3 Cryptos Poised for Growth Like Ethereum’s 2017 Surge

By The Crypto Times
about 5 hours ago
BULLISH DEFI TRX MIRROR AVAX

Both Tron (TRX) and Avalanche (AVAX) have been at their lowest for most of the year, not until the altcoin market bull run kicked off. This allowed Tron coin to pump over 200% to a new ATH of $0.44 a few weeks back. The Avalanche price also crossed a resistance threshold of around $50 in November for the first time in over 7 months.

As both of these DeFi coins show potential for growth and strong network resilience, they are likely to recreate the mammoth run Ethereum had in 2017. Another spectacular DeFi project on TON Blockchain called Elluminex (ELX), is even showing greater potential to rally parabolically when it eventually launches in the near future.

Avalanche Token Rides The Bull Wave Amid Network Upgrade

When Bitcoin started rising monumentally above $90,000 in the past few weeks, reaching a peak of $108,268, the Avalanche (AVAX) token was among the DeFi coins that followed strongly. The price of Avalanche was able to leave the bearish trend sustained in Q2, and Q3 by rising significantly above the crucial $50 resistance price. 

Although Avalanche’s price is now trading in a weekly price range of $36.14 and $53.61, its brief but impressive pump shows that the network still has some potential for a resurgence. This is especially true because the network just made upgrades to enhance its speed, cross-chain integration, and API usability. 

Even top analyst, Renksi, shared a bullish post about Avalanche coin, AVAX. The analyst predicted a $75 first price target in Q1 and then added that a “three-figure” price would come immediately after. This has sparked more price optimism for AVAX, as it ranks as one of the top altcoins to buy.

Tron Coin Teases New ATH, Attracts Bullish Predictions

Tron (TRX) has held one of the most stagnant price trajectories for most of the year. As Tron’s price continually hovered around $0.1 since the start of the year, the crypto market was in doubt of its potential to mirror a resurgence. However, the bull market picked up its price and it allowed Tron to hit a new ATH of $0.44.

Tron has consolidated to lower levels but considering the ongoing bull market, this altcoin is poised to continue from where it stopped and smash higher ATHs. The Tron coin is now priced in a weekly range of $0.247 and $0.3023, its attempt to stabilize above the crucial $0.30 resistance is noteworthy.

As Tron (TRX) consolidates, a top crypto analyst with the X handle, CW3900 recently stated that TRX’s next target is $0.53, sparking further bullish momentum. 

Elluminex: A DeFi Coin Poised to Dominate the 2025 Market

Elluminex (ELX), with its utility token, ELX, is a fully decentralized platform designed to take the multi-chain DeFi activities on the TON blockchain to the next level. With over 950 million active users and a fast growth rate, TON serves as the best foundation for the fast-rising DeFi protocol. Besides, the affiliation TON has with Telegram, a top social media platform, also increases the potential of Elluminex to mirror a parabolic run in 2025. 

However, all of the aforementioned are only the tip of the iceberg— the platform itself is packed with enticing DeFi features. At its core, Elluminex functions as a cross-chain bridging protocol that allows decentralized exchanges and even offers a learning hub, staking mechanism, and farming model where users can earn passive income. With these features, Elluminex aims to eliminate deeper issues like, extra fees, liquidity fragmentation, and complex user interface.

Alongside this, Elluminex has a commitment to guide its users toward profitable investments. It does this by assisting both experienced and inexperienced users with a ‘Portfolio Tracker”— a feature that provides relevant market updates and analytic insights to keep investors informed. Coupled with this, there’s an educational hub designed to transform its network users into DeFi literates. Interestingly, Its platform also offers access to TON tokens that haven’t been listed yet so market players can fully capitalize on them.

Can Elluminex Stay On The List Of Top Altcoins To Buy Longer TRON?

Considering its role in the whole ecosystem of TON (The Open Network), whose user base surpasses 950 million users, TRON might have a hard time outperforming Elluminex. However, more impressive, Elluminex represents a new low-cap gem with a lot of potential raising its appeal among market players.

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