- There will be a need for FTM tokens among crypto and blockchain experts.
- SOL could post 10x gains if it is able to reach its ATH again.
- The number of DApps built on Polygon has reached more than 53,000.
Fantom (FTM), Solana (SOL), and Polygon (MATIC) are good altcoins to stack up on during this bear market, as they have a large potential to post gains in 2023.
Fantom (FTM)
As the blockchain space grows, there will be a need for Fantom (FTM) tokens among crypto and blockchain experts. This is because people will only fully adopt blockchain technology if there are blockchain networks that are faster, cheaper, and more efficient than legacy chains, which is what the Fantom blockchain is.
The FTM Chain is EVM-Compatible, allowing many Ethereum (ETH) users to port their DApps to the platform. With this being the case, more people will start using FTM tokens to conduct transactions on the blockchain.
According to CoinMarketCap, the price of FTM has fallen 0.04% over the last 24 hours taking its price down to $0.2055.
Solana (SOL)
The Solana network has had its fair share of ups and downs this year, with arguably many more downs as the network has been halted several times this year. This has seen SOL’s price plummet to its current level of $28.51. This is after it reached an all-time high (ATH) of $259.96.
Once the Solana team irons out all of the bugs in the network, its price will likely recover, given its presence in the play-to-earn (P2E) and blockchain gaming space. This could see SOL’s price rise 10x in the next bull run.
Polygon (MATIC)
This ETH-based Layer-2 scaling solution achieved a major milestone earlier this week, as the number of decentralized applications built on top of the Polygon blockchain reached more than 53,000 at the end of September this year. Despite the crypto winter, the number of DApps built on the blockchain has risen 60% since June 2022.
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