Talk about a major shakeup in the crypto market. Coinbase made a huge announcement yesterday with its $2.9 billion acquisition of derivatives powerhouse Deribit, causing everyone to sit up and take notice.
As the market reacts to this power move, smart investors are rushing to identify the best cryptos to buy while prices adjust. Let’s cut through the noise and look at four promising coins that could benefit from these two crypto giants coming together.
1. Bitcoin (BTC)
Bitcoin (BTC) is back above the $100,000 mark, jumping almost 5% to $103,750 in the last 24 hours. And the timing of Bitcoin’s rally couldn’t be more perfect after the Coinbase news broke.
There’s a reason BTC is so in demand right now. Deribit already controls most of the Bitcoin derivatives market, and now Coinbase is bringing that under its regulated, mainstream-friendly roof. It’s an enormous shift in how institutional money can access Bitcoin exposure.
When Wall Street types get easier access to Bitcoin options and futures through a platform they already trust, the likely outcome is that they’ll load up on more BTC. That would be great news for holders.
Ultimately, smart money is betting that this creates a better on-ramp for the enormous pools of institutional capital still sitting on the sidelines. That makes Bitcoin one of the best cryptos to buy after Coinbase made its big move.
2. Solaxy (SOLX)
While everyone’s looking at Bitcoin, smart investors are beginning to load up on Solaxy (SOLX). Solaxy is building something the crypto ecosystem desperately needs: the first-ever Layer-2 scaling solution for the Solana blockchain.
Here’s why it matters: Coinbase buying Deribit means we might see a wave of institutional derivatives trading hit the market. And if that happens, Solana’s network congestion could go through the roof – again.
Solaxy’s rollup tech could be the perfect solution at the ideal time. By bundling transactions off-chain before settling them on Solana, Solaxy tackles the exact problems that keep hindering high-frequency traders and DeFi users.
With over $33.8 million already raised in its presale, Solaxy is already setting a strong foundation. Early investors are able to buy the native SOLX token in presale for just $0.001718, though that price will rise every few days.
Crypto expert ClayBro believes Solaxy could “run 20x” after it goes live on exchanges. If you’re hunting for the next big infrastructure play, Solaxy might be one of the top options to add to your watchlist.
3. Aave (AAVE)
If you’ve been sleeping on Aave (AAVE) recently, now is the time to start paying attention. This DeFi OG is experiencing a comeback, positioning itself in the middle of institutional crypto adoption and derivatives trading.
Coinbase didn’t just buy Deribit for fun. They’re betting big on derivatives trading becoming mainstream. And when sophisticated traders enter the derivatives space, they need ways to leverage, hedge, and optimize their capital.
That’s where Aave’s lending and borrowing protocol shines. With operations across 14+ networks and features like flash loans, Aave provides exactly the kind of financial infrastructure that derivatives traders need.
Think about it – institutional traders using Deribit through Coinbase will be looking for efficient ways to put their crypto to work. Many will discover they can borrow against their holdings on Aave or earn yield during market bull lulls. That could ramp up demand for the native AAVE token.
4. EigenLayer (EIGEN)
The bullish market conditions are also lifting EigenLayer (EIGEN) right now. EigenLayer is an Ethereum-based project that’s fundamentally changing how blockchain security works.
The genius of EigenLayer is simple: it lets ETH stakers “double-dip” by using their already-staked ETH to secure additional protocols. With over $15 billion already locked in the protocol, the market is clearly betting that this model works.
So, why might EIGEN benefit from the Coinbase-Deribit deal? It’s all about infrastructure. As derivatives trading explodes post-acquisition, investors will need rock-solid infrastructure for settlement, oracles, and data availability. That’s what EigenLayer’s Actively Validated Services provide.
Coinbase already supports EigenLayer through its Prime offering, giving institutional investors direct access. That makes EIGEN another of the best cryptos to buy this week.
