Solana (SOL), Uniswap (UNI), and Elluminex (ELX) Are the Most Undervalued Cryptos to Buy Now

While many top crypto coins have skyrocketed in value in this bull market, there are a handful that have remained at attractive prices.

Solana, Uniswap, and Elluminex remain some of the most undervalued crypto coins in the market, with Elluminex poised to tap into a market with around 1 billion users.

Solana (SOL) and Uniswap (UNI) are two of the most popular crypto coins in the world. Both coins have performed well in the bull market, but speculators believe they are still undervalued. Elluminex (ELX), on the other hand, is a relatively new coin that has shown a lot of promise. It is the native token of the Elluminex decentralized exchange (DEX) on the Toncoin network.

Solana has dropped from its all-time high, forming a bullish pattern

After reaching an all-time high of $264 on November 23, 2024, Solana has seen its momentum slow down. CoinMarketCap data shows that SOL crypto consolidated between $200 and $240 throughout December 2024.

However, technical analyses from both Ali Martinez and CryptoBoss show that a cup and handle pattern has formed on the 1m Solana price chart. Both analysts believe that this pattern could lead to a bullish breakout.

CryptoBoss believes that SOL could hit $400 by end of January 2025 because of this long-term bullish continuation pattern. On the other hand, Martinez has set an even higher target for the Solana coin. He believes that SOL is more undervalued and could pump to $4,013 if this pattern plays out completely. A rally from its current range to $4,013 represents an increase of over 1,860%, making Solana one of the best altcoins to buy now.

Uniswap is preparing to retest its all-time high price

Despite Uniswap’s popularity and large share in the DEX market, its performance in the bull market does not reflect its capabilities. The Uniswap crypto is still trading 61% lower than its all-time high of $45, according to data from CoinMarketCap.

Due to months of consolidation, market speculators now believe UNI is cheap and could record a huge pump. The Uniswap price chart shared by Crypto Tigers shows that UNI has broken out and retested its area of consolidation, prepping the altcoin price for a bounce toward $50.

Cryptobud believes that this could happen in 2025, saying that Uniswap is ready to attack its ATH. According to him, the upcoming 2025 launch of Unichain, which will process faster transactions, is one of the reasons the Uniswap token will rally.

He also explained that there has been an increase in trading volume on the DEX in anticipation of favorable government regulations in 2025.

Elluminex is set for an explosive 2025 rally

Ethereum has Uniswap, BNB has PancakeSwap, Solana has Jupiter, and now Toncoin has Elluminex. DeFi market speculators believe Elluminex could be the next phenomenon in the market because of the huge impact it could have on the future of DeFi even beyond the Toncoin network.

Unlike other top DeFi projects, Elluminex is a DeFi hub with several products designed to unlock the full potential of DeFi on the fastest-growing blockchain platform, TON. There is a next-gen cross-chain platform that will improve the interoperability of the Toncoin blockchain. This opens up traders to diverse trading and maximizes asset utility across multiple chains.

In Conclusion

The current bull market might be at its peak, but there are still several opportunities out there. Those looking to double their portfolio could look to buy into Solana and Uniswap. However, savvy market participants looking for a once-in-a-lifetime opportunity, are buying into the Elluminex vision.

To learn more about Elluminex, visit the website, Twitter and Telegram.