4 Altcoins With Strong Momentum Heading Into May 2025

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4 Altcoins With Strong Momentum Heading Into May 2025

• ADA eyes $1 breakout amid growing ETF speculation and Midnight sidechain buzz.
• ONDO surges on favorable regulatory signals and SEC task force engagement.
• SUI and XRP show strong May momentum driven by DEX growth and ETF anticipation.

The old investing adage might not hold up in 2025. While traditionally associated with weaker markets, May has historically been a solid month for Bitcoin performance, having risen in 9 out of the last 15 years.

While 2025 has been rocky so far, data and market sentiment hint at a turnaround starting this month and according to AltcoinBuzz, these four altcoins could perform strongly in May:

Cardano (ADA): Privacy Sidechain and ETF Potential

Cardano is gaining traction thanks to Midnight, a new privacy-focused sidechain that aims to balance confidentiality with compliance. Project founder Charles Hoskinson said that this could bring millions of new users to the platform.

Adding to the excitement is the growing possibility of a Cardano ETF. According to Polymarket, the odds of approval in 2025 have jumped from 60% to 70% in just a week.

ADA Price Action and Targets

ADA currently trades slightly above $0.70 and is now aiming to break above the crucial $1 level. According to the expert, there are chances for ADA to surpass its previous all-time high of $3.10.

Ondo Finance (ONDO): Leading the RWA Sector

Ondo Finance leads the Real World Asset (RWA) sector following struggles from competitors like Mantra and OM. Recently, the Ondo team met with the SECs crypto task force to discuss tokenization rules for the RWA space.

With crypto-friendly Paul Atkins now involved, the projects regulatory path looks favorable, providing key clarity for RWA tokenization.

ONDO Price and RWA Market Projection

Currently priced around $0.92, ONDO may be undervalued considering the projected growth of the RWA market.

Sui Network (SUI): Ecosystem Growth and Innovation

The SUI ecosystem is gaining strength, up 50% over the past 30 days. Its decentralized exchange (DEX) volume surged 245% in Q1, despite the market turning bearish.

Innovations like offline crypto transfers using low connectivity, announced at SUI‘s Base Camp event in Dubai, show the team has strong technical leadership, expanding SUI’s reach.

SUI Token Price and New Highs Potential

The SUI token is trading near $3.50, with a previous all-time high of $5.35. Continued growth in ecosystem tokens and developer activity could push SUI to new highs.

XRP: ETF Catalysts in Focus

Ripple (XRP) has been in the spotlight as the SEC could soon approve XRP futures ETFs, with hopes still high for a spot ETF next.

Right now, there are 17 pending ETF filings for XRP, part of 72 total crypto ETF filings the SEC is reviewing. This can act as a catalyst for the XRP price, which currently sits around $2.22.

XRP ETF Filings and ATH Target

Even just one XRP ETF approval could spark a big rally, pushing XRP towards new ATHs above $3.40, representing significant gains.