3 Solana Alternatives Poised for Growth at a Fraction of the Price

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Best Altcoins to Invest In: Top 5 Picks for 2024

  • Sui: High-performance blockchain with growing ecosystem, $2.9B TVL, and potential for $5 breakout.
  • Sei: Scalable blockchain with 280k users, strong technical indicators, and 90% growth potential.
  • Fantom: Fast transaction speeds, low fees, and strong market confidence driving 85% price increase.

If you’re looking for lucrative Solana alternatives, we’ve got you covered. Sui, Sei, and Fantom stand out as solid Layer 1 blockchains. These projects offer impressive speed, scalability, and low transaction costs. And all of this comes at a much lower price than Solana. Let’s take a closer look at why these three could be the next big thing in crypto.

Sui (SUI)

Source: Trading View

Sui blockchain was built for decentralized apps (dApps) and smart contracts, offering high throughput and low latency. Although Sui can’t yet match Solana’s 4,447 transactions per second (TPS), 28 TPS is still impressive. Sui’s ecosystem is growing, with $2.9 billion locked in total value. A recent 14.81% price increase shows momentum. A price rise to $5 could make Sui a top contender in the Layer 1 space.

Sei (SEI)

Source: Trading View

Sei focuses on performance and scalability, just like Solana. After breaking through a descending channel, Sei has caught the attention of investors. The number of daily active users has reached 280,000 and is growing. Technical indicators like the MACD and RSI suggest Sei is on the rise. With a 90% potential increase, reaching $1.20 seems possible. Sei could become a go-to Layer 1 blockchain with low fees and strong performance.

Fantom (FTM)

Source: Trading View

Fantom has been one of the top performers lately. The blockchain recently broke key resistance levels, leading to an 85% increase in price. With a target of $1.68, Fantom is gaining strong market confidence. Fast transaction speeds and low costs make it ideal for decentralized finance (DeFi) projects. Whale activity and exchange outflows show that investors are bullish on Fantom’s future.

Sui, Sei, and Fantom are strong Layer 1 blockchains with great growth potential. These projects offer speed, scalability, and low fees, all while being more affordable than Solana. As ecosystems grow and more developers join, these alternatives could lead the pack. Keep an eye on these three for future gains.

The post 3 Solana Alternatives Poised for Growth at a Fraction of the Price appeared first on Crypto News Land.

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