1. $VELODROME
Velodrome Finance (VELO) is one of the most sought-after coins ranked first on Binance for several main reasons:
1. Popularity and Trading Volume: Velodrome Finance has caught the attention of many investors due to its high trading volume. This shows significant interest from the crypto community.
2. Unique Features: Velodrome Finance combines features from Curve, Convex, and Uniswap, making it attractive to users looking for an efficient trading and liquidity platform2.
3. Low Transaction Fees: Operating on the Optimism network, Velodrome offers lower transaction fees compared to the Ethereum network, which is an added attraction for traders2.
4. Innovation and Partnerships: Velodrome is also known for its innovations, such as the Relay feature for managing veNFTs, and its partnerships with over 30 leading protocols in the Optimism2 ecosystem.
2. $AVA
AVA coin is ranked second in the most searched coins on Binance for several reasons:
Main Reason
1. *Potential Price Increase*: Many analysts predict a price increase of AVA, even up to 9 times ¹. This makes investors interested in buying the coin.
2. *Bullish Price Pattern*: Ava is trying to break the trendline on the weekly timeframe, which could trigger a major bullish rally².
3. *Investor Interest*: Big investors are watching this coin, and some are even predicting a price target of up to $3.25 ³.
Supporting Factors
1. *Trading Activity*: Many Binance users are actively buying and selling AVA, indicating high interest ⁴ ⁵.
2. *Community Discussion*: The crypto community is discussing AVA, making it even more popular ³ ².
3. *Positive Prediction*: Some analysts predict that AVA will experience a significant price increase in the near future ³ ¹.
3. $XRP
XRP coins are highly sought after on Binance for several reasons, including:
Main Reason
1. *Price Increase*: XRP price surged to $1.77, reaching its highest point in the past two years, attracting the attention of investors ¹.
2. *Whale Activity*: Large transactions by large coin holders (whales) trigger market speculation and increase interest ¹.
3. *Regulatory Developments*: The legal case between Ripple Labs and the SEC is nearing its conclusion, leaving investors optimistic about the future of XRP[4].
Supporting Factors
1. *Efficient Technology*: XRP offers fast transactions (~3 seconds) and low fees ($0.0002)².
2. *Stable Market*: XRP has a stable market with a market cap reaching $100 billion ¹.
3. *Potential Use Cases*: XRP has huge potential in fintech and international payments ²