Best Crypto to Buy as Canary Capital Files for First-Ever SUI ETF
18 Março 2025 - 10:12AM
NEWSBTC
The best crypto to buy are now shining stronger that the SEC has
acknowledged the filing of the first-ever SUI-based ETF by Canary
Capital – an institutional crypto management and trading firm. SUI
is a layer-1 blockchain solution offering high-speed transactions
through ‘horizontal scaling.’ It processes unrelated transactions
simultaneously instead of processing each transaction individually,
saving a lot of time. SUI is also among the top 10 on the list of
chains with the most Total Value Locked (DeFi). It houses more than
$2B. If approved, this would become the US’s first public
investment vehicle with a sole focus on SUI. The SUI blockchain has
garnered a lot of support in the last few months. Investment firms
like VanEck, Grayscale, Franklin Templeton, and Ant Financial have
launched various products on the network. This scalable blockchain
solution is an ideal option for various use cases, such as gaming,
DeFi, and enterprise-level applications. A SUI-based ETF will
further increase the adoption of the solution, leading to better
blockchain performance and more investor interest for altcoins and
meme coins, potentially. The Growing ETF Trend Is Too Strong to
Ignore The SEC has maintained an anti-crypto ETF stance for the
last 4 years. However, the appointment of Trump as the president
changed this. The agency has been flooded with ETF applications for
various cryptos, such as Dogecoin, Litecoin, Solana, XRP, and many
more. It’s also worth noting that the massive success of Bitcoin
ETFs in the country has only encouraged financial institutions to
back other crypto ETFs as well. Exchange Traded Funds (ETFs) are
instruments that allow investors to invest in crypto assets without
having to buy them directly. So, if you want to invest in Bitcoin,
you can buy a Bitcoin ETF instead of actual $BTC. The ETF fund may
either hold $BTC or trade in $BTC derivatives – you can choose the
type of ETF you want to buy. With ETFs becoming the new trend, new
money will flow into the markets, and demands are going to
increase. This is, therefore, the right time to invest in some
promising crypto assets for massive returns. Here are some of the
best cryptos you can look at. 1. BTC Bull Token ($BTCBULL) – Best
Crypto to Buy to Benefit from Bitcoin’s Success Speaking of new
cryptos that have the potential to take the industry by storm, BTC
Bull Token ($BTCBULL) could just be the best of them. As the
first-ever crypto to offer free (and real) $BTC to token holders
who hold $BTCBULL in Best Wallet, BTC Bull Token has positioned
itself perfectly. It will be able to ride on the coattails of
Bitcoin, which will undoubtedly surge to new highs in the coming
years. Also, because BTC Bull Token’s Bitcoin giveaways will occur
every time $BTC reaches a new high (like $150K, $200K, and $250K),
it has, in a way, protected itself from the possibility of dying
market hype – which is a genuine headache for even the best meme
coins. Another way the developers plan to sustain $BTCBULL’s hype
(and price) is through regular token burn events. Furthermore,
they’ve also kept 40% of the total supply for PR and marketing
purposes. It’s almost one month since the launch of the BTC Bull
Token presale, and we can confidently say that the hype is real.
The project has already raised a staggering $3.76M, and it
continues to expand by the minute. Each token is currently
available for just $0.002415 – here’s how to buy BTC Bull Token. 2.
Solaxy ($SOLX) – One of the Best Altcoins with Real-Life
Application Even though pure meme coins like $BROCCOLI and $TRUMP
have churned out exemplary returns, we’ve seen just how short-lived
their hype can be. That’s why we believe it’s better to opt for a
meme coin with real utility, like Solaxy ($SOLX). Solaxy aims to
solve Solana’s problems. Solana, in case you didn’t know, has been
suffering from network congestion and scalability issues. It’s
still the go-to blockchain for meme coins, but it must quickly
reinvent itself if it wants to continue dominating. Enter Solaxy.
$SOLX plans to build the first-ever Layer 2 scaling solution on
Solana. It will execute transactions off-chain, thus reducing the
pressure on Solana’s mainnet and solving the long-drawn issue of
congestion, which led to failed transactions. Another standout
feature of Solaxy is its multi-chain compatibility. Simply put, it
will combine Ethereum’s liquidity with Solana’s speed and low fees
to potentially become a key catalyst in Solana’s growth. The best
part? Solaxy is currently in presale ($26.8M+ raised), meaning the
token is available at some of its cheapest prices. 1 $SOLX right
now will only cost you $0.001666. If this is your first crypto
presale purchase, here’s a detailed guide on how to buy Solaxy. 3.
Toncoin ($TON) – Hot Token with over 33% Gains in Last 7 Days
Toncoin ($TON), the native token of the TON network, aims to
catalyze the creation of a Web3 ecosystem within the Telegram
Messenger. By doing so, i.e., by integrating crypto with everyday
messaging apps like Telegram, TON wants to achieve its goal of
making blockchain technology accessible to the average internet
user. Originally called the Telegram Open Network (TON), it was
renamed The Open Network after the end of Telegram’s involvement
with the project following an SEC intervention. The $TON token has
seen a massive jump of over 33% in the last week. This is because
the French authorities have returned the passport of Telegram’s
founder, Pavel Durov. Earlier, Durov’s detainment drew concerns
from free speech advocates worldwide. After a fleshed-out battle,
Durov finally has the ability to travel freely again. The TON
Foundation celebrated this on its official X feed. $TON is
currently trading at $3.52, with an impressive market cap of
$8.75B. With an extremely bullish community sentiment and several
upcoming features, this could be the right time to invest in this
token, which could be the next crypto to explode. Bottom Line A
potential SUI ETF speaks volumes about crypto’s increasing adoption
worldwide, which will consequently result in a spike in prices
across the board. However, it’s worth remembering that the market
promises nothing. Yes, there’s a high probability we’re going to
see new all-time highs very soon, but one violent liquidation move
down could wreak havoc on your portfolio. That’s why it’s important
to consider the average range of the market before investing. Also,
we recommend only investing a small amount, especially if you
aren’t experienced in crypto. Last but not least, you must always
do your own research before buying cryptocurrencies. None of what
has been said in this article is financial
advice, after all.
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