The post Ethereum, XRP, and this DeFi project among leading investment alternatives 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. Here’s a comprehensive insight into how investing in Elluminex, Ethereum, and XRP could yield significant ROI.  As the crypto market volumes rise and fall, the bear wave sweeping across the crypto industry still harbors a significant hold on some top altcoins. However, some crypto projects have maintained bullish sentiment in the face of the bear market. Forecasters’ projections on these projects suggest they harbor value as an investment alternative. These tokens range from Ethereum, XRP, and Elluminex (ELX), a new DeFi project on the TON Network tipped to surge by 700x in Q1.  Analyst Ted projects ETH to hit $4000 this month While the Ethereum price chart showcases a bearish trend, a renounced crypto analyst, Ted, thinks that Ethereum’s price will hit $4k before the end of the month. In a similar view,  ElitesCrypto on X projects a 100% growth of Ethereum with a price target of $7,500 by March while citing it could trigger a bullish breakout for altcoins. Similarly, an update confirming that Vitalik Buterin will upgrade Ethereum’s transaction volume and burn rate might position the top altcoin for a major rally in the coming weeks. This upgrade will see the Ethereum blockchain execute up to 10,000 transactions per second and an annual burn rate of 713,000 ETH. So far, the Ethereum price has lost over 9% in value in the past week as the bull tries to hold the crucial $3000 support level. A breach of the price point might see Ether’s price drop toward the $2800 mark. However, with market stats showing a significant rise in the Ethereum trading volume, the popular altcoin might witness a resurgence very soon.  XRP falls below $3 in recent…

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Filed under: News - @ February 3, 2025 6:26 pm