The post 3 Must-Watch Altcoins for Fans of XRP and ADA appeared on BitcoinEthereumNews.com.

CoinCodex highlights lesser-discussed altcoins like Chainlink (LINK), Stellar (XLM), and Polygon (POL) for the next leg of the crypto market rally.  Altcoins like Chainlink (LINK), Stellar (XLM), and Polygon (POL) are gaining attention in the DeFi space due to their unique use cases in decentralized solutions, cross-border payments, and scalability. Investors with a strong interest in decentralized cryptocurrency projects like XRP and Cardano may want to consider three lesser-discussed coins. These include Chainlink (LINK), Stellar (XLM), and Polygon (POL). These altcoins are gaining traction and offer intriguing use cases in the decentralized finance (DeFi) arena. 1. Chainlink (LINK) Chainlink has been gaining attention for its innovative role in the blockchain ecosystem. According to CoinMarketCap (CMC), Chainlink is an “abstraction layer” that facilitates the creation of universally connected smart contracts. What makes LINK similar to ADA altcoin is its focus on decentralized solutions.  This specifically concerns the integration of real-world data into blockchain smart contracts. Per CoinCodex, Chainlink’s price shall increase by nearly 13% in the coming month.  “According to our current Chainlink price prediction, the price of Chainlink is predicted to rise by 12.94% and reach $13.45 by October 26, 2024,” CoinCodex stated. This forecast is based on several indicators, including a neutral Fear & Greed Index reading of 50. Moreover, it also concerns the Chainlink price recording 16 out of 30 green days in the last month. With 5.04% price volatility over the past 30 days, the data suggests that Chainlink has the potential to continue gaining value in the short term. Per the CNF report, chainlink whale accumulation has also shot up in recent days.  2. Stellar (XLM) Stellar is another cryptocurrency that XRP often overshadows despite having a similar use case. Like XRP, altcoin Stellar focuses on cross-border payments and remittances. The network has a long-term vision…

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Filed under: News - @ September 28, 2024 4:26 am