The next cryptocurrency bull run is imminent. Many experts believe it has begun, citing the broader crypto market’s outstanding performance, while others think the rally has yet to start. Either way, the crypto assets across the market are fastening their belts before making the run. The global cryptocurrency market is about 50% down from its peak of over $3 Trillion achieved in 2021.
The launch of Bitcoin ($BTC) is the official start of the cryptocurrency revolution, and the market has evolved greatly since 2009. The new asset class soon became a preferable investment choice, and it got a significant boost when investors started turning millionaires. The price of Bitcoin has shot up by nearly 70000 times its initial value.
A Henly & Partners survey suggests that there are 88,200 crypto millionaires around the world as of now. The majority of them are said to be the holders of $BTC. The increasing number of crypto millionaires has lured investors towards the market with the aspiration of becoming one. Though the market has matured enough, and one can find such golden opportunities very rarely, several tokens can be seen as potential contenders to make a fortune for their investors.
Landshare ($LAND)
Tokenization has gone mainstream in the past several years, and the trend is only increasing. Prominent research firms estimate the overall market size of tokenized assets will be worth $16 Trillion by 2030. Out of several tangible assets ready to be tokenized, the real estate sector holds significant potential, and Landshare recognizes it.
Landshare ($LAND) is a tokenized real estate platform that redefines making investments in real estate properties. The project is one of the emerging players in the Real World Asset (RWA) tokenization space. Real estate investments are considered one of the lucrative options for stable and high returns. Landshare brings an opportunity to invest in tokenized real estate properties for as low as $50.
Landshare-provided properties also hold characteristics similar to real estate properties that offer passive income opportunities. These properties also witness an increase in their value and generate rental incomes. Investors can hold Landshare RWA (LSRWA) tokens representing units of underlying assets 1:1.
$LAND token is trading at $1.22 following a 120% surge last year. The token has significantly increased by nearly 200% in the previous three months. $LAND holds a vast potential to attain a sky-high rise given the market cap of $5 Million, which gives the token enough room to grow exponentially.
Solana ($SOL)Â
Solana ($SOL) is a high-performance blockchain designed to host decentralized applications (dApps) and crypto-currencies. It stands out in the blockchain space due to its unique Proof of History (PoH) consensus mechanism, alongside the more common Proof of Stake (PoS), enabling it to process transactions rapidly and at a lower cost. This efficiency has positioned Solana as a strong competitor to Ethereum, especially for projects that require high throughput and fast settlements.
The potential for $SOL, Solana’s native token, to rally in the future hinges on several factors. As the network continues to attract developers and projects, especially in areas like decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized exchanges (DEXs), the demand for $SOL is likely to increase. This demand is driven by the need to pay transaction fees and participate in staking, both of which require $SOL.
Further development and scaling efforts by the Solana team could enhance network stability and reduce the impact of past outages. Additionally, as the broader cryptocurrency market grows and investors look for alternatives to Ethereum due to high gas fees and network congestion, $SOL could benefit from increased adoption.
$SOL token is trading at $97.3 following a 12% weekly surge. The cryptocurrency was among the few that saw a tremendous increase in its value during 2023. The token is up by 300% year over year. $SOL is expected to continue the growth given the coming bull run.
Flare ($FLR)Â
Flare Network is a blockchain project designed to introduce Ethereum-like functionality to various non-EVM compatible networks, such as XRP Ledger and Litecoin, through a decentralized Oracle system and smart contracts. It aims to enable more secure and trustless sharing of data and execution of smart contracts across different blockchains, thus broadening the utility and interoperability within the crypto space. The native token of Flare Network, $FLR, plays a pivotal role in this ecosystem.
$FLR token holders stand to benefit from the project’s utility in several ways. Firstly, the token is used for governance, allowing holders to vote on network proposals and changes, ensuring a decentralized and user-driven evolution of the Flare Network.
Secondly, $FLR acts as collateral within the network’s trustless oracle system, Flare Time Series Oracle (FTSO), which provides external data to smart contracts on the Flare Network. By participating in the FTSO or other similar mechanisms, $FLR holders can earn rewards, enhancing the token’s utility and potentially its value.
$FLR token is trading at $0.02 following a more than 10% surge in the last week. The token has seen significant growth in the past several months, and the community believes $FLR can see a price surge similar to when $XRP skyrocketed from $0.02 to where it is today.
Flow ($FLOW)
Flow is a fast, decentralized, and developer-friendly blockchain designed as the foundation for a new generation of games, apps, and the digital assets that power them. The $FLOW token, the native currency of the Flow ecosystem, plays a pivotal role in its operation and utility. It is used for transaction fees, participating in the network’s governance, and as a primary medium for exchanging digital assets on the platform.
The token can benefit significantly from the project’s utility for several reasons. Flow’s focus on creating a user-friendly blockchain experience boosts the demand for $FLOW as developers build and deploy applications on the network. The partnerships with leading entertainment, sports, and gaming brands, such as the NBA with the Top Shot digital collectibles platform, directly increase the visibility and usability of $FLOW.
Furthermore, Flow’s innovative multi-role architecture is designed to scale without sharding, ensuring low-cost transactions and high performance as the ecosystem grows. This could further attract investment and activity, benefiting $FLOW token holders.
$FLOW token is trading at $0.72 after a 2% increase in the last 24 hours. The token has suffered decline throughout the crypto winter and later recovery phase. However, it is likely for $FLOW to see a fast pace of growth in the coming bull run given its focus on Web3.
