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A top crypto analyst was asked to pick between a few cryptocurrencies. They were supposed to pick which they believed would outperform the others in terms of returns on investors’ money.

Their options were Solana (SOL), Cardano (ADA), Polygon (MATIC), or Kelexo (KLXO). Choosing Kelexo (KLXO) was an easy decision. Their rationale is that while other tokens are already on the market, Kelexo (KLXO) is pulling in numbers that will eventually propel it ahead of these tokens.

The Kelexo (KLXO) platform is a Web3 crypto borrowing platform still in its pre-market entry stages.

Solana (SOL) trades at $104.35 per token

Designed to facilitate the creation of decentralized applications, Solana (SOL) has improved Ethereum (ETH) scalability. Solana (SOL) has become a known name in the crypto space by reducing the processing time of transactions. As of this writing, one Solana (SOL) token is now worth $104.35.

After dropping to 5th place last week in the crypto market, Solana (SOL) now has a total market capitalization of $45B. Nonetheless, the Solana (SOL) growth is expected to happen since the token could benefit from NVIDIA and the AI hype.

Is Cardano (ADA) losing its investors?  

The Cardano (ADA) token is red in the crypto market. After losing a slight 1.80% market value, Cardano (ADA) has a total market cap of $21B. Cardano (ADA) has lost 12.84% in market activity with its current trend.

This could be due to the number of investors Kelexo (KLXO) has pulled from Cardano (ADA) in the last few days. Cardano (ADA) trades over $500M worth of tokens daily. Cardano (ADA), being an open-source project, must survive the current market turbulence to keep its investors grounded.

Polygon (MATIC) could spike in the next few days

Polygon (MATIC) is the first well-structured Ethereum (ETH) scaling solution. In the last seven days, Polygon (MATIC) has experienced an 8.67% increase in market value. Now trading $620M worth of tokens per day, Polygon (MATIC) is preparing for a rally in the coming days.

Polygon (MATIC) now has a market cap of

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Author: Crypto Daily

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