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ONDO SOL and SUI have shown significant growth in the bull cycle of 2024.
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Analysts believe that the bullish momentum is likely to continue through 2025.
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All 3 cryptos have been widely adopted from the beginning.
Three altcoins have surged during the 2024 bullcycle: ONDO, SOL and SUI. ONDO, for example, has gained over 1,000% in 2024 when you consider the initial rally phase of the year and the recent surge during the last quarter. SOL and SUI showed similar trends. SOL, however, gained more than 1,500% while SUI’s rally was a 1,364% annual gain.
Analysts expect these cryptocurrencies will grow even more in the months to come, despite their massive gains. Users predict ONDO SOL and SUI will remain bullish, and be amongst the top cryptocurrencies for the upcoming altcoins season.
DeFi Powerhouse:
ONDO is the decentralized finance coin (DeFi) that powers the Ondo Finance Ecosystem. It is a governance coin for the Ondo DAO network of democratized governance to enable democratized financial access. The Ondo project has seen a significant increase in adoption due to the growth of DeFi.
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CoinMarketCap data shows that ONDO holders are more numerous than whales and retailers, indicating a longer-term stability for the cryptocurrency. Data shows that 51.84 % of ONDO addresses have between 0 and 1000 tokens while 46.95 % have between 1,000 and 100,000 tokens. Only 1.21% OF ONDO addresses have more than 100,000 tokens.
Solana’s Comeback
Solana recovered after the bear market of 2021 to become one the most bullish cryptos for 2024. The blockchain’s scalability was a major selling point for many DApps developers. This led to an influx in decentralized projects built on the platform. The increased adoption of SOL led to its growth reaching a new high of $264.63.
Many analysts believe that Solana’s adoption will continue due to the influx of users in the crypto industry, and the planned implementation by the U.S. of a friendly regulatory framework. SOL traded at $209.85 as of the time of writing, after rebounding from a $199.21 bottom.
SUI’s impressive growth
The trajectory of SUI impressed many blockchain supporters, given how the cryptocurrency grew from its early days. The relatively new cryptocurrency rallied until the beginning of 2024, before falling in the middle of the same year. SUI, however, rediscovered its bullish trend to embark on a Solana rally.
Read Also : Sui Price Prediction 2025-2030 : Will SUI Price Reach $10 Soon?
Sui’s scalability attracted many DApps and positively affected its native cryptocurrency SUI. Many analysts believe that the trend will continue due to the growing demand for scalable solutions. TradingView data shows that SUI was trading at $4.56 as of the time this article was written.
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