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Analysts Favor XRP, ADA, SOL for 2025 as Meme Coins Rebound

Analysts Favor XRP, ADA, SOL for 2025 as Meme Coins Rebound

CoinEditionCoinEdition2024/12/20 16:00
By:Ikemefula Aruogu

XRP, ADA, and SOL were impressive in the early bull cycle season. Analysts predict more upside movement for the cryptocurrencies. DOGE and SHIB project better performances for Q1 2025.

  • XRP, ADA, and SOL were impressive in the early bull cycle season.
  • Analysts predict more upside movement for the cryptocurrencies.
  • DOGE and SHIB project better performances for Q1 2025.

Early bull cycle behavior has suggested Ripple (XRP), Cardano (ADA), and Solana (SOL) rank among the top altcoins for 2025 bull run. However, the unexpected turn of events is pushing other strong altcoins to dominate the start of altseason, which analysts predict for Q1 2025.

Ripple’s got a favorable judgment in the case between the FinTech firm and the SEC. That formed the tailwind behind XRP’s initial recovery from a multi-year bear trend. Additionally, Donald Trump’s expected plan to relax regulatory scrutiny and the imminent removal of the current SEC chair Gary Gensler boosted XRP users’ confidence in the crypto token’s growth potential.

Cardano recently upgraded its network, which revolutionized the governance system. After the upgrade, many blockchain analysts considered Cardano one of the most decentralized Smart Contract platforms, which positions it for increased adoption by DApp developers and mainstream institutions. That boosted users’ confidence and attracted significant capital to the network’s ecosystem in the early bull cycle. The project’s proposed partnership with the U.S. government also heightened users’ expectations, placing ADA as one of the favorable cryptos for the next bull run.

Meanwhile, Solana’s scalability set it apart as a top network that drew numerous independent DApps. The growing Solana network adoption reflects in SOL’s price development, as the cryptocurrency emerged as one of the best-performing digital assets in 2024.

Despite the achievements of these cryptos, other top altcoins find notable momentum and present themselves as favorites for the bull run’s next phase. Meme coins like DOGE and SHIB show notable rally potential, especially after the recent pullback. DOGE found support at $0.2615 and traded at $0.3452. Crypto analysts believe the meme coin’s resurgence could deliver a significant rally and push it to record levels.

Read also: Dogecoin Vs Shiba Inu Vs RCO Finance: Which Will Lead 2025’s Crypto Growth Race?

SHIB’s situation is similar, even though most analysts consider the meme coin project to be in an evolution. Many SHIB supporters are optimistic it will regain its historical bullish momentum and become a top performer in the next altseason. The project’s SHIB burn exercise is another factor analysts believe will support the expected rally in the future.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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