The crypto market is starting to shift its focus from well-known names to new players, especially altcoins with high growth potential.
New Contenders in the Market
While XRP and Cardano remain in the spotlight for long-term holders, analysts are increasingly focused on the new wave of Layer-1 technologies, including SUI, Avalanche (AVAX), and MAGACOIN FINANCE. These projects are generating interest due to their structure and growth potential.
XRP and Cardano: Under Pressure from Expectations
XRP shows investor interest with the ongoing ETF application review, but the current market situation suggests there may be a correction after a failed attempt to break the resistance. Cardano, despite positive developments, is under pressure from faster-moving altcoins, although its ecosystem continues to grow.
Current Trends in Layer-1 Market
SUI and AVAX are solidifying their positions with increasing transaction volumes and active wallets. SUI shows potential for over 40% growth with a successful breakout above resistance. AVAX is also garnering attention with new memecoin initiatives and real asset engagements.
The crypto market continues to advance, and while XRP and Cardano remain significant, new altcoins like MAGACOIN FINANCE, SUI, and AVAX are creating new opportunities for growth.
