Cryptocurrency Market Primed for a Potential Bull Run: Key Players and Projects in Focus

in LeoFinancelast year

It seems that most people are expecting to witness a strong upward trend in the cryptocurrency market, commonly referred to as a "bull run," over the next 1-2 years.

To prepare for this scenario, projects that have been operating and developing during the market downturn need to demonstrate their success and maintain their positions. This can be assessed by tracking the rankings in the top 100 by market capitalization at the present time.

There are several key criteria to consider:

1. Newcomers

  • $ARB, $OP: These are two leading Layer 2 projects, and they are becoming hot topics as interest in expanding #Ethereum grows. Additionally, attention should be paid to the Mantle project $MNT.

  • $Sui, $Aptos: These are Layer 1 projects, and the narrative around Ethereum's speed is always brought up when the market rises. With a sudden increase in transactions, both Layer 1 and Layer 2 projects will have the opportunity to create a narrative about speed and transaction fees.

2. Established Projects

  • $SOL: The price of SOL has doubled since the beginning of the year, and #Solana is one of the best-performing Layer 1 projects compared to competitors such as $near, $fantom. The narrative around Eclipse's SVM and EVM demonstrates the adaptability and readiness of the development team, as they are willing to collaborate rather than compete, attracting other projects within the ecosystem.

  • Exchange tokens $OKB #okx and $BGB #bitget: The cryptocurrency exchange market is no longer monopolized by #binance, and these two exchanges are attracting the most attention and performing well recently.

  • Toncoin $TON: Telegram is developing a cryptocurrency ecosystem, creating a crypto-friendly social network. From building a community to integrating bots, this project has strong development potential.

  • MakerDao $MKR: The price of MKR has tripled since the beginning of the year, and the project benefits from the trend towards RWA, as DAI is used by collateral-related projects.

  • $XRP: With legal clarity gradually opening up opportunities for cryptocurrencies, XRP has more potential as legal issues become clearer.

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