Crypto investments are bearing fruit, unveiling new opportunities for investors with tokens like XRP and Solana, alongside innovative projects like Elluminex on the TON network.
XRP's Growth in Q4 2024
In 2024, the XRP token's price significantly increased by over 370% since the start of Q4. The market is witnessing XRP's growth from $0.61 to a peak of $2.90, with the current price holding at $2.3. Analysts predict that the token could reach its all-time high of $3.84 and possibly surpass $5. Additionally, the introduction of the RLUSD stablecoin may significantly increase XRP's market share.
Solana Surpasses Ethereum Among Developers
Solana has emerged as a leading platform, surpassing Ethereum in terms of developer adoption. According to reports by Electric Capital, Solana outpaced Ethereum in new developer counts for the first time. Meanwhile, Solana's token price reached a new high of $263. Analysts expect Solana's price to climb to $400 throughout 2024 based on technical analyses and investor purchases.
Elluminex on TON: A Unique DeFi Ecosystem
The Elluminex project offers cross-chain liquidity solutions on the TON network, which boasts over 950 million active users. Elluminex provides convenient DeFi solutions, including staking and trading, allowing network participants to use $ELX tokens for liquidity and rewards. Given the limited token supply of 330 million, the project may face token scarcity in the future.
Cryptocurrencies XRP and Solana have already gained significantly since their launch. Elluminex is a promising investment for those looking to harness the potential of the DeFi project's high growth in the industry.
