The crypto market is in the dreaded red zone. Major tokens took a nosedive yesterday; even $SOL, $DOGE, and $ETH have dropped by more than 10%. But it’s not all downbeat: $XRP, the best presale coins, and AI tokens stand tall. 

It’s plausible that Bybit caused liquidation problems, causing the entire market to take a turn for the worse.

Late last week, the crypto exchange lost $1.5B worth of crypto in the most prominent digital heist to date, causing investors to trade their digital assets elsewhere. 

$XRP, the Best Presale Coins & AI Tokens Thrive

But the bullish impetus in the market remains. Last week, $XRP-based inflows captured $39.3M, fueled by Brazil’s green light for the world’s first $XRP ETF and anticipation of the Ripple vs. SEC saga coming to an end.

📉 Further outflows of US$508m following uncertainty on tariffs and monetary policy

Digital asset investment products saw outflows totalling US$508m. #Bitcoin saw outflows of US$571m while #XRP led the way with inflows of US$38.3m. #Solana, #Ethereum and #Sui followed with… pic.twitter.com/gqwXcsetp5

— CoinShares (@CoinSharesCo) February 24, 2025

Now’s a good time to seek a safe haven in volatility-immune presale coins, like $BEST and $SOLX, as well as AI tokens on the rise, like $VANA.

Since yesterday, AI coins are up by 111.16%, demonstrating their strength amid the broader market downturn.

1. Best Wallet Token ($BEST) – Cost Saving in Novel No-KYC Crypto Wallet

$BEST is one of the best presale coins with high-profit potential, as it gives Best Wallet users compelling advantages (like early access to new projects).

Best Wallet is a straightforward crypto wallet on a mission to capture 40% of the $11B non-custodial wallet industry before 2026 kicks off. 

Other major Best Wallet boons include not requiring KYC, being the first of its kind to feature presale coins at their lowest-ever prices, and soon supporting over 60 blockchains. 

Supporting so many networks will give users seamless access to a suite of new coins – you’ll no longer need to juggle their digital assets across multiple platforms.

Buying $BEST opens significant perks in the already thriving Best Wallet ecosystem (as evidenced by the presale snagging $10.5M). It grants lower transaction fees, community governance, and high staking rewards, currently at a hefty 153% APY. 

Better still, it’s available on presale for just $0.024125, making now a prime time to buy $BEST before it attracts mainstream attention. 

2. Solaxy ($SOLX) – Low-Cap Entry Point to First Ever Solana L2

Next up is $SOLX, the entry point to the world’s first Solana Layer-2 (L2) network, Solaxy. 

It’s being developed to combine meme coin transactions and offload them to a side chain, speeding up transactions, lowering gas fees, and minimizing the likelihood of failed transfers.

Considering that just weeks ago, 60% of Solana network transactions failed amid the $LIBRA meme coin rug pull, Solaxy’s utility has never been more critical. 

To top it off, the L2 bridges Solana with Ethereum for smooth cross-chain transfers, combining both network benefits (scalability and liquidity) and expanding the reach of their digital assets. 

Given that crypto whales funneled an extra $15,122.92 and $10,515.36 into the project just three days ago, It’s not surprising that $SOLX has already raised over $23.4M on presale. 

You, too, can buy $SOLX, currently for just $0.001646. We anticipate its price hitting $0.032 following the L2 network’s launch, so there might not be a better time to get involved. 

3. Vana ($VANA) – Partake in AI Developments, Get Token Perks

$VANA’s 24-hour trading volume has shot up by over ~45% since yesterday, signaling heightened investor interest in its EVM-compatible Layer 1 (L1) blockchain network, Vana. 

Vana introduces data liquidity pools, enabling users to contribute their data to be validated and tokenized. It aims to boost the data’s value by adding ownership and transparency. 

The token plays a pivotal role in the ecosystem. It’s used for transaction fees and boosts network security through staking and governance rights – compensating users for participating in its AI developments. 

Considering that the entire AI token ecosystem is valued at a whopping $31.13B and the tokenization market is anticipated to hit $5.6B by the end of 2026 (at a 19% CAGR), $VANA’s success shows no signs of slowing down. 

Albeit more expensive than the coins mentioned above at $8.82, it’s a low entry point into two thriving markets. Plus, it’s available to purchase on major exchanges, including Binance, Bybit, and Upbit. 

Verdict – The Crypto Market’s Not All Doom & Gloom

When considering the novel developments of the best presale coins and AI tokens like $VANA flourishing, the crypto market isn’t full of despair. 

This is especially true when considering that buying coins during market turmoil can be a strategic move. Now’s a great time to buy coins at their lowest current prices before their prices rise when the market recovers.

But we are not financial advisors. You must always DYOR when making crypto investments and never spend more than you’d be sad to lose.

The crypto market is in turmoil, with its total market cap plunging by $325 billion since last Friday. Bitcoin’s price took a sharp 8% hit, dropping to the $87,000 mark. Leading altcoins like Ethereum, XRP, and Solana saw losses exceeding 12%.

So, here we take a quick look at the potential reasons that may have dampened the investors’ sentiment.

Why Is Crypto Market Falling?

A flurry of factors might have contributed to the recent crypto market collapse. A combination of liquidity issues, macroeconomic trends, and technical sell-offs appears to be behind the latest downturn.

According to The Kobeissi Letter, a leading global capital markets commentary platform, crypto markets erased $100 billion in just one hour today without any major headlines. The platform pointed out that around $150 billion in liquidations occurred in 24 hours, dragging almost all cryptocurrencies down.

Even the meme coin sector, which had been booming, saw a steep decline. Notably, CoinGlass data showed that $1.49 billion has been liquidated in the last 24 hours amid the broader digital assets market crash. As of writing, the global crypto market cap stood at $2.9 trillion.

Solana’s Downfall Triggered Selling Pressure

Solana was one of the key players in the recent crypto frenzy, especially with meme coins driving its rapid surge. However, as memecoin hype started fading, Solana price suffered a drop of around 20% in a week. Initially, this decline remained isolated from Bitcoin, but it later spread across the market.

Adding to the market-wide sell-off, the S&P 500 also began losing ground on Friday. Bitcoin, often correlated with broader financial markets, followed suit. Once Bitcoin broke below the $98,000 support level, panic selling intensified. As of writing, BTC price was down about 8% and hovered near the $87K mark.

Citadel’s Crypto Pivot and the Bybit Hack Impact

Interestingly, the sharp decline came just hours after a report that the $65 billion financial giant Citadel Securities is exploring the crypto space as a liquidity provider. However, instead of boosting market sentiment, the news triggered a “sell-the-news” reaction.

Another major blow came from the Bybit hack, which cybersecurity firm Arkham Intelligence described as the “largest financial heist in history.” The hack exceeded $1 billion in stolen assets, more than doubling the infamous $611 million PolyNetwork breach in 2021. Such security incidents erode investor confidence, leading to more panic-driven exits from the market.

Crypto Market Pullback: Normal Correction or Bull Run End?

Ethereum’s weakness has added more strain to the broader crypto market. The recent wave of selling appears to be a mix of technical pullbacks and declining liquidity. However, analysts suggest that such corrections are part of a healthy market cycle.

For context, in a recent X post, popular market expert “il Capo Of Crypto” hints at a “strong bounce” in the market. These comments indicate that despite the short-term selloff, the crypto market is likely to witness a strong comeback in the coming days.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.