Best Crypto to Buy Now as Ethereum ETF Market Shows Bearish Sentiments #NewsETFs

The Ethereum price has once again dropped below the $2K level, and the news from the Ethereum ETF front isn’t that hot either. Shifting trading dynamics caused by Ethereum ETF outflows, which were $11.7 million on March 21st, has led to this condition.

As the market conditions have started to grow bearish, investors should start focusing on better options when looking for the best crypto to buy. The ones given in this article would be suitable picks for those looking for something more robust.

Best Crypto to Buy – Top Picks

Solana

While the Solana price action has been the same as Ethereum, as seen by the drop of 3% in the last 24 hours, there is a cause to get excited about this project since the first ever Solana futures ETFs have just launched.

These ETFs have been launched by Volatility Shares: Volatility Shares Solana ETF and Volatility Shares 2x Solana ETF. Their addition is signaling that heavy institutional interest may be coming towards Solana. Furthermore, hopes are high for Solana spot ETFs to be approved.

The arrival of institutional players could mean a parabolic increase for Solana, at least for a short-term. That could be a good thing to notice for retail investors.

And on the technological side of things, Solana has been bringing more updates to make the chain better. This and the long-term implications of a Solana ETF have made investors believe that Solana could be the best crypto to buy now.

Solaxy

Since Ethereum is currently subject to the volatility of the current market and the Pectra upgrade is yet to arrive, Solaxy is another alternative to pick.

According to the official website, Solaxy has been designed to provide L2 solution to the Solana blockchain, helping it become more efficient and scalable. The end goal of the project is to make “infinite” scalability possible for the Solana blockchain so that more apps and more meme coins could be created on it.

In addition to focusing on use cases, Solaxy is also very focused on memes, and its official social media channels are full of it. This blend of focusing on utility while still staying true to its memetic roots is what makes it one of the best meme coins on the market.

Solaxy aims to accomplish making Solana more efficient using rollup architecture, a way to enable batch processing to prevent network congestion. The platform is further set to include tools for application development.

And users won’t find it another standard meme coin that feigns utility; Solaxy does provide updates through the official website. These updates show that UI is in development and more could be coming for the ecosystem soon.

Buy SOLX In Presale Here

Bounce Token

Auction as a service is not a particularly novel niche, but the Bounce Token has been able to generate buzz through it. While it may not become the next Ethereum by any means, the project’s recent growth indicates that there is something to appreciate about its simplicity.

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In the last 24 hours, Bounce Token has moved up by more than 7%, which was followed by only a slight decline.

However, the overall trend continues to be green, which is the main reason this crypto has been added. With its listing on Binance, it already has access to a massive market.

The recent increase in the Bounce Token price is the result of the recent product line introduced. It is known as Bouncing Art On Chain, which is a way to tokenize real-world art on the BNB Chain. For art collectors, this is a truly unique approach, and could also be beneficial for investors looking for something more novel.

Another reason that this crypto could be interesting is that the upcoming bull run could result in the re-emergence of NFTs. The implication of real-world art and NFTs could mean better use cases, allowing NFTs to be more than just novel digital arts that were considered too expensive.

Underp

Uniswap, the native token of the world’s biggest decentralized exchange of the same name, has gone through some tough times on the price charts. However, there is a minor uptick in UNI price in the last 24 hours. The token has grown by more than 0.41%. While it is minor, it hints at what could come within this ecosystem as the bull run arrives.

Uniswap is already moving towards an innovative path, pouring millions into grants and introducing new use cases. In February of this year, Uniswap introduced the pink chain, allowing bridging on Unichain.

Upcoming developments include the arrival of Uniswap V4, for which the developers recently did a deep dive. Coinbase has started building Uniswap V4 hooks already. These developments could lead to Uniswap’s linear price increase over the next few years. In the short-term as well, the excitement around these developments could lead to parabolic gains for those who choose UNI as the best crypto to buy now.

Conclusion

​In the evolving crypto landscape, projects like Dogecoin, Meme Index, and Banana Gun present compelling opportunities. Their unique features and growth potential position them among the best crypto to buy now. ​

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