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Current Crypto Market News and Prospects: Ripple, Cardano, ai16z, and Chainlink

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by Giorgi Kostiuk

a year ago

Amid expectations of political changes in the US, the cryptocurrency market exhibits steady movements. However, this also opens prospects for some altcoins.

Cryptocurrency Market Awaits New Developments

On January 20, Donald Trump is scheduled to be inaugurated as the president of the USA once more. Until then, the crypto market is expected to remain stable, with Bitcoin's price fluctuating between $92K and $95K.

Opportunities for Ripple and Cardano

Following success in the lawsuit against the SEC, Ripple ($XRP) is poised for positive changes, such as being utilized in major banking transactions. Meanwhile, Cardano ($ADA) may receive backing as it joins Trump's advisory team. The use of Cardano's technology for a new federal voting system is also under discussion.

Ripple is likely to become the main platform for future financial operations.

Newcomers: ai16z and Chainlink Prospects

The crypto market is also witnessing new players like ai16z ($AI16Z), offering innovative solutions in the AI agent sector. Chainlink ($LINK), being a leader in the oracle field, sees growth following investments from Donald Trump's DeFi project. Chainlink's CCIP promises to improve interoperability between different blockchains.

Contemporary changes in the crypto market, including political and technological factors, are creating new opportunities for both well-known and emerging players. Changes and an increase in dynamics can be anticipated in the near future.

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