Altcoins are becoming increasingly popular in the cryptocurrency market, alongside Bitcoin. These alternative coins offer various applications, such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
Solana (SOL) is a notable altcoin known for its fast transaction speeds and scalability. However, it has faced challenges with network stability.
Litecoin (LTC) is another established altcoin that processes transactions faster than Bitcoin. It is widely adopted and favored by merchants.
Toncoin (TON) prioritizes scalability and fast transaction speeds, while Ripple (XRP) focuses on cross-border payments.
Sei (SEI) is designed for decentralized finance applications, and LuckHunter (LHUNT) combines gaming and decentralized finance.
The next crypto bull run is expected to be driven by technological advancements and increased institutional adoption. Altcoins are gaining more recognition and are projected to dominate the market in the future.
When investing in altcoins during a bull run, it is important to focus on those with real-world utility and strong growth potential.