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Cryptocurrency News Articles

ONDO, SOL, and SUI Surged in the 2024 Bull Cycle and Are Predicted to Grow More

Dec 19, 2024 at 11:50 pm

Three altcoins, ONDO, SOL, and SUI, have surged in the 2024 bull cycle. ONDO, for instance, has gained nearly 1,000% in 2024

ONDO, SOL, and SUI Surged in the 2024 Bull Cycle and Are Predicted to Grow More

Three cryptocurrencies, ONDO, SOL, and SUI, have exhibited remarkable growth in the 2024 bull cycle.

ONDO, the native token of Ondo Finance, has surged nearly 1,000% in 2024. The DeFi coin saw two major price waves, with the initial rally occurring in the first quarter and the second surge happening in the last quarter of 2024.

The cryptocurrency saw a massive rally, largely driven by the growth of the DeFi sector and the adoption of the Ondo Finance ecosystem. Despite the impressive gains, many analysts and users predict that ONDO will continue to be bullish and might be one of the top cryptocurrencies in the upcoming altcoin season.

Solana (SOL) also saw an impressive recovery in 2024, becoming one of the bull cycle’s best-performing cryptocurrencies. The blockchain’s scalability feature attracted many DApps developers, leading to an influx of decentralized projects building on the platform.

The heightened adoption rate affected SOL’s growth, helping the cryptocurrency achieve a total recovery and a new all-time high of $264.63. At the time of writing, SOL was trading at $209.85 after bouncing off a $199.21 low.

Another cryptocurrency that saw a massive rally in 2024 was Sui (SUI). The cryptocurrency, which belongs to the Sui blockchain, had an impressive trajectory, considering how the crypto surged from its early days.

The relatively new cryptocurrency rallied into the beginning of 2024 before declining in the middle of the year. However, SUI later re-discovered its bullish momentum to begin a Solana-like rally. Known for its scalability, the Sui blockchain attracted many DApps, positively affecting its native cryptocurrency.

At the time of writing, SUI was trading at $4.56,

News source:coinedition.com

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Other articles published on Dec 20, 2024