After Tokens with Real Utility

As far as utility tokens go, how about one that can supercharge the trajectory of an entire blockchain? We’re talking about Solaxy ($SOLX).

And the blockchain in question is Solana ($SOL). You could say it’s been struggling because of success, seeing as the rising popularity of meme coins on the network has led to an influx of new investors.

Solana couldn’t cater to so many transaction requests simultaneously, leading to network congestion and slower throughput.

Solaxy ($SOLX)

$SOLX is a multi-chain token that will reduce the burden of these transactions on Solana. It will do so by executing transactions in batches and away from Solana’s mainnet. This will result in faster throughput, increased scalability, and lower costs.

Even in a relatively slow market, Solaxy’s presale has gone from strength to strength.

It has raised over $23M at the time of writing, and each token is currently available at just $0.001646. If this is your first presale purchase, here’s a guide on how to buy $SOLX.

2. Best Wallet Token ($BEST) – Native Crypto of the Best Crypto Wallet

As you might well know, the recent Bybit hack sent shockwaves through the crypto industry.

It forced everyone to reconsider the privacy and security credentials of crypto exchanges and wallets. Enter Best Wallet – the most secure and user-friendly crypto wallet on the market right now.

Best Wallet Token ($BEST)

Best Wallet puts the power back into your hands through its self-custody ecosystem.

This means that you’ll have full control over your stored crypto (unlike with custodial wallets on exchanges). Additionally, the app also offers 2FA/MFA and third-party insurance for your crypto funds to protect you against phishing and hacking attacks.

As the proprietary token of Best Wallet, Best Wallet Token ($BEST) offers a unique opportunity to invest in the app’s growth. Moreover, $BEST holders will also receive special benefits, such as lower transaction fees and higher staking rewards on Best Wallet, as well as early-bird access to the best crypto presales.

With over $10M raised so far, the $BEST presale’s success is proof that investors are keen on getting behind projects with real-world application. You can join this group of smart investors by shelling out just $0.024125 per token.

3. TRON ($TRX) – Aims to Eliminate Middlemen in Digital Content Sharing

TRON is a dedicated blockchain for creating decentralized applications.

It came into existence in 2017 when Justin Sun put his foot down and decided to create something that would empower digital content creators to not only share and spread their content but also earn a living in the process.

TRON ($TRX)

The main goal of TRON was to eliminate all intermediary streaming platforms. Simply put, viewers would directly be able to pay content creators using $TRX, the network’s native crypto.

TRON purchased BitTorrent in 2018 in an attempt to provide its users with faster download and upload speeds. BitTorrent, for those unaware, is one of the best P2P file-sharing systems in the world.

Although $TRX hasn’t moved much in the last few months, that’s probably a good sign. It shows the token is unaffected by market hype and has strong fundamentals.

Still, with over 67% gains in the last year and a breakout above the $0.24 level nearby, $TRX exhibits massive potential.

Bottom Line

These are the best cryptos to watch in the coming months as the world leans more into tokens with real utility.

It’s worth noting that even though cryptos like these are relatively safer than out-and-out meme coins, no investment in the crypto space is immune to the market’s volatility.

That’s why you should only dive in with an amount you don’t mind losing. Also, this article represents the best of our honest opinions and insights and should not be considered financial advice. We urge you to do your own research before investing.



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Solana Needs 15% Bounce After Multi-Year Support Retest

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology.

From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations.

In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn’t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored.

At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money.

After the failure of her home country’s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education.

Moreover, the peculiar nature of the crypto community sparked Rubmar’s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies ­–or her favorite memes.

In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school’s marching band.

She also has a passion for learning new languages and cultures, having set the goal to learn another six languages ­– currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats –hers or stray.

In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.



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Red Alert For Solana: 21% Price Drop Raises Fears Of Further Collapse

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Solana has taken a sharp nosedive, losing nearly 22% of its value and trading around $98.09. This steep drop has sent shockwaves through the crypto community, sparking fears of an imminent larger breakdown. SOL is now flashing red across the board, with sellers firmly in control and bulls scrambling to defend critical levels.

The decline highlights increasing bearish sentiment, likely fueled by technical breakdowns, weak market confidence, and rising concerns over broader economic trends. With the $100 psychological barrier now broken, all eyes are on the next key support zones.

Is A Deeper Correction On The Horizon?

In his recent post on X, King_Ab highlighted that Solana is currently trading around $98.09, marking a sharp 21.84% drop from its previous close. He further noted that the day’s trading session has been highly volatile, with SOL reaching a high of $120.07 and dipping as low as $98.06, underscoring the intense pressure in the market.

According to King_Ab, this substantial drop in Solana reflects the broader downturn witnessed across the cryptocurrency market over the past week. The decline isn’t isolated but rather part of a wider trend of risk-off sentiment as investors react to global macroeconomic uncertainty and shifting market dynamics. 

Solana

He pointed out that Solana’s market capitalization currently stands at approximately $51.15 billion, while its 24-hour trading volume hovers around $5.17 billion, indicating sustained trading activity despite the sharp correction. This combination of declining price and high volume could suggest either panic-driven sell-offs or aggressive repositioning by market participants

Critical Support Breached: Can Solana Hold The Line Below $100?

Solana’s drop below the key $100 mark signals a potential shift in momentum from bullish to bearish. This level has previously acted as a solid support zone, providing a bounce point during corrections. However, with the recent 21% decline, that line has been breached, and market sentiment is growing increasingly cautious.

For SOL to regain its bullish momentum, it needs to swiftly reclaim and sustain levels above $100 to avoid further downside pressure. If this key level remains unheld, Solana might drop to the next support zone around $79.25. A break below this level could accelerate bearish sentiments, opening the door for an extended decline toward the $58.25 support area, where the bears may gain additional control.

At this critical juncture, it’s essential to closely watch the price action for signs of stabilization or the risk of continued capitulation. As the bearish volume rises, Solana’s ability to reclaim the broken support level will likely dictate its short-term trajectory. Whether the price can recover above key levels will be a decisive factor in determining if the downtrend will persist or if a reversal is on the horizon.

Solana



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Analysts Eye 20% Breakout If This Level Is Reclaimed

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Amid the market retrace, Aptos (APT) has seen an 8% decline in the past 24 hours, falling below a key support zone for the second time this week. Despite the correction, some analysts consider that the cryptocurrency could be poised for a breakout soon.

Aptos Loses Macro Range Lows

During the March retraces, Aptos fell below a crucial support level for the first time since August 2024 but recovered 24% near the end of the month. However, APT followed the rest of the market and dumped 11% to close the March below key levels.

Analyst Rekt Capital noted that APT closed last month below its Macro Range Low of $5.44 for the first time. The cryptocurrency has been trading within the $5.45-$17 price range since 2023, retesting the range lows two times before.

Historically, “APT tends to develop bases here in the form of downside wicks for three-month periods,” he explained, adding that the cryptocurrency seems to be developing a third three-month base, with the difference that it has closed below this range for the first time in the monthly timeframe.

Aptos
Aptos monthly closes below macro range lows. Source: Rekt Capital

Following this performance, Aptos will need to reclaim the $5.44 level as support “to end this Monthly close as a downside deviation” and “avoid a bearish retest here.”

Previously, the analyst suggested that holding this level could reverse ATP’s price action in the coming months, as it has done with the other clusters. Additionally, he pointed out the previous consolidations included a “downside wicking below support.”

In his recent analysis, Rekt Capital considers that APT’s daily bullish divergence “is still something worth watching” as the cryptocurrency’s Relative Strength Index (RSI) continues to form Higher Lows despite the recent downside deviation, and its price “is trying to transition away from Lower Lows into a new Higher Low.”

According to the analyst, “a clear market structure is developing here, and a breakout from it would validate the Bull Div and set APT up for a reclaim of the Macro Range Low of $5.44,” which is key for a bullish rally.

APT To Reclaim $6.5 Resistance?

Analyst Sjuul from AltCryptoGems highlighted Aptos’ strength amid the market volatility, which saw Bitcoin (BTC) drop from $88,000 to $81,000 in the past 24 hours. APT dropped from the $5.40 mark to the $4.95 support.

The analyst considers that a retest of the local range lows could be necessary before the cryptocurrency aims for the next crucial level, as the current price zone has been tested many times.

Moreover, a reclaim of the $5.44 range could see the APT surge another 20% to the $6.5 resistance lost two months ago. Another market watcher suggested that Aptos is “showing potential for a bullish breakout as it trades within a descending channel.”

Per the chart, the cryptocurrency has been trading within a descending channel since early February, testing the channel’s lower and upper boundaries throughout March. “After testing the lower trendline, it may be finding support, and a break above the upper resistance will signal a significant rally,” the analyst concluded.

As of this writing, Aptos trades at $5.02, a 16.1% decline in the weekly timeframe.

Aptos, APT, APTUSDT
Aptos’ performance in the one-week chart. Source: APTUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com



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