5 Best Altcoins to Join the Bull Run as Solana TVL Reaches New Highs
According to Messari’s latest reports, Solana TVL (total value locked) absolutely exploded in Q4 2024, ending the year in style. TVL on Solana rose to $8.6B, an incredible growth of 486% from last year. Furthermore, the quarter-on-quarter growth rate also stood at an impressive 64%. After amassing a record-breaking TVL in 2024, Solana now ranks second among blockchains after it surpassed Tron in December. Whether it’s the meme coin niche (with Pump.fun) or decentralized finance (DeFi) overall, Solana is on a roll as far as blockchain development goes. With Solana looking....
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Several altcoins have garnered attention for their potential in the next bull run. Nick, a prominent crypto analyst and host of the Cheeky Crypto YouTube channel, has pinpointed three specific altcoins that he believes are poised for significant growth in the forthcoming market surge. Based on current market trends and developments, Nick’s analysis highlights these altcoins for their unique features and potential growth trajectories. These predictions offer insights into which could be the next big movers in the crypto world. Related Reading: Crypto Analyst Projects $7 Trillion....
Bulls pushed back and momentarily halted the increasing selling pressure impacting Cardano, Solana, and Ethereum. The altcoin market has been stabilizing over the last day, but fresh data points to potential issues in the short term. Related Reading: Standard Chartered Says Ethereum Price Can Reach $35,000, Here’s When As of this writing, Cardano (ADA) trades at $0.23 with sideways movement in the past day. Solana and Ethereum recorded similar price action over this period, but these assets have been slowly bleeding into support on the weekly chart. Cardano, Solana, And Altcoins Could Get....
A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run. K33 Research Shares Its Altcoin Trading Playbook In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so. “In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.” Related Reading: Maker (MKR) Rockets To $1,500 With....
Solana’s bridges have recorded insane volumes ($10B+) since 2021, but their performance over the last 3-4 months has been particularly breathtaking. Although the total volume increased by a massive 114% in the last year (i.e., since February 2024, when it was just $4.7B), the months of November, December, and January recorded $6B in inbound volume just between them. The most bridged asset in the Solana ecosystem was $USDC, with an all-time inbound volume of $3.9B. It was followed by $ETH, which registered nearly $2B. It’s worth noting, however, that it’s not just the....
SOL price is 87% down from its all-time high, but do improving fundamentals strengthen its investment thesis? The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is on that list and investors are on the fence about whether the token has strong enough fundamentals to warrant buying Solana (SOL) at its current value. Data from Cointelegraph Markets Pro and TradingView shows SOL is down 87.5% from its all-time high and given the current state of the market, most price breakouts fail to....