These 2 altcoin projects are expected to make huge gain at the end of 2021
Popular channel CryptoBusy shares with their subscribers the top 2 altcoins that are eyeing on forming a massive rally at the end of 2021.
First on the list is SolRazr (SOLR), the first decentralized developer ecosystem for Solana offering a launchpad, an accelerator, and developer tools. SolRazr has released its launchpad and conducted its IDO on October 6, 2021.
According to the trader, the project is designed to support the growth of decentralized finance on the high-performance network and aims to be a de-facto fundraising and developer platform for Solana-based projects.
“The Solana blockchain is arguably the fastest blockchain in the world, as it can handle more than 50 thousand transactions per second. Aside from that, the blockchain is very inexpensive to use. SolRazr will be leveraging these benefits and create a highly secure and bot-proof platform. And there are possibility that SOLR would follow Solana growth path,” says the analyst.
As from Busby, Cardano has not gained its deserved attention since its latest upgrade. The analyst highlights that Cardano network is currently processing more than 115,000 transactions per day, up about 13x since the start of 2021. Besides, the network has also experienced a 7.3x increase in users to 2.8 million since the start of the year.
At the time of the video, ADA was trading at $2.23. The crypto KOL expects ADA to reach $5 to $7 at the end of this year when Bitcoin hits its ATH.
“I think ADA could be going to five dollars to seven dollars by the end of this year if we see bitcoin going to new time highest and see sort of bitcoin go to a hundred thousand, maybe 150,000 and I think from there further adoption of Cardano and further development of its network, I think it can go to ten dollars quite easily,”
In addition, the trader also highlights that Cardano price is now in a position to see buyers have a much easier time taking control of this market and propel Cardano into a new bullish expansion phase soon.