Why is Crypto Going Up? Best Altcoins to Buy Today

By: bitcoin ethereum news|2025/05/10 01:00:12
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With virtually all crypto going up today, knowing which altcoins to buy can make the difference between staying poor and becoming the next ‘crypto dude.’ To put it bluntly, Bitcoin’s price surged to $104K, leading to MARA Holdings (MARA), a Bitcoin mining company, bagging an impressive $214M in raw revenue, with the rest of the cryptocurrencies following closely. The sustained rally hit the crypto market like a sledgehammer, liquidating a total of $917M in shorts, with close to $400M in Bitcoin only. Coinglass displayed the 24-hour carnage in full NSFW-red, and the bulls couldn’t be any happier about it. As bears weep, the market is in full bull swing, with Bitcoin trading at $103,750 at the time of writing this article. New cryptocurrency projects like SUBBD Token ($SUBBD) and Solaxy ($SOLX) are expected to surge as a result. Crypto Going Up as Mass Investments Boost $BTC and Trigger the Hunt for the Next Altcoins to Buy Bitcoin’s chart performance is undoubtedly linked to the avalanche of recent investments, with Michael Saylor’s Strategy comfortably leading the pack. Strategy’s latest purchase amounted to 1,895 $BTC for the acquisition price of $95,167 and an investment value of $180M. This came a little over a week after the company acquired over 15K $BTC for a staggering bag of $1.4B. But today’s winner is MARA, as the company reported a 30% increase in revenue in Q1 2025, compared to Q1 2024. MARA’s Shareholder Letter highlights multiple important achievements over the last year, such as: Revenue increased from $165.2M in Q1 2024 to $213.3M in Q1 2025, for a total boost of 30% $BTC mining costs decreased by 25% from $38.1 per petahash per day in Q1 2024 to $28.5 in Q1 2025 Net income loss decreased by 258% to $533.4M ($1.55 per diluted share) in Q1 2025, compared to $337.2M ($1.26 per diluted share) in Q1 2024 Mined 2,286 $BTC during Q1, 2025, increasing its total Bitcoin holdings to 47,531 MARA’s Bitcoin acquisitions tell an even more compelling story, as the company’s $BTC holdings saw an increase of 175% from Q1, 2024, when they stood at 17,320. The moral of the story is that Bitcoin simply can’t disappoint and, like always, it’s dragging the whole crypto market with it. Here’s some green to prove it. To put it simply, we may have entered the altcoin season, with the best altcoins experiencing supported growth as Bitcoin pushes into new heights. Let’s be honest, you know it’s real when $ETH is leading the pack with a 23% growth. Naturally, it’s not only $ETH that piques our interest. Here are three of the most promising new crypto projects to keep an eye on. 1. SUBBD Token ($SUBBD) – AI-Driven Creator Platform Offering Easier Content Management SUBBD Token ($SUBBD) is an innovative creator-oriented platform that relies on AI-driven tools to streamline the content creation process. The project aims to solve several problems within the content creation sphere, like the disconnect between the fans and their creators and the excessive workload that creators need to manage. The SUBBD platform addresses these problems with the help of tools like the AI Personal Assistant, which manages the post-production process, and the AI Creator, allowing you to create and monetize virtual content creators. The project has already onboarded the top 1% of creators on the market and racks an impressive 250+M following. You can join the presale today before it takes off, as it’s already accumulated over $356K with a token price of $0.05535. Check our ‘how to buy $SUBBD’ guide and read our price prediction to understand the project’s long-term potential. 2. Solaxy ($SOLX) – Solana’s Layer-2 Upgrade Promises Lower Fees and Faster Transactions Solaxy ($SOLX) is Solana’s Layer-2 update, promising an extensive makeover of the blockchain’s ecosystem. Solana is currently facing several problems that impact its performance and overall reputation, such as high fees, slow transaction speeds, and network congestion. Solaxy’s off-chain execution and infinite trading scalability aim to resolve these problems in stages, as the project undergoes incremental updates. The latest update took place on May 6, and delivered improved node syncing speed, higher network stability, and better UI stability. Solaxy is one of the most popular new meme coins on presale with measurable utility, and the presale numbers speak volumes in this sense. The project has accumulated over $34M since its inception, with $SOLX valued at $0.001718. Solaxy currently offers staking rewards of up to 117% APY, so if you want to join the presale, check out our ‘how to buy $SOLX’ guide today. You can also read our price prediction for Solaxy to understand the project’s market potential. 3. Pepe ($PEPE) – The King Meme Coin Sprinting Up the Charts We all know and love Pepe ($PEPE), and we love it even more when looking at its chart performance. $PEPE is currently up 45% over the last seven days and 38% over the past 24 hours, and it doesn’t seem to want to slow down. As a pure and one of the best meme coins, Pepe holds no intrinsic value, but dominates the meme market nonetheless. The project stealth-launched in April 2023, and experienced two bull runs so far: one immediately after launch and the other between November 2024 and February 2025. Pepe has flatlined between February and May of this year, but it now exhibits bullish pressure, forcing its market cap up by 39.41% over the past week. Without snorting any FOMO, the data could show that we’re looking at a third bull run in the making. Crypto is Going Up – Are You Ready? Bitcoin is currently consolidating its position around $103K, while the entire crypto market is slowly injecting bull juice into its veins at a 3.7% concentration, according to CoinGecko’s chart. This, combined with Binance’s 73 points of greed on the Fear and Greed Index, sends a strong ‘buy’ signal. So if you want to grab onto Bitcoin’s coattails, you could do worse than look at the likes of Solaxy ($SOLX) and SUBBD Token ($SUBBD). However, don’t take this as financial advice. Always DYOR (Do Your Own Research) before investing, knowing that the crypto market remains moody and volatile, no matter how stable it may seem today. Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers. Source: https://bitcoinist.com/why-is-crypto-going-up-today-best-altcoins-to-buy/

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Is XRP a Good Investment in 2026? Why Is It Stuck at $1.45

XRP is up 6.7% this week, but exchange reserves remain high. Is a volatility spike imminent? We analyze price trend, ETF inflows, whale activity, and regulatory catalysts to answer: will XRP go up, why is XRP dropping, and is XRP a good investment right now?

TL; DR

What is XRP: XRP is a digital asset built for fast, low-cost international payments. It runs on the XRP Ledger and is used by Ripple for its On-Demand Liquidity (ODL) service. Unlike Bitcoin, XRP settles transactions in 3-5 seconds with near-zero fees.Why is XRP Dropping: XRP is not actively dropping, but it is struggling to rise. On the monthly chart, XRP has seen six consecutive months of decline. Currently, the price faces an additional supply wall at $1.45. About 1.24 billion XRP were bought in that range, and those holders sell when the price approaches, creating selling pressure that prevents a recovery.Will XRP Go Up: Potentially yes. XRP is trading near $1.43 and showing its best weekly performance since September 2025. If the price breaks above the $1.45 resistance, analysts expect a move toward $1.90, supported by strong institutional demand.Is XRP a Good Investment: The answer is not simple. Short-term traders may see opportunity in the coming volatility spike. Long-term investors face a bigger question that depends on one key regulatory event. However, the data reveals a surprising signal that most retail buyers are missing right now. To understand whether XRP is a smart buy or a trap at $1.43, you will need to read the full analysis below.What is XRP? A Digital Asset for Global Settlement

Before analyzing the charts, it is crucial to understand the asset in question. What is XRP? Unlike Bitcoin, which was designed as a decentralized digital gold, XRP operates on the XRP Ledger (XRPL). It was created to facilitate fast, low-cost international payments. Traditional bank transfers take days and incur high fees. XRP transactions settle in 3-5 seconds, costing fractions of a penny.

Ripple, the company associated with XRP, uses this asset for its "On-Demand Liquidity" (ODL) service. Banks and financial institutions use ODL to source liquidity during cross-border transactions without pre-funding accounts. This utility is the primary driver for institutional interest. Recently, the network hit a milestone of over 8 million active wallets, signaling growing usage despite recent price stagnation . Furthermore, Ripple is proactively preparing for the future, releasing a four-stage roadmap to make the XRPL "quantum-resistant," aiming to secure the ledger against future quantum computing threats by 2028 .

XRP Price Analysis: The Battle for $1.45

The XRP price trend over the last month tells a story of exhaustion followed by cautious recovery. On the monthly chart, XRP experienced six consecutive months of decline. However, April shows signs of a bottoming process. Weekly charts reinforce this view: after four weeks of lower closes, the last two weeks have seen small rebounds.

According to data from April 22, 2026, XRP is trading at approximately $1.44. Over the last seven days, XRP has outperformed both Bitcoin and Ethereum, rising 6.7% while the broader market rose only 3.2%. Spot trading volume surged 23% to $3.79 billion, and derivative markets saw $40 billion in futures volume on a single day.

Despite this, the price remains 60% below its July 2025 high of $3.65. The current technical picture shows a "low volatility grind" higher. The 20-day EMA is at $1.3924, and the 50-day EMA is at $1.4119, both acting as support . However, the immediate hurdle is the $1.45 resistance level. This price point has rejected every rally attempt in 2026.

Why is XRP Dropping? And Will XRP Go Up?

The primary reason for the recent "drop" (or lack of upward momentum) is not active selling, but rather the "supply wall." Data indicates that roughly 1.24 billion XRP tokens were purchased by investors in the $1.45 to $1.47 range. These investors have been waiting months to "break even." Every time the price approaches $1.45, these holders sell to exit their positions, creating a massive wall that retail buying cannot easily absorb.

However, the underlying momentum is shifting. Analysts suggest a xrp volatility spike imminent because the absorption capacity of buyers is increasing. Historically, when exchange reserves are high but the price refuses to drop significantly, it signals that buyers are absorbing the supply. The price has held above $1.39 despite the overhang, which is a sign of relative strength.

So, will XRP go up? Yes, potentially. But it needs a catalyst, if the price closes a daily candle above $1.45. If that happens, the next targets are $1.60 to $1.65, and eventually $1.90 .

XRP Exchange Netflow and XRP ETF Netflow: A Tale of Two Markets

The current market dynamic is best understood by looking at two opposing data streams: XRP Exchange netflow and XRP ETF flows.

Exchange Dynamics (Retail / Whales):

Data shows a complex pattern of "large inflows and increasing reserves." Recently, a Ripple-associated wallet moved 75 million XRP (approx. $108 million) to Coinbase. This initially looks like a dump, but context matters. These transfers are likely to provide liquidity for Ripple’s ODL business, not necessarily spot market selling. However, the result is that exchange reserves have climbed to 2.76 billion XRP .

The Good News: While reserves are high, the rate of increase is slowing. Specifically, "whale" transfers to exchanges have dropped 98% from their April 11 peak. The Binance reserve has slightly decreased from 27.7 to 27.6 billion. The aggressive selling from large holders appears to have stopped.

Institutional Dynamics (ETF):

While whales were sending coins to exchanges, institutions were buying XRP ETF products. XRP ETF net flow is strongly positive.

US-listed XRP ETFs recorded four consecutive days of inflows totaling $38.86 million recently .The weekly inflow for mid-April hit $119.6 million, a multi-month high .Cumulative net inflows stand at $12.8 billion, with Assets Under Management (AUM) at roughly $10.8 billion.Analyzing the Divergence: Why Both Flows Are Positive

It seems contradictory that exchange reserves are high (suggesting selling) while ETFs are buying (suggesting buying). However, this phenomenon reveals the current market structure.

Different Investor Profiles: The exchange inflows likely come from short-term traders, market makers, or Ripple itself providing ODL liquidity. These are "hot" coins ready to be sold. The ETF inflows represent "sticky" capital. Institutions buying ETFs are typically long-term holders (LTHs) or asset managers who do not day-trade. They are removing liquidity from the spot market by buying through custodians.The "De-risking" Trade: Sophisticated funds might be engaging in basis trading. They buy the ETF (taking a long position) while simultaneously shorting XRP futures or selling spot inventory to capture the funding rate. This keeps the price stable while volume increases.Absorption: The most likely scenario is that the market is simply absorbing the excess supply. The fact that the price is stable ($1.43) and not collapsing to $1.20 despite 2.76 billion coins sitting on exchanges is a massive win for the bulls. The ETF inflows are acting as a sponge, soaking up the selling pressure from the ODL wallets.The Regulatory Catalyst: The SEC and the CLARITY Act

Fundamentally, the recent price action cannot be separated from regulation. For years, the primary answer was the SEC lawsuit. That narrative is dying.

Ripple CEO Brad Garlinghouse recently praised SEC Chair Paul Atkins as "a breath of fresh air and sanity" . This regulatory thaw is critical. The SEC is reportedly considering dropping the long-standing lawsuit, and five XRP ETF applications are awaiting review.

The major catalyst on the horizon is the CLARITY Act. A Senate markup is expected before the end of April. Standard Chartered analysts project that if the bill advances, it could unlock $4 to $8 billion in institutional flows . Polymarket gives the bill a 60-66% chance of passing in 2026. If the CLARITY Act classifies XRP as a non-security (commodity), the institutional floodgates will open, likely overwhelming the $1.45 supply wall instantly.

Is XRP a Good Investment in 2026?

Given all this data, is XRP a good investment? The answer depends entirely on your risk tolerance and time horizon.

The Bull Case (Why it is a good investment): The risk/reward ratio is asymmetrical to the upside. The price is near multi-year lows relative to its utility. Whale selling has stopped, ETF demand is rising, and the network is expanding (8 million wallets, quantum resistance roadmap). If the CLARITY Act passes, XRP could realistically trade between $1.60 and $1.80 in the short term, with a potential run to $3.00+ if the lawsuit is officially dropped.The Risk Case (Why it is NOT a good investment): There is a clear resistance wall at $1.45. If the CLARITY Act fails or is delayed past May (due to midterm election dynamics), the "buy the rumor, sell the news" dynamic could reverse. If the price fails to break $1.45 and loses support at $1.33, a drop back to $1.15 is technically possible .

Verdict: XRP is a speculative buy for traders looking for a volatility spike. It is a hold for current investors. For new investors, it is only a good investment if you believe in regulatory clarity within the next 30 days. Technically, waiting for a confirmed break above $1.55 (to avoid the fakeout) is safer than buying at $1.43.

FAQ

Q: Will XRP go up if the CLARITY Act passes?

A: Yes, historically. Analysts predict that if the CLARITY Act passes, signaling that XRP is a commodity, it would remove the regulatory overhang. This could trigger a surge in institutional buying, pushing the price from the current $1.43 range to test the $1.80 - $2.00 resistance levels quickly.

Q: Why is XRP dropping when Bitcoin is going up?

A: XRP has specific supply dynamics. Unlike Bitcoin, which has a fixed supply issuance, XRP faces periodic sell-pressure from Ripple's treasury wallets used to fund ODL (liquidity) services. Additionally, the $1.45 "break-even" wall causes XRP to drop relative to BTC when short-term traders exit.

Q: Is a volatility spike imminent for XRP?

A: Yes. The Bollinger Bands on the daily chart are squeezing. The price is stuck between support at $1.33 and resistance at $1.45. Historically, when XRP volume surges 23% in a week (as it did on April 21), it precedes a violent move. The direction depends on whether the $1.45 resistance breaks.

Q: What is the XRP ETF netflow status?

A: As of late April 2026, XRP ETFs are seeing positive netflows. The US ETFs recorded a single week inflow of $119.6 million in mid-April. Cumulative inflows are strong at $12.8 billion, indicating that institutions are accumulating during this dip, which is a long-term bullish signal for price stabilization.

Q: Is XRP a good investment for beginners?

A: XRP is less volatile than "meme coins" but more volatile than Bitcoin. For beginners, it is a moderate-risk investment. Its value is tied to real utility (bank payments). However, beginners should wait to see if the price can close a weekly candle above $1.55 before entering, to avoid buying into the current resistance wall.

Disclaimer: None of the information in this article constitutes, or is intended to constitute, investment advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Always do your own research.

About WEEX

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