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Breaking News: Trump Linked Firm Trims Stake in Major Crypto Venture, Big Sell-Off Ahead?
Best crypto to buy as bitcoin reaches 110k

Best Crypto to Buy as Bitcoin Reaches $110K Again & Crypto Companies Plan More Purchases

Bogdan Patru
by Bogdan Patru
2 weeks ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin surprised no one by pushing back up over $110K again. After its May 22 peak of $112K, this could be a warmup to a new all-time high.

At the very least, this is a buy signal to start stacking crypto, which is why many are asking what the best crypto to buy now is.

Nobody likes Steve

Aside from Steve, everybody is planning their next buy move, with major companies and private institutions eyeing thick investments.

This is reflected in the stock market, as US crypto stocks witness a visible resurgence, following mass Bitcoin investment plans.

Stablecoin issuer, Circle Internet Group (CRCL), was among the first to experience the high, snorting a 7.5% longer Nasdaq line.

Crypto miner, Core Scientific Inc. (CORZ) was next with a 4.2% growth, while MARA Holdings (MARA) pocketed a modest, but welcome, 3.1%.

So, what’s at the heart of these bullish moves, and what are the best cryptos to buy right now?

Major Companies Plan Massive Bitcoin Investments, Causing Crypto Stocks to Surge

BitMine hit the news with its first crypto purchase of 100 Bitcoins.

BitMine CEO, Jonathan Bates, declared that:

‘We are excited to make our first open market purchase of Bitcoin, and expect to make more Bitcoin purchases moving forward.’

—Jonathan Bates, BitMine Press Release

The announcement didn’t impact the company’s stocks immediately, as BitMine was still closing its June 9 Nasdaq run at an 8.68% deficit. The stocks have rebounded by 5.2% after hours, though.

BitMine is one of the latest firms to join the Bitcoin arms race. Here are a few other big names that have either purchased Bitcoin or plan to:

  • Strategy made its first Bitcoin purchase on August 10, 2020, with 21,454 $ BTC and has made multiple purchases since, such that it now holds 582,000 $BTC, valued at almost $41B
  • Bitcoin miner, MARA Holdings (MARA) holds 46,374 $BTC as of February 2025, making it the second-largest Bitcoin holder
  • Metaplanet holds 8,888 Bitcoins, but plans to buy more than 210,000 $BTCs by the end of 2027, which would help it overthrow MARA and become the second-largest Bitcoin holder in the world
  • Riot Platforms (RIOT) currently sits on a Bitcoin reserve of 19,225 tokens and plans to expand its production drastically over the next few years

If these numbers tell us one thing, we’re witnessing a global Bitcoin adoption race, and choosing to ignore the signs would be foolhardy.

A December 2024 CoinGecko report highlighted the massive difference between Bitcoin and classical assets in terms of long-term performance, and the results on 5 and 10-year returns are staggering.

CoinGecko report

With that in mind, let’s look at the best crypto to buy as Bitcoin reaches $110K and institutional investors keep stacking.

1. Solaxy ($SOLX) — Solana’s Layer 2 Upgrade Coming with Lower Fees and Faster Transactions

Solaxy ($SOLX) is Solana’s Layer 2, promising faster transactions and lower on-chain fees.

This is a much-needed upgrade for Solana, which has battled network congestion, delays, and failed transactions since its popularity surged early this year.

These issues also translated into higher network fees and even downtime.

Solaxy presale page

Solaxy aims to fix these issues through off-chain execution and parallel processing, delivering near-instant finality and ultra-low latency.

The project is currently in presale and has accumulated over $46M so far with a token price of $0.00175. High investor interest could set $SOLX up as one of the best presales of 2025. But with only six days left to ICO, your investment window is closing fast.

Solaxy promises to vastly improve Solana’s performance, which is why our analysts predict that $SOLX will boom in charts post-launch. We’re looking at a potential price point of $0.032 by the end of 2025, translating to an ROI of 1,728%.

Things look even better long-term, as 2026 could see $SOLX reaching $0.2 or higher for a staggering ROI of 11,328%.

These predictions consider the project’s utility, optimal implementation, and widespread adoption post-launch, but as with all things crypto, there are no guarantees, and this is not financial advice.

That said, if you want to invest in the future of Solana before the presale ends, go to the presale page and buy your $SOLX today, or read more in our What is Solaxy guide.

2. Snorter Token ($SNORT) — Telegram Bot Sniffing Out the Hottest Crypto for You

Snorter Token ($SNORT) is a Telegram crypto bot that scans the crypto market for the hottest and most promising meme coin projects.

Snorter Bot addressed the challenges associated with manual coin hunting, such as missed opportunities, high risk of sandwich attacks and rug-pulls, and the need for advanced tech knowledge.

Snorter Token presale page

Snorter Bot fixes these issues by delivering exclusive alpha to token holders. It also equips them with institutional-grade tools for fast and secure swaps, automated sniping, and honeypot and rug-pull detection tools (85% success rate in closed beta).

The bot renders browser extensions obsolete, keeping everything automated in the Telegram chat.

The presale started in May and has already accumulated $646K, with a token price of $0.0947.

If you want to join in, go to the presale page and secure your $SNORT tokens today. In case you need extra incentive, the staking rewards are at an astonishing 490% APY right now.

3. Ethereum ($ETH) — The Most Popular Blockchain is Going Up Again

It’s time to give Ethereum ($ETH) some love again. The world’s number 2 crypto is climbing the charts, currently up 7.17% over the past 24 hours, and once again promising tidy returns.

Ethereum chart.

Especially if we consider Vitalik Buterin’s 10X prediction for $ETH in 2026.

Buterin went so far as to state that:

‘There are people that are more brave than I am and don’t believe in a take-a-breather step, and think we should literally commit today to 1,000x—but I don’t believe in that.’

—Vitalik Buterin, ETHGlobal Prague Conference

So, while it’s unlikely that we will see 1,000x gains, 2026 still looks good for $ETH.

Will the Bitcoin Adoption Race Continue?

Yes, the Bitcoin adoption race will only accelerate as major companies like Strategy, MARA, and Metaplanet stockpile Bitcoin.

As Bitcoin rises in price and prominence, it will have a halo effect on the broader market, including new projects like Solaxy ($SOLX) and Snorter Token ($SNORT), which are expected to surge post-launch.

Remember, this is not financial advice. Do your own research (DYOR) and invest carefully.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Bogdan Patru

Bogdan Patru

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As a crypto writer, Bogdan’s responsibilities are split between researching and writing articles and entertaining the team with his humor bordering on the politically incorrect, an aspiring Bill Burr, if you will. Thanks to his 12+ years of writing experience in just as many fields, including tech, cybersecurity, modelling, fitness, crypto, and other topics-that-shall-not-be-named, he's become a genuine asset to the team. While his position as a senior writer at PrivacyAffairs thought him valuable lessons about the power of self-management, his entire writing career was and is an exercise in self-improvement. Now, he's ready to sink his teeth into crypto and teach people how to take control of their own money on the blockchain. With fiat as an eternally devaluing currency, Bitcoin and altcoins seem like the best-fitting alternative for Bogdan. Bogdan’s biggest professional accomplishment, aside from securing a position as a main writer for Bitcoinist, was his 5-year run as a writing manager at Blackwood Productions, where he coordinated a team of four writers. During that time, he learned the value of teamwork and that of creating a working environment that breeds efficiency, positivity, and friendship.

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