The crypto bull run continued on Monday, with Bitcoin price surging to its highest level on record and most altcoins soaring by double digits.
Bitcoin (BTC) crossed the important resistance level at $123,000, while top altcoins like Ethereum (ETH), Hedera Hashgraph (HBAR), and Stellar Lumens (XLM) broke out.
Crypto to buy now for big returns
The ongoing crypto bull run will likely continue, supported by fundamentals such as strong ETF inflows, rising open interest, and increasing institutional demand. Some of the best crypto to buy now for potential upside are Ripple (XRP), Polkadot (DOT), and Binance Coin (BNB)
1. XRP
XRP price has rebounded in recent days, climbing to its highest level since February. It has several catalysts that could push it higher during this bull run.
One potential driver is the growing likelihood that the SEC will approve a spot XRP ETF later this year, which would attract additional institutional demand. The recently launched XXRP ETF has already accumulated nearly $300 million in assets.
XRP price will also benefit from the GENIUS Act, as Ripple Labs has emerged as one of the largest stablecoin issuers in the U.S., with its stablecoin now holding $500 million in assets.
Further upside could come from the conclusion of the SEC vs. Ripple case and Ripple’s growing role in the payments industry. Technical indicators suggest more gains ahead, with an initial price target of $3.3850, up 12% from current levels.
2. Polkadot
Polkadot is another strong contender as its ecosystem expansion accelerates. FIFA Rivals, launched recently on the network, has become one of the most popular games in the industry. Meanwhile, Hydration’s total value locked has jumped to a record high of $240 million.
Polkadot price has formed a double-bottom pattern at $3.27, its lowest level in April and June, with a neckline at $5.34.
This pattern signals a potential recovery, with the initial target at $5.34, which also aligns with the 23.6% retracement level. A break above that could lead to further gains toward $7.44, the 50% retracement level—an 80% increase from current prices.
3. Binance Coin
Binance Coin is another top crypto to consider. It has some of the strongest fundamentals in the space, including dominance in decentralized exchange activity, a growing meme coin ecosystem, and ongoing token burns.
BNB price has formed an ascending triangle pattern, with resistance at $696, the high from May. It has also moved above the 50-day and 200-day Exponential Moving Averages, while the Relative Strength Index continues to trend upward.
Given these conditions, the token is likely to continue rising, with bulls eyeing last year’s high of $795, up 12.5% from current levels.
