4 Solana Rivals to Buy as Markets Crash to 10X Portfolio

Solana price crashed on Monday, mirroring the performance of other cryptocurrencies. The drop is also because of the stock market sell-off  after the DeepSeek success and the potential for a hawkish Fed. Investing in some cheap Solana rivals may lead to substantial gains that could 10x portfolio when cryptocurrencies rebound. 

Best Solana Rivals To Buy

The best Solana rivals to buy as cryptocurrencies plunge are Hedera Hashgraph (HBAR), Litecoin (LTC), Ripple (XRP), and Aptos (APT).

Hedera Hashgraph (HBAR)

Hedera Hashgraph is one of the top Solana rivals with a potential for high gains. The main catalyst for the coin is that there are rising odds that the SEC will approve a spot HBAR ETF later this year. An approval will likely lead to more inflows from institutional and retail investors and momentum.

Hedera Hashgraph has faster speeds and lower transaction costs than Solana. This means that it may gain more developers who are seeking a quality and cost effective blockchain. Hedera’s DeFi TVL has been on a strong uptrend, a sign that this developer interest is rising.

Hedera Hashgraph is one of the top Solana rivalsHedera Hashgraph is one of the top Solana rivals
Hedera Hashgraph is one of the top Solana rivals

Litecoin (LTC)

Litecoin is another indirect Solana rival to consider. It is an indirect rival because it is not a layer-2 blockchain. Instead, it is a proof-of-work coin similar to Solana. The main reason why it is a coin to buy is that odds of a LTC ETF approval have jumped sharply this month. Polymarket places these odds at over 75%. 

Litecoin is also a good coin to buy because it is usually cheaper than Bitcoin and has a strong track record of doing well. It has jumped by over 120% from its lowest point last year, and has room for more gains.

Ripple (XRP)

Ripple is one of the top SOL rivals for several reasons. Its RLUSD stablecoin is seeing stronger daily volumes than the likes of PYUSD and USDS stablecoins. Ripple’s meme coin ecosystem is starting to grow, while the odds of a spot XRP ETF approval are jumping. 

Also, there are odds that the coin will be added into US Bitcoin Reserves by the Donald Trump administration. The other catalyst for the XRP price is that the SEC may end its appeal in the US, a move that will push the XRP price higher.

Aptos (APT)

Aptos is one of the most underrated Solana rivals that is set to surge. It has attracted many developers, has almost $1 billion in total value locked (TVL) and over $750 million in stablecoins. 

Aptos success has happened without it having popular players like AAVE and Uniswap as part of its ecosystem. Its price will likely do well and likely beat other layer-1 coins like Solana and Sui.

Other Top SOL Rivals To Buy

The other popular Solana rivals set to explode higher are the likes of Near Protocol, Arbitrum, Optimism, Mantle, Avalanche,  and Raydium. 

Frequently Asked Questions (FAQs)

There are many layer-1 and layer-2 coins in the crypto industry. Some of the best Solana rivals to buy are HBAR, XRP, and Aptos.

Solana has grown because of its strong meme coin ecosystem, high staking returns, and its strong ecosystem of dApps.

Solana is still one of the best crypto asset to invest. It has catalysts like the upcoming Solana ETF approval and the ongoing ecosystem growth.

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crispus

Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/markets/4-solana-rivals-to-buy-as-markets-crash-to-10x-portfolio/