The recent rise of Bitcoin to all-time highs has raised the question of an altcoin season. Analyst Lark Davis has highlighted several altcoins with high growth potential.
Solana (SOL)
Solana has already demonstrated a strong growth cycle but is currently about 49% down from its January highs. However, the SOL/BTC chart suggests a possible recovery. The hopes for an ETF approval could contribute to growth, as PolyMarket indicates a 90% probability of approval. Currently, Solana is trading at $147.47.
Litecoin (LTC)
Litecoin is also in the spotlight due to discussions around ETF and sound regulatory profile. With a market cap under $10 billion, it appears more appealing compared to Bitcoin and Ethereum. Currently, Litecoin is priced at $84.94.
Ethereum (ETH)
Ethereum shows potential for growth despite its underperformance this cycle. With strong ETF inflows and scalability plans, it could expect positive developments. Recently, ETH is trading at $2529.76.
Lark Davis's analysis offers numerous investment opportunities in altcoins given the increasing interest in the crypto market. Specific coins such as Solana, Litecoin, and Ethereum appear particularly promising.
