The Best Altcoins to Invest in Today, Feb 4 – ETH, XRP, ONDO

Highlights:

• Ethereum, XRP, and ONDO emerge as the best altcoins to invest in amidst market bounce back.
• Ethereum ETF inflows and Eric Trump’s optimism boost ETH’s investment appeal despite recent price volatility.
• Ondo Finance’s extension of liquidity ramps up ONDO’s appeal as demand for tokenized Treasury grows.

The crypto market has rebounded after U.S. President Donald Trump paused tariffs against America’s largest trading partners, sparking fears of inflation and tighter monetary policy. The sell-off from the geopolitical tensions triggered over $2 billion in liquidations, affecting the market stability and investor sentiment.

Bitcoin has surged above the $100k mark after plummeting to the $91k level following the broad market setback, while most altcoins print double-digit gains. Moreover, the global market cap has surged 6% to $3.23 trillion, while the 24-hour trading volume stands at $246 billion.

As the market recovers from the dip, let’s take a look at the best altcoins to invest in today, such as Ethereum, XRP, and ONDO.

The Best Altcoins to Invest in Today

1. Ethereum (ETH)

Ether rebounded above $2,900 after Donald Trump decided to halt tariffs on Canada and Mexico, a move which saw ETH drop to $2,450. As of this writing, ETH is trading at $2,717 up by 9% in the past 24 hours. Despite the bullish resurgence, Ethereum is down by 12% and 22% on the weekly and monthly charts, respectively. Its market cap and trading volume are at $340 billion and $60 billion, respectively.

A recent tweet by President Trump’s son, Eric Trump, has sparked optimism among the crypto community. Eric Trump tweeted that it was a good time to buy ETH. His original post included, “You can thank me later,” but he later edited it.

🇺🇸 President Trump son Eric Trump said "In my opinion, it's a great time to add $ETH. You can thank me later" and investors are taking note ! Ethereum's value has surged, with prices reaching as high as $2921. Is this the Trump bump ? #Ethereum #Crypto pic.twitter.com/IG30YCRTaY

— BITCOIN EXPERT INDIA (@Btcexpertindia) February 4, 2025

In addition, the U.S. spot Ethereum ETFs saw net inflows of $83.54 million on Feb 3rd, marking the third consecutive trading day of inflows. As the market recovers from the recent dip and Ethereum ETFs, continue to show a positive outlook, investors searching for the best altcoins to invest in today should consider adding ETH to their portfolio.

2. XRP

Following the broad market recovery, XRP has retraced above the $2.70 mark, soaring by 12% in the past 24 hours. The recent pullback saw XRP drop to the $2.10 region, leading to a 15% drop on the weekly chart. As of this writing, XRP is trading at $2.56, and its market cap has surged to $154 billion despite the drop in the trading volume to $22.37 billion.

According to Reuters, the SEC will now require staff to secure commission approval before initiating formal investigations. This new policy, introduced under the agency’s leadership post-President Trump’s inauguration, aims to streamline enforcement actions by reducing staff autonomy. As a result, the process may experience delays, although the SEC has yet to issue a public statement on the matter.

SEC requires commission approval to launch probes

The SEC now mandates staff to obtain approval from its commissioners before formally launching investigations, a shift under new leadership following President Trump’s inauguration. According to Reuters, this change reduces staff…

— CoinNess Global (@CoinnessGL) February 3, 2025

Additionally, this procedural adjustment could positively influence the crypto market, particularly the demand for XRP. As regulatory uncertainties diminish, XRP emerges as one of the best altcoins to invest in today, especially given its past scrutiny under tighter SEC regulations.

3. Ondo (ONDO)

ONDO has seen an impressive rally today, surging by 13% in the past 24 hours, elevating the price to $1.32. The bullish momentum has pushed the market cap and trading volume to $4.15 billion and $980 million, respectively. Despite the recent bullish recovery, ONDO remains down by 15% on the monthly chart.

Recently, Ondo Finance introduced Ondo Nexus to enhance liquidity for tokenized Treasuries. The initiative expands issuer partnerships and offers 24/7 redemption. It integrates Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital liquidity. Existing partners like BlackRock and PayPal also contribute to the platform’s liquidity.

1/ Today, we're excited to announce the launch of Ondo Nexus, a new technology initiative designed to unlock instant liquidity for third-party issuers of tokenized Treasuries.

Leveraging OUSG’s instant minting and redemption capabilities, Ondo Nexus enhances the liquidity and… pic.twitter.com/nxUByooycQ

— Ondo Finance (@OndoFinance) February 3, 2025

Demand for tokenized Treasuries has surged, boosting investor confidence in Ondo Finance. Instant minting and redemption through OUSG improve liquidity for “yieldcoins.” As the Real World Assets sector expands, ONDO emerges as one of the best altcoins to invest in.