Tron, Ethereum, Solana and Avalanche… According to Analyst, They Will Make a Big Rally While Bitcoin Reaches the Top!
Although the cryptocurrency market has been following a volatile course recently, experts agree that Bitcoin (BTC) rising to $ 70,000 again will create great movement in the entire market. In the current situation, there is a widespread expectation of a decline in the market, but it should not be forgotten that #Bitcoin is currently consolidating near all-time highs. According to analysts, this situation may be a harbinger of a big price break in many altcoins.
One of the potential altcoins that CryptoRus drew attention to was Tron (TRX). Tron has recently attracted attention with the creation of large amounts of USDT on its Blockchain. The printing of billions of dollars of USDT on the network is interpreted as a sign that large investors are preparing to make significant moves in the market. This situation indicates that there may be intense buying pressure on Tron's main network asset TRX.
Another important coin is Ethereum (ETH). Ethereum, as always, plays a key role in the cryptocurrency world. Recent developments include the amount of ETH on exchanges falling to historic lows. This shows that investors prefer to hold their $ETH instead of selling them and think the price will rise. In addition, projects such as AAVE are expanding their services with new technologies, contributing to the growth of the #Ethereum ecosystem.
#Solana (SOL) is another strong candidate that continues to lead in the field of decentralized exchanges (DEXs). Solana stands out with its speed and low transaction costs, making it a popular network for developers and DeFi projects. The popularity of memecoins on Solana is also one of the factors that increases the value of the network.
Finally, Avalanche (AVAX) is another important player that has made a name for itself, especially in the gaming industry. The rapid growth of the network is reflected in millions of new addresses and hundreds of thousands of smart contracts.