Solana (SOL) and Toncoin (TON) are known for their high growth potential, yet traders are turning towards a new altcoin, 1Fuel (OFT), over these already popular cryptocurrencies.
Analysts Split Between $500 and $50 for Solana
Solana has experienced ups and downs recently, with the token rising by 21.11% in the past month. Analysts have both bullish and bearish forecasts for SOL, with bullish expectations seeing SOL reaching $500 due to the growth of the Solana ecosystem. However, critics point to market volatility and competition from other altcoins, which could drive SOL down to $50.
Toncoin’s Potential to Hit $20
Toncoin is currently valued at $4.79, experiencing an 8.23% decline over the past week. Most analysts suggest it's unlikely for TON to jump to $20, which would require over 250% growth from its current price. However, they remain optimistic about its continued surge due to its ecosystem that is growing among other top Layer-1 blockchains.
1Fuel Positioned for Growth
All eyes are on 1Fuel, as traders expect a 10x growth for the new altcoin. 1Fuel has been attracting much attention in its presale phase, already selling over 159 million tokens. This milestone has boosted investor confidence in 1Fuel's potential. With its robust DeFi ecosystem, 1Fuel is predicted to grow further once it becomes public in Q2 2025. The features offered through its DEX wallet make it a promising candidate for leading crypto status in 2025.
Traders increasingly choose 1Fuel for its growth prospects and innovative solutions within its DEX wallet. With consistent development and expanding functionalities, 1Fuel is poised to become a key player in the cryptocurrency market soon.