Bitcoin

April

Opus

<div class="finbold">
 <p class="paragraph">April is a pivotal month for the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a>, with the Bitcoin (BTC) halving event anticipated to trigger bullish trends extending to the broader sector. As the month progresses, a long-term prevailing bullish sentiment permeates the industry, with multiple digital assets showing potential for sustained buying pressure that could impact their <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> capitalization.</p>
 <p class="paragraph">Notably, some assets are nearing the $100 billion market cap threshold and are poised for potential rallies. Therefore, Finbold has identified two cryptocurrencies likely to surpass that mark.&nbsp;</p>
 <p class="paragraph">These assets are already approaching the threshold, and their trajectory will depend on factors such as the continuation of the bull run and supply inflation.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Solana price prediction as network issues escalate <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    We asked Claude Opus AI to make a $100 crypto portfolio <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    3 cryptocurrencies to watch for the week <span class="self-center text-xs text-slate-500">4 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Dormant Bitcoin whale activates after 10 years with $100 million <span class="self-center text-xs text-slate-500">5 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-bnb-nbsp">BNB&nbsp;</h2>
 <p class="paragraph">BNB, the native token of Binance, has the potential to reach a $100 billion market cap, hinging on the exchange’s growth, which could drive increased demand for BNB and subsequent buying pressure. Besides being the native token of the world’s largest cryptocurrency exchange, several factors could potentially propel BNB to $100 billion.</p>
 <p class="paragraph">For instance, BNB’s burning mechanism, where Binance periodically buys back and burns tokens, may contribute to its value appreciation and market cap growth by reducing the overall supply.</p>
 <p class="paragraph">Additionally, activity within the BNB Chain ecosystem can further support its trajectory toward the $100 billion market cap. In the first quarter, positive metrics such as revenue, earnings, and BNB’s price were recorded, and the continuation of these metrics in April could be crucial for BNB’s valuation.</p>
 <p class="paragraph">Amid bullish sentiments dominating BNB, the token reached a multi-year high of $632.80 on March 16 before undergoing a correction. Therefore, sustained bullishness in the market could lead to increased buying pressure.</p>
 <p class="paragraph">With its current <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> cap of around $87 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a>, BNB has a solid foundation to approach the $100 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> mark by the end of April, requiring just a 14% increase. As of the latest update, BNB was trading at $585 with daily losses of less than 1%.</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="791" height="82" src="https://cdn.thebittimes.com/images/2024/04/07/64d15975788e1999f27ba3bf9125ea44.webp" alt class="wp-image-166996" srcset="https://cdn.thebittimes.com/images/2024/04/07/64d15975788e1999f27ba3bf9125ea44.webp 791w, https://cdn.thebittimes.com/images/2024/04/07/64d15975788e1999f27ba3bf9125ea44.webp 300w, https://cdn.thebittimes.com/images/2024/04/07/64d15975788e1999f27ba3bf9125ea44.webp 768w" sizes="(max-width: 791px) 100vw, 791px">
  <figcaption class="wp-element-caption"><em>BNB market cap. Source: CoinMarketCap</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-solana-sol">Solana (SOL)</h2>
 <p class="paragraph">One notable characteristic of Solana (SOL) is its resilience, a factor that could drive its market cap to $100 billion. This resilience is evident despite recurring network outages, as Solana continues to trade above the $170 support zone.&nbsp;</p>
 <p class="paragraph">The platform has already experienced growth fueled by the excitement surrounding meme <a rel="noopener noreferrer nofollow" title="cryptocurrencies" href="https://thebittimes.com/tag/cryptocurrencies.html">cryptocurrencies</a> launched on the network and the record-breaking decentralized exchange (DEX) trading volume, which <a rel="noopener noreferrer nofollow" title="reach" href="https://thebittimes.com/tag/reach.html">reach</a>ed approximately $60 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a>.</p>
 <p class="paragraph">Moreover, investor confidence in Solana is likely to strengthen as long as the network demonstrates commitment to resolving its ongoing outages. Solana CEO Anatoly Yakovenko acknowledged the frustration caused by recent congestion bugs on the blockchain, emphasizing the complexity of addressing such issues compared to resolving total liveness failures. These challenges require extensive testing and updates, slowing down the deployment process.</p>
 <p class="paragraph">Additionally, the upcoming Bitcoin halving is expected to impact Solana’s price positively. Changelly, a cryptocurrency exchange and analytics platform, projects that Solana could reach $321 on April 20, the day of the Bitcoin halving. This analysis takes into account historical price data, market trends, and the overall sentiment surrounding Solana.</p>
 <p class="paragraph">Currently, Solana’s market cap stands at $79.11 billion, meaning the asset would need to increase by 25% to reach the $100 billion milestone.</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="770" height="89" src="https://cdn.thebittimes.com/images/2024/04/07/25368d050bc2c36d0ca37e63e843e6cd.webp" alt class="wp-image-166997" srcset="https://cdn.thebittimes.com/images/2024/04/07/25368d050bc2c36d0ca37e63e843e6cd.webp 770w, https://cdn.thebittimes.com/images/2024/04/07/25368d050bc2c36d0ca37e63e843e6cd.webp 300w, https://cdn.thebittimes.com/images/2024/04/07/25368d050bc2c36d0ca37e63e843e6cd.webp 768w" sizes="(max-width: 770px) 100vw, 770px">
  <figcaption class="wp-element-caption"><em>SOL market cap. Source: CoinMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">By press time, Solana was valued at $178, showing daily gains of nearly 2%.</p>
 <p class="paragraph">It’s important to highlight that while backed by various fundamentals, the potential for the mentioned cryptocurrencies to reach the $100 billion threshold hinges significantly on the continuation of a bullish market momentum.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em>&nbsp;The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/2-cryptocurrencies-to-reach-100-billion-market-cap-in-april-tbt84678.html">https://thebittimes.com/2-cryptocurrencies-to-reach-100-billion-market-cap-in-april-tbt84678.html</a></p>

2 cryptocurrencies to reach $100 billion market cap in April

Table of Contents

TheBitTimes

Other articles published on Apr 6, 2024

Bitcoin’s Price Range Persists into Week Two, RebelSatoshi Targets Dogecoin’s Market Cap

XRP's Potential Surge: Analyst Unevil A Generational Wealth Opportunity

Ripple-killer ALGT Raises $3.7M in 1 Month, Attracts Whales as XRP Price Disappoints Community

How Coinbase Dominates the Canadian Market Amid US Regulatory Uncertainty: A Strategic Move

Raffle Coin’s Presale Draws Cosmos and Ethereum Classic Fans, Allured by the Prospect of 100X Raf...

March Crypto Fundraising Hits $1.2B, But Q1 Still Registers 23% Dip

Join our free newsletter for daily crypto updates!