Amid a rally that’s seen the crypto market cap hit $4 trillion for the first time, JP Morgan is now moving toward crypto-backed loans, signaling that its anti-crypto stance is quietly melting away.
The move reflects a shift in how US banks view crypto, with the approvals of GENIUS Act and Clarity Act at last week’s Crypto Week also fueling positive sentiment. Crypto investors are well aware of this institutional pivot and so are exploring opportunities to maximize their gains in the weeks ahead.
With it looking like a new altcoin season is imminent, which cryptocurrencies could benefit the most from the increasing institutional adoption? We take a closer look at JP Morgan’s move and explore four of the best cryptos to buy amid this development.
JP Morgan Eyes Crypto Loans
JP Morgan may start lending directly against crypto assets, such as Bitcoin and Ethereum, according to a report by The Financial Times. The loans are expected to be finalized by 2026, although this is subject to change.
However, an unidentified source told The Financial Times that JP Morgan CEO Jamie Dimon’s previous remarks about the crypto industry have alienated some potential clients.
Dimon has been critical about crypto in previous years, with the exec even calling it a “scam” in 2018. However, he appears to finally be succumbing to positive sentiment fueled by ETFs, regulatory clarity, and increased investor demand.
“The same banks that laughed in 2017? They are positioning now,” wrote Wise Advice on X.
Indeed, it’s another step toward the full integration of digital assets into the traditional finance (TradFi) sector, something that could bolster the crypto industry’s credibility and adoption. This could drive substantial gains for investors who position correctly.
As such, here are four cryptos that could benefit the most from the news:
Bitcoin Hyper
Bitcoin is known for security and decentralization. It’s why it possesses a market capitalization of over $2 trillion, and it’s why institutional demand has outweighed that of most other assets this year.
However, Bitcoin is limited in terms of speed, fees, and functionality. Transactions take around 60 minutes to finalize, fees can cost over $100, and the network is primarily limited to sending and receiving functions. That’s why the Bitcoin layer 2 blockchain, Bitcoin Hyper, could be the best crypto to buy now.
It’s a Bitcoin-aligned blockchain with sub-second finality, dirt-cheap fees, and smart contract support. The blockchain is built using the Solana Virtual Machine, meaning Solana developers can port their apps to the network in minutes. And Bitcoin Hyper does not sacrifice security or decentralization. Transactions are reported to L1 in batches, ensuring immutability and long-term security.
The project is currently undergoing a presale and has raised $4.1 million to date, demonstrating significant investor interest. With Bitcoin spearheading the current rally by recording a new all-time high last week, sentiment around the BTC ecosystem is bullish.
And as institutional appetite for Bitcoin rises, we could well see the $HYPER price surge once it lists on exchanges in the near future. Visit Bitcoin Hyper.
Arbitrum
While Bitcoin Hyper may offer the strongest option among Bitcoin L2s, Arbitrum is winning in the Ethereum realm. It’s an Ethereum L2 built using Optimistic Rollups technology, which allows for the submission of transaction batches back to Ethereum in a single transaction, making it cheaper and faster than using Ethereum L1 directly.
Arbitrum’s total value locked has surged by almost 50% since April, rising from $2 billion to $2.9 billion. There are also over $3 billion worth of stablecoins on the Arbitrum network. This is dry powder that could be invested in $ARB or ecosystem tokens as the bull market unfolds.
It’s worth noting that the project has also seen substantial TradFi adoption recently, with eToro announcing it will launch its tokenized stocks trading platform on the app.
Similar to Bitcoin Hyper, increasing institutional appeal in Ethereum will drive users to seek out aligned infrastructure with heightened transactional capabilities. We can already see remnants of this playing out with eToro’s app plans. That’s why $ARB has rallied 74% this month.
TOKEN6900
TOKEN6900 is a new meme coin highlighting the absurdity of modern finance. JP Morgan FUDed Bitcoin below $50,000, only to offer it to clients at $120,000. Money printers are on (brrr,) and meme coin prices are skyrocketing. It’s peak brain rot season.
TOKEN6900 is a meme coin that, rather than pulling you away, aims to help you capitalize on this absurdity. It follows in the footsteps of SPX6900 – which hit a new all-time high last week and is up over 1,000% since last year – and vies to deliver huge gains on what it calls “collective meme-fueled delusion.”
However, while SPX6900 is currently worth $1.8 billion, TOKEN6900 is undergoing a presale. The presale is rapidly approaching the $1 million raised milestone, reflecting strong demand but also leaving massive room for growth.
However, the $T6900 presale has a $5 million hard cap. This means investors must act quickly or risk missing out, especially given the current bullish conditions in the market. Visit TOKEN6900.
Solana
Solana made a name for itself with its meme coin infrastructure, featuring tokens like Bonk, Dogwifhat, and OFFICIAL TRUMP, alongside platforms like Pump.fun, which created a vibrant rail for light-hearted speculation.
But Solana is more than a home for joke tokens. It’s an increasingly popular asset for institutional players. BlackRock and Franklin Templeton migrated their tokenized money market funds to the chain this year, and the Solana Foundation secured a partnership with R3, allowing clients such as HSBC and Barclays to utilize the network.
R3’s website emphasized that the move provides Solana with access to broader liquidity and a new investor pool, while offering TradFi players the benefits of Solana’s DeFi ecosystem. These benefits include access to regulated real-world assets (RWAs) and new yield opportunities.
Currently, Solana trades at $199, having rallied by 4% today despite the broader market trading at breakeven. $SOL has also flipped BNB to become the fourth-largest cryptocurrency, underlining its strengthening position in the market.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. ModernDiplomacy.eu is not a licensed crypto-asset service provider under EU regulation (MiCA). Cryptocurrencies are highly volatile and involve significant risk. Always conduct your own research and consult a licensed advisor before making any investment decisions.