While the crypto market remains under pressure this week, some potential bullish catalysts may trigger a bull run in the coming months.
Potential catalysts include the ongoing Bitcoin (BTC) and Ethereum (ETH) ETF inflows, altcoin ETF approval by the Securities and Exchange Commission, friendly regulations, and potential Federal Reserve interest rate cuts.
This article explores some of the best crypto to buy for the next bull run, including AAVE (AAVE), Spark (SPK), and Tron (TRX).
1. AAVE
AAVE is one of the best crypto tokens to buy because of its role in the decentralized finance industry. It is a protocol that enables users to lend, borrow, and earn interest on cryptocurrencies without intermediaries.
AAVE is the biggest player in the DeFi industry, with over $34 billion in assets and thousands of users. It is one of the most profitable players in the crypto industry, generating over $2.4 million in daily fees and $345,420 in daily revenue.
Founded in 2017, AAVE has survived some of the biggest crises in the crypto industry, including the FTX, Terra, and Celsius collapses. It also survived the 2022 crypto market crash.
AAVE price has jumped by 120% from its lowest point in April and 435% from its 2023 lows.
2. Spark
Spark is another top crypto to buy now ahead of the upcoming bull run. It is a major player in decentralized finance, enabling users to earn interest on their stablecoins like USDC and USDS.
Spark’s network continues to grow, with the total value locked soaring to nearly $7 billion. Its staked assets have reached 163 million SPK, while whales and smart money investors are accumulating.
There are signs that Spark is undervalued as it has a fully diluted valuation of less than $1 billion, which is lower than other smaller DeFi tokens.
3. Tron
Tron is another top crypto to buy because of its strong fundamentals. It is the most popular chain for USDT stablecoin transactions, handling billions in volume each day.
Tron is the most profitable chain in the crypto industry, generating over $3.5 billion in the last 12 months. It is also highly deflationary, with the circulating supply to 94.7 million, down from 96 million in the same period last year.
Tron also offers a high staking yield of 3.32%, with inflows continuing to rise. StakingRewards data shows that over 43 billion TRX tokens have been staked, generating over $472 million in staking rewards annually.
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