With crypto assets seeing all-time highs, finding tokens at low prices can be challenging. However, there are several gems out there that still have huge potential.
Among these, SUI, XRP, and ELX stand out. All of these tokens benefit from their growing ecosystems and significant utility. At the same time, their potential is far from exhausted.
Sui Hits ATH After Partnership Announcement
Sui, the high-performance blockchain often called the “Solana killer,” has been a standout performer this cycle. The project has seen 630.38% growth year-over-year, recently reaching an ATH of $4.93.
Source: CMC
This project, created by ex-Meta employees who worked on the never-launched Libra token, is attracting attention due to its robust architecture. However, more recently, SUI secured a series of major partnerships and integrations.
Most recently, SUI announced a collaboration with Ant Digital, a subsidiary of the Chinese giant Ant Group. This collaboration is all about tokenizing Real World Assets (RWAs), particularly for Chinese solar assets. For that reason, SUI will soon play a role in the growing Chinese green energy sector.
We’re excited to partner with Ant Digital Technologies + @ZAN_team to bring ESG-backed RWA assets onchain!🌐
Together, we’re unlocking access to ESG-backed green assets, pioneering tokenization with a focus on sustainability, scalability, and innovation.https://t.co/z9dn1og1Jb
— Sui (@SuiNetwork) December 13, 2024
Earlier, Sui also reached a major milestone after integrating the Google Cloud. Thanks to its partnership with ZettaBlock, Sui leveraged the cloud platform to improve access to real-time data, which is key for real-world applications.
These partnerships position Sui as a major contender in the high-performance blockchain space. Potentially, it even has a shot at overtaking Solana.
XRP Wins Big After Elections
The blockchain for business, Ripple (XRP), has been one of the biggest winners in this bull market. After the anticipated regulatory changes in the US, the markets expect XRP to be a major winner.
On December 3, XRP reached its multi-year high of $2.86, the highest level since 2017. The rally enabled it to overtake both Solana and USDT, making it the top third among all crypto assets.
Source: CMC
The biggest reason for XRP’s rally was Donald Trump’s election win. With a crypto-friendly President in the White House, businesses will be much more likely to use crypto. This is great for XRP, which has positioned itself as a crypto B2B token, focused on international payments.
Cross-border payments are still one of crypto’s most important use cases. With global B2B payments expected to reach $290 trillion by 2030, Ripple has incredible potential for growth in that area.
New TON DeFi Hub About To Launch
Regulatory changes are also expected to impact a new low-cap DeFi project set to transform The Open Network (TON). Unlike other major DeFi networks like Ethereum and BNB, TON lacks a decentralized exchange (DEX) with advanced features. Elluminex (ELX) hopes to change that.
Since January 2024, TON has seen substantial growth in both its total value locked (TVL) and volume. The growth was driven by its integration with the popular Telegram messaging app. The app, with its one billion users, serves as a critical on-ramp for introducing new users to Web3.
Source: DefiLlama
Despite this, TON is still far behind most major crypto platforms. TON is just 16th among all chains by DEX volume, with weekly volume at $242.54 million. It is also just 30th by total value locked on the chain, at $290.22 million.
The main reason for this is a lack of DeFi liquidity and a designated high-volume DEX. Despite its growth, DeFi is still in very early stages on TON. This is why the launch of a designated DeFi hub for TON, like Elluminex, has strong potential for the network.
The Elluminex token (ELX) will launch at a presale price of $0.1, giving it an initial market cap of $35 million. For crypto projects, this is a very small market cap. Moreover, thanks to its use cases, it has significant potential for growth.
For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex
