The price of Ethereum has dropped 1.5% since last week. Fortunately, however, there has been an increase of almost 2% in its value over the last 24 hours, resulting in macro trends that show a potential golden cross beginning to emerge.

With the 50-day moving average crossing above the 200-day moving average, signals are emerging that a long bullish phase may be on the way. This has created more confidence in the market, with people rushing to find the best cryptocurrency to buy now before reaping the potential gains that may come from it.

Why is the Golden Cross of Ethereum Important?

The cryptocurrency market has become increasingly volatile due to geopolitical conditions involving war and regulations. Top cryptocurrencies like Bitcoin and Ethereum have struggled against this backdrop, trying to survive the bearish attack with bulls emerging quickly.

In the case of Ethereum, the cryptocurrency was once consolidating along an upward channel. However, the recent market downturn caused the pattern to break. And even though the rise helped put it back in play, trading volumes have been low.

The emergence of a golden cross in this case is enough to give hope to people. And given that proposals are emerging to make Ethereum faster, people are trying to find the golden opportunity to invest in Ethereum and achieve long-term gains.

Why is a Golden Cross Forming?

There are a few key fundamental reasons why a golden cross has begun to emerge on the Ethereum price chart. On one hand, the recent rise was rapid and nearly pushed the price of ETH back into the upward channel.

Secondly, institutional accumulation for Ethereum ETFs is increasing. BlackRock and Fidelity alone have invested over $21 million in Ethereum ETFs. On-chain data also shows that whale wallets have accumulated over 871K ETH in a single day, which is the largest daily net inflow of the year.

For almost a week, the daily accumulation of whales has exceeded 800K #ETH, pushing holdings in wallets of 1k–10k to >14.3M #ETH. On June 12, whale #Ethereum added over 871K $ETH — the largest daily net inflow of the year.

This buying scale had not been seen since 2017. pic.twitter.com/zCMj9HX6Ft

— glassnode (@glassnode) June 17, 2025

Another reason is the decreasing volatility, which, at least for now, has helped Ethereum remain steady. This can be seen by the drastic fall of the 200-day moving average, meaning there is still no long-term bearish trend. Finally, Ethereum's renewed focus on becoming more scalable — thanks to ongoing proposals — has also helped the price of ETH stay above water.

However, investors should keep in mind that current price trends are only suggesting the possibility of a golden cross. If any negative news arises, the price of Ethereum could follow a bearish trend, breaking its current pattern, changing the course of these SMA trend lines, and removing the possibility of a golden cross.

Best Cryptocurrency to Buy Now – Smart Choices for Investors

Smart money says investors should choose assets that do not rely solely on speculation but also have solid fundamentals. Therefore, the following could be considered the best at this moment.

SUBBD

Developed on the Ethereum blockchain, SUBBD is a content creation platform with AI-driven roots, generating buzz in the cryptocurrency community. The main goal of this project is to provide users with an alternative to OnlyFans, capable of hosting multiple pieces of spicy content while also allowing fans to interact with their creators in unique ways.

Through artificial intelligence, SUBBD offers exclusive tools that facilitate content management. Additionally, it also features mechanics that allow content creators to get paid more quickly, without losing 70% of their income.

For fans, this content creation platform offers multiple opportunities to gain exclusive benefits, including games revolving around prompt creation and AI influencer generation. There are also systems in development that focus on helping existing content creators enhance their content using systems similar to GPT.

SUBBD has already raised nearly $700K, with investors flocking to see what awaits them through this long-term project.

Snorter

A potential rise in Ethereum would mean more eyes on the Solana blockchain, leading to the emergence of new SOL-themed tokens. These assets have proven to be worthy investments in the past. However, finding and choosing the right one is a difficult task, which Snorter claims to make easier.

Highlighted using a new meme animal, the Aardvark, Snorter is a cryptocurrency trading bot on the Solana blockchain. It is supposedly fast and uses AI to help investors find the best Solana tokens and invest in them as quickly as possible.

With the planned activation on Telegram, Snorter will provide users with quick swaps, honeypot detection, rugpull, and MEV projects, as well as copy trading features.

It also offers the lowest fees on Solana and will eventually become ready for multiple chains, allowing users to not only find the best investments on Solana but also other high-potential chain tokens like Polygon and BNB.

This approach to finding the best meme coins on Solana is commendable, especially since there have been many in the past that provided parabolic gains for early investors before disappearing completely.

That said, Snorter's official website also suggests creating a launch platform that will feature innovative meme coins with a Solana theme for investors to get in early. With over $1.2 million raised for this project so far, it is one to watch in 2025.

Indeed, experts like 99Bitcoins have said that Snorter could be the "best cryptocurrency to buy now," as it can be considered a gateway to higher potential projects.

Bitcoin Hyper

The resurgence of Ethereum could generate positive action for other Ethereum-based tokens. And when there is a project that combines the security of Ethereum with the core fundamentals of Bitcoin, investors begin to pay attention.

Such a project is Bitcoin Hyper. This meme coin, represented by Pepe, aims to inject utility into the Bitcoin network to make it capable of supporting smart contracts through L2 scaling solutions.

Such an endeavor could potentially enhance the existing Bitcoin network, making it more valuable for investors who are interested in the currency as much as the technology. With new decentralized applications emerging from Bitcoin, the peak cryptocurrency may no longer remain a speculative asset — this is what Bitcoin Hyper believes.

With the Solana Virtual Machine, the Canonical Bridge, and an L2 scaling solution working together, Bitcoin Hyper offers a new alternative to Bitcoin that could bring long-term gains for early investors.

Ethereum

Our final and obvious choice for this list of "best cryptocurrency to buy now" is Ethereum. As the leading altcoin in the world, Ethereum has already proven that it has strong potential thanks to enormous institutional interest and constant upgrades.

Moreover, it is a testament to Ethereum's resilience that, despite repeated downturns and concerns about ETH losing its number one position among altcoins, developers have continued to support upgrades.

From the Pectra update to the upcoming Fusaka update, several efforts are being made to make the ecosystem more scalable, all of which could act as fuel, pushing the price of Ethereum up.

Additionally, the possibility of a golden cross is also exciting. The last golden cross that occurred in early 2024 pushed the price of Ethereum above the $4K mark. And as the current one could form at a higher level, the possibility of the ETH price rising to $5K is real.