Cash News
Trump’s dominant win, Bitcoin halving, Fed’s continuous rate cuts, are just some of the reasons why… but that still leaves us with the burning question—which altcoin should we buy now?
Months after Bitcoin’s halving, and sideways trading, the real bull run is here–and analysts say it could be the biggest one ever.
Well, Solana, XRP, and Kaspa had a really promising run after BTC’s surge, and they could be a part of the answer.
On the other hand, there are smaller and less known presales like PlutoChain ($PLUTO) which could give these established giants a good competition.
Without further ado, let’s jump right in and see why these 4 projects could be interesting to watch in the current market conditions.
Solana Breaking Through $220 Resistance – Should You Buy It?
Solana (SOL) has surged 43% in the past month to $221.08which far exceeds the broader crypto market.
SOL’s market value now tops $102 billion, and it has a bit more room to grow.
Analysts believe this upward trend could be here for a while, as Solana’s speed and low transaction prices still make it an only serious meme coin network.
However, we can still expect some short-term price swings considering how quickly it came to this level.
Nevertheless, Solana’s growing ecosystem and market position make it a good option for long-term plays – though we could see some kind of price correction in the upcoming days.
XRP Pumps Towards $1 – A Good Buy For Whale Investors
XRP was also one of the main profit-makers since the crypto-friendly administration won the presidential elections.
The asset is currently trading at around $0.93which represents a 17% increase over the past 24 hours. On the monthly charts, XRP surged by nearly 70%, even more than SOL did in the same time-frame.
The XRP Ledger’s efficiency, with transaction times of 3-5 seconds and minimal fees, continues to attract a wide range of investors.
Its total market value has hit $39.6 billion, with traders moving over $7.5 billion worth of XRP in just the last day – which is a good example of just how active the market is.
Crypto experts now predict that we can realistically see XRP going over the $1, which could be a good buy for whale investors.
For everyday traders, it might not be that interesting considering that XRP already has a huge MCAP, and that even 2x ROI might be hard-to-reach from the current price point.
Kaspa Surges 10% as GHOSTDAG Protocol Drives Growth
Kaspa (KAS) has jumped 9.59% in the last 24 hours to $0.142, as traders pushed volume to $170 million.
The crypto ranks #36 in market size at $3.56 billion and continues to climb, thanks to its GHOSTDAG protocol that tackles both speed and security.
The all-time high of $0.208, which KAS achieved earlier this year, signals significant room to grow from its current level.
Kaspa’s unique technical framework, along with its decentralized proof-of-work model, appeals to investors who’re looking for long-term utility.
Keep in mind though – prices can swing sharply. The supply sits at 25.12 billion tokens now and will cap at 28.7 billion, which helps shape where prices might head.
Kaspa’s momentum makes it worth watching, but you should weigh the risks and check market conditions before they jumping in.
PlutoChain ($PLUTO): A Bold Leap for Bitcoin Layer-2 Solutions
PlutoChain ($PLUTO) could provide a solution to Bitcoin’s scalability issues with a cutting-edge Layer-2 blockchain.
This innovative Layer-2 network addresses Bitcoin’s scalability challenges through technologies like sidechains and blockchain rollups to provide faster, low-cost transactions.
By leveraging Bitcoin’s security and integrating smart contract functionality, PlutoChain creates a powerful platform for DeFi applications.
Its EVM compatibility allows Ethereum-based apps to transition into Bitcoin’s ecosystem, and unlocks new opportunities for developers and investors.
The $PLUTO presale currently gives you a lower entry point before the project’s next price increase that’s going to happen in the next 10 hours.
If you want to get involved in this promising project early on, now might be a good time to do so.
Conclusion
Market may be in a full-blown bull mode, but make no mistake, profits are not that easy to make.
The key is in identifying the right projects, at the right time, and that’s much easier said than done.
Even though Solana, XRP, and Kaspa might reward investors in the coming months, they’re unlikely to do anything more than 2x.
Their already massive market caps, institutional investment limits, and current market saturation, leave little room for growth.
To double from here, Solana alone would need another $100 billion in market value.
PlutoChain, on the other hand, doesn’t face these problems. Its lower market cap, EVM compatibility, and L2 mainnet might give it an edge over these established projects.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.