Ripple And Solana Reach New ATHs, While New Altcoin Is Showing Signs Of A DOGE 2021-Like Run
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/Elluminex/ – No doubt, the innovation of the crypto market is mostly run by the big dawgs, with Ripple (XRP) and Solana (SOL) being top leading altcoins in the game. However, even they can’t ignore the buzzing and gleaming potential new and unique DeFi projects often possess.
Ripple coin currently has a very bullish momentum, and even Solana just surpassed its ATh recently, but its holders are still eyeing another promising token – Elluminex (ELX), a new cross-chain bridging DeFi protocol. With a potential so vast considering its foundation blockchain, this DeFi project is primed for the rally, similar to what Dogecoin (DOGE) experienced in 2021.
Ripple Coin Is Signaling As A Bullish Choice For 2025
The Ripple (XRP) network has been sending bullish signals for the last four weeks since its price surpassed $1. In the past month, the XRP price peaked above $2.70, while maintaining a 120% month-long surge. This has sparked even more discussions in the crypto space as many experts predict lofty prices for Ripple. However, Ripple has indeed shown deliberate progress in its network lately.
Aside from the network’s impressive resilience in its battle with the US SEC, it just launched a stablecoin, $RLUSD, which is poised to increase liquidity. As Ripple furthers its sudden comeback, its price has completed a 321.7% rise throughout the year, signifying it as a gem among top altcoins to look out for.
Solana Token Prepares To Break Its Last All-Time Again
Despite showing a 12.36% decline in the past month, falling below its $246 monthly resistance, the Solana (SOL) token is still holding high bullish sentiment. Top altcoin analysts like Altcoin Daily are predicting bullish prices up $720 for Solana.
The Solana token has just crossed its previous ATH by hitting a new peak price of $263 in November as it now consolidates in lower levels. According to TradingView, this current shows a sell signal, meaning that Solana may be likely to drop further. However, considering the bull market which hasn’t reached its peak, Solana is bound to pump to higher levels, potentially above its ATH, in 2025.
Dogecoin Price To Pump Amidst Big Players’ Accumulation
Having risen to $0.4 for the first time since 2021, the Dogecoin (DOGE) token shocked the crypto market as its price seems to be gearing up for another bullish run. Meanwhile, the DOGE token has also continued to receive strong support from both its communities and celebrities like Elon Musk and Donald Trump.
Following the recent positive sentiment on Dogecoin price, big holders accumulated over 210 million DOGE, as the price currently consolidates within a weekly range of $0.401 and $0.392. However, top experts like Barkmeta just predicted the Dogecoin price to hit $1 soon.
Elluminex (ELX) Poised For Growth As It Brings Cross-Chain Crypto Trading To TON Blockchain
Elluminex (ELX) has come to take care of some of the most pressing challenges in the DeFi market. These include high transaction fees, fragmented platforms, complex user interfaces, lack of user guidance, and limited accessibility. At its core, the platform offers cross-chain crypto transactions on its network, eliminating the inconvenience of juggling multiple blockchain networks. Alongside it is a wide liquidity pool and an AI portfolio tracker that helps users manage their crypto assets efficiently.
This DeFi network also stands for its ability to cater to the untapped TON blockchain whose network has over 950 million active users but limited DeFi adoption. With its portfolio tracker providing real-time analytics and empowering users through a DeFi education hub, users are able to make data-driven investment decisions. Its native token, $ELX also signals a profitable long-term investment, due to its token burn mechanism which is poised to increase its value over time.
In addition, Elluminex allows early access to promising TON project tokens and a user-friendly interface — this typically eliminates the barrier to entry for new market participants. Also, Its deep approach to high liquidity, interoperability, community empowerment, and DeFi-learning has stood it out as a DeFi project that will surely grow significantly when it launches. Holders who act quickly to invest in its presale will be positioning themselves for significant returns in the future.
Can Elluminex Deliver A Rally Similar To How DOGE Performed In 2021 Next Year?
Considering its vast potential in the DeFi space, Elluminex is already being considered as a DeFi project that can pull immeasurable gains. While it is possible for it to showcase a rally similar to Dogecoin’s 2021 rise, it will need consistent network adoption and positive market sentiment to push its token to such heights.
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