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Which Cryptos Are Poised for the Biggest Growth?

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Investors are increasingly searching for promising cryptos to buy, as the digital currency market evolves. Altcoins differ from Bitcoin by providing different use cases, innovation, and occasionally showing high price potential. This analysis will focus on three altcoins – Solana, Rexas Finance, and Avalanche – that are increasing in popularity and could experience significant growth by 2025.

1. Solana (SOL)

Solana is popularly recognized as a platform offering scalability and quick transaction speeds. These attributes have made it gain the interest of the cryptocurrency market, and strong rival against leading altcoins including Ethereum. Industry analysts forecast the Solana price to trade between $100 and $500 in optimistic scenarios, the maximum target value for the token is placed at $750. 

SOL price hit its all time high of $260.06 three years ago, on Nov 07, 2021, but has since dropped by 33.34%, from its current value of $173.90. One important point to monitor is the $100 mark, since continued movement beyond this point could indicate solid market trust.

Solana Price ChartSolana Price Chart

As Solana network experiences increased adoption of non-fungible tokens (NFTs), and decentralized finance (DeFi), there is potential for growth. Continuous improvements aimed at improving network efficiency are anticipated to drive an increase in SOL demand, offering a positive long-term value growth perspective.

2. Rexas Finance (RXS)

Rexas Finance, although relatively new in the altcoin industry, has been causing a stir in the field of tokenizing real-world assets (RWA). Trading at $0.060 at the moment, RXS is projected by analysts to experience a substantial increase to $17 by 2025. The optimistic view is based on the increasing desire for tokenized assets and the unique strategy of the platform in allowing fractional ownership of physical assets such as real estate and commodities.

Rexas Finance TokecomicsRexas Finance Tokecomics

A presale that generated more than $100,000 marked a recent achievement, indicating significant initial interest. With the further development of blockchain regulations and increasing interest in RWAs, Rexas Finance’s distinct value proposition could keep drawing the attention of investors, potentially leading to significant price increases. This could establish it as one of the best RWA altcoins to invest in.

Visit Rexas Finance (RXS)

3. Avalanche (AVAX)

Avalanche is distinguished by its distinctive consensus mechanism and inexpensive transaction fees, which make it a top choice for fast and effective blockchain transactions. Experts predict that the price will be between $14.90 and $69.37 in 2025, potentially reaching $72.50 with favorable market conditions. An important point to monitor is the Fibonacci retracement at $32.43; a surpassing of this point may suggest a rise in bullish momentum.

AVAX hit its all-time high on $146.22  on Nov 21, 2021, but has tripled in losses, dropping by 82.35% to its current price of $25.83.

Avalanche price chartAvalanche price chart

  Avalanche’s ecosystem continues to grow through partnerships with DeFi and NFT platforms, establishing its flexibility in the altcoin market. As the ecosystem expands, the potential for AVAX price appreciation also increases, presenting an attractive investment opportunity.

Conclusion: Altcoins Positioned for 2025 and Beyond

Solana, Rexas Finance, and Avalanche all contribute different advantages to the altcoin market, such as fast network speeds, scalability, asset tokenization, and effective consensus mechanisms. As the cryptocurrency industry progresses, altcoins present appealing choices for investors seeking to broaden their investments and take advantage of growth potential outside of Bitcoin. By staying attentive to important levels and continuous changes, investors might discover that these alternative coins could offer significant returns by 2025.

 

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Jane Lubale

With over four years of experience in the cryptocurrency, Fintech, blockchain, and Web3 industries, I bring a wealth of knowledge and expertise to every piece I write. Backed by a Masters in Business Administration, my writing combines insightful analysis with a deep understanding of market trends, technological advancements, and regulatory landscapes. Whether crafting engaging articles, informative guides, or thought-provoking analyses, I strive to deliver content that informs, educates, and inspires readers in this rapidly evolving space.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Price analysis

5 Key Metrics Indicate Solana Price Will Hit New All-Time Highs

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Over the past 7 months, the Solana price has traded sideways, struggling to sustain above the $200 level. However, as the crypto market witnessed a renewed recovery in late October, the SOL coin price is poised to escape this long-coming consolidation. Here, we delve into five key metrics that suggest Solana could soon reach new heights, reinforcing its place among the top blockchain networks. 

5 Key Metrics Suggest Solana Price Could Hit New All-Time Highs

The crypto market witnessed renewed bullish momentum in late October as pioneer digital asset Bitcoin surged past $70,000. As the altcoin market mimics the recovery trend, Solana price prediction caught investors’ attention as these five metrics signal its potential for new ATH.

According to Santiment data, the Solana development activity recorded a sudden spike to 140 on October 29th. Typically, active development suggests that the ecosystem is maturing with continuous innovation, which is crucial for maintaining its high position in the emerging crypto market. A high development activity often drives confidence among investors, which could be a positive for its native cryptocurrency.

Solana priceSolana price
Development Activity | Sentiment

Since last week, the SOL’s social dominance has witnessed an upward trajectory, hitting a high of 9.17 on Tuesday. This metric highlights how much attention a cryptocurrency gathers on social media platforms like X (formally known as Twitter), Reddit, and other forums. Increased social engagement typically translates to higher interest from both retail and institutional investors, reflecting the demand pressure in the market.

SOLSOL
Social Dominance | Santiment
  • New Addresses and User Growth

The on-chain data shows a dramatic surge in SOL’s new addresses, rising from 2.99 Million to 5.32 Million in October. The influence of new users not only accelerates network growth but also drives demand in Solana price as new participants engage in transactions and greater activity on the blockchain.

The growth in new addresses is considered among the core developments of the network as its indicates increased adoption.

  • Total Value Locked (TVL) in DeFi

According to DeFiLlama data, the SOL Total Value Locked (TVL) rallied remarkably from $3.8 Billion to $6.25 Billion, registering a 63% growth. Typically, this increase indicates growing investors’ confidence as they lock more capital into the network’s Decentralized finance (DeFi) application.

This metric accentuates highlighted user activity and a robust network that is suitable for a major SOL price reversal.

  • Open Interest in Solana Futures

In October, the SOL’s future open interest experienced a significant surge from $2.14 Million to $3.41 Million, accounting for a 46% increase. This substantial rise in open interest implies that investors are actively speculating on Solana’s future price direction, reflecting heightened engagement and confidence in its market potential.

Generally, the Solana price recovery backed by OI data growth indicates a sustained recovery, which bolsters the asset for new ATH.

SOL Futures Open Interest | Coinglass

Conclusion

Solana price outlook remains bullish, driven by strong network activity, rising Total Value Locked (TVL) in DeFi, an active developer community, increasing institutional interest, and positive market sentiment. These metrics collectively suggest that SOL could be on track for new all-time highs.

Frequently Asked Questions (FAQs)

Solana’s price outlook is supported by several key metrics: high development activity, increasing social dominance, rising Total Value Locked (TVL) in DeFi, growth in new addresses, and a surge in open interest in Solana futures.

Open interest in Solana futures surged by 46% in October. This increase implies heightened investor engagement and speculation on Solana’s future price movements

High TVL reflects a strong DeFi ecosystem, which can support further price growth as user activity and capital inflow increase.

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Pepe Coin (PEPE)

Analyst Forecast Final Dip For Pepe Coin Price Before 30% Surge

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During Tuesday’s trading session, the crypto market saw substantial inflows as Bitcoin surged past the critical $70,000 level. Amid this renewed momentum, the meme coin sector, known for its volatility, displayed notable moves. In particular, the frog-themed meme coin jumped 3.7%, testing a four-month resistance. However, analysts suggest a final dip in Pepe coin price may occur before a major rally unfolds.

Pepe Coin Price Poised for Final Dip Ahead of Projected 30% Rally

In a recent tweet, market analyst CryptoDoc highlights the Pepe coin price resonating mainly within two converging trendlines of the daily chart. This consolidation reveals the formation of a bullish continuation pattern called a symmetrical triangle pattern. 

Theoretically, the converging trendlines provide a temporary break for the prevailing trend to build its momentum before the next. In the last four days, the Pepe price rebounded from the pattern’s support trendline at $0.0000084 to $0.00000852, registering a 13% jump. Consequently, Pepe’s market cap surged to $4.01 billion.

Despite the bullish trajectory, the analyst predicts a small retest or final dip to the green zone support, coinciding with the pattern’s lower trendline.

If history repeats, the bottom support should replenish the bullish momentum for the PEPE price and push it to nearly 17% to challenge the overhead resistance. A successful flip of this overhead trendline into potential support could push the asset to $0.000012, registering an almost 30% growth.

PEPE pricePEPE price
CryptoDoc

Check out the article on top meme coins to buy for a detailed analysis.

Traders Back Bulls as Funding Rate and Open Interest Surge

According to data from Coinglass, the open interest (OI)-weighted funding rate has recently surged to $0.0139, indicating that buyers are paying a premium to maintain their long positions. This spike suggests a strong bullish sentiment in the market, with buyers showing confidence in further price appreciation.

PEPE OI-Weighted Funding Rate

Additionally, the futures open interest has shown a recovery trend, climbing from a recent low of $60.566 million to its current level of $132.7 million, marking a 119% percentage growth. Elevated open interest levels typically signal heightened trading activity, amplifying market movements and potentially contributing to increased volatility.

Pepe Coin pricePepe Coin price
Futures Open Interest | Coinglass

On the contrary, if sellers breach the bottom trendline, the bearish momentum will invalidate a breakout thesis to drive an extended consolidation.

Frequently Asked Questions (FAQs)

The OI-weighted funding rate recently surged to $0.0139, suggesting that buyers are paying a premium to maintain their long positions

If sellers breach the bottom trendline of the symmetrical triangle, it would indicate a shift in momentum, invalidating the breakout thesis and potentially leading to extended consolidation.

Analysts expect a brief dip in Pepe Coin’s price to test support and regain bullish momentum. This dip is seen as a setup for a potential 30% rally

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Price analysis

After Soaring 20%, Is Sui Price Ready to Hit $5 By December?

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After an impressive 20% surge, the big question now is whether Sui price is primed to hit the $5 mark. An analyst has projected that Sui is in the middle of the third impulse buying Elliot wave that could send the price to $5 when it tops out. This recent surge in price has brought back excitement among Sui investors, who were keenly watching for signs of continued growth.

Why Is Sui Price Up Today?

The price of SUI has increased 7.8% in the last 24 hours, a 16% increase from October 28, when the asset hit a month-low of $1.59. SUI is trading at $1.85 after outperforming BTC, which gained 3.8% against it.

After Soaring 20%, Is Sui Price Ready to Hit $5?After Soaring 20%, Is Sui Price Ready to Hit $5?
SUI/USDT Price Chart

Sui is rising because of the recent surge in the price of Bitcoin, which saw the number one crypto asset break above $70,000. This much-awaited move has the entire crypto space abuzz with speculation of higher prices, especially as we approach the crypto-centered U.S. elections this coming week.

Is Sui Ready To Hit $5?

Crypto analyst Decode has forecasted that the next target for SUI price is $5. His prediction is based on the Elliot Wave theory, which suggests that prices move in repetitive wave patterns, which are influenced by changes in investor sentiment.

Sui missed the 2.618 Fibonacci extension zone when it hit a new all-time high and retraced due to profit taking. However, the correction has completed a smaller wave 4 and is ready to embark on the last wave that could propel it to $5.22.

After Soaring 20%, Is Sui Price Ready to Hit $5?After Soaring 20%, Is Sui Price Ready to Hit $5?

With analysts calling for $300,000 BTC, Sui investors should be prepared to cash out big time, as previous data has shown that the asset tends to outrun Bitcoin.

Sui Eyes $5 But Must Beat This Obstacles First

Sui is eyeing about 150% gains from its current price of $5. However, the cryptocurrency must overcome certain key obstacles for it to succeed. 

  1. Price action is trending below the 50-day exponential moving average (EMA) which has suppressed the price for the last 1 week.
  2. Despite the 20% jump, the crypto asset is still trading inside a falling channel.

These obstacles could keep the price from attaining the $5 mark. However, the recent jump was accompanied by a huge boost in volume. Coingecko data shows the 24-hour trading volume soared by 134%. This is the highest volume has recorded in the last 2 weeks.

With such volume confirmation, it is possible SUI price could break above the channel and the 50 EMA to test the next major resistance, $2.36. This would market a 28% additional gains from the current price. If the asset breaks its previous ATH, it would be in price discovery and could surge to $5 within a week or two.

After Soaring 20%, Is Sui Price Ready to Hit $5?After Soaring 20%, Is Sui Price Ready to Hit $5?
Sui Price Analysis Chart

The invalidation thesis for this bullish scenario is if bears push price below $1.59. This would effectively cause a breakdown from the falling channel, changing the outlook from bullish to bearish.

Frequently Asked Questions (FAQs)

Sui price surged by 20% primarily due to the bullish momentum in the crypto market, driven by Bitcoin’s recent breakout above $70,000. This increase in Bitcoin’s price typically boosts investor confidence across the crypto space.

Analysts project that Sui could reach $5, based on the Elliott Wave theory. The current analysis suggests it is in the midst of a bullish impulse wave that could push the price to $5.22.

Sui has shown a tendency to outperform Bitcoin, gaining 3.8% against BTC recently. As Bitcoin’s price continues to rise, many analysts believe Sui could benefit significantly from this correlation.

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Evans Karanja

Evans Karanja is a crypto analyst and journalist with a deep focus on blockchain technology, cryptocurrency, and the video gaming industry. His extensive experience includes collaborating with various startups to deliver insightful and high-quality analyses that resonate with their target audiences. As an avid crypto trader and investor, Evans is passionate about the transformative potential of blockchain across diverse sectors. Outside of his professional pursuits, he enjoys playing video games and exploring scenic waterfalls.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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