Although there has been a decline in the Altcoin market in recent days, investors closely follow the Altcoins with the potential of rise. An analyst said water, XRP, Ada and Ondo tokens are among the most powerful candidates in this process.
Altcoin market cycle and bull trap
According to analysts, the market is currently called a bear trap. Looking at the past bull markets, such corrections are a natural process before the new price summits.
These retreats in crypto markets may offer opportunities for investors to replace their assets. Analysts think that these four Altcoin will come to the fore in the final stage of the bull run due to the developments in the ecosystems.
Water: Strengthening with the launch of games and token
Sui attracts attention especially with its Walrus Token launch and new projects for the gaming industry. Analysts predict that these developments will increase the adoption of the water and support the upward movement in its price.
Since game and NFT -based projects in crypto markets are gradually attracting more attention, Ecosystem expansion works of SUI can provide a great advantage.
XRP: Ripple’s increasing contacts with the government
The most remarkable development for XRP was to increase Ripple’s interaction with the US government. According to analysts, Ripple CEO Brad Garlinghouse’s efforts to include XRP in the US strategic crypto reserve may accelerate the adoption of XRP.
However, Ripple’s approach to the EVM side chain development process and the SEC case approached the final decision phase can increase the institutional interest in XRP.
ADA: Spot ETF interest and political connections
Cardano (ADA) is among the projects that can give advantage in regulation processes thanks to its close relations with the US administration. According to analysts, the possibility that Trump administration will consult with Hoskinson while guiding crypto policies is one of the factors that can pave the way for the island.
In addition, the possibility of applying a Spot ETF for the island and the interest of large fund managers may play an important role in price movements.
Ondo: Leadership Race in the RWA industry
Ondo is seen as one of the projects with the potential to become the leader in the field of real world assets (RWA). Analysts say that government institutions are in the process of adopting the Ondo Token and that this situation may have a positive impact on the price.
In particular, the increasing interest in the tokens and decentralized finance (defi) sector can provide a strong acceleration in the final stages of the bull run.
