Major cryptocurrencies may be struggling to pick up momentum, but many traders are using this time as an opportunity to buy high potential coins on the cheap before the next bull run.
With that in mind, here are four of the most promising cryptocurrencies to buy right now.
Solaxy ($SOLX)
Investor interest in Solaxy ($SOLX), a Layer 2 solution for Solana, continues to grow despite the broader market downturn, with presale funding now exceeding $26 million.
Solaxy aims to tackle Solana’s congestion issues by handling transactions off-chain, a crucial enhancement that alleviates pressure on the mainnet, especially during peak demand periods.
The project’s development team has been actively engaging with the community, sharing regular updates on its progress.
On March 7, the team revealed several key advancements, including expanded wallet support.
Solaxy has partnered with major wallet providers to simplify user interactions, eliminating the need for technical expertise.
The team is also developing a dedicated bridge UI using the Hyperlane repository, enabling seamless cross-chain transfers between Solana, Base, Ethereum and Solaxy.
As Solaxy continues hitting major milestones, it is closing in on its funding targets, meaning the window for early investment in Solana’s first Layer 2 chain may be narrowing.
The $SOLX native token is priced at $0.00166, offering an annual 157% staking reward.
MIND of Pepe ($MIND)
MIND of Pepe ($MIND) is a new project blending AI and meme culture, which has captured investor interest, with its presale approaching the $7.2 million milestone.
MIND of Pepe aims to tackle key challenges in crypto trading, particularly the difficulty of keeping up with rapidly shifting market conditions.
The project introduces an AI-driven agent acting as a digital brain that scans the market for early trend signals.
Whenever the AI detects valuable insights, it shares them exclusively with MIND token holders via a private community channel.
The broader AI sector is also gaining momentum, especially following Donald Trump’s pledge to enhance AI infrastructure in the U.S.
In January, he announced Stargate, a $500 billion collaboration between OpenAI, SoftBank, and Oracle.
Against this backdrop, AI-driven tokens like MIND of Pepe are well-positioned to attract further capital.
For interested investors, $MIND tokens are available at $0.0034955 per token, and holders are set to enjoy an annual staking reward of approximately 312%.
Ethereum ($ETH)
Despite maintaining dominance for over a decade, Ethereum’s performance in this market cycle has been underwhelming.
The second largest cryptocurrency failed to reach a new all-time high and has since dropped over 50% from its cycle peak.
ETH/USDT 30-day Chart/Source: TradingView
However, some market participants believe recent positive developments could revive interest in Ether ($ETH), the native cryptocurrency of the Ethereum network.
Earlier this month, the Cboe BZX Exchange submitted a proposal to the U.S. Securities and Exchange Commission (SEC) requesting authorization to incorporate staking capabilities into the Fidelity Ethereum ETF.
ETF holders can earn rewards by validating transactions and strengthening network security if approved.
From a technical perspective, Ethereum has broken below a long-term ascending support trendline held for nearly 1,000 days.
This bearish momentum saw $ETH close below the $2,200 horizontal support zone for the first time in 2025, plunging below $1900 for the first time since 2023.
Hedera ($HBAR)
Hedera ($HBAR) is a decentralized ledger platform designed for secure data and transaction management on the blockchain.
Unlike traditional blockchains, it utilizes hashgraph consensus technology, enabling decentralized applications to operate with high speed, efficiency, and security.
$HBAR/USDT 30-day Chart/Source: TradingView
This model has positioned the ledger as an attractive partner for institutional collaborations.
Notably, it recently secured a five-year, $250 million partnership with Saudi Arabia’s Ministry of Investment (MISA), unveiled during the Saudi-Swiss Roundtable Meeting on February 6.
These strategic developments have positively impacted $HBAR’s market performance.
The token has delivered an impressive year-to-date (YTD) gain of 55.73%, pushing its market capitalization above $8 billion and securing its place among the standout 15 cryptocurrencies globally.
However, technical analysis suggests a cautious outlook.
$HBAR trades below the 50-day simple moving average (SMA) of $0.22, indicating potential selling pressure.
If buyers manage to push $HBAR above the $0.24 resistance level, the $HBAR/USDT pair could see an upward move toward $0.32.
