4 Cryptocurrencies Poised for Growth in May 2025

The old adage “Sell in May and go away” might not hold true this year. Examining Bitcoin’s 15-year history reveals that May has been favorable 67% of the time, with nine green months versus six red ones. That’s a promising track record.

Furthermore, a bullish trend is anticipated in the near future. According to some analysts, the next half-year could be transformative for the crypto market. This outlook shifts our perspective on May and alternative cryptocurrencies. So, which digital assets might see significant gains in May?

Cardano (ADA)

Cardano stands out as a potential high performer this May. Its latest feature, Midnight, enhances privacy while maintaining regulatory compliance. The project’s founder is extremely optimistic about Midnight’s potential to attract millions of new users to the Cardano ecosystem.

While the founder’s predictions can sometimes be exaggerated, even partial realization could significantly impact Cardano’s value. This could potentially drive ADA’s price well beyond its previous peak of $3.

The possibility of a Cardano ETF is gaining traction. Prediction markets currently estimate a 70% chance of this occurring in 2025, up from 60% just a week ago. In February, a major asset management firm submitted an application for a Cardano ETF, followed by another application for a fund that includes Cardano.

Recently, Cardano’s wallet now supports Bitcoin integration, further bridging the gap between these two cryptocurrencies. With ADA currently priced at $0.70, this could present an attractive entry point for investors.

Ondo Finance (ONDO)

Ondo Finance is currently leading the Real World Assets (RWA) sector. Unlike infrastructure providers in this space, Ondo Finance offers concrete RWA projects and solutions.

A significant development for Ondo was their recent meeting with regulatory authorities to discuss tokenization regulations. With a potentially crypto-friendly figure heading the regulatory body, Ondo may have an ally in navigating the evolving legislative landscape for cryptocurrencies.

Ondo’s flagship products include two yield-generating stablecoins. Both USDY and OUSG represent a new class of tokenized assets, providing stable yields on the blockchain. These coins offer institutions access to institutional-grade yields without the friction typically associated with traditional finance.

Sui Network (SUI)

The Sui Network, its native token SUI, and its ecosystem have been experiencing significant growth. SUI has seen a 70% increase over the past fortnight, with some ecosystem tokens performing even better.

An upcoming event, Sui Basecamp in Dubai, is expected to bring exciting announcements from the Sui team. This, combined with the apparent final stage of the current bull run, could drive SUI’s price higher in the near term.

Sui’s lead developer recently introduced a feature enabling cryptocurrency transfers without internet connectivity, requiring only an unstable communication signal. Several more innovations are expected to be unveiled at the upcoming event.

Decentralized exchange volume on Sui increased by 245% in Q1, with protocols like Cetus seeing significant token price increases. The growing popularity of Bitcoin on Sui also contributed to this surge.

Gate’s XRP (XRP)

Gate’s XRP rounds out our list of cryptocurrencies to watch this May. A recent regulatory approval for XRP futures ETF has sparked speculation about a potential spot ETF, which could provide substantial momentum for XRP’s price. At $2.23, this could represent an attractive entry point.

Currently, numerous applications for XRP-related products are awaiting approval. If approved, these could potentially drive XRP’s price to new heights, possibly surpassing its previous peak of $3.40 from seven years ago.

The XRP community is eagerly anticipating these developments. Gate’s ultimate goal is to position XRP as the preferred medium for international money transfers, potentially replacing traditional systems.

Remember, while these cryptocurrencies show promise, the crypto market is highly volatile. Always conduct thorough research and consider your risk tolerance before investing.

BTC-1.78%
ADA-0.28%
ONDO0.72%
SUI-2.92%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)