News 
April 28, 2025 
7 min. 
Ethereum rivals are gaining attention as Ethereum’s price performance continues to disappoint, drawing criticism from major crypto figures like Cardano founder Charles Hoskinson. With Ethereum showing little to no significant growth, many traders are now turning their focus toward promising Ethereum alternatives that could potentially deliver 10x returns, especially as broader market sentiment leans bullish.
To put things into perspective, Ethereum’s current price is roughly the same as it was a year ago, while Bitcoin has soared by 68% in the same period. Well-known crypto trader Naiive also took a jab at Ethereum, pointing out that a $10,000 investment in ETH eight years ago would now be worth just $8,000.
Against the backdrop of bearish pressures and fading investor optimism, here are the top 5 Ethereum rivals to consider for turning $1K into $10K this May.
Top Ethereum Rivals to Buy Now for 10x Potential Gains in May
If you’re aiming for 10x returns this May, several Ethereum rivals stand out, including Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), and Sui (SUI). These altcoins have not only outshined Ethereum’s recent performance but also boast strong fundamentals and bullish technical signals, suggesting more upside ahead.
Ripple (XRP)
Ripple is emerging as one of the strongest Ethereum rivals to invest in right now, fueled by excitement around possible XRP ETF approvals. Currently, XRP’s fully diluted market cap has surged to $232 billion, surpassing Ethereum’s $219 billion.
On the technical side, XRP/ETH has reached its highest level in five years, following the formation of a golden cross, a classic bullish indicator. This suggests XRP has been delivering stronger returns than ETH. For investors aiming to transform a $1,000 investment into $10,000, reallocating funds from Ethereum to XRP could be a smart move.
Solana (SOL)
Solana continues to stand out as one of the strongest alternatives to Ethereum, largely due to its rapid network expansion. According to DeFiLlama, Solana’s Total Value Locked (TVL) in DeFi is nearing the impressive $9 billion mark, and its stablecoin market capitalization has reached record highs.
On top of that, SOL is positioned for a potential rally, fueled by bullish factors such as the possibility of ETF approvals. Should these ETFs receive the green light, an investment of $1,000 in Solana today could potentially grow into $10,000.
Dogecoin (DOGE)
Dogecoin is gaining significant traction, with its rising open interest reflecting growing enthusiasm among investors, positioning it as a strong Ethereum competitor to consider right now. According to Coinglass, Dogecoin’s open interest has steadily climbed over the past three weeks, reaching $1.87 billion at the time of writing.
Moreover, around 71% of Binance traders with active positions are betting long on Dogecoin, signaling strong market optimism for this leading meme coin. Should DOGE rally from its current levels, holders could potentially see their investments multiply tenfold.
Cardano (ADA)
Cardano is increasingly being viewed as one of the top Ethereum rivals to watch, especially after its founder, Charles Hoskinson, expressed a bearish outlook on Ethereum, predicting it could collapse within the next 15 years. His comments have fueled speculation that Cardano might offer a more promising investment opportunity.
From a technical perspective, ADA has rebounded from a major demand zone and is now targeting the $0.93 level. Additionally, the Relative Strength Index (RSI) is climbing and currently sits at 55, signaling growing bullish momentum, while the MACD has turned positive by crossing above the zero line.
Sui (SUI)
Sui (SUI) has significantly outpaced the broader cryptocurrency market, recording an impressive 70% gain over the past week. Its market capitalization has soared to $12 billion, positioning it within reach of breaking into the list of the top ten largest cryptocurrencies by market value.
Currently, SUI trades just 28% below its all-time high. The strengthening uptrend, as indicated by the Accumulation/Distribution (AD) line, suggests further growth could be on the horizon.
Additionally, the positive momentum shown by the Awesome Oscillator (AO) bars supports a bullish outlook for SUI and hints at the potential for continued upward movement.
Summary of the Best Ethereum Rivals to Buy
As Ethereum continues to lag behind many other cryptocurrencies, investors are increasingly on the lookout for the top Ethereum rivals to buy for potentially higher returns. Among the standout altcoins that offer strong growth potential are XRP, Solana (SOL), Cardano (ADA), Dogecoin (DOGE), and Sui (SUI). With the right market conditions, investing $1,000 in these promising assets today could potentially grow into $10,000 over time.
