Top altcoins have performed impressively during the ongoing bull rally, with Solana ($SOL
), Shiba Inu (SHIB), and the XRP price pumping. However, analysts expect these popular altcoins to lose investors to RCO Finance (RCOF), an upcoming DeFi token with the potential to spike sharply by early 2025.
Why is RCO Finance (RCOF) poised to outshine Solana (SOL), Shiba Inu ($SHIB
), and $XRP
? Read on to find out!
Solana Gains 15% in a Week: More Growth in Store?
Solana has performed commendably over the past week, recording double-digit gains. On November 10, SOL was changing hands at around $205. The overall bullish sentiment in the crypto market that started after Donald Trump won the US election saw Solana gain momentum.
Bitcoin (#BTC☀ ) also hit a new ATH at $93,434, inducing a marketwide rally. The resulting uptrend saw Solana jump as high as $238 on November 17 before leveling at around $237. This price means Solana (SOL) has surged 15% in a week. This price action brings Solana closer to its November 7, 2021, ATH of $260.
As development activity soars on Solana, SOL will likely surpass $260, setting a new ATH in 2024. However, investors are migrating to RCO Finance (RCOF) because it has showcased better prospects.