The Bitcoin halving is done. The much-anticipated post-halving bull run has yet to take off, but analysts predict that the bulls will take over the market in the next 3 to 6 months.
Now, more than ever, spotting the correct token to purchase is crucial before the bull season officially begins. What better place to start than Solana, the centre of a significant altcoin evolution in 2024?
So, what Solana-based projects should you consider as the bullish season approaches? This guide lists our top 7 picks for 100x profits in the 2024-25 bull season.
Solana: The Ethereum Killer?
Since its birth, Solana has been touted by many as the ultimate Ethereum killer. But why?
Solana replicates Ethereum’s services, including DeFI, NFT, and general smart contract support. Yet, Solana brought its twists:
- Solana offers more affordable transaction charges for the general crypto community, making it a good startup centre.
- The transactional speed of Solana is 2.6K TPS, which is relatively higher than Ethereum’s 15TPS.
- Solana’s massive ability to scale has led to a meteoric rise of Solana-based projects, as more developers prefer a platform where services are executed faster.
While Solana has limitations, including network outages, its general strengths make it a reliable platform for a dApp ecosystem.
What are the Top 7 Solana Tokens with Max Potential?
Guacamole (GUAC)
Have you heard of GUAC tokens? They are a big deal and a good investment opportunity in Solana.
Although it began only in 2023, GUAC has already reported immense gains. In fact, according to Coinmarketcap data, between June 2023 and April 2024, GUAC surged by 1550%, a 15x increase.
With the market cap currently at about $28 million, $GUAC will easily be a 100x token for the coming bull season.
So, what is unique about the Guacamole network? It’s the kind of service it affords users. Guacamole offers a dependable, decentralized, and secure network for online transactions.
In essence, Guacamole merges digital identity with modern blockchain-focused encryption technologies to ensure the security of transactions.
The community remains very bullish on $GUAC.
DUKO (DUKO)
DUKO is among the crypto coins that will thrive in 2024. Between the 18th and 22nd of April 2024, just around the Bitcoin halving season, DUKO moved from a low of $0.00129 to $0.0024.
Despite immense surges in the four days, DUKO remained about 50% below its monthly high. Having launched only in February 2024, DUKO has seen immense surges of over 860%, about 8.6x.
Today, DUKO has a market cap of $23 million, making it a token with the potential for 10x, maybe even 100x, in the 2024-2025 bull cycle.
Should you buy DUKO? Yes!
DUKO is one of the few memecoins on the list. Since Jan 2024, there has been an increase in interest in Solana-based meme tokens. The potential for DUKO is excellent.
Many investors believe this Solana pet is undervalued.
Ponke (PONKE)
Trading at $0.179, PONKE is another token taking over the skies of the Solana network. Despite being launched only in January 2024, PONKE has doubled in value.
For instance, when listed on Coinmarketcap, PONKE was trading at a low of about $0.093. The token later plunged to $0.03. Yet, in April 2024, PONKE hit an all-time high of $0.2.
With a small market cap of about $77 million, PONKE is poised to make the biggest surprises of the 2024 bull season. It has a 100x potential.
But what is Ponke?
Ponke is another meme token thriving because of the Solana meme season. The crypto token is already available for trading on major crypto exchanges, including OKX DEX, Bitget, Gate.io, HTX, Bitmart, Poloniex, MEXC, and Bitrue.
Aleph.im (ALEPH)
With a current market cap of about $64.6 million when writing this report, ALEPH takes the spot of a top Solana-based token to watch in the upcoming bull run. Trading at $0.26, ALEPH is already seen as a millionaire maker.
Since April 2023, ALEPH has been on a slow upward trajectory, from $0.07 to the prevailing prices. However, this token also recorded intense highs at $0.45 during its upsurge.
But what is Aleph.im?
Aleph.im is a crypto network created to provide reliable Web3 cloud service solutions for decentralized apps. It introduces features like low costs, lightning-fast speeds, and trustlessness. As such, Dapps, based on Solana, can enjoy cloud solutions with zero centralization. With Solana at the heart of massive growth in Dapps, Aleph will increasingly get use cases and, hence, surge even further.
Solama (SOLAMA)
If you are a genuine Solana enthusiast, you have likely met SOLAMA. This token has been trending so much recently, and its values have also been surging.
Launched in early 2024, the coin moved from a low of $0.00058 to an all-time high of $0.13. The coin later took a major dump and is now trading at $0.036. Yet, even with the dump, the coin is still up by 8600%, an equivalent of 86x since its birth.
But what is Solama?
Solama is a Solana-based memecoin. It’s primarily known as the unofficial Solana Mascot. Solama is a true rising star in the realm of meme coins.
According to its web page, SOLAMA intends to replicate or surpass the feats of the second-largest meme cryptocurrency, SHIB. They offer features like burn, not taxes.
Mango Markets (MNGO)
Mango Markets, a decentralized crypto exchange network based on Solana, also holds massive potential. The platform offers a one-stop shop for DeFI services like lending, borrowing, swapping, and even leveraged trading.
With features like high liquidity, lightning-fast transactions, and low fees, Mango looks primed to challenge for the top spot in Solana DEX services.
Now, to the price action!
When writing this report, MNGO was trading at just about $0.031, with a market cap of $31M. Between late March and early April 2024, MNGO reported gains of about 52%.
Note that MNGO’s market cap is still shallow. As such, this could be a 100x token in the coming months.
Finally, Panda Swap (PANDA)
Closing our list of top crypto tokens to buy on the Solana network is Panda Swap.
Launched in mid-March 2024, the PANDA token has continually surged, moving from a low of $0.0033 to the current price of $0.011. The coin’s high as of April 2024 was $0.029.
The PANDA token’s market cap is $9.1M, which increases its potential for high returns in the coming bulls.
Panda Swap is a decentralized crypto exchange platform built on the Solana blockchain. Its primary idea is to provide a DEX swap platform for Solana-based decentralized crypto tokens. The platform is dedicated to maximizing returns, fostering liquidity, incubating projects, and providing the best user experience.
With the recent surge in Solana-based meme tokens, Panda could be the next big thing in DEX asset trading.
Final Word
This guide highlights the top 7 best crypto tokens based on the Solana network, with the potential for 100x gains. At its current state, Solana hubs massive potential in the form of investment opportunities in memes and general tokens. Let this bull run be an opportunity to make money with Solana tokens.