$SOL $$XRP #avax雪崩 The market cap of these 3 cryptocurrencies will reach $100 billion in 2024! #热门话题

If a bull market occurs in 2024, the three cryptocurrencies could reach a market capitalization of $100 billion this year.

Previously, we covered low- to mid-cap cryptocurrencies with potential market caps of $1 billion, $10 billion, and $50 billion. Of course, if enough demand comes in, each of these companies could further compete for a share of the $100 billion.

In particular, the projects most likely to achieve such valuations in a relatively short period of time are those that are already approaching the 100 billion level.

Solana (SOL) Could Hit $100 Billion Market Cap

In particular, Solana ( SOL ) is a cryptocurrency with a market cap of $48.12 billion, with upside potential given its recent growth. Solana's relevance among other cryptocurrencies has increased, with its decentralized finance (DeFi) ecosystem posing a challenge to Ethereum (ETH). Notably, institutional investors have shown interest in its more scalable and efficient Web3 solutions. SOL is heavily backed by venture capitalists (VCs) and financial giants. Solana (SOL) Market Cap and Price Data Reaching a $100 billion market cap would result in a capital gain of nearly 108%, which could affect its price. However, Solana’s token is known for its massive supply inflation of over 17% per year. This feature will reduce the impact of capital surges on the single price of SOL.

XRP Will Overcome Price of $1 Per Token Secondly, XRP is a strong candidate to break the $100 billion mark, with a current market cap of $30.25 billion. Its focus on remittances and institutional partnerships may drive adoption. At the same time, Ripple tokens are unlocked monthly.

Avalanche (AVAX) Finally, Avalanche (AVAX) is another possible contender for a $100 billion market cap by 2024. This is due to Avalanche’s growth in the DeFi space and it is one of the most popular protocol development and investment blockchains. In addition, like the other two companies, AVAX is also facing the problem of high supply inflation, which may lead to capital increases. If Avax market cap and price data reaches such a valuation, it means that its valuation will be higher than the current 146.$100 million surged nearly 585%.