by Coinstrooper Crypto Articles
Quick Take
  • Market routs are often the best time to enter crypto.
  • As Bitcoin ($BTC) fights to retake $70,000, many established digital assets are now trading at a substantial discount relative to recent highs.
  • The long-term trend indicates global adoption is all but inevitable.
  • In this context, signs indicate that XRP, Solana, and Dogecoin could be the best crypto to hoard before the next bull run.

What Happened

U.S. authorities recently approved spot XRP exchange-traded funds (ETFs), giving institutional and retail investors regulated exposure to the asset.

Trading near $81, SOL remains well below its 30-day moving average. Its relative strength index (RSI) is hovering around 27, a level that often signals oversold (and undervalued) conditions, inviting long-term investors to buy in now at a relative discount.

Introduced in 2013, Dogecoin ($DOGE) remains the first and largest meme-based cryptocurrency, with a market cap above $15 million.

Market Context

Market routs are often the best time to enter crypto.

As Bitcoin ($BTC) fights to retake $70,000, many established digital assets are now trading at a substantial discount relative to recent highs.

With a market capitalization of $83 billion, XRP ($XRP) is the biggest crypto for fast and low-cost international payments.

Both the United Nations Capital Development Fund and the White House have reported on XRP as a next-generation payment systems, underscoring the seriousness of Ripple’s achievement.

Solana ($SOL) is the largest smart contract blockchain outside of Ethereum. The network hosts $6.35 billion in total value locked (TVL), while SOL capitalizes $46 billion.

DOGE surged to prominence during the 2021 bull market driven by endorsements from Elon Musk, Snoop Dogg, and Gene Simmons.

While it began as a parody, Dogecoin’s sheer size helps dampen the extreme volatility seen in other meme coins. As a result, DOGE often trades more stably, like major assets such as Bitcoin, Ethereum, and XRP.

If overall market sentiment improves, DOGE could see substantial gains, potentially climbing from its current $0.09 level to $0.50 by mid-year: a more-than-fivefold increase.

Why It Matters

The long-term trend indicates global adoption is all but inevitable. In this context, signs indicate that XRP, Solana, and Dogecoin could be the best crypto to hoard before the next bull run.

Further positive developments could push XRP toward $5 before the end of Q2.

A decisive breakout above resistance zones around $200 and $275 could open the door for SOL to revisit, and potentially exceed, its previous ATH of $293.31 before the end of Q2.

Details

Let’s look at the charts.

XRP (XRP): Ripple’s SWIFT Challenger to $5 and Beyond

Ripple created the XRP Ledger (XRPL) to provide banks and financial institutions with a more efficient alternative to SWIFT.

To that end, Ripple recently detailed a new plan focused on institutional payments and asset tokenization, positioning XRP as the central utility asset within its infrastructure.

Solana (SOL): Is Ethereum’s Top Challenger Preparing a Major Move?

Solana continues gaining traction as a preferred blockchain for real-world asset tokenization. Major asset managers, including BlackRock and Franklin Templeton, have begun issuing tokenized financial products on the network.

Dogecoin (DOGE): Does the Path to $1 Still Exist?

The “Dogecoin to $1” narrative continues to rally fans.

New Bitcoin Presale Is Using Solana’s Speed to Supercharge BTC, And It’s Gaining Serious Momentum

Bitcoin Hyper ($HYPER) is a powerful new presale bringing Solana’s high-speed tech to Bitcoin, creating the first real Layer 2 where BTC becomes fast, affordable, and usable.