The level from which Ethereum pumped by 450% is now approaching again. This critical level is for the ETH/BTC pair, which is ₿0.016.
And it is not just the numerical value that’s making the community excited, but even the Relative Strength Index (RSI) is also showing a comparable oversold level. And while the ETH price continues to trade below the moving average, the recent analysis shows that a price uptick may be coming really soon.
Ethereum Could Pump Soon, Analysts Believe
Ethereum has continued to fail to generate as much institutional interest as Bitcoin, which has pushed the ETH price to follow a bearish trajectory.
Reports show that the ETH/BTC pair is down 80% from its all-time high in Ethereum’s 2021 cycle. Ethereum’s switch to proof-of-stake has been called the culprit in this situation.
Amidst the doubts, it seems like Vitalik Buterin, the founder of Ethereum, has come to understand the project’s shortcomings and has now proposed changes to make Ethereum’s base protocol even simpler.
This comes from a blog post titled “Simplifying ETH,” in which he has appreciated the simplicity of Bitcoin and now aims to integrate a simpler architecture into Ethereum’s ecosystem.
The move has been called by analysts such as Borovik “the most bullish thing on ETH.”
the most BULLISH thing for ETH just happenedVitalik proposes a 5-year plan to simplify ETH L1Goal: reduce complexity, boost security, & cut dev costs- Replace current consensus with a 3-slot finality system- Migrate from EVM to a ZK-friendly VM (RISC-V)- Standardize… pic.twitter.com/NDGT6bBT2Y
— borovik.sol (@3orovik) May 3, 2025
Analysts such as Jimie have noted that ETH/BTC has been trying to break through the “bearish parabola” that has contained ETH since 2021.
“Continuation of this parabola could push $ETHBTC to 0.016,” the analyst said in a tweet.
However, not all share the same opinion. Adam Back, pioneer of Bitcoin’s proof-of-work, has expressed his skepticism regarding Vitalik’s decision to “match Bitcoin’s simplicity in the next 5 years.”
He said that Buterin is overlooking the fundamental flaws of Bitcoin and focusing on superficial simplification instead. “At this point, it’s best to dump ETH before it hits zero and buy Bitcoin,” he said.
Needless to say, the ETH ecosystem is heating up, and the volatility that ensues is creating many options that could be added to the best crypto to buy now list.
Best Crypto to Buy Now – Top 3 Picks
With Ethereum about to hit a critical level that could hopefully lead to its value surging, it is time to look at assets that could gain profit from this momentum. The following options could be considered the best people have right now.
XRP
Excitement is high after the recent approval of ProShares XRP Futures ETF by the SEC, which has further consolidated XRP as a product that could soon topple even Ethereum.
In terms of price action, XRP has formed a rising channel, and if the token continues to remain within it, it could retest its recent all-time high.
Another reason to be bullish about XRP is that its battle with the SEC was concluded in late March, which has given Ripple more breathing room for innovation.
Ripple has also made its way to the Middle East, becoming the first blockchain-enabled payment service provider licensed by Dubai Financial Services—another reason there is hope that XRP could climb higher.
Trading around the $2.17 level at the time of writing, XRP’s market capitalization is just below $128 billion.
BTC Bull
If Ethereum does propel in value after reaching the key level that many believe it will, it could follow Bitcoin’s trajectory once again. This could result in other ETH-based tokens moving up in value drastically.
Such is the hope for BTC Bull as well—an ERC-20 token designed to be a Bitcoin meme coin.
Portraying a bull-faced commando as its mascot, BTC Bull is a meme coin project created to capitalize on Bitcoin’s growth in unique ways.
Every time Bitcoin goes through a major surge, this meme coin’s ecosystem will either burn a certain number of BTC Bull tokens or organize a Bitcoin airdrop.
This simplified approach means a direct pathway to funnel Bitcoin’s growth into BTC Bull could be established, helping it grow further.
BTC Bull does not portray itself as a strong utility-driven project. It is a simple meme coin whose value will be driven by pure speculation—and it does not hide that fact. That’s one of the core reasons why this meme coin has been able to raise upwards of $5 million to date.
And since there is hope for Bitcoin to make a comeback, BTC Bull could make an explosive debut once it lands on cryptocurrency exchanges.
Solaxy
Ethereum’s abysmal performance since the beginning of the year has also been due to many shifting their attention to Solana because of its more inclusive approach. However, as more and more projects adopt Solana as their primary chain, issues are emerging within the ecosystem that reveal scalability problems.
Solaxy is a new cryptocurrency project designed to address that very issue. Built as an L2 solution for the Solana blockchain, Solaxy adopts ZK rollup technology to enable off-chain transactions on Solana.
Through Hyperlane, it aims to bridge Solaxy and Solana to establish interoperability, and through Celestia, it seeks to enhance the L2 solutions it provides.
It has already released a blockchain explorer, giving users a first look at what’s in store.
Excitement around this project has also increased thanks to its many memes, creating a dual identity that focuses on both memes and utility—making it stand out from other meme coins.
Due to its focus on both utility and memes, crypto analysts such as 99Bitcoins have drawn parallels between it and Shiba Inu. The host highlighted the immense growth it could see thanks to this combined approach. And considering the project has already raised upwards of $33 million, a 10x growth post-launch could be possible.
Summary
The hope that Ethereum will land on a key level soon has bolstered investor interest in ETH and ETH-related assets. However, skepticism persists, especially since the ETH price has decoupled from Bitcoin’s trajectory.
Therefore, this “best crypto to buy now” list focuses on assets that could outcompete Ethereum. XRP could potentially topple ETH to become the world’s largest altcoin. Solaxy may empower Solana further, making it more attractive to developers. And with BTC Bull, the focus is on leveraging memes to grow in value.
These assets could propel in the future, creating unique ecosystems that may make the blockchain market more appealing to beginners.
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