Things to watch out for after Halving

Best cryptocurrencies to follow for April 2024

Approaching the Bitcoin halving, a major event that historically boosts the market, six cryptos have caught our attention and that we will need to watch in April: SOL (Solana), AVAX (Avalanche), ONDO, Realio Network (RIO), Ocean Protocol (OCEAN) and Pendle.

These assets stand out for their advanced technology and their potential in the field of AI and Real-world assets (RWA), a growing sector that is attracting the interest of investors around the world. Tokenization of real assets represents a popular trendpromising to transform the ways of investing and managing goods in the digital economy.

Blackrock’s recent introduction of a tokenized stablecoin on the Ethereum blockchain, called “Hold”, opens a new page for institutional investment in cryptocurrencies. This commitment has led to a positive reaction in the market and contributed to a rise in prices for RWA cryptocurrencies.

With a market cap of $40 billion for AI and 9 billion for RWAthese areas are witnessing rapid growth, capturing investor interest.

Here is a list of 6 cryptos to follow in Aprilbut also after the Bitcoin halving.

#1 Solana (SOL)

Solana, with its promise of speed and efficiency, deserves its leading place in our top 6 cryptocurrencies for the month of April. Its cutting-edge technology, capable of processing thousands of transactions at lower costpositions it as a serious rival to Ethereum.

After hitting a low $14 during the bear marketSolana has experienced an incredible rise, displaying an increase of 865% over 1 year to currently reach $196. Right now, the SOL crypto is struggling with the $200 threshold, SOL is showing signs that a breakout is imminent.

Strong momentum and positive anticipation around the Bitcoin halving support this exceptional performance. If the market maintains its uptrend, Solana could continue on its impressive trajectoryreinforcing speculation around its ability to become one of the main cryptocurrencies on the market.

#2 Avalanche (AVAX)

Avalanche stands out and comes in 2nd in our ranking, thanks to its technology which resolves the issues of scalability while remaining environmentally friendly. By enabling fast and efficient transactions, AVAX plays a crucial role in the evolution of decentralized finance, positioning itself as an important platform for developing decentralized applications without sacrificing performance or the environment.

AVAX experienced an increase of 213% this year, a more modest journey than some cryptos, but which hides enormous potential. Its current price of $53, far from its ATH of $136 in 2021, suggests great opportunities. The community and analysts consider that with its current positioning, the timing could be perfect for those looking to invest, anticipating a rise in its price for the future.

#3 Ondo (ONDO)

ONDO stands out as a cornerstone of real-world assets (RWA) in the crypto-sphere, coming in third position in our ranking. In the midst of the RWA wave in 2024, ONDO is standing out for its ability to pontificate the physical world and the blockchain, offering a platform to tokenize and exchange real assets in a secure and transparent manner.

Since its launch earlier this year, ONDO has already tripled in value, marking a notable entry into the market. With a current market capitalization of $1,262,213,069, which continues to growONDO presents an interesting investment opportunity compared to other more established cryptocurrencies.

Sold to $0.91 currentlyit is positioned to cross the symbolic milestone of $1 very soon, driven by the craze around RWA cryptos. This crypto, which combines traditional investments and blockchain, is one to watch in April and throughout the rest of the year.

#4 Realio Network (RIO)

In 4th position in our top, RIO – Realio Network, with its ambition to reinvent investment in RWA. The project aims to simplify the tokenization of real assetsthus allowing greater accessibility and liquidity in the market.

The RIO crypto has seen a meteoric rise recently, with its price reaching $4.3 and recording an increase of 180% last montha peak reminiscent of the year 2020. Although still young, the narrative around RIO and its market is booming.

Furthermore, it is important to note that the large exchange platforms have not yet listed RIO. A future listing on these exchanges could lead to a significant increase in its price.

Currently considered a low cap, with a valuation of $16,051,547, RIO is considered undervalued by many, thus attracting a growing number of investors. With its current price retracement at $2.44, the outlook appears promising, with some considering a 10x or 15x gain potential depending on market developments.

#5 Ocean Protocol (OCEAN)

In 5th position, Ocean Protocol is proving to be an essential component of the growth of artificial intelligence in the blockchain space. By facilitating the secure purchase, sale and sharing of data, OCEAN is tackling a major challenge: making data accessible to power AIwhile preserving user privacy.

Closing in on its 2021 ATH of $1.80, OCEAN is showing impressive growth of 282% this yearwith a current price of $1.30 and a market cap that remains promising at $740,681,626.

The recent announcement of a possible merger between Fetch.AI, AGIX and OCEAN to create the new ASI token has captivated attention. With the vote on this merger scheduled for tomorrow, OCEAN shows significant upside potential for April and beyond.

For investors, timing will be key, especially in anticipating price movements following this exciting news.

#6 Pendle (PENDLE)

In 6th position on our list, Pendle is increasingly known for its innovative approach to decentralized finance (DeFi). By allowing users to tokenize and trade future revenue from their DeFi assets, Pendle provides flexibility and liquidity never before seen in the market.

PENDLE, marking the RWA landscape, crossed the $5 mark today, with an increase of 40% in one week, reaching a new ATH. Launched in 2021, the PENDLE crypto is currently experiencing its first bull runa crucial period which saw its price evolve from $0.20 to $0.50 before benefiting from the growing interest in RWA.

This bullish trend makes PENDLE a crypto to watch for Aprilespecially with the approach of the Bitcoin halving, an event likely to further amplify its positive dynamics.

⚠ This article is published for information purposes only and should not be considered investment advice.