Why Analysts Expect Zig Network (ZIG) to Outperform Solana (SOL) and Cardano (ADA) in 2024

The cryptocurrency market sees new predictions every other day and most investors make big decisions based on them. One of the most promising predictions that experts are making right now is the entrance of Zig Network (ZIG) into the market. Most of the seasoned analysts expect this new player to do better than most of the major participants, including Solana (SOL) and Cardano (ADA). 

Let’s find out why this relatively new player, Zig Network (ZIG), is catching so much attention and what makes it a better investment for you this year.

Solana (SOL): Positive Performance, But Will It Last?

The recent price recovery of Solana (SOL) is being noticed by all in the crypto arena. For quite some time, this coin has managed to maintain its price above the $150 mark. Now, some of the big players in the industry are saying that Solana (SOL) is showing the potential to reach the upper resistance levels toward $180 or even $200. Solana’s technical indicators also look promising.  

Nevertheless, while these gains bring some hope, the current resistance level is still proving to be a challenge for Solana (SOL). If the momentum gets bearish, the price will once again fall and drop to its lower support level of around $127. While we may find Solana (SOL) pushing ahead following the current momentum this year, it has always been susceptible to volatility and always falls big time.

Cardano (ADA): Riding High on Upgrades, But Facing Challenges

Cardano’s recent market performance has also been praiseworthy. It saw a 2% rise recently that was attributed to positive market sentiment and recent developments within its network. The recent Chang Hard Fork upgrade already succeeded in gaining investor attention. Further upcoming upgrades mean that Cardano’s network could boost its long term promise.

This is welcome news for the crypto community, but Cardano (ADA) still hasn’t breached the resistance levels, no matter the hype. Some are even thinking of a possibility where this coin might hit the $1 mark in the long run. Nonetheless, this way ahead seems to be slow and challenging. For now, the price of Cardano (ADA) is struggling at around $0.35, and predictions are only for it to go up to $0.5 by the end of October.

Zig Network (ZIG): A Revenue Sharing Blockchain with Big Potential

So, why is Zig Network (ZIG) being predicted to outperform both Solana (SOL) and Cardano (ADA) in 2024? The key lies in its innovative revenue sharing model. Through Zig Network (ZIG), holders earn a share of the fees generated on the platform, giving users a direct, passive income stream. Zig Network (ZIG) also stands out for its commitment to long term growth and security. The liquidity is locked indefinitely and team tokens are locked for four years, which reflects a solid commitment to building trust within the community. 

In addition, Zig Network’s staking system, offering up to 14% annual returns, promotes active participation and long term engagement. Zig Network’s combination of financial incentives, security and a user friendly approach makes it a top contender. The Zig debit card, allowing users to make real world purchases, is another unique aspect that sets it apart from Solana (SOL) and Cardano (ADA).

To find out more about the Zig Network (ZIG) use the links below:

Participate in the Zig Network

Read the Zignet Whitepaper 

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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