After a prolonged crypto winter, the highly anticipated Bitcoin (BTC-USD) halving event has greatly influenced investor sentiment in a bullish way. Traders have begun shifting their allocations toward cryptocurrency, with capital inflows into Bitcoin and other major digital assets surging.

However, it’s the ascension of various altcoins that’s really capturing investor attention. The potential for stratospheric gains is there for certain projects that either provide significant utility, or can be tied back to specific catalysts that have room to run over the long-term.

Here are three such altcoins that have the technology, community support and regulatory tailwinds behind them to take advantage of this current bull market rally in the crypto sector.

Bittensor (TAO-USD)

Bittensor (TAO-USD), a Polkadot (DOT-USD) substrate-based project, is an emerging decentralized machine learning network that investors should look out for right now. The team behind Bittensor is working on decentralizing the machine learning space, using various AI integrations in addition to blockchain technology to make the process seamless for developers and users.

Those holding TAO tokens benefit not only from the growth of this decentralized network, but are incentivized to contribute to the network’s collective intelligence.

In a volatile crypto landscape, Bittensor has emerged as a beacon of stability. With the AI blockchain sector nearing a $10 billion market cap, TAO has seen its fair share of gains. In fact, this under-the-radar token has surged 140% in 30 days, surpassing the $4 billion market cap before a minor dip. Bittensor’s resilience elevates it among the top five AI cryptocurrencies, drawing investor interest for its projected growth.

Bittensor Subnet Sharding has also just debuted, providing investors with another reason to invest in this network. If sharding improves the network’s speed, this AI-driven token could be a much bigger disruptor than many think.

Celestia (TIA-USD)

Celestia’s (TIA-USD) modular blockchain token surged more than 7% from its lowest point this past week, with much of these gains coming in the last few days. This move has allowed the token to approach a fully diluted market capitalization of roughly $14.5 billion, making this project among the largest relatively new cryptos in the market.

Launched in late-2023, Celestia essentially enables developers to set up their own unique blockchains, with minimal overhead. The idea is to create a minimal blockchain that does not impose execution or settlement constraints, allowing developers to freely build blockchains with their own criteria from the onset.

This has attracted attention, as has the token’s inaugural airdrop late last year. Despite a 31% drop from its 2024 peak, Celestia remains a top crypto many investors continue to be focusing on due to its recent momentum.

Now, there are dilution risks with this token, as more supply hits the market daily. However, if Celestia is able to see the kind of growth bulls expect, this may be a speculative token with significant upside from current levels. From a blockchain development standpoint, this is one of the top cryptos that investors should focused on.

Injective (INJ-USD)

Injective Protocol (INJ-USD) recently introduced TokenStation, a feature enabling users to deploy native tokens on its mainnet. This upgrade aims to improve accessibility and scalability. Developed collaboratively by the Injective community, TokenStation simplifies token creation without coding. It also facilitates token management and implements tokenomics features such as burning.

Days after teaming up with AltLayer, supported by Binance Labs, Injective Protocol announced this integration. This collaboration aims to construct a security framework for Injective Ethereum Virtual Machine applications, enhancing scalability and reducing fees. This inEVM facilitates seamless application development, bridging Cosmos (ATOM-USD), Ethereum (ETH-USD) and Solana (SOL-USD) for improved interoperability.

Notably, Injective has surged 5% over the past month, indicating strong momentum. Trading volume has also surged of late alongside volatility, suggesting this token could remain a high-upside bet, with plenty of ongoing turbulence investors will need to account for.

InvestorPlace does not regularly publish commentary about cryptocurrencies that have a market capitalization less than $100 million or trade with volume less than $100,000 each day. That’s because these “penny cryptos” are frequently the playground for scam artists and market manipulators. When we do publish commentary on a low-volume crypto that may be affected by our commentary, we ask that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.

Read More: How to Avoid Popular Cryptocurrency Scams

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.