The crypto market is approaching a turning point with the inauguration of Donald Trump’s pro-Bitcoin administration on January 20th. In this context, AltcoinBuzz’s crypto expert highlights four altcoins that are showing strong bullish signals, predicting significant rallies this month, such as SUI Coin after SEC Chairman Gary Gensler resigned the same day.
Preparing for the Trump era: SOL, ONDO, S and SUI Coin!
Solana (SOL): ETF decision will be in focus!
The expert highlights Solana (SOL) as the top contender for gains in January. On January 23, the SEC will rule on Grayscale’s application to convert the Solana Trust fund into a spot ETF. Two days later, four additional ETF proposals will also be reviewed by the restructured SEC. The expert notes that the outcome of these decisions could lead to significant price movements for Solana as investors closely monitor potential ETF approval.
Ondo (ONDO): Leader in the RWA space
The second altcoin on the expert’s list is Ondo (ONDO), a leader in real-world asset (RWA) tokenization. According to CoinMarketCap data, ONDO gained nearly 9% on the day to trade at $1.63. The expert notes that January could bring a “healthy price pump” for ONDO, especially since Trump’s World Liberty Financial recently purchased a significant amount of ONDO tokens.
Sui Network (SUI Coin): Dominating DeFi and gaming
Sui Network (SUI Coin) ranks third on the list. The blockchain asset has grown by 484.12% since January last year. Thus, it has become a major player in the decentralized finance (DeFi) space. According to DefiLlama, SUI Coin has a total value locked (TVL) of $1.93 billion. It is also among the top DeFi ecosystems. Sui is also expanding into the gaming space with the launch of the SuiPlayOX1 Web3 handheld gaming device, a move that could further solidify its dominance in the crypto and gaming sectors.
Sonic (S): Phantom rebranding sparks optimism
The latest token on the expert’s radar is Sonic (S), the newly branded version of Fantom (FTM). The expert expects Sonic to see strong price momentum due to its upcoming airdrop and innovative features. The platform allows users to exchange FTM for S tokens. Thus, it offers improved scalability, lower costs and enhanced security. Binance, the world’s largest crypto exchange, announced that it will list the S token on January 16. This could serve as a catalyst for significant price increases.
The opinions and predictions in the article are those of the expert and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.
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