bullish

Solana

Jupiter

Helium

<p>The post <a href="https://coinpedia.org/price-analysis/top-5-solana-based-altcoin-to-buy-amid-market-recovery/" rel="noopener noreferrer nofollow">Top 5 Solana-based Altcoin To Buy Amid Market Recovery</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>As Solana quickly reclaims lost levels during the recent crash, the Solana ecosystem explodes. With Solana-based altcoins making a comeback with the SOL price recovery, these mid-cap and low-cap tokens are likely to outperform Solana tokens in the coming months.&nbsp;</p>
<p>Furthermore, with the broader market recovery as Bitcoin reclaims $61K, the altcoins could give 2x or more rally ahead. So, let’s take a closer look at the top Solana-based altcoins to buy as the crypto market bounces back.&nbsp;</p>
<h2 class="wp-block-heading" id="h-top-solana-based-altcoins-helium-hnt">Top Solana-based Altcoins: Helium (HNT)</h2>
<p>Being the biggest DePIN crypto and a top Solana-based altcoin, Helium is investors’ choice for big returns in this market. The HNT Price is down 89% from its all-time high at $56.21 but registered a 23% jump in the last 24 hours.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf_EdDOKC8hH12EZ7AsEH3nb8EDbdgFxzudDM_Pci2HWg_pFQYKa8XYWD2I-f4PRtlA6or6LMJWQCuP8KsA2VVzlrjjYjAFfc6rhfb4ZPPalQAmMjBcTHek4ShQ2JYcm6kGTu0rfEeuaPTUJRdDTf51_qzg?key=9DMeBQz2yPT-7qiC5b4B1w" alt="HNT price Chart">
</figure>
<p><a href="https://www.tradingview.com/x/WbLl1FG4/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>Currently, the altcoin trades at $5.97, and the recovery rally breaks above a short-term correction phase in the daily chart. With the rounding reversal and the breakout rally heading to $6, resistance near the 50% Fibonacci level brings Helium to a crossroads.&nbsp;</p>
<p>Another breakout run, the post-retest, could pump the HNT price higher to the $10 mark in the coming weeks.&nbsp;</p>
<h2 class="wp-block-heading" id="h-pyth-network-pyth">PYTH Network (PYTH)</h2>
<p>Known as a Chainlink-killer with super fast speed, PYTH network, a Solana-based project is making waves in the crypto space.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd0Xw3bIhm2Ds9BcdWLE1YGN4A1FL09Q2fYwGmC5BBxE8j3AXzH6Pv70uRTZUYZkIhR9315RAeyHM6em7isL7WPEvPLjabahY8MyPLLkUTvoh_akxMRYwVI9Kxx_fH1N00nFgrV08QlcVEwdWNIhQYwvJ9R?key=9DMeBQz2yPT-7qiC5b4B1w" alt="PYTH price Chart">
</figure>
<p><a href="https://www.tradingview.com/x/38lrqhnS/" rel="noopener noreferrer nofollow">TradingView</a></p>
<p>Despite a declining trend in the daily chart, the PYTH price trend shows a bull cycle ready to ignite. With the broader recovery, the breakout chances for PYTH to tease a new bull run are increased.&nbsp;</p>
<p>The overhead trendline breakout and the 23.60% Fibonacci level break at $0.35 will push the PYTH price to $1.10.&nbsp;</p>
<h2 class="wp-block-heading" id="h-sol-based-defi-protocol-jito-jito">SOL-Based DeFi Protocol: JITO (JITO)</h2>
<p>With $1.5 Billion in TVL, the liquid staking provider with the power of MEV, JITO is rising ranks in the Solana ecosystem. Further, with a market cap of $341 Million, this Solana-based altcoin shows massive upside potential as a low-cap option.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdNJLVom6rozcBjch0YUUuYc_m1dCK0fDxyFQoaS6Kj5Y0QfXZFPENUDZbGNAIftb6MbrW_PfTIueQpsnJ7pD6Dg1hyQi7LaduRD0mD8u5kc7xONboszJp_vklL36UidTOneC4DLYO1H5lQeVIOKp-PCHc?key=9DMeBQz2yPT-7qiC5b4B1w" alt="JITO price Chart">
</figure>
<p><a href="https://www.tradingview.com/x/yeJ8R76f/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>In the daily chart, the JITO price action reveals a triangle pattern formation with the ongoing bull cycle gaining traction. With a morning star pattern, the V-shaped reversal within the triangle teases a bullish breakout as the market recovers.&nbsp;</p>
<p>As per the Pivot Points Standard (quarterly), the bullish breakout of the $3.281 pivot level, the upside targets are at $4.468 and $6.515.</p>
<h2 class="wp-block-heading" id="h-solana-based-meme-coin-bonk-bonk">Solana-Based Meme Coin: BONK (BONK)</h2>
<p>As meme coins are spearheading the bull run in the crypto world, BONK, a Solana-based altcoin, is a top choice in the meme coin segment. With a market cap of $1.429 Billion, BONK has witnessed an exponential surge since its inception.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe4LAa8xes4Ib2Dcfi2T6KIp0kmZnGtsYJA7qiS3dXC2eXZOkBq_OpwI9Qa8KfilaNzO7xkbD8W1AYEmKlFHIVXMB4PBROfoYzNAsHZ_DdDWEnW-mU8Lr_VDjKFJKgNwENUO_NjCSWpMgxDMrYLL8gjdoUa?key=9DMeBQz2yPT-7qiC5b4B1w" alt="Solana-Based Meme Coin: BONK price Chart">
</figure>
<p><a href="https://www.tradingview.com/x/8vXeIjXo/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>In the daily chart, BONK survives the recent crash as the buyers remain dominant over a long-coming support trendline. As the bull cycle starts to gain momentum, a bullish breakout of the overhead resistance can jump to $0.000042.</p>
<h2 class="wp-block-heading" id="h-solana-based-dex-jupiter-jup">Solana-Based DEX: Jupiter (JUP)</h2>
<p>Finally, ending the list of our must-buy Solana-based altcoins, Jupiter (JUP), a DEX aggregator. With a TVL of $556 Million, the boost in the crypto market could result in a spike in leveraged trading over Jupiter. As Jupiter is close to entering the top 5 DeFi protocols over Solana, the upside potential in JUP is massive.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfi_xc0xi7Y9ToocWowMuSWgIG4DwRTACCrcdgiXQBmZWP7-HuDpcj5QOwwCDC85erOeoLcLRQqqFlWkRSmlkjFIj0GV4z6OoaoTwazwX9jN8g4b0bksi25npaBHJG1WkA_4uCr-9Q6smH35WIMu3rM1-Ok?key=9DMeBQz2yPT-7qiC5b4B1w" alt="JUP price Chart">
</figure>
<p><a href="https://www.tradingview.com/x/rcGNLwCo/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>With a double bottom reversal starting in JUP price after the recent correction, the trend momentum spikes up. As the uptrend continues, a bullish breakout of the 23.60% Fibonacci level at $1.32 could result in a price jump to $2.75.0</p>
<p>Hence, with a 200% upside target, Jupiter is one of the best buy options in our list of top Solana-based altcoins.&nbsp;</p>

Top 5 Solana-based Altcoin To Buy Amid Market Recovery

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