With less than four months left until 2024 is over, XRP (XRP) has not had a very stellar year so far, recording a 12.44% decline year-to-date (YTD) and failing to reach its new record price as it trades well below its 2018 all-time high (ATH) of $3.40, despite favorable court developments surrounding Ripple.
As 2024 nears its end with less than four months remaining, XRP (XRP) has had a rather dull year with a 12.44% decline YTD and failing to reach its new record price as it trades far below its 2018 all-time high (ATH) of $3.40, despite positive court developments regarding Ripple.
At the same time, while some crypto experts are still predicting massive gains for the XRP token, some other digital assets have stood out for their potential to bring their holders a substantial profit, possibly allowing them to turn an investment of $100 into $1,000 in 2024.
#1 Solana (SOL)
In particular, among these XRP rivals is Solana (SOL), which, unlike XRP, has had a successful year, gaining 32.83% since the year’s beginning and expecting more in 2025, also anticipating a $100 billion market capitalization in Q4 2024, as it features one of the largest linear supply inflations in the industry.
Solana is currently priced at $134.60, indicating a 2.64% rise in the last 24 hours, gaining 1.89% over the previous seven days, and reducing its losses over the past month to 6.95%, as shown by the latest charts.
#2 Toncoin (TON)
On the other hand, Toncoin (TON), a native token of Telegram-related The Open Network blockchain, has surged 133.41% this year and has been building bullish momentum despite Telegram CEO Pavel Durov getting arrested. In fact, after Durov broke silence on his arrest, TON went up by 18%, and Toncoin addresses continued to grow in September.
At the moment, Toncoin is trading at a price of $5.418, showing a 0.56% gain for the day, accumulating an increase of 17.10% over the week, and reducing its decline from over the past month to 13.59%, according to the latest data retrieved on September 12.
Bottom line
In conclusion, the above cryptocurrencies have a strong foundation to bring their investors 10-fold profits in the following year, positioning themselves as worthy XRP rivals. However, trends in the crypto market can shift easily, so conducting one’s own research is crucial when investing.
The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
The above is the detailed content of XRP (XRP) Rivals Solana (SOL) and Toncoin (TON) Positioned to Bring Investors 10x Profits in 2025. For more information, please follow other related articles on the PHP Chinese website!