Crypto market at large has been in a sharp uptrend since the 90-day trade truce between the US and China. But here are the top three mega-cap cryptos that are particularly worth buying in May.
Cryptocurrency markets are surging this May, with Bitcoin smashing the $111,000 mark and altcoins rallying on strong institutional interest and major technical upgrades.
If you’re considering investing in crypto this month, three standout tokens—Bitcoin (BTC), Ethereum (ETH), and Solana (SOL)—are making headlines for good reason.
Here are our top three pics.
1. Bitcoin (BTC)
Bitcoin recently reached a new all-time high of $111,986.44 on May 22, pushing its market capitalization beyond $2 trillion.
This rally follows the U.S. government’s strategic move to establish a National Bitcoin Reserve, a landmark moment positioning BTC as a geopolitical asset.
Experts such as BitMEX founder Arthur Hayes project it could hit $200,000 by year-end, though rapid growth also signals the possibility of a near-term correction. Still, BTC remains the most adopted and recognized crypto asset globally.
2. Ethereum (ETH)
Trading around $2,667, Ethereum has rebounded strongly thanks, in part, to the successful Pectra upgrade in early May 7. The upgrade improves staking and transaction efficiency, critical for Ethereum’s role in DeFi and smart contracts.
In the past week, institutional investors withdrew over 61,000 ETH from exchanges, signaling bullish sentiment.
Daily trading volume has surged, reaching $38.4 billion, with open interest in ETH futures now topping $33.78 billion, according to CoinGlass. Though high gas fees persist, the roadmap for Layer-2 scaling solutions continues to drive optimism.
3. Solana (SOL)
Solana is trading near $180.50 after an 8% price increase this week. Research firm VanEck recently forecasted a price of $520 by year-end, citing Solana’s growing dominance in smart contracts and its potential ETF approval.
Now part of the U.S. Digital Asset Stockpile, SOL is also winning institutional trust. While past network issues raised concerns, recent upgrades have improved reliability, making SOL a high-speed, low-cost contender.
Technicals, including 50-day MA and Relative Strength Index (RSI) also indicate continued bullish momentum in Solana for the weeks ahead.
Conclusion
Bitcoin, Ethereum, and Solana are leading the crypto market this May with strong fundamentals, fresh institutional support, and promising technical trajectories.
While all three have already rallied significantly in recent weeks, the aforementioned factors suggest these top crypto to buy this month could extend gains further moving forward.
As always, consider your risk tolerance, stay up-to-date, and invest wisely in the fast-evolving market of cryptocurrencies.
Gain Instant Access to the World’s First Blockchain Investing Research Service — Actionable Crypto Alerts, Built on 15+ Years of Market Experience
Discover market-moving insights and exclusive crypto forecasts powered by InvestingHaven’s proprietary 15-indicator methodology. Join smart investors using our premium alerts to stay ahead of the curve—before the big moves happen.
This is how we are guiding our premium members (log in required):