Cardano has been a popular cryptocurrency with over $15.6 billion in staked volume and millions of holders. Yet ADA has been a laggard in the crypto industry, with its price being 76% below its all-time high, and its ecosystem lagging that of other layer-1 blockchains. In fast paced crypto space, investors are likely to reject this top altcoin and look for high-flying Cardano rivals that offer better yields like turning $10k into $100k before February ends.
Cardano Price Trades 76% Below its ATH
Best Cardano Rivals to Buy and Turn $10k into $100k
Some of the top Cardano rivals to buy and turn $10k into $100k in February are Raydium (RAY), Ripple (XRP), Jupiter (JUP), and Jito (JTO).
Raydium (RAY): Market Leader in DEFI
Raydium is a top Cardano rival to buy and hold in February to turn $10k into $100k. It has become a key player in the cryptocurrency industry, overtaking Uniswap to become the biggest DEX network.
Raydium has handled over $441 billion in volume since its early days, with $124 billion of this coming in the last 30 days. The RAY token has jumped by nearly 4,000% from its 2023 lows, outperforming Cardano. Its price may continue soaring in February, with a potential of moving from $6 to over $15.
Ripple (XRP): Cardano Rival With Multiple Catalysts
XRP price has soared in the past few months, turning it into the third-biggest cryptocurrency in the industry. Analysts believe that XRP price may surge from the current $2.6 to over $5 in the coming months. Some of the potential catalysts are its popularity, the growing volume of Ripple USD (RLUSD), its stablecoin, and the potential approval of a spot XRP ETF by the Securities and Exchange Commission.
Jito (JTO): Liquid Staking Network Minting Money
Jito is one of the top Cardano rivals for buying and growing your cash from $10,000 to $100k. It is the biggest liquid staking network on Solana’s ecosystem. So, the main reason why the JTO token may surge soon is that the network is minting money, and has become the second most profitable network in the crypto industry after Tether.
It has made about $310 million this year, beating Tron, Ethereum, and Circle. Therefore, the JTO token may surge soon as it attracts more investors. Besides, the token has remained in a consolidation phase in the past few months. Tha is a possible sign that it is in an accumulation mode. A rebound may see it soar by 265% to a record high.
Jupiter (JUP): Growing Market Share in Perpetual Trading
Jupiter is one of the best ADA rivals to buy in February as it continues to gain market share in the perpetual DEX industry. It has handled over $224 billion in volume and is gaining market share against Hyperliquid in the perpetual futures trading.
Like Jito, Jupiter’s token has remained in a tight range in the past few months. A rebound in February may see it jump to its all-time high of $1.9205, over 100% from the current level.
Other Top ADA Rivals to Buy
The other key ADA rivals to buy are cryptocurrencies like Avalanche, Stellar Lumens, Cronos, and Hyperliquid.
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