Why are Institutional Investors Betting on Solana, XRP, and Cardano?

Adekunle Joshua

Institutional investors in the cryptocurrency market are placing their bets on altcoins like Solana, XRP, and Cardano in anticipation of the upcoming bull market

These alternative cryptocurrencies present various advantages over Bitcoin, including faster transaction speeds, reduced fees, and improved scalability.

Solana is currently experiencing a bullish trend and is poised to surpass the $25 mark soon

XRP has achieved 25 consecutive weeks of positive inflows from institutional investors, indicating sustained interest in the digital asset

While Cardano is grappling with volatility challenges, there is potential for a rally, with a possible increase to $0.38 in the near future.

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