What Is The Next Bitcoin? Seven Coins We Are Watching

While bitcoin may have dips and downtrends, if you zoom out, the long-run chart has trended up. Bitcoin was first released in 2008 and has seen huge growth since. That kind of growth is unprecedented, and though bitcoin can continue to see new heights or fall hard, we are curious what the next bitcoin will be. What crypto could the next cycle favour? These are our opinions, not predictions.

Toncoin (TONCOIN)

TON was developed in 2018 by the creators of the popular instant messaging app, Telegram. First named TON, the project is now named Toncoin and run by a community that revived the project after it was dropped by Telegram in 2020. The TON in Toncoin stands for The Open Network and it is a proof of stake blockchain that has a number of web 3.0 services including anonymous web browsing, decentralized storage, and instant payments. Toncoin is also capable of bridging between blockchains and has a searchable registry of decentralized apps and services. TONCOIN is Toncoin's native crypto and can be used for payments within decentralized apps built on the Toncoin network. For example, TONCOIN can be used to pay for storage or for a blockchain-based domain. With Toncoin's ambitions to be one of the top web 3.0 blockchains and its link to the Telegram audience, we think Toncoin is one of the more interesting altcoins to watch. Among the registered exchanges on my list, it is available on Coinbase and Kraken.

Check our guide on how and where to buy TONCOIN here.

Polygon (POL, Formerly MATIC)

The next crypto that might get attention is Polygon, whose MATIC token was upgraded to POL in September 2024. We need solutions for scaling the Ethereum network, and Polygon is one. Polygon is a side-chain that is compatible with the Ethereum network. Developers can build on Polygon instead of Ethereum itself and take advantage of cheaper network fees. Polygon has talked about zero-knowledge rollups, which is an even more advanced technology. It takes transactions, bundles them together, and processes them as a single transaction. This allows even more transactions per second. Polygon has many partnerships and decentralized apps built on it already, so we think more will be built on it. Ethereum needs to be scaled and Polygon is one of the most popular solutions.

Check our guide on how and where to buy Polygon's POL here, or the older MATIC guide.

Ethereum (ETH)

Ethereum's Ether (ETH) is one of the most valuable cryptocurrencies. Ethereum facilitates smart contracts and allows developers to build decentralized apps on its blockchain. Ethereum moved to a proof-of-stake consensus mechanism with The Merge on September 15, 2022, which cut its energy use by roughly 99.95% according to ethereum.org. It was the first blockchain created that facilitates smart contracts so it has the first-move advantage. It remains the most popular blockchain for building decentralized applications and we think Ethereum will keep its place.

Check our best crypto exchanges in Canada ranking to see the best option to buy Ethereum today.

Crypto.com CRO

Crypto.com is a crypto exchange that has seen a lot of growth thanks to their marketing efforts. Crypto.com bought the naming rights to the Los Angeles arena formerly known as the Staples Center, and has run commercials featuring high-profile faces. Crypto.com is a crypto exchange that is targeting the average consumer, not just those already involved in crypto. We think that is worth watching, and Crypto.com is a CSA-registered Restricted Dealer in Canada. Its CRO token is only as strong as the platform behind it, so treat it as a higher-risk pick.

Tezos (XTZ)

Tezos is an energy-efficient proof of stake blockchain that has been quietly making a number of partnerships. In 2021, Tezos partnered with Formula1 teams McLaren and RedBull to release collectible F1 NFTs on its platform. Tezos also partnered with game developer Ubisoft, which used the Tezos blockchain to create in-game NFTs, and with Team Vitality, an esports giant. It also offers staking, governance, super-low transaction fees, and a solid team. We think Tezos could keep building its partnerships.

Theta (THETA)

If you did not know, it is expensive for internet companies to provide high-quality streaming content. With the rise of 4K and live streaming and the demand for streaming growing, the cost is getting higher and higher. As a result, streaming quality can suffer. Netflix even said in 2020 that it was slowing down its service in Europe due to this. Theta is a project that allows people to share their unused bandwidth to other people watching the same content and get rewarded with crypto. Streaming is a space that is continuing to grow, especially live streaming, so a solution to poor quality streaming is worth watching. Theta would allow people to share resources and earn crypto in return. It is the hardest of these seven to buy in Canada: among the registered exchanges on my list, only Crypto.com carries it.

Ripple (XRP)

Ripple's XRP is a cryptocurrency with a specific use. It aims to be the cross-border currency for financial institutions worldwide. Transactions take just 3-4 seconds and cost almost nothing, which is why XRP is a coin that suits international payments. For years, Ripple faced a lawsuit from the SEC, which claimed that XRP was a security. Many crypto exchanges delisted XRP while the lawsuit continued. The case ended in August 2025, when both sides dropped their appeals and left the court's earlier ruling and final judgment in place. We think that removes a big cloud over XRP, though it does not guarantee anything about its future.

Check our article on how and where to buy XRP (Ripple).

Is Any Coin Really The Next Bitcoin?

Probably not in the way people mean it. Every cycle produces a few coins that multiply and many that disappear. Pick coins you understand, buy on a platform registered in Canada, keep your risk small, and do not borrow to invest. My exchange ranking is the place to start.