What about altcoins? $SOL $ADA

Altcoins, our interlocutor noted, repeat the movements of Bitcoin. Only crypto projects that can boast of technological achievements stand out from the crowd. Ryan Lee singled out Solana and Cardano as examples of such coins.

Solana is actively strengthening its position in the decentralized finance (DeFi) sector, the expert noted. With a TVL of $10.5 billion and more than 77 million locked SOL, the demand for the token is growing. Lee believes that the shortage of tokens in the future may lead to an increase in the price above the historical maximum of $260. The demand for SOL is also supported by the effectiveness of Solana as a platform for retail transactions, especially against the backdrop of the growth of memecoins and DePIN.

Cardano, on the other hand, focuses on decentralized governance after the Chang hard fork. The changes, according to the analyst, made the project attractive to long-term investors. Lee believes that ADA is undervalued and expects the coin to rise to $1 in the near future.$BTC