Best Cryptocurrencies to Buy Today, May 30 – Ethereum, BNB, Toncoin
Highlights:
- Ethereum drops slightly, but strong monthly gains and a bullish outlook make it a solid pick for the long term.
- BNB stays stable as the SEC lawsuit ends, which brings new hope and rising trust among crypto investors.
- Toncoin breaks key resistance and shows bullish signs with the next target set at 5.635 in coming sessions.
The market is cooling off after a strong rally in the past few days. At press time, the global market cap is at $3.34 trillion, a 1.82% decrease in the last 24 hours. However, the total trading volume is up 8.77% to $137.45 billion. The fear and greed index remains in the greed zone at an index of 61. According to past market trends, the market tends to cool off after a long activity in the greed index.
Bitcoin is on a downtrend after achieving an ATH last week. The coin is currently trading at $106,133, a 1.33% decrease in the past day and a 4.21% loss in the past week. The return of uncertainty in the market is driven by the recent trade tariffs and a second U.S. court blocking the tariffs introduced by President Trump. Most of the top 10 coins are trading in the red zone. With the market facing a healthy correction, here are the best cryptocurrencies to buy today.
Best Cryptocurrencies to Buy Today
1. Ethereum (ETH)
The second-largest cryptocurrency is trading at $2,636, representing a 3.24% decrease over the last 24 hours. The market value of the coin stands at $318.33 billion, and the trading volume is down by 3.21% to $24.7 billion. ETH has gained 45.71% on the monthly chart, making it one of the best cryptocurrencies to buy today.
Despite the dip, prominent crypto leaders are bullish on the future of the coin. Arthur Hayes, former CEO of BitMEX and a Bitcoin supporter, believes Ethereum could reach $5,000 by the end of the last quarter of this year. Despite the slow performance of ETH compared to Bitcoin, Hayes sees strong potential in Ethereum.
Arthur Hayes predicts Ethereum could hit $5K this year
BitMEX co-founder Arthur Hayes believes @ethereum $ETH could climb to $4,000–$5,000 by the end of the year. In an interview with Decrypt at Bitcoin 2025 in Las Vegas, he said ETH is currently the most hated layer-1…
— CoinNess Global (@CoinnessGL) May 30, 2025
Speaking on the sidelines at Bitcoin 2025 in Las Vegas, Hayes explained that Ethereum is currently the most hated layer-1 asset. Therefore, he believes it could outperform during the next market cycle. While ETH has not attracted much positive attention over the past year, momentum is building.
2. BNB (BNB)
The native coin of the BNB chain is trading at $673.83, a 1.20% decrease in the past day. Its trading volume has increased by 10.66% to $2 billion, while the market cap stands at $94.93 billion. In addition, the coin has gained 11.67% on the monthly chart.
The surge in the trading volume of the coin can be attributed to the recent developments surrounding the Binance exchange. The SEC has officially dropped its lawsuit against Binance and its founder, Changpeng Zhao. The case began in 2023 with serious allegations. The regulator claimed Binance offered unregistered securities and mixed customer funds. It also accused the exchange of letting U.S. users access the platform.
Huge win for crypto today. The SEC’s case against us is dismissed.
Thank you to Chairman Atkins & the Trump team for pushing back against regulation by enforcement. U.S. innovation is back on track – and it’s just the beginning.— Binance (@binance) May 29, 2025
Now, both parties filed a joint dismissal in a U.S. court in Washington. This move ends a long legal battle. The SEC called the dismissal appropriate and used its discretion to close the case. Additionally, the case was dismissed with prejudice. Therefore, the SEC cannot reopen it in the future. The dismissal of the case and the end of the uncertainty surrounding the platform are set to reignite investor confidence in the BNB coin.
3. Toncoin (TON)
TON is trading at $3.31, representing a 1.26% increase over the last 24 hours. The market cap stands at $8.26 billion, and the trading volume is down 58.68% to $510.78 million.
According to analyst CRYPTOzz, Toncoin is forming a broadening wedge pattern on the daily chart. The price recently broke above the upper wedge boundary. This breakout occurred near the 50-day moving average. The MA 50 sits at $3.475 and has now flipped to support.
Toncoin has crossed above the resistance of the descending broadening wedge on daily chart🔥
This breakout pattern indicates potential for continued rise toward $7.00 in midterm🚀👇Crypto Traders-join Telegram👇 https://t.co/4ApYM0VIA5
. pic.twitter.com/I0J0UeZmHy— Whales_Crypto_Trading 🐋 (@WHALES_CRYPTOzz) May 30, 2025
Toncoin has cleared key resistance at $3.531, and strong support remains at $2.928 and $2.298. The next resistance lies at $4.782. After that, $5.635 stands as the next price target of the coin.
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Austin Mwendia
Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.
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