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With less than four months left until 2024 is over, XRP (XRP) has not had a very stellar year so far, recording a 12.44% decline year-to-date (YTD) and failing to reach its new record price as it trades well below its 2018 all-time high (ATH) of $3.40, despite favorable court developments surrounding Ripple.
At the same time, while some cryptocurrency experts are still predicting massive increases for the XRP token, certain other digital assets have stood out for their potential to bring their holders substantial profit, possibly allowing them to turn an investment of a mere $100 into $1,000 in 2025.
#1 Solana (SOL)
Specifically, among these XRP rivals is Solana (SOL), which, as opposed to XRP, has had a successful year, having gained 32.83% since the year’s turn and expecting more in 2025, in addition to also anticipating $100 billion market capitalization in Q4 2024, as it features one of the largest linear supply inflations in the industry.
At the moment, Solana is changing hands at $134.60, suggesting a 2.64% increase in the last 24 hours, gaining 1.89% across the previous seven days, and reducing its losses over the past month to 6.95%, as the latest charts indicate.
#2 Toncoin (TON)
Meanwhile, Toncoin (TON), a native token of Telegram-related The Open Network blockchain, has raced 133.41% this year and has been building bullish momentum despite Telegram CEO Pavel Durov getting arrested. In fact, after Durov broke silence on his arrest, TON soared by 18%, and Toncoin addresses continued to grow in September.
For the time being, Toncoin is trading at the price of $5.418, reflecting a 0.56% gain on the day, accumulating an advance of 17.10% across the week, and reducing its decline from over the past month to 13.59%, according to the most recent data retrieved on September 12.
Conclusion
All things considered, the above cryptocurrencies have strong foundations to bring their investors 10-fold profits in the following year, positioning themselves as worthy XRP rivals. However, trends in the crypto market can easily shift, so doing one’s own research is critical when investing.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.