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The best cryptocurrencies to invest in in October, with expected returns exceeding 100% – SOL, XRP, TON

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a day ago
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The cryptocurrency community is gearing up for a potential rally in October, also known as Uptober, known for its bullish price action. Analysts predict that the following Altcoin– Solana (SOL), Ripple (XRP), and IntelMarkets – will surge this month.

Solana (SOL) and Ripple (XRP) prices could surge to $200 and $0.7343 in the coming weeks, while IntelMarkets price is also expected to surge sharply. Analysts say IntelMarkets price could surge by 200% in the coming months.

Virtune Launches Solana (SOL) ETP Product

Swiss digital asset management company Virtune has announced that it will launch the Virtune Staked Solana (SOL) exchange-traded product on Euronext Amsterdam. This ETP tracks the price of Solana (SOL) for investors and generates additional staking income for the trading product. The ETP has an annual management fee of 0.95% and represents Virtune's continued expansion in the cryptocurrency investment field. In addition, the price of Solana has shown a significant recovery in the past week, surging above the 50-SMA ($141.84) and 200-SMA ($146.39). A few months ago, the Solana cryptocurrency tested the $120 support level. Currently, the market has regained positive momentum and the value of the cryptocurrency is rising. If this upward trend continues, analysts expect the Solana token price to break the $200 mark in October.

XRP

Despite trading sideways over the past few weeks, Ripple (XRP) continues to attract attention from big investors. The latest data from CryptoWuant shows that more than 252 million XRP were withdrawn from cryptocurrency exchanges on September 23. This massive withdrawal indicates a reduction in investor bullish sentiment and selling pressure. Analysts believe that the withdrawal of XRP from exchanges could lead to bullish momentum in the coming weeks. Currently, the price of XRP is consolidating above the 50-SMA ($0.567861) and 200-SMA ($0.550068), which is a bullish sign. They say that the XRP price (USD) could see an uptick in October and surge to a peak of $0.7343. However, any bearish price action would invalidate this prediction and the DeFi token could fall below the 50-SMA.

Toncoin Overview and Future Price Predictions

Toncoin (TON) is a cryptocurrency pegged to The Open Network (TON), a decentralized blockchain originally created by Telegram. The TON Foundation continues to operate the network after Telegram ceased involvement due to a court order. It uses a proof-of-stake model to support secure, efficient, and low-fee transactions. The network aims to provide a variety of decentralized services. Toncoin price predictions show a possible increase in the coming years. In 2025, the price could be between $6.45 and $30.30, while by 2030, the price could be between $16.06 and $26.04. These predictions are based on past price trends and Bitcoin's market cycles.

Summarize

Based on the current cryptocurrency market sentiment, the best coins to invest in right now are Solana (SOL), Ripple (XRP), and IntelMarkets. All three of these coins are currently the best performing coins in the market and are likely to bring more gains to holders in the coming month.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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