Hamster

Notcoin

Solana

Toncoin

Coin

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<p>As Bitcoin (BTC) and Binance Coin (BNB) became the first major cryptocurrencies to set new price ATHs in this cycle, experts are certain that more coins will follow the leaders soon. A CryptoQuant community analyst who goes by Maartunn shared his views.</p>
<h2 id="solana-sol-toncoin-ton-target-aths-expert-says">Solana (SOL), Toncoin (TON) target ATHs, expert says</h2>
<p>Solana (SOL) and Toncoin (TON), two major altcoins and key cryptocurrencies of eponymous L1 blockchains, might be the next cryptos to reach price ATHs. The Price Drawdown Heatmap, a chart that displays how far a cryptocurrency is from reaching the price record, has highlighted SOL and TON amid all altcoins.</p>
<p>Such estimations were shared by Maartunn, a CryptoQuant community analyst, in his recent CryptoQuant QuickTake <a href="https://cryptoquant.com/insights/quicktake/6755eea240b3ae5ea55d8ad4-Are-TON-and-SOL-the-Next-to-Hit-All-Time-Highs-Follwing-BTC-BNB?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=maartunn&amp;utm_term=ton">post</a>.</p>
<p>The expert stresses that Solana (SOL) is only 8% below its current ATH, while Toncoin (TON) follows closely at 15% below its peak.</p>
<p>The Solana (SOL) price reached its all-time high on Sept. 9, 2021, at $216. Toncoin (TON) hit the record price level on June 15, 2024, when the price spiked over $6.82.</p>
<p>TON euphoria was triggered by the popularity of Notcoin (NOT), Hamster Combat (HAMSTER) and a number of other dApps on TON, as well as by the decision by Tether to issue USDT on the blockchain.</p>
<h2 id="solana-sol-outperforms-competitor-by-defi-metrics">Solana (SOL) outperforms competitor by DeFi metrics</h2>
<p>Crypto expert Maartunn outlined that both Solana (SOL) and Toncoin (TON) demonstrate strong fundamentals, including active development teams and active networks.</p>
<p>While both cryptos have performed well in this rally, their metrics of DeFi activity follow totally different patterns. For Solana (SOL), the current total value locked (TVL) indicator over $9 billion is almost equal to the ATH set in 2021.</p>
<p>By contrast, Toncoin (TON) reached its peak TVL this summer. Since July, the metric dropped from $769 million to $387 million in equivalent.</p> <a href="https://u.today/toncoin-ton-solana-sol-next-to-reach-new-aths">Read original article on U.Today</a>

Toncoin (TON), Solana (SOL) Next to Reach New ATHs?

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