SOL and these three small coins will become the stars of 2023! Will their rally continue in 2024?Bitcoin prices climbed back above $44,000 yesterday amid growing optimism that a spot Bitcoin ETF will be approved in January next year.On this occasion, Bitcoin price is expected to reach $50,000 following the possible approval, and Bitcoin has already recorded stunning gains in 2023.Despite being up around 170% since January 2023, some smaller coins have also earned a golden reputation through their gains.SOL ranks first among these coins, followed by these three coins.So, what will happen to SOL, AVAX, STX and HNT that performed well in 2023 in 2024? Analysts who spoke to Coindesk assessed these small coins and explained their expectations:1-SOL:SOL is up over 700% since January 2023, having experienced a sharp rise since October.At this stage, Solana is performing well despite the collapse of the FTX exchange and the breakdown in relations with its founder Sam Bankman-Fried.Brian Rudick, a senior analyst at GSR, told Coindesk when talking about SOL: “After the FTX collapse, people had doubts about whether Solana would survive. No one believed that SOL would survive, but SOL did not disappear. Instead, on-chain activity increased and several After the second high-profile airdrop, SOL flourished."2-HNT:Since January 2023, HNT has gained over 400%, experiencing a massive increase of up to 270% in December.HNT’s entry into the mobile field is the reason behind this rise. Christopher Martin, research director at Amberdata, assessed HNT:“2023 is a big year for Helium due to its foray into mobile. The network appears to have big plans for mobile and IoT. Given these plans, there are a lot of expectations for HNT’s growth in mobile networks. "Overall, analysts expect HNT's rally to continue, noting that traditional fund managers have also shown particular interest in HNT.3-STX:STX is up over 600% since January 2023, experiencing a whopping 116% growth in December.Stacks is Bitcoin’s second layer protocol and is believed to be the first SEC-approved token in 2019.At this point, STX’s rally is expected to continue in 2024 as Bitcoin rises.4-AVAX:AVAX is up over 300% since the beginning of 2023, reaching $45. Partnerships are behind these gains, and Chris Newhouse, founder of DeFi consulting firm Infiniti Labs, weighed in on AVAX."Avalanche's rise this year has been driven largely by news about AVAX.This success for AVAX isn’t just news-driven, however, as its recent rise has seen people buying and selling between different L1 and minor coins.AVAX is shaping itself through corporate collaborations to become one of the most popular blockchains for corporate events, thanks to partnerships with Apollo and JP Morgan. "5-BTC and ETH:Bitcoin and Ethereum will continue to rise in the new year, and ETF approval will support this rally.For more analysis, follow Brother Chou, who shares daily spot passwords and bull market strategy layouts for free!
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