Cryptocurrency to focus this week
Beyond Bitcoin, several altcoins are capturing investor attention this week due to their strong fundamentals, recent developments, and market momentum
1. Ethereum (ETH)
Trading around $1,784, Ethereum remains the backbone of decentralized finance (DeFi) and NFTs. Post-merge upgrades have enhanced its scalability, and increased network activity is expected to test new highs.
2. Solana (SOL)
Currently priced at approximately $148, Solana is known for its high-speed transactions and low fees. It has outperformed other Layer 1 blockchains in key metrics, with applications generating $28.4 million in daily revenue, capturing a 75% market share.
3. XRP
Trading at $2.26, XRP has gained 5.3% in 2025, outperforming Bitcoin and Ethereum. The upcoming launch of XRP futures by CME Group on May 19, 2025, reflects growing institutional interest.
4. Avalanche (AVAX)
Priced above $50, Avalanche has rebounded with new partnerships and upgrades. Collaborations with Amazon Web Services and the launch of AvaCloud position it as a go-to platform for Web3 projects requiring speed and scalability.
5. Cardano (ADA)
At approximately $0.71, Cardano has seen nearly 200% gains in recent months. Analysts predict a potential move above its all-time high of $3.86, reaching up to $6 in the long term.
These altcoins offer diverse opportunities for investors looking to diversify their portfolios beyond Bitcoin.
