Based on current trends and factors influencing the cryptocurrency market, three coins can be highlighted that may show growth by the end of the year:
1. Solana (#SOL: )
• Reasons for growth:
• Recovery of activity in the ecosystem after the crisis related to the FTX collapse.
• Growing popularity of NFTs based on Solana and increased transactions.
• Successful implementation of Solana Pay technology, which could become a bridge between cryptocurrencies and traditional commerce.
• Target by the end of the year: $220–$225, if the market remains in an upward trend.
2. Chainlink (#LINK )
• Reasons for growth:
• Active development of staking 2.0 and implementation of Cross-Chain Interoperability Protocol (CCIP) technologies, making Chainlink important for DeFi and other blockchains.
• Increase in the number of partnerships and the use of LINK oracles in real applications.
• Target by the end of the year: $32–$36, supported by major investors.
3. Avalanche (#AVAX )
• Reasons for growth:
• Expansion of use in the real sector due to the implementation of Subnets.
• Partnerships with major corporations, including Amazon Web Services (AWS), strengthening trust in the platform.
• Growing interest in solutions that offer fast and cheap transactions.
• Target by the end of the year: $52–$56, if the market trend remains positive.