Solana and Cardano capture institutional attention as analysts rank 1Fuel as a promising altcoin.

It’s been a busy December in the cryptocurrency market. Solana (SOL) is in the spotlight with a new wave of institutional interest, Cardano (ADA) is showing recovery, and 1Fuel (OFT) crossed the $850,000 mark. With potential for 500x returns, 1Fuel stands out as a project combining privacy and utility. Its technological enhancements and marketplace placement have encouraged analysts to rank it among the altcoins to watch for 2025.

Solana gets a new wave of institutional interest 

Since the beginning, Solana has piqued the interest of traditional institutions dipping their toes into crypto. Partnerships with Microsoft and Google Cloud have been a big part of SOL’s growth, as it has grown 37,800% from its all-time low price of $0.505. 

Recently, SOL has experienced a new wave of interest from institutional investors in the form of Solana-based ETFs (exchange-traded funds). Prominent names like Grayscale and 21Shares have filed for Solana-based ETFs with the US Securities and Exchange Commission (SEC).

ETFs have historically contributed to huge inflows and major market activity. In January 2024, when Bitcoin ETFs were approved, BTC rose by 181.52%. Moreover, its assets under management surged to $110.72 billion. If the ETF filings are approved, SOL could have a significant surge ahead.

Cardano could see major rally

After an extended period of sideways action, Cardano rallied upward, currently trading at $0.90. This rebound has been inline with the increased on-chain activities and dApp adoption on Cardano’s ecosystem.

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Author: Guest Post

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