The crypto market bull run has begun, with Bitcoin surging to a new record high and the Fear and Greed Index shifting into the greed zone. This could be a prolonged bull run, as BTC has broken an eight-year trendline.
This article examines some of the top altcoins to consider buying as the cryptocurrency bull run begins, based on their fundamentals and technical indicators.
Binance Coin (BNB)
Binance Coin is one of the best altcoins to buy amid the ongoing crypto market bull run. It is associated with Binance, the world’s largest exchange, and boasts some of the best fundamentals in the industry.
For example, the network handled over 407 million transactions in the last 30 days, a 49% monthly jump. The number of active addresses increased by over 36% to 30 million, and the trend is expected to continue.
Further, BNB price is benefiting from the regular token burns. It has a daily token burn based on the network activity and a quarterly one, which is often worth over $1 billion.
BNB Chain has become the biggest chain in the decentralized exchange industry. Its 30-day DEX volume jumped to over $170 billion, higher than Ethereum and Solana, combined.
More data shows that its stablecoin supply jumped to over $10.6 billion, while the number of transactions soared to 514 million. Therefore, these fundamentals will likely lead to more BNB price gains.
Solana (SOL)
Solana is another top altcoin to buy during this crypto market bull run because of its strong fundamentals. First, this bull run will likekly push Solana meme coins much higher, which will lead to more activity in its ecosystem. Indeed, the market cap of all Solana meme coins has jumped to over $12 billion,
Second, Solana price will benefit because of its growing user base. Data shows that its network has nearly 5 million daily active addresses, making it the biggest one in the crypto industry.
The 30-day active addresses and transactions were 102 million and 2.1 billion. This means that its addresses are much more than the next ten combined.
Solana boasts a robust staking yield of over 7.6%, surpassing the yields of most dividend ETFs. Also, a recently launched staking ETF as attracted over $67 million in assets within a few months.
Furthermore, the network has a robust ecosystem in industries such as tokenization and decentralized finance. Some companies have started creating their own Solana treasuries.
Tron (TRX)
Justin Sun’s Tron has it all and is one of the best crypto to buy. It s the most profitable blockchain project after Tether, and as already made over $2 billion in revenue this year. It uses most of these fees to burn its tokens, which makes it one of the most deflationary coins in the crypto industry.
Tron will also become the first crypto project to go public this year. It will achieve this by executing a reverse merger with SRM International, a small company. Tron is also a highly active chain with over 14 million active addresses and 258 million transactions.
Aptos (APT)
Aptos is also one of the best altcoins to buy in this crypto bull run. Its monthly active addresses increased by over 24% in the last 30 days to exceed 11.4 million, while the number of transactions rose by 24% to surpass 173 million.
Aptos is known for its fast speeds and low transaction costs, which explains why the state of Wyoming is considering it for its stablecoin launch. The token has a stablecoin supply of over $1.3 billion and 1.4 million stablecoin addresses.
Other top altcoins to buy
There are many other top altcoins to buy during this crypto bull run. Some of them ae meme coins like Pepe, Dogwifhat, and Pudgy Penguins. Others are utility tokens like Sei, Polygon, and Stellar.
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