The year 2024 is marked as the beginning of a new rising period in the cryptocurrency market. Investors are looking for great opportunities in promising altcoins. Here are the prominent trends and 10 altcoins that should be on investors' radar:
1. Ethereum ($ETH )
Ethereum continues to lead as a global platform for smart contracts and decentralized applications. With its Ethereum 2.0 update, it offers lower transaction fees and increased scalability.
2. Solana ($SOL )
Solana, which stands out with its high transaction speed and low costs, has become a popular option for DeFi and NFT projects.
3. Polkadot ($DOT )
Polkadot, which facilitates the transfer of data and assets between different blockchains thanks to multi-chain integration, continues to expand its ecosystem.
4. Avalanche (AVAX)
With its fast transaction confirmation times and low costs, Avalanche is the platform of choice for scalable DeFi applications.
5. Chainlink (LINK)
By connecting real-world data to blockchain networks, Chainlink enables smart contracts to find wider application areas.
6. Cardano (ADA)
Developed with a research-oriented approach, Cardano aims to provide a sustainable and scalable blockchain solution.
7. Polygon (MATIC)
Designed to increase Ethereum's scalability, Polygon supports DeFi and NFT projects by offering fast and low-cost transactions.
8. Algorand (ALGO)
Algorand, an environmentally friendly blockchain with fast transaction times and low energy consumption, offers solutions for financial services and beyond.
9. Terra (LUNA)
Supporting stablecoins, Terra provides its users with the opportunity to make digital payments with low volatility.
10. Cosmos (ATOM)
Cosmos, which enables different blockchains to interact with each other, draws attention with its vision of "blockchains of the internet".
These altcoins are among the important trends that will attract the attention of cryptocurrency investors in 2024.
