The cryptocurrency market is currently showing signs of gradual progression. With Bitcoin itching to claim its earlier price mark of $100K and beyond, the market is gearing up for a new price rally, especially once the US political regime undergoes its official inauguration ceremony in January 2025. With the talks of president-elect Trump building a Bitcoin reserve catching pace, this could catapult the altcoin market to new highs, especially coins like Cardano (ADA), Solana (SOL), and Binance Coin (BNB) raking in good gains. Here’s how high and low they can go before the year’s end, as per technical platforms like CoinCodex.
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Year-End Price Predictions for ADA, SOL, and BNB
1. Cardano (ADA)
Cardano has had the most promising 2024, with the token finally claiming the coveted $1 mark. ADA has struggled for the majority of 2024 trying to get past the $0.30-$0.40 price level, with price-resistant barriers pushing the token down to new levels. However, ADA is currently sitting at $0.88, showing signs of gradual ascension.
CoinCodex predicts ADA to maintain its $0.82 price level by December 31st, 2024.
The platform later predicts ADA to surge and hit a new price spot of $1.15 by mid-January 2025.
“According to our current Cardano price prediction, the price of Cardano is predicted to rise by 25.13% and reach $ 1.158802 by January 24, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 73 (Greed). Cardano recorded 15/30 (50%) green days with 9.69% price volatility over the last 30 days. Based on the Cardano forecast, it’s now a good time to buy Cardano.
2. Solana (SOL)
Solana is also one of the most robust crypto coins, heading the meme coin game with full energy. Solana became a blockchain sensation in 2024, a noteworthy blockchain portal birthing new meme coins at a rapid pace. Some of the Solana meme coins have contributed greatly to the blockchain’s popularity, helping SOL establish a credible reputation in the web3 realm.
Per CoinCodex, SOL may hit a new price spot of $200 by December 31st, 2024.
By mid-January 2025, SOL could surge to claim a new high of $228.
“According to our current Solana price prediction, the price of Solana is predicted to rise by 14.80% and reach $ 228.50 by January 24, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 73 (greed). Solana recorded 13/30 (43%) green days with 8.05% price volatility over the last 30 days. Based on the Solana forecast, it’s now a bad time to buy Solana.”
Also Read: Ripple Year End Price Prediction: Is XRP Claiming A New High Soon?
3. Binance Coin (BNB)
BNB is another notable cryptocurrency token busy forging its unique price path and trajectory. The token boasts multiple use cases, including its usage as “trading fee discounts, token sales on Binance Launchpad, and much more.” Per Binance, BNB’s diverse use cases make it a lucrative coin to hold for the long haul.
Per CoinCodex, BNB could surge to claim a new price spot of $730 by December 31st, 2024.
By mid-January 2025, the token could claim an all-time high of $820.
“According to our current Binance Coin price prediction, the price of Binance Coin is predicted to rise by 16.36% and reach $ 820.74 by January 24, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 73 (Greed). Binance Coin recorded 14/30 (47%) green days with 5.18% price volatility over the last 30 days. Based on the Binance Coin forecast, it’s now a good time to buy Binance Coin.”
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