Investors in the cryptocurrency market are closely eyeing three tokens that have shown remarkable performance recently and look like the best crypto to buy now. With significant price surges and positive market sentiment, ID, Ethereum Name Service (ENS), and Solana (SOL) are gaining attention as potentially lucrative investments.
ID Token Surges Amid Speculative Buzz
In a thrilling turn of events, the native token of the Space ID platform, ID, experienced a phenomenal surge, soaring by 17.82% in the past 24 hours. Currently trading at $0.06048, ID has demonstrated remarkable growth with weekly and monthly surges of 114.30% and 122.93%, respectively. The token’s market cap also witnessed a notable uptick of 17.60%, reaching $282.49 million. Notably, a trader reportedly offloaded 5 million ID, valued at $3.1 million, to Binance, a prominent cryptocurrency exchange, adding to the intrigue surrounding ID’s recent performance.
ENS Displays Bullish Sentiment
Ethereum Name Service (ENS) has also shown promising signs, with its price climbing from $17.52 to $21.70 within a week, marking a 23.68% increase. In the past 24 hours alone, ENS experienced a 1.86% pump, reflecting a slightly bullish sentiment in the crypto market. Despite short-term fluctuations, long-term sentiment remains optimistic, with predictions indicating a potential rise to $17.06 by 2025. ENS has witnessed significant growth, with a trading volume of 104,739,685 and a 41.31% increase in the past 30 days, making it an appealing option for investors eyeing long-term gains.
SOL Continues Steady Climb
Solana‘s native token, SOL, has been steadily rising, reflecting a 4.2% increase in the last 24 hours and a 5.6% rise over the past seven days, reaching $105.19 at the time of writing. This upward trend is part of a broader market rally led by Bitcoin and Ethereum, which have seen respective increases of 8.5% and 7.2% in the last week. The total value locked (TVL) on the Solana network has surpassed $1.8 billion, marking a significant milestone since 2022. While SOL has yet to reach its all-time high (ATH) of $10.03 billion TVL, set in November 2021, the blockchain’s activity has been steadily increasing since the end of last year.
With ID, ENS, and SOL demonstrating strong performance and positive market sentiment, investors are considering these tokens as potential opportunities for investment. Whether it’s the speculative buzz surrounding ID, the bullish sentiment surrounding ENS, or the steady climb of SOL, these cryptocurrencies are capturing the attention of traders and investors alike in the dynamic landscape of the crypto market.
