Here’s Why Ethereum, Toncoin, and SpacePay (SPY) Could Send Crypto Prices Soaring in 2024 and 2025

The cryptocurrency market is of course volatile, but investors are always looking for coins that could increase in value before the end of 2024 and into 2025.

Here are three pieces we found:

Ethereum

Ethereum exchange-traded funds (ETFs) are expected to increase ETH’s availability to large investors, propelling its price to new highs. Much like Bitcoin did after the launch of BTC ETFs.

Bitwise Matt Hougan believes that Ethereum’s price could rise to over $5,000. He said that ETH has a low inflation rate due to its token burning strategy. This helps maintain its supply and demand.

He also explained that Ethereum’s limited supply is a big factor in its potential to grow in value. Much of all Ethereum is locked up in staking and DeFi protocols, so there isn’t as much currency available to trade.

Hougan believes that if factors pan out, Ethereum ETPs could see an inflow of $15 billion over the next 18 months, creating a favorable environment for the coin’s price to skyrocket.

Toncoin (TON)

The integration with Telegram has been a key factor in Toncoin’s growth. This integration gave it rapid visibility, which allowed it to quickly amass a large number of active users.

THE TON Foundation has taken big steps to strengthen its TON token and ecosystem. They are setting aside 11 million TON to increase the amount of USDT on their network, which will help increase the liquidity pool and promote usage.

Recent data has also shown TON’s steady growth after revealing that it is processing more daily transactions than Ethereum. The statistics revealed that TON recorded 4.9 million transactions on July 17, while ETH had 1.2 million, which is a positive sign for the coin’s future performance.

SpacePay (SPY)

The particularities of SpacePay and the problem it solves makes its SPY token receive a lot of attention from the crypto community. The crypto platform is working to improve crypto payments and make the digital currency useful for everyday purchases.

SpacePay’s new payment system combines traditional payment systems with blockchain technology. It works with existing payment terminals, allowing businesses to accept cryptocurrencies without changing their entire system.

This makes it much easier and more attractive for businesses to start accepting crypto payments.

This platform supports many digital wallets, which makes it useful for many users. SpacePay also ensures that transactions take place immediately, which solves merchants’ problems with crypto. Moreover, the crypto project protects users from sudden changes in cryptocurrency prices, so merchants get the agreed amount no matter what.

The SPY token has features that encourage people to use the platform for a long time and help the platform grow. There is a loyalty rewards program that offers monthly airdrops to active users.

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SpacePay allows token holders to vote on decisions, giving users a say in the development of the platform. This could lead to the addition of new features that would drive greater adoption in the space.

SPY holders will also benefit from the revenue sharing model and early access to new platform features, giving them more reasons to be more active on the platform.

SpacePay’s approach to providing solutions to cryptocurrencies, by addressing the issues that have prevented many people from using cryptocurrencies for everyday purchases, puts SPY in a good position to peak in 2024 and 2025.

The SPY token is still in the pre-sale stageallowing investors to benefit from the project’s growth from the start. should experience a strong increase upon listing, which will be an additional advantage.

SpacePay provides solutions to crypto’s problems, which could help it receive greater adoption and a higher price increase than other more established options.

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