Best Altcoins to Invest in Today, May 3 – ENA, HYPE, ETH

Highlights:

• Ethena, Hyperliquid, and Ethereum stand out as the best altcoins to invest in today with strong momentum.
• Coinbase and Binance listings boost ENA and HYPE’s market activity and investor interest.
• Ethereum’s ascending triangle hints at a possible breakout, signaling potential price gains soon.

Crypto prices soared on Tuesday as Bitcoin, the flagship asset, surged above the $106k level after a period of volatility. The overall market capitalization has risen to $3.31 trillion, while the 24-hour trading volume gained 27% to $112 billion. In addition, the fear and greed index has dropped to neutral sentiment at 58 levels. Amidst this positive outlook, several altcoins are showing good entry positions, which could lead to significant price movements. In the section below, we will discuss the best altcoins to invest in today, such as Ethena, Hyperliquid, and Ethereum.

Best Altcoins to Invest in Today

1. Ethena (ENA)

In the past month, the price of Ethena increased by +15% but declined by -12% over the past week. Over a six-month span, there was a major decline of 62.20%, showing a lot of downward pressure on the price. The range for trading at this stage was between $0.22 and $0.43, showing that there was a lot of volatility and that values kept falling. At the time of writing, Ethena trades around $0.3370, which represents an 8.50% rise over the previous day.

The Ethena token has been included by Coinbase on its listing roadmap. The platform included the token and said trading could start only when technical and market demands are met. They consist of improved support for market-making activities and building the right infrastructure. Because of the announcement, ENA temporarily climbed to $0.338 and then settled at $0.330. Investor interest remained high, with trading volume doubling to $254 million within 24 hours.

Assets added to the roadmap today: Ethena (ENA)https://t.co/rRB9d3hSr2

— Coinbase Assets (@CoinbaseAssets) June 2, 2025

Because of its recent rise and being recognized by Coinbase, ENA is now being seen as one of the best altcoins to purchase today. The token’s potential lies in growing demand and increasing liquidity, making it worth watching for new opportunities.

2. Hyperliquid (HYPE)

Hyperliquid has been on a remarkable rally recently, surging by over 70% on the monthly chart. Despite the recent decline of 5% on the weekly chart, the altcoin is back on a positive track again. Over the past 24 hours, HYPE has gained 10% to trade at $36. 

Spot trading for Hyperliquid’s native token, HYPE, is about to start on Binance U.S. After the announcement, there was a price rally, with HYPE edging its all-time high. No launch date has been confirmed yet, but investors are feeling more positive because of the news.

The $HYPE is real.

Spot trading for @HyperliquidX is coming soon to https://t.co/AZwoBOh0gq. Follow us to get notified when our new listing goes live. pic.twitter.com/CrpenFv2uh

— Binance.US (@BinanceUS) June 2, 2025

Data from 0xMether shows that average gains in tokens listed on Binance spot markets are around 63.6% and these gains usually stick around after one week. It suggests that HYPE could start on a positive note when trading begins. Because of this, HYPE is considered one of the best altcoins to invest in today.

3. Ethereum (ETH)

The largest altcoin, Ethereum, has surged by 4.40% to trade at $2,611 over the past 24 hours. The altcoin has gained 40% over the past 30 days. Moreover, its market cap and trading volume have surged to $316 billion and $18.95 billion, respectively. 

Ethereum is currently in an ascending triangle pattern, which indicates sustained upward progress. There is a good chance that the price will soon break out past the resistance level. The price is currently $2,608 and a possible gain of over 10% could happen if it rises. This setup shows that bullish pressure is increasing since ETH keeps hitting higher levels.

$ETH is Still Moving Inside the Ascending Triangle

Expecting Breakout soon#ETH #Ethereum pic.twitter.com/PD39iV96Yf

— ZAYK Charts (@ZAYKCharts) June 3, 2025

Because of its solid structure and chances of breaking out, ETH is considered one of the best altcoins to invest in today. Its stability and rising popularity among buyers make the token an attractive way to find new opportunities in the crypto world.