Cryptocurrencies that are quietly soaring in the shadow of Bitcoin

Although when talking about investments in cryptocurrencies we always have Bitcoin and Ethereum in the first places, the truth is that there are other digital currencies that are a great alternative if we want to diversify our investments.


But while Bitcoin and Ethereum could weaken at the rising rates now expected with a first Federal Reserve hike in March, there are others like Solana and Ripple that could weather this hit much better and even see big growth in the future. short term.


And it is that one of these coins that we should take a look at is Solana, which has a value of 95.81 dollars at this time.


Bitcoin, Ethereum, Solana, Cardano… When is the best time to invest in cryptocurrencies?

And it is that the Solana NFT system is growing significantly thanks to the great demand of projects such as Solana Monkey Business and Degenerate Ape Academy. In addition, NFT-powered games are also generating quite a bit of interest in Solana.

On the other hand, the metaverse also gives a nod to Solana, and yet it seems that there is a metaverse project underway designed for this digital currency. However, the average price forecast of analysts specialized in Solana places it this year at 217 dollars, improving more than 100% compared to its current price.

Another digital currency gaining momentum is Ripple which at the time of writing is worth $0.79.

However, the repurchase of important Ripple shares shows the momentum of this currency, and the average price target for it for 2022is $1.02, that is, 24% more than its current price.

Be that as it may, there is a lot of uncertainty regarding digital currencies for these coming months and it is unknown how the different rise in rates or conflicts such as the Russia and Ukraine.