Cryptocurrency market analysts name the most profitable digital assets in October

Today, November 2, the total capitalization of the digital industry increased by 2.19% to $ 1.31 trillion. According to the analytical tracker CoinMarketCap, daily transactions with digital assets increased by more than 52% to $ 59.3 billion. The dominance of bitcoin BTC $56,555.25 Bitcoin -2.97% Market capitalization $1.12 trillion VOL. 24 hours $4.65 billion in the market remained unchanged at 52.8%. The share of ethereum ETH $2,984.03 Ethereum -5.05% Market capitalization $358.67 billion VOL. 24 hours $2.68 billion in the crypto industry dropped to 16.9%. Meanwhile, the Fear and Greed Index added 2 points and settled at an optimistic level for crypto investors — 74.

Summarizing the results of October, cryptocurrency experts highlighted the most profitable digital tokens from the top coin ranking. Thus, over the past 30 days, Injective (INJ), Solana (SOL), Mina (MINA), Chainlink (LINK), and Pepe (PEPE) have pleased their investors the most.

Injective’s (INJ) quotes rose by 78.25%, which was the best return over the past month. The cryptocurrency could be bought for an average of $ 13.89. The total supply of tokens circulating in the market reached $ 1.16 billion, which allowed the asset to rise to the 44th position in the top ranking. Daily transaction volumes amounted to $ 94.33 million.

In addition, Solana SOL $134.69 Solana -0.12% Market capitalization $62.34 billion VOL. 24 hours $1.04 billion , Mina (MINA), Chainlink LINK $12.36 Chainlink -5.34% Market capitalization $7.52 billion VOL. 24 hours $98.68 million , and Pepe (PEPE) showed excellent results. Thus, SOL grew by 64.4% over the month, MINA — by 44.7%, and PEPE — by 35.9%.

It is worth noting that VanEck analysts recently published a fresh forecast for the value of the Solana (SOL) cryptocurrency. Experts expect the digital asset’s quotes to grow by 10,000% by 2030.

VanEck’s report presents a wide range of scenarios for estimating the value of SOL by 2030. The asset’s price ranges from $ 9.81 to $ 3211.28 depending on various market factors and revenue estimates in key sectors. Currently, Solana is among the ten largest cryptocurrencies by market capitalization, having shown an impressive growth of more than 200% since the beginning of 2023. The total value of funds blocked in the ecosystem (TVL) is about $ 378 million.