Analyst names 4 cryptocurrencies with great potential in the near future

Trader and analyst Austin Arnold said on the Altcoin Daily YouTube channel that the most promising crypto assets are Avalanche (AVAX), Chainlink (LINK),
Cardano (ADA), and Litecoin (LTC).

Arnold called the decentralized open-source blockchain Avalanche one of the best competitors to Ethereum: «Ethereum tries to focus on maximum decentralization, while Avalanche aims to achieve the highest scalability and the largest number of users with the lowest fees.»

Another strong competitor to Ethereum, according to Austin, is Cardano (ADA), which showed perhaps the fastest growth among altcoins over the past day, with a 29% increase.