Top 3 Cryptos Poised to Lead the Next Bull Run
By: crypto news flash|2025/05/14 03:15:04
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After a few months of turbulence, the crypto market appears to be catching its breath as trade tensions are beginning to ease.Investors are watching Ripple, long targeted by regulators, along with TRON and Dogecoin as potential frontrunners in the next bull run.The current market snapshot reveals a cautiously optimistic tone among investors. Over the past 24 hours, trading volume has increased by 1.37% to $336.54 billion, reflecting higher activity and interest. However, open interest has dropped marginally by a percentage of 1.18% to $142.51 billion and could be attributed to some repositioning for short-term gains.The average Relative Strength Index (RSI) is 54.71, which is a midpoint that is ever so slightly bullish. As the cryptocurrency market enters a new cycle of cautious optimism, three of the top cryptocurrencies, Ripple (XRP), TRON (TRX), and Dogecoin (DOGE), are set to lead the next giant bull cycle.Ripple (XRP)XRP has had its share of drama, but there’s growing hope that the worst might be over. Currently ranked fourth by market cap, it’s posted a staggering 399% gain over the past year, and is now trading at $2.52. That includes a 17.9% jump in just the last month.Much of this excitement stems from a recent development in Ripple’s long-running battle with the SEC. After years of legal back-and-forth, the company agreed to a much smaller $50 million settlement, far less than the $2 billion the SEC initially wanted.On the charts, some technical analysts are pointing to a symmetrical triangle pattern, which could mean a big move is coming. Some optimistic projections have XRP hitting $7 by the end of next year, but that’s assuming regulatory momentum continues to swing in crypto’s favor.Tron (TRX)TRON doesn’t get the same media buzz as Bitcoin (BTC) or Ethereum (ETH), but behind the scenes, it’s been making major moves, especially in the stablecoin space. According to a report by CNF, the TRON network now holds over $73 billion in USDT, nearly matching Ethereum’s lead.TRX, its native token, is up 111% year-over-year and currently trading around $0.266. Low fees and fast transactions make TRON appealing for developers and Tether transfers. According to crypto analyst Andrew Griffiths, if TRX can break past the $0.28 mark, it could climb toward $0.35 or even $0.45. But if it fails to hold momentum, a pullback to $0.22 isn’t off the table.Dogecoin (DOGE)Then there’s Dogecoin, the meme coin that was once written off as a joke, is now leading with a market cap of $33 billion, easily surpassing rival Shiba Inu’s $9 billion. Over the past year, DOGE has surged by 58%, largely driven by growing institutional interest, favorable regulatory developments, and a surge in large transactions.What’s fueling this optimism? Institutional players like 21Shares and Bitwise have submitted proposals to the SEC for spot DOGE ETFs. If the SEC gives the green light, that could flood DOGE with fresh capital from retail and institutional investors alike. Some analysts are even tossing out $2 price targets for the next major bull cycle. That might sound crazy, until you remember people once said the same about Bitcoin hitting $100,000.
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