Bittime - Several altcoins such as Solana (SOL), Fantom (FTM) , and Chainlink (LINK) are stealing the spotlight this week. This article discusses the current price outlook and why these 3 altcoins are worth making your watchlist for next week.
Solana Steady, Ready to Soar?
Throughout this year, Solana faced network congestion issues that hampered the project and its community. However, after the Solana Foundation and its ecosystem developers rolled out improvements to the mainnet, the protocol is now relatively stable.
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This creates the potential for a price increase that keeps SOL in the top 5 ranking of cryptocurrencies with the largest capitalization.
Currently, SOL is trading around $178.12 with a decline of 2.86%. Despite this, SOL managed to outperform Bitcoin and Ethereum (ETH) this week. SOL jumped 22.7%, while Bitcoin rose only 6% and Ethereum 4.32%.
Also read: BlockDAG Soars, Forgotten FTM and DOGE Price Predictions?
If Solana can maintain its resilience, and projects in its ecosystem come back online next week, its price may experience significant growth.
Fantom Upgrade Creates Potential for Price Increases
Fantom continues to innovate with its technology as Directed Acyclic Graph (DAG). Despite its technological advantages, Fantom is still considered undervalued.
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Currently, FTM is trading around $0.8705, down 0.69% in the last 24 hours. However, its growth in the last week reached 26.97%.
Recently, Fantom revealed new details about Sonic Network's migration. Sonic Network is Fantom's answer to the scalability issues commonly faced by protocols like Solana.
Also read: The Future of Solana (SOL) & Solana ETF Predictions
With the focus on Fantom in the days ahead, its price may potentially touch the $1 resistance level again.
Chainlink Utility Begins to Bear Results
Apart from Solana and Fantom, Chainlink also plays an important role in the blockchain ecosystem. As a decentralized oracle service provider, Chainlink drives interoperability in a way that other protocols have yet to match.
Chainlink's appeal comes from its collaboration with various parties in the Web3 ecosystem. Chainlink partners include Layer-1 and Layer-2 networks.
It is currently trading around $16.77, up 23.56% on the week. Chainlink is one of the biggest gainers in the top 100 cryptocurrencies.
By maintaining its relevance in the market, Chainlink price may experience additional upside in the coming days.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Altcoin Season Prepares for Another Expansion, 5 Best Altcoins to Add to Your Portfolio
Fantom (FTM) Predictions According to Crypto Academy: Will It Bounce Back?
Solana (SOL) Price Increase Today: What Caused It?
Crypto Whales are Crazy, Nyerok LINK, PEPE, UNI, and ENS
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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