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With Donald Trump’s election win sparking market optimism, Solana and Toncoin are vying for supremacy, each with compelling arguments for Q4 growth.
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Analysts claim SOL has better potential in Q4
Toncoin records significant TVL growth amid synergy launch
Watch out for Lunex Network’s official launch
Following Donald Trump’s victory over Kamala Harris in the US election, the market has experienced a resurgence, and market participants are excitedly scooping up tokens, anticipating massive surges as the year ends. The ongoing debate between Solana (SOL) and Toncoin (TON) remains a hot topic among both investors and analysts, with each side presenting compelling arguments.
In this article, we’ll explore the arguments raised by each side and examine how both tokens have been performing. Which one is poised for greater success in Q4? Keep reading to find out.
Analysts claim SOL has better potential in Q4
Analysts backing Solana are basing their arguments on SOL’s resilience during market volatility, as well as its V1.18 upgrade and the implementation of new technologies, which enhanced its transaction efficiency, making it one of the most prominent layer-1 blockchain projects.
They argue that SOL has the better potential in Q4, highlighting the recent inflows of $5.7 million from institutional investors, second only to Ethereum and far exceeding other altcoins in the crypto market, including TON. Currently, SOL ranks as the fourth-largest cryptocurrency by market capitalization, largely attributed to these recent investments.
The SOL analysts attribute the recent inflows to the strong appeal of Solana’s technology and impressive market performance, especially as institutional investors tend to favor assets they see as having solid long-term potential. SOL analysts believe it has the potential to convert its current $161 resistance level to “support” and surge over $212 in a few weeks.
You might also like: TON breaks barriers, SOL lags behind; Lunex Network shines with decentralized exchange growth
Toncoin records significant TVL growth amid synergy launch
On the other hand, some analysts supporting Toncoin argue that the token’s scalability and efficiency make it a more attractive option for investors compared to Solana, which thrived primarily due to its established infrastructure and larger user base. They speculate that TON will soon challenge SOL in these areas.
This is because TON Network already has strategic funding and incentive programs that are driving its ecosystem expansion. In addition, TON Accelerator, one of the Toncoin chain’s leading incubators, recently launched the “Synergy” cross-chain interoperability initiative. It is set to fix one of the platform’s biggest setbacks by integrating TON users with EVM networks.
To achieve this, TON Synergy will dedicate $5m to projects linking Toncoin with Mantle, an EVM-compatible machine. Consequently, the Toncoin price is showing signs of recovery while its TVL grew significantly, reflecting strong market engagement. The analysts predict Toncoin’s price will rise by 229.51% before the end of Q4, which would validate their arguments.
Watch out for Lunex Network’s official launch
Upgrading with a cross-chain interoperability initiative is a strategic move that will potentially boost TON Network’s growth, just as it is currently doing for Lunex Network. Lunex Network is another fast-rising AI-driven crypto trading platform that aims to streamline users’ trading experience.
Experts foresee Lunex Network’s potential to compete against top crypto assets like SOL in the near future. Lunex Network is off to a good start with its ongoing presale. Currently in stage 4, investors can get tokens at $0.0019 each but are poised to enjoy returns up to 100x at the official token launch, according to analysts.
To learn more Lunex Network, visit the website and socials.
Read more: Investors look towards Lunex Network for gains ahead of Toncoin and Solana
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