Hot Crypto to Buy Now, Oct. 23 – HYPE, SOL, XRP

The initial gains of cryptocurrency markets were short-lived. Within days, markets tumbled hard after President Trump announced 100% tariffs on Chinese imports, prompting investors to take a risk-on stance ahead of the Federal Reserve’s upcoming FOMC meeting. Still, several analysts interpret this retracement as a healthy consolidation phase, removing excess leverage and weak hands before a more sustained rally.

Here are three exceptional altcoins showing significant growth potential.

Hyperliquid: The DEX Creates a New Class of Crypto Millionaires

Introduced late last year by Hyperliquid and its native $HYPE token have quickly emerged as a major contender in the decentralized exchange (DEX) ecosystem.

Running on its proprietary Layer-1 blockchain, Hyperliquid prioritizes transaction transparency and efficiency. Unlike centralized exchanges, it allows users to maintain full custody of their assets, a feature that has grown in importance since the collapse of CEX giants such as FTX.

With minimal trading fees, lightning-fast order execution and advanced features such as perpetual derivatives, Hyperliquid successfully combines the convenience of centralized platforms with the trustless nature of DEXs.

Price action since launch has shown strong bullish trends. Two bull flag formations emerged between late winter and early spring, patterns often preceding significant price increases.

Between early April and May 26, the price of HYPE soared from around $10 to $40, a fourfold increase. The chart also shows several cup-and-handle formations, indicating continued accumulation from major investors.

Now the HYPE support and resistance lines have since entered a widening channel, giving HYPE great potential for a quick rebound.

Solana (SOL): Ethereum’s strongest competitor and this week’s best player

Solana ($SOL) continues to solidify its position as one of the fastest and most scalable blockchain networks. With a market capitalization of over USD 104 billion and more 11 billion dollars Solana’s ecosystem expansion, which is locked across its DeFi protocols, remains impressive.

Market participants are closely watching the prospect of US-based spot ETF Solana, which could attract a significant inflow of institutional capital similar to the effects of Bitcoin and Ethereum ETFs.

After bottoming near $100 in April, SOL is now trading near $191. Increasing regulatory clarity has bolstered confidence, while technicals, including RSI 44, a 4% 24-hour gain and a move closer to the 30-day moving average, suggest that SOL may be undervalued at current prices and is likely to rise into the weekend.

Key support is around $150, with heavy resistance at $250. A decisive break above this resistance could push SOL to its all-time high of $293.31 or even above $500 if a full bull market develops.

Ripple (XRP): Leader in 2025 in cross-border payments

native Ripple asset, XRP ($XRP)it serves as the foundation of a payment network known for ultra-fast transactions and minimal fees, offering a modern alternative to traditional systems such as SWIFT.

Backed by the United Nations Capital Development Fund and linked to several major US financial institutions, XRP has climbed to the third largest crypto-asset by market value at around $144.3 billion. Ripple’s introduction of its own stablecoin, RLUSD, highlights its intention to capture a piece of the expanding stablecoin market.

Over the past year, XRP has risen 357% to hit a seven-year high of $3.65 in mid-July, far outpacing Bitcoin’s 62% gain over the same time frame. With an RSI around 39 and trading below its 30-day moving average, XRP appears poised for another upward move.

Technical indicators also show two bullish flag formations during the summer months, indicating further upside potential if the ETF approval takes place by mid-October. Passage of comprehensive US crypto legislation could propel XRP to the $5-$10 range.

Bitcoin Hyper (HYPER): Meme Coin 2025 revolutionary potential of Bitcoin

Finally, one that is too early to be listed on the exchanges: Bitcoin Hyper ($HYPER) has quickly become one of the most talked about pre-sales of 2025.

Designed to amplify the scalability and speed of Bitcoin through layer 2 infrastructure, it provides lightning-fast and cost-effective transfers, packaged in the meme coin format.

The project includes decentralized governance via DAO, advanced smart contracts and exceptional transaction throughput on its own Layer-2 framework. With more than $24.6 million raised in pre-sale funding, analysts are projecting 10x or more post-launch revenue.

Powered by the Solana Virtual Machine (SVM), HYPER’s network offers an efficient Canonical Bridge for Bitcoin transfers, full dApp compatibility, and built-in meme coin integration.

Additionally, a recent Coinsult audit showed zero vulnerabilities, boosting investor confidence.

The HYPER token supports the core functions of the ecosystem, including staking, management and transaction processing, while rewarding early participants with staking returns of up to 48% APY.

Bitcoin is going HYPER. This could be the start of something extraordinary.

Visit official pre-sale site or watch Bitcoin Hyper on X and Telegram for more information.

Visit the official website here