Predicting exact percentage changes in cryptocurrency prices is challenging due to the volatile nature of the market. However, based on historical performance, trends, and upcoming technological advancements, we can estimate potential growth or change for 2024. Here are five top crypto coins expected to experience significant changes in 2024, along with rough percentage projections:
1. Bitcoin (BTC)
Projected Change in 2024: +50% to +100%
Key Drivers:
Bitcoin Halving: The 2024 Bitcoin halving will reduce the mining rewards from 6.25 BTC to 3.125 BTC. This halving historically leads to a supply shock, which often boosts Bitcoin’s price.
Institutional Adoption: Increasing adoption by institutional investors and governments viewing Bitcoin as “digital gold” could drive up demand.
Year
Price Estimate
Percentage Change
2023 (End)
$30,000 – $35,000
–
2024 (Mid)
$45,000 – $70,000
+50% to +100%
2. Ethereum (ETH)
Projected Change in 2024: +60% to +120%
Key Drivers:
Ethereum 2.0: With the continued rollout of Ethereum’s upgrade to proof-of-stake, we expect improved scalability, reduced gas fees, and further DeFi and NFT adoption.
DeFi and dApps Growth: As more projects build on Ethereum, demand for ETH will increase, driving up prices.
Year
Price Estimate
Percentage Change
2023 (End)
$1,800 – $2,000
–
2024 (Mid)
$3,000 – $4,400
+60% to +120%
3. Solana (SOL)
Projected Change in 2024: +70% to +150%
Key Drivers:
Improved Network Stability: Solana has faced outages, but improvements in network infrastructure could boost its reputation and attract more developers.
dApp and NFT Growth: Solana’s speed and low fees continue to make it an appealing alternative to Ethereum, driving adoption and price increases.
Year
Price Estimate
Percentage Change
2023 (End)
$18 – $25
–
2024 (Mid)
$30 – $60
+70% to +150%
4. Polygon (MATIC)
Projected Change in 2024: +80% to +200%
Key Drivers:
Layer 2 Scaling Solution: As Ethereum’s Layer 2 solution, Polygon’s low-cost, fast transactions are likely to drive further adoption in DeFi and dApps.
Ethereum Congestion Relief: With Ethereum’s scalability issues, more projects will rely on Polygon for seamless transactions.
Year
Price Estimate
Percentage Change
2023 (End)
$0.50 – $0.70
–
2024 (Mid)
$0.90 – $2.10
+80% to +200%
5. Chainlink (LINK)
Projected Change in 2024: +50% to +120%
Key Drivers:
Growing Oracle Network: As DeFi, NFTs, and blockchain-based applications continue to rise, the need for decentralized oracles like Chainlink to provide real-world data will surge.
Staking and Upgrades: Chainlink is introducing staking in 2024, which could create more demand for LINK as users stake to earn rewards.
Year
Price Estimate
Percentage Change
2023 (End)
$6 – $8
–
2024 (Mid)
$9 – $16
+50% to +120%
Conclusion
These five coins—Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polygon (MATIC), and Chainlink (LINK)—are expected to undergo significant changes in 2024. The percentage projections are estimates based on historical data, current trends, and upcoming upgrades. Although the market remains unpredictable, these cryptocurrencies are positioned for strong growth as they continue to innovate and attract more users to their ecosystems.
