Top Cryptos to Invest in This April: 3 Coins with Big Potential
- As April begins, the digital assets in focus, Solana, Ripple, and Toncoin, stand out due to their reactions to key technical levels and major strategic moves.
- Several factors, like increased regulatory guidance, technological advancements, and tariff concerns from the president, are likely to shape the trajectory of these assets.
As we venture into April 2025, the cryptocurrency market is brimming with opportunities, with several coins showing impressive potential. Among the digital assets in the spotlight, Solana (SOL), Ripple (XRP), and Toncoin (TON) are capturing attention, thanks to recent developments and shifting market dynamics surrounding them.
1. Ripple (XRP)
Ripple’s XRP token has recently emerged from a protracted battle with the U.S. Securities and Exchange Commission (SEC), which concluded with the SEC dropping its litigation after nearly four years. Ripple also managed to reclaim $75 million of the $125 million originally on the table, marking a win for the company.
This resolution removed an overhang on XRP and ignited discussions about the possibility of an XRP Exchange-Traded Fund (ETF) being approved. As highlighted in a recent CNF report, multiple major issuers, including Bitwise, ProShares, and 21Shares, have already filed for XRP ETF products in the U.S., signaling growing institutional interest.
With the lawsuit behind it, investor sentiment has shifted positively. Leading on-chain metrics, including data from CoinCodex, predict that XRP could surge by as much as 80% in April, potentially surpassing its all-time high of $3.40 and reaching new heights around $3.78.
2. Solana (SOL)
Solana experienced a surge earlier this year, reaching an all-time high of $293.31 in January. However, it has since retraced nearly 57% from that peak, currently trading at $129, after a 4.63% increase in the past 24 hours and an 8.39% drop over the last 7 days.
Despite this, Solana’s fundamentals remain strong, driven by its high-speed transactions, boasting 65,000 transactions per second since its 2020 launch, and low fees.
As CNF reported, Solana has gained attention recently, especially following President Trump’s announcement to include Solana in the strategic reserve. This news sparked increased interest from major asset managers such as Grayscale, Fidelity, Franklin Templeton, and VanEck, all of whom have filed for a Solana ETF. Additionally, the launch of the Solana Policy Institute, a non-profit organization, aims to engage with policymakers and educate them on the vital role decentralized networks play in the global economy.
3. Toncoin (TON)
While Solana (SOL) and Ripple (XRP) have already solidified their positions as major players in the cryptocurrency space, Toncoin (TON) is steadily gaining momentum in 2025. Originally developed by the team behind Telegram, Toncoin aims to be a fast, scalable, and decentralized blockchain designed to support decentralized applications and digital payments.
From a market perspective, Toncoin is performing well. In the last 30 days, the coin has surged by 25.3%, with a 5.19% increase in just the last 24 hours, bringing its current price to $4.12. This puts it within striking distance of its all-time high of $8.25, currently just 50.03% below that peak. Despite this strong performance, Toncoin is now encountering key resistance levels between $4.15 and $4.50.
In addition to price action, market intelligence data from IntoTheBlock reveals that Toncoin has seen an uptick in large transactions, with a new record of $34.28 billion set last week. This surge in activity further highlights the growing interest in Toncoin and its potential for continued growth in April.
Recommended for you:
Credit: Source link