Arbitrum ($ARB ) has garnered significant attention as one of the leading Ethereum Layer-2 solutions, and analysts are optimistic about its future, especially as we head into 2024. The upcoming Ethereum network upgrade (EIP 4844) is expected to significantly improve scalability and reduce transaction fees, which should benefit Arbitrum by attracting more developers and users. This could result in substantial growth for ARB in 2024, with some analysts predicting a potential price increase to $1.83 by the end of the year, a 186% gain from its current price.
Fantom ($FTM ) has experienced notable momentum recently, with its price rising over 9% in the past 24 hours and approaching significant resistance levels from earlier this year. Analysts are optimistic about its short-term outlook, with a potential price target around $1.268, based on technical indicators such as a breakout from a broadening wedge pattern. A successful break above this level could lead to further bullish movement towards $1.50.
$XLM projections suggest that XLM might trade between $0.5 and $0.6, with an average price around $0.55.