Despite the thriving bull market, these 3 cryptocurrencies are still underrated.

Solana, Uniswap, and Elluminex continue to appear undervalued, with Elluminex ready to target a market of 1 billion users.

While many leading cryptocurrencies have surged in value during this bull market, some remain attractively priced. Speculators suggest that Solana (SOL), Uniswap (UNI), and Elluminex (ELX) are examples of undervalued coins that could see significant gains soon.

Many experts predict that SOL could soon rise to $1,000, while UNI may attempt to retest the $50 mark in the coming weeks. However, knowledgeable market players have singled out ELX as the top cryptocurrency to acquire now as it aims to tap into a user base of approximately 1 billion.

Solana is consolidating, forming a bullish cup-and-handle pattern

Since reaching an all-time high of $264 on November 23 last year, Solana’s momentum has eased. Data from CoinMarketCap indicates that the Solana cryptocurrency has stabilized between $200 and $240 throughout December 2024.

Nevertheless, technical analyses from both Ali Martinez and CryptoBoss show that a cup-and-handle pattern has formed on the 1-minute Solana price chart. CryptoBoss believes SOL could reach $400 by the end of January 2025 due to this long-term bullish continuation pattern.

Martinez has set an even higher target for Solana. He believes that SOL is significantly undervalued and could surge to $4,013 if this pattern fully materializes. A rise from its current level to $4,013 would represent an increase of over 1,860%, making Solana one of the best altcoins to purchase right now.

Uniswap is poised to retest its all-time high

Despite Uniswap’s established reputation and substantial share in the DEX market, its performance during the bull market has not mirrored its potential. The Uniswap cryptocurrency is currently trading at 61% below its all-time high of $45, according to data from CoinMarketCap.

After months of consolidation, market speculators are now confident that UNI is undervalued and could experience a significant pump. The Uniswap price chart shared by Crypto Tigers indicates that UNI has broken out and retested its consolidation area, setting the stage for a bounce back towards $50.

Cryptobud suggests that this could occur in 2025, stating that Uniswap is ready to challenge its all-time high. According to Cryptobud, the anticipated 2025 launch of Unichain, designed for faster transactions, is a key factor behind the expected rally of the Uniswap token.

He also noted an uptick in trading volume on the DEX in anticipation of favorable government regulations in 2025.

Elluminex appears geared for an explosive rally in 2025

While Ethereum has Uniswap, BNB has PancakeSwap, Solana has Jupiter, Toncoin now has Elluminex. DeFi market specialists believe Elluminex could emerge as the next breakout project due to its potential significant influence on the future of DeFi, extending beyond just the Toncoin network.

In contrast to other leading DeFi projects, Elluminex operates as a DeFi hub featuring multiple products aimed at unlocking the full capabilities of DeFi on the rapidly growing TON blockchain. The next-gen cross-chain platform is designed to enhance interoperability within the Toncoin blockchain, offering traders diverse trading opportunities and maximizing asset utility across numerous chains.

In Conclusion

The current bull market may be peaking, yet numerous opportunities still exist. Traders seeking to amplify their portfolios may consider investing in Solana and Uniswap. However, astute market players aiming for a once-in-a-lifetime chance are turning to the vision of Elluminex.

To discover more about Elluminex, visit the website, Twitter, and Telegram.