LTC Shows Signs of Recovery as Experts Highlight Top Cryptos for May

As the cryptocurrency market gains momentum in May 2025, traders are focusing on projects with substantive utility. Among the highlighted cryptocurrencies, Litecoin (LTC) is showing promising signs of recovery after recent pullbacks. Experts are also eyeing Polkadot (DOT), Hyperliquid (HYPE), and Web3 AI (WAI) as standout candidates due to their network growth, technical indicators, and innovative applications.

Best Crypto To Buy In May: Experts Eye Web3 AI, Polkadot, Hyperliquid, & Litecoin

The cryptocurrency market is gaining momentum in May, with traders focusing on projects offering substantive utility beyond mere price speculation. Polkadot (DOT) demonstrates consistent network growth alongside bullish technical indicators, while Hyperliquid (HYPE) tests a critical resistance level. Litecoin (LTC) shows signs of recovery following recent pullbacks.

Web3 AI (WAI) emerges as a standout candidate, distinguishing itself through operational infrastructure rather than promises. The platform delivers a functional suite of tools for trading simplification, portfolio optimization, risk management, and scam detection. With development completed and launch imminent post-listing, early adopters may benefit from first-mover advantages.

Bitcoin Holds Steady Near $94.7K Amid Market Volatility

Bitcoin traded NEAR $94,700 late Wednesday, showing resilience with a marginal 0.4% decline over 24 hours. The cryptocurrency maintained its tight-range movement despite brief volatility, mirroring a recovery in U.S. stock indices after an early sell-off.

Altcoins faced sharper losses before a partial rebound. The CoinDesk 20 index dropped 2%, with Litecoin (LTC), Ripple (XRP), Avalanche (AVAX), and Chainlink (LINK) each shedding around 4%. Crypto equities followed the downward trend, particularly bitcoin miner Hut 8 Mining Corp (HUT), which fell 5.7%.

Traditional markets initially stumbled on weak economic data, with major indexes plunging over 2% before paring losses. The S&P 500 eked out a marginal gain, while the Nasdaq closed just 0.1% lower.

Solana and Litecoin Show Diverging Signals Amid Market Recovery

Solana’s 3% gain on Thursday belies underlying bearish pressure in derivatives markets, with negative funding rates signaling increased short positioning. The altcoin struggles to hold above $150 despite a recent V-shaped recovery.

Litecoin outperforms with a 6% rally, testing key resistance at $90-$95 as it forms an ascending triangle pattern. The broader crypto market rebound lifts both assets, but on-chain metrics reveal divergent trajectories.