๐ฑ๐๐2 Best Cryptocurrencies to Buy for a 10X Potential Ethereum ETF Release
1. Solana (#SOL )
Solana ($SOL ) is an open source project that takes advantage of the permissionless nature of blockchain to provide decentralized finance (DeFi) solutions. The protocol improves scalability by integrating proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms.
Solana, designed to support decentralized applications (dApps), has experienced a significant price increase over the past year, with an increase of over 760%. The price went from about $ 20 to over $ 170, even over $ 200. This impressive performance positions Solana as a strong competitor for significant returns, especially if Ethereum secures an ETF.
However, in the last 24 hours, the Solana price has fallen by 4% to $ 172 amid the market volatility. Despite this, the LEFT showed a weekly gain of 7% and a monthly increase of 10%.
2. #XRP
Known for its cost efficiency, fast operations and low environmental impact, $XRP runs on a decentralized, open-source platform with considerable scalability. Despite facing legal challenges, including a significant lawsuit related to alleged illegal securities sales, Ripple Labs, xrp's subsidiary, remains committed to compliance and innovation.
Recently, the value of xrp has declined following a broader market decline. In the past month, its price has fallen by more than 4%, and it is the continuation of market adjustments that contributed to a drop of 1.27% this week. Currently, the XRP price is at $0.5282, indicating continued negative momentum. XRP, which ranks seventh on Coinmarketcap, has a market capitalization of about $ 29.30 billion.
