The post AVAX and SOL rallying but analysts back MATIC and GFOX appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The bull market is back in full swing. The ability to arrive early to narratives and effectively rotate capital throughout trends will separate the investor who walks away with a 5X and the investor who walks away with a 50X. You want to be in front of the following trade before it arrives, and in a world where the top 10 coins to buy now change almost daily, this is no small feat.  Luckily, one enormous and obvious catalyst is coming later this year- the spot Ethereum ETF. Avalanche (AVAX) and Solana (SOL) are higher, but Polygon (MATIC) and Galaxy Fox (GFOX) are emerging as coins to watch. As it appears, the alternative layer-1 trade is closing, and the Ethereum beta narrative is beginning.  Avalanche and Solana pump higher  Avalanche and Solana have been two of the fastest horses this cycle, and markets displayed fantastic muscle memory, allowing investors to rerun the alternative layer one trade.  As adoption grows, the need for scalable blockchains increases, and the demand for higher-performance layer-1s has been driving AVAX and SOL higher.  Solana is among the fastest layer-1s on the market and will be an obvious onboarding point for new retail users. Avalanche’s bid has come from its drive into the RWA space and demand for its subnet program.  While both these major altcoins still rank among the best cryptocurrencies to buy this cycle, the real coins to watch are MATIC and GFOX. Galaxy Fox and Polygon: Ethereum beta plays The top 10 coins to consider now are all Ethereum beta plays. The spot Bitcoin ETF has supported BTC prices.  As such, analysts expect more upsides when these same inflows occur on ETH-…

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Filed under: News - @ February 21, 2024 8:20 am