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Since Donald Trump’s re-election as U.S. President, Bitcoin and other cryptocurrencies have notably increased. A key factor behind this rise is Trump’s announcement of his intent to nominate Paul Atkins, a former SEC commissioner, to head the Securities and Exchange Commission (SEC).

Many market participants anticipate that the U.S. government may adopt a more supportive stance on cryptocurrency with Trump in office and backing from prominent figures like Elon Musk. This optimism stems from expecting a regulatory framework that could foster innovation and growth in the digital asset space. In light of the positive crypto market wave, this article outlines other affordable tokens, particularly the best altcoins to watch today.

6 Best Altcoins To Watch Today

XRP has gained significant traction due to its crucial role in transforming financial systems and offering cutting-edge payment solutions. Meanwhile, Litecoin’s network is showing notable progress, with its hashrate hitting record highs. Celestia (TIA) is valued at $4.71, marking a 1.23% rise over the last 24 hours.

Similarly, the Ethereum Name Service (ENS) token trades at $31.84, reflecting a 0.79% daily increase. Solaxy, a pioneering Layer 2 blockchain built on Solana, has successfully raised $9.4 million during its presale phase. Additionally, two cryptocurrency trades linked to Trump are creating potential market tensions that could present challenges ahead.

1. XRP (XRP)

XRP has been experiencing substantial momentum, driven by its pivotal role in modernizing financial systems and delivering innovative payment solutions. Ripple’s strategic initiatives, such as the potential launch of an XRP-based ETF in a favorable regulatory environment, have significantly bolstered its market standing.

The XRP Ledger (XRPL) is on the brink of important technological upgrades, with 80% of servers already updated. These advancements are expected to enhance the ledger’s infrastructure, solidifying its position as a robust platform for future applications. Moreover, Bank of America’s decision to incorporate XRP for internal transactions demonstrates cryptocurrencies’ increasing acceptance and credibility within traditional financial institutions. This development could pave the way for broader institutional adoption.

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With Ripple Custody, they’re simplifying digital asset management and driving efficiency.
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— Ripple (@Ripple) January 8, 2025

In the last 24 hours, XRP’s price has risen by 4.71% to $2.42, with a 9.4% decrease in trading volume to $4.90 billion. The token has shown remarkable growth over the past year, with a 307% increase, outperforming 84% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. XRP’s current price is trading well above its 200-day simple moving average (SMA) of $1.23879, marking a 96.25% increase above this key indicator. With 15 green days in the last 30, XRP exhibits strong liquidity relative to its market cap.

2. Cosmos (ATOM)

Fetch.ai, a crypto artificial intelligence platform built on the Cosmos blockchain, has launched a $10 million accelerator program to support startups focusing on AI agents, quantum computing, and advanced technologies. Through its Innovation Lab, with hubs in San Francisco, London, and India, the initiative aims to connect research with practical applications. It offers funding, mentorship, and access to Fetch.ai’s agent-based technologies, helping startups scale globally.

In another significant development within the Cosmos ecosystem, Babylon Labs has introduced zero-knowledge technology to enhance Bitcoin integration with Cosmos. This allows Bitcoin holders to stake their assets directly on Cosmos chains without intermediaries, improving security and operational efficiency.

Elys Network is a universal trading platform and liquidity layer on Cosmos: UniFi ⚛️
As a platform, @elys_network is tackling problems such as impermanent loss, and arbitrage inefficiencies to rethink how users interact with DeFi and liquidity pools. pic.twitter.com/BtKHNYlwvk
— Cosmos – The Interchain ⚛️ (@cosmos) January 10, 2025

Cosmos (ATOM) is trading at $6.63, reflecting a 1.06% increase in the past 24 hours. The token trades 0.08% above its 200-day simple moving average (SMA) of $6.62, highlighting its sustained market stability. With high liquidity based on its market cap, Cosmos has remained a reliable choice for investors.

3. Litecoin (LTC)

Litecoin’s network is demonstrating remarkable growth, with its hashrate reaching all-time highs. This milestone reflects the network’s increasing health, security, and the confidence of miners and participants in its ecosystem. Over its history, Litecoin has shown steady and mature development, solidifying its role as a reliable and secure cryptocurrency.

Currently, Litecoin is trading at $104.45, marking a 0.22% increase in the last 24 hours. Its market capitalization stands at $7.87 billion, with a 0.24% rise, while the 24-hour trading volume has surged by 16.94% to $512.35 million. The fully diluted valuation (FDV) is estimated at $8.77 billion, with a volume-to-market-cap ratio of 6.47%, indicating robust trading activity.

Regarding market sentiment, Litecoin scores 69 on the Fear & Greed Index, reflecting a sentiment leaning towards greed. Over the past year, the price has increased by 37%, outperforming 50% of the top 100 crypto assets. Additionally, Litecoin has recorded 18 green days in the last 30 days, representing a 60% success rate.

From a technical perspective, Litecoin is trading 18.74% above its 200-day simple moving average (SMA) of $87.12. This upward trend, coupled with high liquidity and growing adoption, underscores its resilience and appeal in the cryptocurrency market.

4. Celestia (TIA)

Celestia (TIA) is priced at $4.71, reflecting a 1.23% increase over the past day. The asset has experienced 15 “green days” in the past 30 days, meaning the daily close price exceeded the daily open price on half of these days.

The current market sentiment for Celestia is bearish despite the Fear & Greed Index indicating “Greed” with a score of 69. This suggests a notable divergence between broader market sentiment and technical indicators.

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— Celestia 🦣 (@celestia) January 9, 2025

From a technical perspective, a pending long order on SC01 M15 suggests that traders are watching for an oversold RSI signal. The projected stop-loss is estimated to be around 6.82%. This indicates an effort to manage downside risks while capitalizing on potential rebounds.

5. Ethereum Name Service (ENS)

The Ethereum Name Service (ENS) token is currently valued at $31.84, reflecting a daily increase of 0.79%. The current sentiment surrounding ENS is bearish, even though the Fear & Greed Index shows a reading of 69 (Greed).

Despite this, ENS has shown remarkable growth over the past year, increasing in price by 47% and outperforming 53% of the top 100 cryptocurrencies. The token has demonstrated resilience by trading above its 200-day simple moving average (SMA), which is $25.68, marking a 25.51% increase above this indicator. Moreover, ENS has achieved 15 green days over the last 30 days, equating to 50% of the period.

These performance metrics highlight ENS’s strong liquidity and market activity, signaling robust investor interest. While the bearish sentiment suggests caution in the short term, the overall positive yearly performance and technical indicators, such as trading above the 200-day SMA, suggest that ENS is a fundamentally sound asset.

6. Solaxy ($SOLX)

Solaxy, the first Layer 2 blockchain on Solana, has raised $9.4 million in its presale. This project addresses Solana’s scalability challenges, particularly congestion and transaction failures, which are critical for the rapidly growing meme coin market.

The meme coin sector expanded dramatically in 2024, with its market cap increasing from $20 billion to over $120 billion. As this growth continues into 2025, Solaxy offers a solution to meet the sector’s need for fast, efficient transactions. Its Layer 2 protocol processes activities off-chain, batching them for settlement on Solana’s main chain. This improves speed, reduces costs, and ensures smoother operations for traders capitalizing on meme coin volatility.

SOLX, Solaxy’s native token, is a multi-chain asset connecting Ethereum’s liquidity with Solana’s low fees and high speed. It also supports governance, staking, and transaction fees. Analysts predict significant growth potential for SOLX, drawing comparisons to Solana’s early success.

The presale offers SOLX at $0.001596, with staking options providing a 372% annual percentage yield (APY). Participants can purchase tokens using ETH, USDT, BNB, or traditional payment methods through MetaMask or Coinbase Wallet.

Visit Solaxy Presale