Home » Christmas Rally Slows Down XRP and Solana, But Graphite (@G) Poised to Drive January’s Altcoin Surge

Christmas Rally Slows Down XRP and Solana, But Graphite (@G) Poised to Drive January’s Altcoin Surge

29.12.2024 17:57 5 min. read Alexander Zdravkov
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Christmas Rally Slows Down XRP and Solana, But Graphite (@G) Poised to Drive January’s Altcoin Surge

With the holiday season cooling off the momentum for XRP and Solana, attention is turning to a fresh contender.

Graphite (@G) is positioning itself as a driving force behind an anticipated surge in altcoins this January. Will this new token lead the charge in shaking up the crypto market at the start of the new year?


This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.


Graphite Token (@G): Powering the Blockchain That Could Topple Ethereum and Solana

Ethereum (ETH) and Solana (SOL) have had their time in the spotlight. Now, Graphite Token (@G) is here, bringing with it the power of the Graphite L1 blockchain designed to make crypto simpler, faster, and more rewarding for everyone. Could this be the next big thing to follow Ethereum’s legendary 4,000X growth?

The secret to life-changing crypto profits lies in spotting the next hidden gem before the crowd. History shows that early adopters of projects with real utility reap massive rewards:

  • Solana started at $0.04 and skyrocketed to nearly $300 — a staggering +7,500%.
  • Ethereum launched below $1 and climbed to around $4,000 — an insane +400,000%.

The secret to their growth? Utility. The more people use them, the more valuable their tokens become. But times have changed, and these blockchains aren’t cutting it anymore.

Discover SOL and ETH Challenger for 4,000X Profit Potential

What’s Wrong with Ethereum and Solana?

Older blockchains face growing challenges like rising fees, complexity, regulatory uncertainty, and questions about reliability. Take Solana, which occasionally experiences network outages, or Ethereum, which saw a significant reduction in its burn rate in 2024.

Between unpredictable gas costs, unsatisfactory speed, and unreliable service, users are starting to look elsewhere. The dominance of the “old guard” is fading.

What Graphite Brings to the Table

Graphite is built to address the challenges of older blockchains with a set of practical features.

Direct Rewards for Entry-Point Nodes

Graphite has something no other blockchain offers. It lets entry-point nodes earn 50% of transaction fees passing through their nodes, so literally anyone contributing to its operations can earn a share.

Transparent, Trust-Based Interactions

Graphite’s reputation-based system introduces a Trust Score, a measure of user credibility similar to a credit rating in TradFi. This approach enhances transparency while keeping user privacy within the network where interactions are built on trust.

Fair Fees, Fast Speed, and High Scalability

Powered by the PoA Polymer 2.0 Algorithm, Graphite keeps fees plain and as low as possible by minimizing computational and energy costs. The network processes up to 1,400 transactions per second with confirmation times under 10 seconds, delivering a perfect balance of speed, cost-efficiency, and reliability.

Security as a Top Priority

Graphite enforces a one user – one account policy to safeguard its network against fraud and scams. Additionally, it offers an optional KYC verification procedure with three tiers of off-chain checks powered by ZKP to ensure compliance while protecting user data. With transaction filters, users can choose to interact only with accounts that meet specific KYC levels, adding an extra layer of security.

Is This Your Chance to Get in Early?

The Graphite blockchain is secure, transparent, scalable, and cost-efficient, making it the go-to choice for developers and users alike. With its practical approach and early adoption potential, Graphite is a project worth watching.

For those looking to get in early, Graphite offers an opportunity to be part of a blockchain that’s designed for long-term growth and usability. Will it deliver 4,000X gains? Time will tell, but the foundation is strong.

This could be your shot at 4,000X profits — Don’t miss out!

XRP Loses Momentum Following 350% Surge 

XRP has experienced a slight decline recently, with its price ranging between $1.86 and $2.63. Over the past week, the price dropped by 6.20%, but it surged more than 50% in the last month and over 350% in six months. Technical indicators show that XRP is currently oversold, with an RSI below 25 and a stochastic value around 10. These signals suggest the price might rebound soon. If it moves upward, XRP could reach the nearest resistance level at $3.06, marking an increase of about 40% from current levels. However, if the downward trend continues, it might test the support level at $1.52.

Solana’s Price Nears Support Amid Signs of Potential Rebound

Solana (SOL) has recently traded between $160.72 and $214.47, showing a 1-week decline of -8.61% and a 1-month drop of -19.28%. The price is approaching the nearest support level at $141.08, which could act as a floor. Technical indicators like the Relative Strength Index at 31.31 and Stochastic at 10.21 suggest the coin is oversold, hinting at a possible upward movement. The 10-day and 100-day Simple Moving Averages are both near $190, indicating the current price is below these averages. If Solana rebounds, it may target the nearest resistance level at $248.58, representing a substantial increase from current levels.

Conclusion

XRP and Solana show limited short-term potential as the market shifts focus. Graphite Token (@G) emerges as a key player, powering the Graphite L1 blockchain designed to simplify crypto use. It delivers unmatched speed and rewards while tackling issues like high fees and network outages seen in older blockchains such as Ethereum and Solana. Graphite introduces fair transaction costs, a Trust Score system based on reputation, and a unique reward model where entry-point nodes receive 50% of transaction fees. Enhanced security comes from Polymer 2.0, along with optional KYC verification. Graphite sets new standards for reliability, offering early adopters a chance to engage with a project built for lasting utility and growth.


This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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