El Salvador’s Bitcoin banking push fuels fresh demand for altcoins, with GRT, LDO, and RAY leading the momentum.
Lido DAO dominates staking growth, Raydium surges on DeFi demand, while The Graph stays steady as a data powerhouse.
Rising trading volumes and TVL figures spotlight these three coins as prime picks for the best crypto to buy now.
El Salvador’s move to welcome Bitcoin investment banks has intensified the search for the best crypto to buy. The market has gained traction on a number of altcoins that have recorded good price movements and high trading volumes. The Graph (GRT), Lido DAO (LDO), and Raydium (RAY) are the new players that appear to be becoming the main competitors in this landscape.
The Graph (GRT) Maintains Stability Despite Mild Pressure
The Graph is currently trading at a price of $0.09926 following a daily decline of 0.85 percent with a constant market cap of 1.03 billion. Its 24-hour trading has traded $47.79 million, which is 17.7 percent lower in comparison to the last day. Four billion tokens of the total supply of 11.32 billion are in circulation.
The market cap chart reveals that the prices were very strong in the morning and later in the afternoon, although they experienced a decline in the middle of the day and recovered slowly throughout the afternoon. Such performance is a sign of strength in the face of slight selling pressure during the day. Nevertheless, the stable fundamentals of the coin allow it to remain in the talks about the best crypto to buy.
El Salvador has a Bitcoin-centric financial growth experience; many projects that are data-driven on blockchain, such as The Graph, may become more pertinent. Its indexing protocol can serve decentralized applications that follow the trending movement toward Web3. Hence, its involvement in the blockchain data space potentially puts it in a better place in the long run.
Lido DAO (LDO) experiences high growth in price and volumes
Lido DAO has increased by 16.08% in one day to the current rate of $1.40 with a market capitalization of 1.25 billion. The volume of trading has increased by 241.88 percent to the amount of 541 million dollars, providing the ratio between the volume and market cap of 42.95 percent. It has a current supply of 892.3 million LDO as compared to a total supply of 1 billion.
The daily chart shows steady growth from $0.945, peaking in the afternoon, dipping slightly, and climbing again into the close. This strong momentum suggests a favorable market outlook for LDO in the current crypto climate. Consequently, it remains in contention as the best crypto to buy for exposure to staking platforms.
Lido DAO’s $38.17 billion total value locked underscores its significance in Ethereum and other proof-of-stake ecosystems. Its liquid staking model offers flexibility, which can appeal to institutions entering via Bitcoin investment banks. Thus, its strong fundamentals and liquidity could keep it in the spotlight.
Raydium (RAY) Gains on Surging Trading Activity
Raydium’s price climbed 11.32% to $3.36, bringing its market cap to $901.5 million. Trading volume exploded 559.63% to $397 million, with a high 44.12% volume-to-market-cap ratio. Circulating supply is 268.08 million RAY out of a maximum of 555 million.
The price spiked early from $2.71 to above $3.30, stabilizing before a late push toward the day’s highs. This price behavior reflects heightened market participation and strong liquidity. Therefore, it remains a contender for the best crypto to buy in volatile market conditions.
Raydium’s $2.08 billion total value locked shows its strength in the Solana ecosystem. As El Salvador works toward a focused approach to leverage Bitcoin-related banking infrastructure, DeFi protocols such as Raydium may stand to gain with more individuals adopting crypto. These dynamics solidify its argument for being included in diversified crypto holdings.
