Best Cryptocurrencies to Invest in Today, July 25 – Ethena, Tron, Cardano

Highlights:

• Ethena has surged 10% as trading volume climbs, driven by a stablecoin deal with Anchorage Digital.
• TRON is up over 3%, and it has flipped Cardano as stablecoin use and regulatory clarity fuel investor interest in TRX.
• Cardano is facing a key test near $0.8002 as bulls try to hold support to avoid a deeper pullback in the short term.

The crypto market has entered a correction phase as most of the crypto traders take a profit. As of press time, the overall market cap is down 0.91% to $3.79. However, the trading volume is up 8.45% to $225.02 billion. The fear and greed index stands in the greed zone at an index of 68. Despite the huge profit-taking by investors, analysts believe that the bull run is not over. They believe institutional and retail demand will drive the next leg up of the market.

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Meanwhile, in the past day, over 200,000 traders were liquidated, and the total stands at $700.99 million, according to CoinGlass data. The top three cryptocurrencies in terms of market cap have recorded higher profit taking since the month of May. Despite the small correction in the market, here are the best cryptocurrencies to buy today.

Best Cryptocurrencies to Buy Today

1. Ethena (ENA)

ENA, the native token of the Ethena protocol, is trading at $0.4950, a 10.31% increase in the past day. Its trading volume has increased by 37.35% to $1.08 billion, while the market cap stands at $3.14 billion. In addition, the coin has gained 22.78% and 85% on the weekly and monthly charts, respectively.

The coin has defied the current trend of the market and is trading in the green zone. The rise can be attributed to the rising activity on the Ethena protocol. Ethena Labs has partnered with Anchorage Digital, a cryptocurrency bank, to issue USDtb in the U.S.

NEW! Anchorage Digital is thrilled to announce a strategic partnership with @ethena_labs to bring USDtb to the U.S., aligned with the regulatory standards of the newly enacted GENIUS Act. pic.twitter.com/1wtq4yOcLQ

— Anchorage Digital ⚓ (@Anchorage) July 24, 2025

The stablecoin will be the first to meet the standards of the recently passed GENIUS Act. Anchorage will bear the responsibility of issuing the stablecoin to the U.S. market. The increasing activity on the protocol is expected to drive the price of the native token higher.

2. TRON (TRX)

The native coin of the TRON blockchain has defied the bearish mood of the market and is trading at $0.3141, a 3.81% increase in the past day. However, its trading volume is down by 0.02% to $1.7 billion. Meanwhile, the market cap stands at $29.76 billion. The coin has gained 14.43% on the monthly chart.

Tron has flipped Cardano to become the 9th-largest crypto asset by market cap. Several factors, such as the rise of stablecoin activity on the blockchain, have led to the rally of the network’s native token. The regulatory clarity brought by the GENIUS Act is expected to drive the trading volumes of stablecoins higher. In addition, Justin Sun, the global advisor to Tron, rang the Nasdaq Stock Market Opening Bell on July 24. The company holds the largest treasury of TRX.

🔗 From entertainment to blockchain innovation.

📈 Tron Inc. (formerly SRM Entertainment) is now officially #NasdaqListed under its new name, pioneering blockchain-integrated treasury strategies.

🔔 Congrats on this milestone, $TRON! pic.twitter.com/OAn8Lp3pW0

— Nasdaq Exchange (@NasdaqExchange) July 24, 2025

3. Cardano (ADA)

ADA is trading at $0.7989, representing a 2.73% increase in the last 24 hours. However, the trading volume has decreased 7.11% to $1.98 billion, while the market cap stands at $28.28 billion.

Cardano is trading at around $0.79 on the daily chart after facing rejection just above $0.81. ADA now sits slightly below a key support zone at $0.8002. If bulls defend this zone, ADA could rebound toward $0.9436. This level acted as resistance in early March and may do so again.

The next major target sits at $1.2256. That level represents a strong resistance from February’s sharp rejection. To reach it, ADA must first break $0.9436. However, if bears push the price below $0.8002, the trend could weaken. Buyers must hold above $0.8002 to maintain momentum. Until then, consolidation around current levels remains possible.

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