The cryptocurrency market is gearing up for a promising start in April, with increased trading activities observed for several altcoins, leading to a significant rise in market value. This surge is driven by the anticipation of the upcoming Bitcoin block reward halving rally. Of particular interest are Polygon (MATIC) and Litecoin (LTC), which show potential to exceed the $10 billion market cap.

Polygon (MATIC)

Polygon is a project on the brink of reaching the $10 billion threshold, offering a scaling solution for Ethereum (ETH) and gaining traction with its advanced technology. By addressing scalability and transaction fee challenges on the Ethereum network, Polygon is poised for considerable adoption, given Ethereum's continued dominance in the market.

The market value of MATIC is nearing the crucial $10 billion mark, and a slight uptick in value could propel it past this milestone.

Litecoin (LTC)

Litecoin is following a similar path to Polygon, approaching the $10 billion market cap. The network's fast transaction speeds and low fees continue to attract investors to LTC, driving its upward trajectory. With evidence pointing to over eight million Litecoin investors, there is significant market interest and buying pressure supporting the altcoin's market value.

Rumors of a potential Litecoin Exchange Traded Fund (ETF) launch in the US are boosting optimism about LTC's future performance. These speculations are already causing short-term price spikes, reflecting strong market enthusiasm for the altcoin.

Current data indicates that LTC needs to increase by approximately 30% from its current market value to hit the $10 billion mark, supported by solid fundamentals and positive investor sentiment.

The ability of both LTC and MATIC to reach the $10 billion market cap hinges on the market's capacity to maintain its upward trend. While the outlook is optimistic, factors like market volatility and regulatory changes could impact the price trajectory of these altcoins in the near future.

The original post can be found on COINTURK NEWS.