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3 Most Promising Cryptos For 2019

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3 most promising cryptos for 2019

2018 is almost at an end, with only a few days left before we enter the new year. Considering the fact that 2018 was mostly dominated by a bear market that has brought massive losses to the crypto world, most investors are having large expectations of 2019.

While there are a lot of things expected to arrive that might change the situation in the new year, investors are still mostly interested in individual coin predictions, hoping to buy as the future stars of the crypto space are cheap. In order to help, we have created a list of 3 most promising cryptos for 2019.

1) Stellar (XLM)

Stellar is an obvious candidate, as it is one of the fastest coins in the world. It is also very cheap, and it received a lot of attention due to the fact that the tech giant IBM itself approached it for a partnership. Stellar offers efficient and fast international transactions, which makes it similar to XRP in some ways. However, one big difference between the two is that XRP aims to work with banks, while XLM offers its services to individuals.

Stellar has a lot of potential for the future, and anyone looking to make a sound investment should definitely consider this coin.

2) 4New

4New is a new project that most people are not familiar with at this point. While the coin has yet to make a name for itself, some investors who always search for cryptos with potential for the future have already reported that this coin has what it takes to go big, perhaps as soon as in 2019. The project focuses on running factories that convert waste to electricity through the process of burning the trash.

The electricity is then tokenized, which enhances to coin’s position within the market, The coin is even more promising due to the fact that progressive tech is being used for cleaning up waste. This is one of the coins with the most obvious impact on the real world, which is why many might find it interesting and worthy of their time.

While nobody can claim that this is the currency that will dominate the next year, it is definitely an altcoin worth keeping an eye on.

3) Basic Attention Token (BAT)

BAT is a coin that has already intrigued countless traders, investors, and even just regular crypto enthusiasts around the world. It is the coin that aims to revolutionize how advertising works, and it comes closely tied to the Brave browser. The project is simple, yet brilliant in concept — the Brave browser arrives with an Adblock and similar security features that protect the user from being bombarded by ads during their browsing sessions.

At the same time, the browser also allows users to choose when to watch ads themselves, and for each ad they view, they will be paid in small amounts of BAT. The process has real potential, and it aims to change the way advertising works. Not only will users be encouraged to view ads, but the companies making them will be able to get proper feedback from their targeted audience.

Furthermore, coins earned through the browser may be used for tipping your favorite online content creator, different websites, and alike. In the future, it may also be possible to withdraw BAT tokens and use them for trading, purchasing goods and services, and more.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama

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Solana Price Breaches $60 Amid a Symphony of Bullish Indicators

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Solana price has jumped more than 8% over the past week, breaching the important level of $60. At the time of writing, Solana was trading 3% higher at $61.07. The asset’s total market cap has climbed to $25.9 billion over the past week, ranking it the 6th largest cryptocurrency after XRP. The total volume of SOL traded over the last day has declined by 8%.

SOL’s Bullish Cues

Solana’s price has been among the best-performing cryptocurrencies this year amid continuous growth. The “Ethereum killer” has consistently impressed investors throughout the year on the back of a resurgence in bullishness, which saw SOL’s price climb more than 513% in the year to date. Institutional investors have also shared the bullish sentiment, making Solana their most preferred altcoin.

In the week ending November 24, Solana recorded inflows worth nearly $3.5 million, significantly more than the other altcoins’ inflows combined. The asset’s monthly inflows were higher at $40.2 million, lower than Ethereum’s $99.6 million inflows in the same period. Other altcoins, including Litecoin and Ethereum, noted significant outflows, making Solana nearly half of the home for DeFi. This implies that when it comes to institutions, Solana is currently the best-performing altcoin with the potential of a long-term rally much higher than other digital assets.

Notably, the Solana DeFi ecosystem accomplished a significant milestone earlier this week. Its Total Value Locked (TVL) hit a new yearly peak of over $655 million,…

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