Best Crypto to Buy Now? ProShares Sparks Market Buzz with New XRP and Solana ETFs

ProShares, one of the world’s leading platforms that has earned renown thanks to its crypto-linked ETFs, has just launched two products. They are ProShares Ultra Solana ETF (SLON) and ProShares Ultra XRP ETF (UXRP).

Soon after this news was revealed through BusinessWire, NYSE Arca certified its approval for the listing of these products.

Being leveraged ETF products, they promise 2x daily returns. SLON, for instance, targets 2x the daily Solana performance, and UXRP targets twice the daily performance of XRP. A combination of the emergence of these ETF products, as well as the progressive crypto regulations, has made it clearer which is the best crypto to buy now.

Solana and XRP Provide Next Generation of Blockchain Technologies: ProShares CEO

Solana has already become a favorite of blockchain developers looking for a more nuanced and streamlined set of tools, and XRP has already penetrated the standard financial ecosystem.

“These platforms offer exposure to blockchain technologies,” ProShares CEO Michael L. Sapir said, which he said is the result of cryptocurrency becoming more mainstream.

With SLON and UXRP, users will have leveraged exposure to these cryptos, making it easier for investors to take a high-risk, high-reward route of investment.

ProShares has been a pioneer when it comes to introducing ETF products linked to crypto. From being the first to offer the U.S. Short Bitcoin ETF, known as BITI, to the first U.S. Short Ethereum ETF, SETH, the firm has been responsible for providing 12 ETFs so far.

With the inclusion of SLON and UXRP, not only has the firm gotten a deeper footing in the crypto market, but the path of growth for SLON and UXRP has gotten much clearer.

XRP Price Prediction: Can the New ETF Help the DeFi Crypto Cross Current Resistance Levels?

XRP is currently trading at just below $3, painting a similar arc-like parabolic surge as it did in November of 2024. Back then, Ripple’s release of RLUSD, a Ripple-backed stablecoin, as well as anticipation around Donald Trump’s election as the President of the United States, gave its price a boost, ascending to its local-cycle high.

Multiple political and geopolitical reasons, along with the lack of resolution around Ripple’s battle against the SEC, led to the consolidation of the XRP price within the zones between $2 and $2.5.

However, Brad Garlinghouse’s withdrawal of Ripple’s appeal against the SEC in June 2025 led to positive intraday market movements. And now that Bitcoin is up again, positive market conditions have funneled into XRP’s price action.

Given how closely the parabolic price action resembles that of the past, and how much better the market conditions are now compared to November 2024, the XRP price could follow a similar pattern as before. An analysis of the TradingView chart indicates that if the momentum persists, the XRP price could hit $4.5 by the middle of August 2025.

However, this prediction hinges on whether, following the recent correction, the XRP price accumulates for a small period of time within a very narrow zone (around $3). If sellers arrive, a long red candle could emerge on the price chart, invalidating this prediction.

But that hasn’t stopped most analysts from continuing to be bullish about XRP. BarriC, one of the biggest XRP supporters on X, has recently posted that XRP could hit $10–$20 with ease before making its rally toward $1,000.

$XRP will skyrocket past $3 and hit $10-$20 with ease

Then it’s a clear path upwards for #XRP to rally towards $1,000

— BarriC (@B_arri_C) July 15, 2025

So, the market conditions are ripe, and there is a buzz around more ETF news, all of which can contribute to the XRP price crossing its immediate resistance, its local cycle high, and touching new horizons.

Solana Price Prediction: Will Investors Be Receptive to the New Leveraged Solana ETF?

The buzz around the Solana ETF has been growing, and the community’s faith in it has been bolstered thanks to ProShares’s move to launch a leveraged ETF product for Solana.

While this may seem foolhardy—especially since technological innovation, not diversifying financial products, has been the primary growth driver for the Solana price—many say the new leverage could push Solana to make a monster move.

And the Solana price has already made a positive move post the leveraged ETF launch, moving up by more than 7% in the last 24 hours and is now trading around the $162 level. While the price action hasn’t been exactly parabolic, it is healthy enough to assume that it could retest its immediate resistance, $188, by the middle of August 2025.

To retest its all-time high, the Solana price must break through the 0.236 fibs level at $262. That would require a 58% jump from current levels. Interestingly, Solana followed a similar parabolic pattern, where it experienced a 73% rally between January 15 and January 18, which was the result of a combination of strong volume and institutional interest.

Can it happen again? A simple answer would be yes, and that would depend on the amount of inflow into SLON. This will show enthusiasm for a new Solana product, which will snowball into more investors coming in.

However, the ascending channel painted by Solana right now mirrors the pattern formed between April 6 and May 14, which was immediately followed by a 37-day correction period. Even if the Solana price crosses its immediate resistance at $188, it must break another crucial resistance at $193 (0.786 fibs) in order to prevent a similar retracement cycle.

Best Crypto to Buy Now – Top 4 Picks to Buy Besides Solana and XRP

From Solana’s and XRP’s price action, it is clear how they could be the best cryptos to buy now. Both of these assets are going through multiple technological and financial advancements, which could provide investors with long-term upsides. But besides these high-cap cryptos that may or may not go through a parabolic price action in the next few days, investors should also be mindful of alternative investments.

ICOs, for instance, have provided massive early-moving opportunities, even offering up to 100x gains to early investors. The following list highlights some of those top ICOs, and how they could be good picks besides Solana and XRP.

Best Wallet Token

With XRP and Solana’s new ETFs, investors have access to risky investment opportunities. And since trading itself has risks, the interface should be smooth. That’s the idea behind Best Wallet Token, a cryptocurrency that powers Best Wallet, one of the most nuanced cryptocurrency wallets on the market.

Picked as a top cryptocurrency wallet for beginners by the New York Post, Best Wallet has perks that make it function as both a cryptocurrency wallet and a decentralized exchange.

As a wallet, it has high security that does not compromise on accessibility. Fireblocks, a leading security provider, even insures the assets stored on the platform. Best Wallet can also aggregate multiple wallets and provide fast swaps thanks to its support for over 60 different chains.

As a pseudo-decentralized exchange, it lets users buy crypto using fiat, and even sell it for fiat. It also mirrors some of the best DEXs by providing staking opportunities. Currently accessible only through Lido and Rocketpool, these features are set to improve.

Best Wallet also features a robust environment for NFT interactions, iGaming, and portfolio management. And as it is governed by a DAO, it is set to introduce new features such as market analysis as well.

The biggest feature of this platform, however, is the token launchpad. Launched as a feature simply named “Upcoming Tokens,” this lets investors pick crypto presales before they are released to the public.

Best Wallet Token enhances these features, which means higher yields for stakers, lower fees for investors, and better investment opportunities for ICO seekers.

The token is available as an ICO currently and has raised close to $14 million already.

Snorter

While the new Solana ETFs are sure to generate buzz among the cryptocurrency community in the long term, the truth is that only institutional investors may want to check them out. For retail investors, the value lies in Solana-based meme coins that have always been the cream of the crop whenever they landed on exchanges.

Snorter is a new Solana meme coin trading bot that offers such opportunities. Although it has been integrated on Telegram, it is said to be robust enough to not only autosnipe the best Solana meme coins but also provide users proper security while doing so.

The developers have written algorithms for the trading bot to not just capture the best investments but analyze them. That vigilance has resulted in security features such as honeypot protection and rug pull protection.

It enables fast swaps, and its official whitepaper has hinted at features that could allow users to become early movers, with Solana-based crypto presales potentially within reach.

Snorter also utilizes its presence on Telegram by tapping into its social aspects, giving users social trading perks like CopyTrading.

Long-term buyers will appreciate this project’s focus, as it treads into the space of finding Solana meme coin investments just as they land on DEXs. Crypto analysts like CryptoManu Daily have focused on that very aspect.

But there is also short-term value to be had from Snorter, which comes from the quirky image it paints on social media. If investors only assessed the visuals, Snorter could’ve been misconstrued as just another meme coin promising parabolic gains.

Bitcoin Hyper

Solana’s scalability and ease of use when it comes to dApp development is something Bitcoin Hyper has adopted. Therefore, although $HYPER leverages the Bitcoin narrative to gain investors’ attention, its inspiration from Solana is what makes this project a worthy investment.

Bitcoin Hyper envisions a better Bitcoin network, one that does not pigeonhole BTC into just being used as a “store of value.” It imagines a future where the Bitcoin network can support smart contracts and is more efficient and scalable.

Smart contract support for the Bitcoin network could allow BTC to adopt a futuristic approach by making transactions faster and more efficient. Heightened efficiency could provide legroom for decentralized applications to develop, making Bitcoin more than just a speculative asset.

Three technologies are part of Bitcoin Hyper’s framework. The first is the L2 scaling solution, which will leverage the Lightning Network to provide off-chain transactions. The Solana Virtual Machine is the second element, which will serve as a suite of tools to help new decentralized applications emerge.

Enabling an L2 chain that also hosts a Solana Virtual Machine would require a connection between Bitcoin and Bitcoin Hyper—something Bitcoin Hyper facilitates through a Canonical Bridge. Many may see this project and dismiss it as another “same-old utility-speaking meme coin.” However, the whitepaper and website clearly show that the developers know what they are doing.

Even Cilinix Crypto, a crypto analyst known for his skepticism of such projects, has appreciated the technical information that Bitcoin Hyper delivers. It is a clear sign that the project could be of major benefit, especially since a devnet has already been released silently.

Token6900

Whether it is Solana’s ETF or a standard investment, or whether it is XRP’s price movement or legal qualms, the research one requires before jumping into these investments could be too much for some to handle. Token6900 says investors shouldn’t care about that.

Instead, they should think of the cryptocurrency market as a “spur-of-the-moment” investment, exaggerated in value by institutional investors and hyped by traders who want something new.

As a result, what users get is an ecosystem that moves up or down the price charts without any core fundamentals—embracing the degen ideology, one that could not only create a community but bring major gains to all.

With such a simple premise, Token6900 revels in the fact that it is a crypto with no utility to speak of and showcases a bunch of memes that combine all the current trends, from the A-slop content on social media to anime. The entire project is designed as a satire, which gives it an edge among investors looking for short-term parabolic gains.

That being said, much of the tokenomics adds an air of mystery around the project, leaving the door open for some social utility that could emerge once the project launches.

In his honest review highlighted in the video above, Alessandro De Crypto shared a few words about this project’s viral potential, which could be of great benefit for short-term intraday traders.

Summary

ProShares’ introduction of Solana and XRP ETFs at a time when interest in Bitcoin is at an all-time high (literally) has put the spotlight on which one of them could be the best crypto to buy now. Solana has its technical perks, and the new ETF could also lead to an upswing in the Solana price.

XRP’s legal issues due to Ripple vs. SEC are almost at an end, and the emergence of a new XRP ETF product could lead to new highs, even $4.5, if our price analysis holds true.

The best picks, however, could also be found among the listed presales. All of them have their unique quirks. Best Wallet Token’s utility could make it easier to interact with the crypto space, whereas Token6900’s comedic appeal could entice degens. At the same time, Bitcoin Hyper’s promise of a new and improved Bitcoin, and Snorter’s focus on Solana-based meme coins, could also result in massive gains for investors.

After thorough research, any one of them (or all) could be a suitable pick for traders.

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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