ADA, AVAX, and SOL: why these altcoins have huge potential for growth

Avalanche (AVAX), Cardano (ADA) and Solana (SOL) are the best altcoins you can get at the start of June, 2022.

Each crypto project has undergone numerous developments, all of which can contribute to the growth.

AVAX announces TheDeFimons, Lagon launches USDC Ethereum-Cardano bridge, Big Dapper for Solana Mainnet-Beta.

Avalanche, Cardano, and Solana are some of the best altcoins that you can get with huge potential for growth. 

On May 31, 2022, Avalanche announced that Moon Studios would bring TheDeFimons, which is a play-to-earn (P2E) pixel-art MMORPG, to Avalanche.

On May 25, 2022, Lagon launched its Ethereum-Cardano bridge for the second-largest stablecoin, USDC. 

On May 27, 2022, the Big Dipper for Solana Mainnet-Beta went live. Users were given the opportunity to start exploring SOL.

Should you buy Avalanche (AVAX)?

On June 1, 2022, Avalanche (AVAX) had a value of $25.93.

The all-time high of Avalanche (AVAX) was on November 21, 2021, when the token reached a value of $144.96.

Going over last month’s performance, Avalanche (AVAX) had its highest point of value on May 5 at $68.59. Its lowest point of value was on May 27 at $21.68.

Here we can see a decrease in value of $46.91 or by 68%.

With this in mind, at $25.93, AVAX is a solid buy as the cryptocurrency can increase in value to $30 by the end of June 2022.

Should you buy Cardano (ADA)?

On June 1, 2022, Cardano (ADA) had a value of $0.6164.

When we look at the token’s all-time high, Cardano (ADA) had a value of $3.09 on September 2, 2021.

Looking at the token’s performance throughout the previous month, Cardano (ADA) had its highest point on May 5 at $0.8969.

Its lowest point was on May 12 at $0.407. Here, we can see a decrease in value of $0.4899 or by 54%.

With this in mind, at $0.6164, the ADA cryptocurrency is a worthwhile buy as it can reach $1.2 by the end of June. 2022.

Should you buy Solana (SOL)?

On June 1, 2022, Solana (SOL) had a value of $44.98.

Going over the all-time high of the token, Solana (SOL) had its all-time high on November 6, 2021, when the token reached a value of $259.96.

When we take a look at the performance of the token throughout the previous month, Solana (SOL) had its highest point of value on May 5 at $94.3.

Its lowest point was on May 27 at $40.48. Here, we can see that the cryptocurrency decreased in value by $53.82 or by 57%.

With this in mind, SOL is a solid buy. If it breaks the $50 price barrier, it can climb to $55 by the end of June 2022.

The post ADA, AVAX, and SOL: why these altcoins have huge potential for growth appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

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