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What Are the Next Crypto Coins to Boom in 2023?
Author: changehero
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The crypto market is infamous for its ability to multiply wealth but only if you manage to make the right choices. Playing it safe with Bitcoin can also be profitable in the long term but some crypto traders seek more immediate gains. Wondering which coins will explode in 2023? We made a long list of 14 entries to satisfy any risk appetite.

Key Takeaways


This article is not a piece of financial or investment advice. No price prediction is guaranteed to provide exact information on the future price.

When dealing with cryptocurrencies, remember that they are highly volatile and therefore, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investing in cryptocurrencies only after careful consideration and analysis of your own research and at your own risk.

Shortlist of Our Candidates for the Next Coin to Explode (2023)

Pundi X (PUNDIX)

pundi x logo

Pundi X (PUNDIX) is a blockchain-based project that aims to make cryptocurrency transactions more accessible and convenient for everyday users. Its main product, the XPOS device lets businesses accept any variety of cryptocurrencies as payment, making it easier for consumers to use digital assets in their day-to-day lives. Pundi X envisions a future where anyone can buy, sell, and transact in cryptocurrencies with ease, bridging the gap between traditional financial systems and the blockchain world. The project also offers the Pundi XPass Card, a physical card that can be used for crypto payments, and the XWallet, a mobile app for managing digital assets.

Why is it one of the coins that will explode in 2023?

Crypto payments are an evergreen use case, which gives legitimacy and value to crypto projects. Especially in the case of Pundi X, which shipped real products and has a considerable presence in the United States, Spain, Argentina, Korea, Australia, Colombia, Spain, and Taiwan markets. Even though its price history does not look promising today, and overtaking its early-day ATH of $7.14 seems a herculean task, PUNDIX has the potential to crypto explode 2023.

Toncoin (TON)

ton (toncoin) logo

The Open Network (TON) is a blockchain project initiated by Telegram, a popular messaging app. TON aims to create a decentralized platform that offers fast and secure transactions, smart contracts, and decentralized applications (dApps) for its users. TON’s Byzantine Fault Tolerant (BFT) consensus protocol ensures the network’s reliability and resistance to malicious attacks. It also has plans to integrate with Telegram’s existing user base, potentially allowing millions of users to easily access and utilize blockchain-based services. The Open Network seeks to revolutionize the way people interact and transact in the digital world through its decentralized infrastructure.

Why is TON among the next coins to blow up?

In comparison to other coins on this list of cryptos that will explode, TON is relatively well-known. Today, it ranks 14th by market capitalization (according to CoinMarketCap). It could be said that it has already blown up to be ranked so high, but we believe it can surprise everyone even more and become the next big crypto.

In the last cycle, during the Bitcoin bull run, TON increased in value by 663%. For a coin in the top 15 with a $4.8B market cap, this is a reasonable degree. However, in November 2021, TON has just launched and has not generated enough value to skyrocket. By 2023, it has become an attractive platform for builders with a $9.9M total value locked (TVL). It is on a rather low end as far as DeFi platforms go, but we have to remember that the DeFiLlama tracking is not complete (the official tracker lists 551 dApp). Even if it was close to the real number, mid- to low-cap coins and tokens take off more easily than crypto giants.

Axelar (AXL)

axelar axl logo

Axelar (AXL) is a decentralized network that aims to connect different blockchain ecosystems, enabling seamless interoperability and communication between them. It provides a decentralized protocol that allows for the transfer of assets, data, and messages across various blockchains. By bridging these different networks, Axelar aims to overcome the limitations of isolated blockchain systems and foster a more connected and scalable blockchain ecosystem. The AXL token serves as the native currency of the Axelar network and is used for governance, staking, and as a medium of exchange within the ecosystem. Axelar’s goal is to enable a more efficient and interconnected blockchain landscape, ultimately driving greater innovation and adoption in the industry.

Why AXL out of all the small cryptos that will explode?

Interoperability is also not a new trend when it comes to the blockchain industry. By now, there are so many independent blockchains with ecosystems of their own that would greatly benefit from connecting to other platforms, that projects with this use case are well-positioned to become a cryptocurrency that will explode.

Take, for example, Polygon (MATIC) before 2021. Back then, it was known as Matic Network and had a market cap that placed it 112th in the CoinMarketCap ranking. Today, it is a top 12 coin because in 2021, it rebranded to Polygon, shipped a useful product, and became a leading scaling solution for Ethereum. Axelar has the vision to be the “interchain Web3” solution and the means to achieve it.

Solar (SXP)

solar sxp logo

Before Solar (SXP) there was the Swipe platform, a decentralized finance (DeFi) ecosystem built on the Ethereum blockchain. SXP served as the primary utility token within the Swipe ecosystem for payment processing, staking, and governance, and it still fulfills the same roles in the Solar ecosystem.

The end of Swipe and the establishment of Solar in its place have been a rocky endeavor. Swipe went out of business and was sold to other blockchain companies, including Binance. The exchange’s stake served as a stepping stone for continuing under a new brand but it was still far from perfect. In a recent update, the current team behind Solar outlined many, many changes they have been making to make up for their predecessors.

Why believe this coin belongs in altcoins that will explode?

So why do we think Solar (SXP), with its troubled past, can make a comeback in a blaze of glory? The team and the community outlined a roadmap with a great emphasis on giving Solar blockchain solid use cases. It is a common theme among low-cap altcoins and community-run projects to list as many applications and buzzwords to attract attention and give legitimacy to their token. In the case of Solar, though, the core team is dedicated to building a solid infrastructure, and all the trendy use cases come from the independent partner. So, in case all gets thrown to the wall and nothing sticks, the Solar project would not suffer.

If the team sticks to its plans to ship Solar Core 5.0 on time, SXP has the potential to become one of the cryptos that will explode in 2023.

Fetch.AI (FET) logo

Fetch.AI (FET) is a decentralized blockchain platform that aims to create an intelligent economic ecosystem. By combining artificial intelligence (AI) technology with blockchain, Fetch.AI enables autonomous machine-to-machine communication and transactions. The platform allows autonomous agents, known as Fetch agents, to perform tasks, negotiate contracts, and exchange value with each other.

FET serves as the native cryptocurrency of the Fetch.AI network, facilitating transactions and incentivizing participants. With its focus on AI and machine learning, Fetch.AI aims to revolutionize industries such as transportation, supply chain, and energy by enabling efficient and secure data sharing and coordination among autonomous agents.

Why is FET an altcoin that will explode?

One of the predominant tech trends of 2023 is, without any doubt, AI. Fetch and other tokens that use this field of study (namely, AGIX) can greatly capitalize on this narrative. FET, in particular, has more chances to be the next big cryptocurrency coin thanks to the development and marketing efforts of the team. By February 2023, FET gained 481% in comparison with the 2023 opening price — while being in a bear market. When the sentiment shifts to the bullish side, can you imagine the lengths it can go?

Livepeer (LPT)

livepeer lpt logo

Livepeer (LPT) is a decentralized video infrastructure platform built on the Ethereum blockchain. It aims to provide a cost-effective and scalable solution for live video streaming. Livepeer utilizes a network of nodes to distribute the encoding and transcoding tasks required for streaming, eliminating the need for centralized servers. LPT serves as the native cryptocurrency of the Livepeer network, used for staking, bonding, and participating in the network’s governance.

The platform aims to empower developers and content creators by providing an open and accessible infrastructure for live video streaming, enabling them to reach a wider audience and monetize their content more efficiently.

Why does LPT fit in the list of crypto coins that will explode?

Livepeer is a more longstanding project than most of the coins on this list, so why do we include it as the next crypto to explode (2023)? You should keep an eye on this project because of its updates. In 2023, the team migrated their content-sharing protocol to Arbitrum, overcoming the limitations of Ethereum. Livepeer itself is a protocol, not a platform, but it supports various community-built platforms and apps for streaming, on-demand video, and even radio and podcast broadcasting. Some of the creators on these platforms are mostly focusing on Web3 but there are others who work on a cross-platform basis, raising awareness of the decentralized alternatives to Twitch and YouTube.

Sei (SEI)

sei crypto logo illustration

A new token in the crypto space, Sei, is positioned as a crypto that will explode shortly. It is based on a unique use case proposal: If the most common use case for a crypto asset today is trading, why not build a platform for this purpose? Therefore, Sei is an L1 blockchain created specifically to supercharge trading and decentralized exchanges (DEX) in particular. Properties like instant finality, frontrunning protection, and a native matching engine are all supposed to give Sei a competitive advantage.

Why Sei can be the next crypto to explode?

Sei is a recent arrival on the crypto market and is currently rather hyped up. Even though its token price is declining, its trading volumes on the major exchanges such as Binance and Coinbase place it 37th. As there is no firm track record for the token and its platform yet, this can be a risky bet. The accusations of a scam and a rug pull are already being thrown around, possibly made by the holders and onlookers disappointed in the SEI price action. However, if the investors are anything to go by — Multichain Capital, Coinbase Ventures, Jump Trading, et al. — the use cases and killer apps to justify the capital are on their way. If the project is not abandoned, Sei can become the next big crypto.

Arweave (AR)

arweave ar logo

Arweave (AR) is a decentralized blockchain-based platform that aims to provide permanent storage for data and applications. Unlike traditional cloud storage solutions, Arweave utilizes a unique technology called blockweave to store data in a permanent and tamper-proof manner. This technology ensures that data remains available and accessible indefinitely, even in the face of censorship or data loss.

Arweave operates on a proof-of-access consensus mechanism, where miners are rewarded for storing and providing access to data. The AR token is used for transactions, storage fees, and governance within the Arweave ecosystem. Arweave has gained attention for its potential to revolutionize data storage and preservation in a decentralized manner.

Why AR should be the next altcoin to explode?

Data storage is one of the original use cases proposed for the blockchain, along with the distributed ledger and value transfers. The immutability and tamper-proofness make blockchain a great way to reliably keep records, and as time goes on, we will become more and more acutely aware of the faults of centralized data storage providers.

Nevertheless, decentralized solutions and blockchain itself are not perfect either. In the early days of Bitcoin, early adopters argued against keeping arbitrary data on the blockchain to prevent blockchain bloat and synchronization issues. Now, more than fourteen years later, multiple platforms compete to become the leading data storage blockchain. Arweave is not even the biggest project in this category — it competes with Filecoin (FIL) and Internet Computer (ICP), both of which are pretty big names already.

The community has some complaints about the actual usage of the network and the lack of proactivity from the team. However, it does not mean that the project is abandoned, and the more news about Arweave there is, the likelier AR is to be the next crypto to blow up.


dydx logo

dYdX is a decentralized crypto exchange and trading platform built on the Ethereum blockchain. It allows users to trade a variety of cryptocurrencies with leverage, meaning they can borrow funds to amplify their trading positions. dYdX offers margin trading and lending services, enabling users to take both long and short positions on various digital assets. The platform is known for its user-friendly interface, high liquidity, and competitive fees. dYdX also provides decentralized lending and borrowing services, allowing users to earn interest on their crypto holdings or borrow assets for trading purposes.

Why DYDX deserves to be the next big cryptocurrency?

dYdX rolled out its mainnet in late 2021, at the very peak of the bull market. As expected, since then its price has slid down by almost 90%. Not only this is a common pattern after a token presale, but the time of the release also coincided with the bull run when almost all cryptocurrency prices were on the rise. In other words, the price history of DYDX is not fully indicative of its value or quality.

dYdX attempts to capitalize on both the L2 Ethereum scaling race and zero-knowledge rollup breakthrough. Its governance token can become the next cryptocurrency to explode because of the utility the product offers coupled with the versatile technology under the hood.

The only thing holding DYDX back is its token supply schedule. The tokens unlock regularly, and the circulating supply gets diluted. Fortunately, there is a cap on the total supply of 1 billion tokens. Retroactive mining benefits also favor early supporters and encourage investors to get in as early as possible.

SafePal (SFP)

safepal logo

SafePal is a hardware wallet that provides secure storage and management for cryptocurrencies, and the token SFP is an integral part of its ecosystem. Holders of SFP can enjoy discounted fees on transactions made within the SafePal wallet, participate in governance decisions, and access exclusive rewards and airdrops. Additionally, SFP token holders can stake their tokens to earn passive income and contribute to the security and decentralization of the network.

Why SFP is one of the altcoins that will explode in 2023?

How can SFP become the next coin to explode as soon as this year? Simply put, it is the best next candidate to repeat a 150% pump of Trust Wallet Token (TWT) in 2022. When FTX collapsed in November, the token of the wallet app endorsed by its rival exchange Binance soared to new heights. The crypto wallet made huge gains on the re-emergence of the self-custody narrative, supported by some of the most prominent figures in the crypto industry commenting on the news.

SafePal’s strongest advantage is also its biggest hurdle. While a hardware crypto wallet is as strongly protected and secure storage as it gets, it also requires holders to buy the device and put their trust in the software and hardware. However, if the team spins its messaging right, it can repeat the success of Trust Wallet if another major crypto platform goes under due to a bear market.

Hedera (HBAR)

hedera hbar logo

Hedera (HBAR) is a decentralized public network that aims to provide fast, secure, and fair digital infrastructure for the global economy. Built on the innovative Hashgraph consensus algorithm, Hedera offers high throughput, low latency, and robust security. HBAR serves as the native cryptocurrency of the Hedera network, used for transaction fees, network services, and governing the platform. Hedera’s unique governance model ensures decentralization and fairness, with a council of diverse global organizations guiding the network’s development. With its focus on scalability, security, and governance, Hedera aims to revolutionize the way businesses and individuals interact and transact in a decentralized world.

Why call HBAR the next big crypto coin?

Unlike some of the previous entries, Hedera has persevered through an almost complete crypto market cycle since 2019. So why do we think it should be the next big cryptocurrency 2023 if it hasn’t achieved this status by now?

As we have seen in the examples above, building a successful product takes time. Sometimes it aligns with bullish market cycles and sometimes it does not. By now, Hedera is participating in the Australian CBDC project and stablecoin remittances in South Korea. The project is defined by its lack of chasing hype but this is not to undermine its otherwise strong marketing and outreach efforts. Even the case it gets widely adopted does not guarantee that HBAR will skyrocket due to its tokenomics and supply distribution but it is still a strong contender for the next crypto to explode.

Render Token (RNDR)

rndr logo

Render Token (RNDR) is a utility token that powers the Render Network, a decentralized cloud rendering platform. RNDR enables users to access high-performance computing power for rendering complex graphics and animations. By utilizing blockchain technology, the Render Network connects idle GPUs around the world, creating a distributed network that offers fast and cost-effective rendering services. RNDR tokens are used for payment and incentivization within the network to let users easily access rendering resources and earn rewards for contributing their computing power. With its decentralized and efficient approach, RNDR aims to disrupt the traditional rendering industry and provide a seamless experience for artists and designers.

Why do experts call RNDR the next big crypto (2023)?

Render (RNDR) is often featured in lists of crypto that will explode in 2023. The obvious reason is the utility it provides and a previously untapped market. Marketplaces for computing resources are not a new idea in the crypto space but Render makes the next step to specialize even further. Decentralizing and democratizing GPU resources is a solid use case that warrants the expectations for RNDR. The token usage is steadily growing, and new use cases such as augmented reality, metaverse, and virtual reality are already listed on the official website.

Optimism (OP)

optimism logomark

Optimism (OP) is a layer-2 scaling solution for Ethereum that aims to improve the scalability and efficiency of the network. It achieves this with Optimistic Rollups that allow for faster and cheaper transactions by processing transactions off-chain and then submitting a summary of those transactions to Ethereum. It reduces the burden on the mainnet and increases scalability.

OP tokens have various purposes within the Optimism ecosystem, such as staking and the complex and unique governance system. With its innovative approach, Optimism aims to make Ethereum more scalable and accessible, opening up a world of possibilities for dApps and smart contracts.

Why should OP be the next big crypto to buy? Why not ARB?

Right now, there are two competing solutions that use Optimistic rollups and have recently introduced tokens: Arbitrum and Optimism. Why did we highlight the latter and not the former? Why will OP become the next big cryptocurrency and not ARB?

As both these tokens are governance tokens, the difference in TVL (today, Arbitrum has more than Optimism) is not as important as tokenomics. OP’s circulating supply is currently lower than ARB’s and its total supply is lower as well (~4B OP vs. 10B ARB). In terms of network activity and the number of holders, Optimism is closing in on Arbitrum, occasionally overtaking it. The OP token has a longer track record and is more closely integrated into the structure of the Optimism DAO, granting access to one of the two cohorts of members. Arbitrum can offer more apps to its users which puts it at a serious advantage but if Optimism catches up in this category as well, it will be positioned to become the next cryptocurrency to explode 2023 even better than Arbitrum (ARB).

HarryPotterObamaSonic10Inu (BITCOIN)

The last entry in our list of crypto blowing up is the final boss of meme coins, the monstrosity of a token called HarryPotterObamaSonic10Inu (and audaciously going by the ticker BITCOIN).

The origin story of this meme coin is summarized in the image proudly displayed on the official (?) website:

meme photo of the harry potter obama sonic 10 bootleg backpack with a cartoon dog photoshopped in

Everything else surrounding the token, from the “white paper” to any other information is something that came after and is, honestly, arbitrary.

Oh God, Why

Before you dismiss the whole article because of this entry, let us make a case for its inclusion. This token is arguably a litmus test with the ability to tell you whether you have it in you to deal with the crypto community. After all, the degens are a part of it as well, and the numbers are, unsettlingly, on their side for now. The token is doing surprisingly well so far in terms of market capitalization and price, even though on the weekly scale it dumped by 26%. This dump can either continue and drive the token’s price to zero or fuel a bounce up and $BITCOIN will inexplicably carry on its upward trajectory.

It is important to note that new-fangled meme coins with no substance are highly prone to centralization and whale manipulation. Rather than a crypto ready to explode, HPOS10I is already blowing up, and whether it explodes or implodes is anyone’s guess. Consider it only if you don’t know and don’t care what the concept of risk is.

More Candidates for the Next Cryptocurrency to Explode

What to look for to find the next big crypto?

You yourself can compile a list like this and predict what is the next cryptocurrency to boom if you know where to look. Let us give you a couple of tips to help you evaluate our suggestions and compose your own winning crypto portfolio.

How To Get The New Cryptos That Will Explode

Did something catch your eye in our rating? May we suggest getting these altcoins with ChangeHero? Some of the newest altcoins may be missing but rest assured: our team always works hard to provide you with the most promising coins for exchange as soon as possible.

  1. Choose the currencies on the home page, amounts, and the type of exchange. Provide your wallet address in the next step and check the details;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send the cryptocurrency for the swap in a single transaction. In a Fixed Rate transaction, you have 15 minutes before it expires;
  4. Sit back and relax. Now we are doing all the work: checking the incoming transaction and making the exchange as soon as it arrives;
  5. As soon as the exchange has been processed, your next big crypto is on its way to your wallet!

The flow is as easy as it gets but if you struggle with something, don’t worry. Our support team is available 24/7 to help you in the chat or through the email: [email protected].

Which Altcoins Will Explode And Should You Invest?

Our analysis and search for which crypto is about to explode is grounded in fundamental analysis and expert knowledge of the crypto market but at the end of the day, it is a prediction about the future. Like any other prediction or forecast, it is not guaranteed to come to pass, and you don’t even have to use this exact crypto investment strategy. We would like you to try and see yourself buying any or even several of these coins, and if you do, we’d love to see you succeed.

Did you find your next gem thanks to our guide yet? If yes, show us some love on social media: Telegram, X (Twitter), Facebook, and Reddit! Continue your research with more articles in our blog.

Frequently Asked Questions

Which crypto will explode in 2023?

Some of the coins that we can see blowing up this year are Render (RNDR), SafePal (SFP), Hedera (HBAR), and dYdX (DYDX).

What is the next big crypto?

Among the highlighted coins, the potential to become big is strong with TON, OPtimism, and Arweave (AR).

What crypto will explode next?

Our team considers SafePal (SFP), Sei (SEI), Livepeer (LPT), and Fetch (FET) primed for big moves in the near future.

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