Fantom, Rollblock, and Toncoin: Which Top Altcoin Is Expected To Outperform ETH and Solana?
The post Fantom, Rollblock, and Toncoin: Which Top Altcoin Is Expected To Outperform ETH and Solana? appeared on BitcoinEthereumNews.com.
As the crypto market heats up, investors are exploring altcoins with the potential to outshine Ethereum and Solana. Fantom, Rollblock, and Toncoin have emerged as strong contenders, each offering unique advantages. Fantom promises scalability and speed, while Rollblock revolutionizes iGaming with its play-to-earn model. Toncoin, tied to Telegram, benefits from a massive user base. With innovation driving these projects, many are wondering which of these altcoins could lead the next big crypto rally. Fantom Rallies Almost 60% as FTM Crosses $1 Fantom surpassed the $1 mark and remains bullish as the crypto sector enters a correction phase. Fantom weekly gains are approaching 45%. The token’s remarkable rally from $0.2631 in early August shows a 300% value increase and Fantom’s charts point to a more upward trajectory in the short term. Fantom’s network growth supports this price surge. FTMscan data shows unique wallet addresses have exceeded 180 million, with daily increases of approximately 18,000, pushing closer to the 200 million mark. Additionally, Fantom’s total value locked (TVL) has climbed to $134.35 million, nearing its yearly peak of $227.44 million, signaling strong demand for FTM. Toncoin’s Comeback Benefit Patient Holders Amid DEX Transactions Surge Toncoin has staged a remarkable comeback, surging over 30% in November and recovering most of its losses from Telegram founder Pavel Durov’s arrest in August. On-chain data reveals a spike in trading activity on Toncoin’s leading decentralized exchanges, STON.fi and DeDust. DeDust averages four swaps per user, while STON.fi averages 2.76, reflecting growing enthusiasm among traders. STON.fi dominates with 75% of all DEX transactions on the network, creating a feedback loop where increased trading boosts liquidity, attracting even more participants and supporting Toncoin’s price recovery. This resurgence mirrors conditions before Toncoin’s 350% rally in Q1 2024 when heightened DEX activity and positive market sentiment drove exponential growth. With…
Filed under: News - @ November 30, 2024 3:18 am