Cryptocurrency owners name the most promising token in the world — it’s not bitcoin

CoinShares analysts conducted a survey among crypto fund managers. According to the results, 45% of participants consider Ethereum ETH $2,432.72 Bridged Ether (StarkGate) 0.62% Market capitalization $0.19 billion VOL. 24 hours $0.23 billion to be the most promising digital asset.

The first cryptocurrency by capitalization, Bitcoin BTC $62,303.93 Bitcoin 0.17% Market capitalization $1.23 trillion VOL. 24 hours $0.44 billion , took second place, with only 39% of respondents believing that BTC has the greatest growth potential. Another 6% preferred Solana SOL $144.69 Solana 0.99% Market capitalization $67.8 billion VOL. 24 hours $0.16 billion , and 5% of investors see no prospects in any of the virtual assets.

At the same time, experts noted that such sentiments contradict the latest CoinShares report on the movement of valuable assets. Thus, over the past month, the net outflow of investments from ETH funds amounted to more than $ 10 million.

According to the survey, fund managers most often invest in bitcoin — about 30%. This is followed by ETH, which is chosen by slightly less than 25% of respondents.

15% of respondents prefer to diversify portfolios and invest in different assets. A significant portion also favored Polkadot (DOT), Cardano ADA $0.35 Cardano -0.74% Market capitalization $12.52 billion VOL. 24 hours $10.57 million and Ripple XRP $0.53 XRP -0.11% Market capitalization $30.1 billion VOL. 24 hours $44.7 million .

Analysts noted that XPR has been showing positive dynamics lately. Especially amid the news that the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against the crypto platform.

Among the reasons for investing in cryptocurrencies, investors highlighted the active growth of blockchain technology and speculation. Many respondents also believe that cryptocurrencies can be considered valuable assets.