Pay attention to these 3 Coins if You Want to Make Money in January: ADA, LINK, SOL

Bittime - Entering January 2025, several altcoin started to attract attention thanks to important developments and technical breakouts. Here are three promising cryptocurrencies to watch this month.

Here are 3 coins that have the potential to make money in January

1. Cardano (ADA)

Cardano shows significant growth potential as it expands its ecosystem, which focuses on innovation and sustainability. The ADA token price is trending upwards, indicating that market sentiment and strategic developments could be key factors in determining its direction in January 2025.

The recent annual member meeting on December 31, 2024 provided an update on Cardano's strategic vision and budget for 2025. Investors are optimistic about new partnerships, ecosystem improvements, and developments that could enhance Cardano's DeFi and NFT capabilities, potentially driving ADA's value higher .

Read too Cardano (ADA) Coin: Latest Developments, On-Chain Data, and Price Analysis

Cardano(ADA) Price Analysis: Can It Reach $1.40?

Cardano managed to break out of a long-standing bearish structure, signaling the start of a new bullish phase. Currently, ADA is in a significant horizontal zone after reaching the price of $1 (Rp. 16,200). 

ADA Price Prediction| TradingView/@Nikola Lazic

If the bullish momentum continues, ADA price could reach values ​​above $1.40 (Rp 22,680) seen in December, creating a new high.

Read too How to Buy Cardano (ADA)

2. Chainlink (LINK)

Chainlink remains a pillar of blockchain technology, connecting smart contracts with real-world data. The upcoming developments have fueled bullish sentiment, with LINK staking playing an important role in the 2025 roadmap.

The anticipated launch of Staking V2 on January 4, 2025 will introduce enhanced security and better reward mechanisms. This upgrade is expected to attract greater adoption among institutional and retail investors. The staking mechanism could also create a supply shortage, supporting LINK's upward price momentum.

Read too Cross-Chain Shiba Inu (SHIB) Will Expand with CCIP Chainlink

LINK Price Analysis: Can It Reach $40?

LINK may have completed its corrective phase on January 1, with a low of around $20 (Rp. 324,000), and is starting to gain momentum. We saw an increase to $23 (Rp. 372,600); The first attempt to break the descending trend line lies at the high of around $30 (Rp. 486,000). 

LINK Price Prediction | TradingView/@Nikola Lazic

If the breakout is confirmed, LINK could head to a new price above the previous level, approaching the value just below $40 (Rp. 648,000) in January.

Read too How to Buy Chainlink (LINK)

3. Solana (SOL)

Solana has shown tremendous growth, with an increase of 1,800% since 2023, driven by technological advances and the expansion of its ecosystem. SOL continues to attract attention as a scalable blockchain solution, and we expect further price appreciation in the new year.

The recent integration of ZK compression on the Solana layer-1 blockchain paves the way for transformative scalability. This innovation eliminates dependency on layer-2 solutions, enabling more cost-efficient application development and improving usability.

These advances position Solana as a leader in blockchain performance, which will likely attract continued market interest.

Read too Solana (SOL) Predicted To Make Cuan According To Crypto Analysts

SOL Price Analysis Can Reach $250?

SOL recently broke out of a symmetrical triangle pattern marking consolidation after a corrective phase. On January 3, SOL reached a high of $211 (Rp. 3,425,400) and is now interacting with key descending resistance. 

SOL Price Prediction| TradingView/@Nikola Lazic

If the uptrend continues and the price manages to break this descending trend line, SOL may move towards $250 (Rp. 4,050,000) or reach a new all-time high in January.

Read too How to Buy Solana (SOL)

Closing Thought

Taking into account the latest developments and technical analysis, these three coins—ADA, LINK, and SOL—offer interesting opportunities for investors looking to profit in January. Monitoring price movements and related news will be crucial to maximizing your investment potential.

FAQ

1. What makes Cardano (ADA) attractive for investment in January 2025?

Cardano is attracting attention due to the expansion of its ecosystem and growth potential driven by new partnerships and increased DeFi and NFT capabilities.

2. Why is Chainlink (LINK) considered a good investment today?

Chainlink has important developments, including the launch of Staking V2, which is expected to increase adoption and create a supply shortage, supporting the rising price of LINK.

3. What differentiates Solana (SOL) from other coins?

Solana offers high scalability and innovations such as ZK compression, which enable more efficient application development and increase its appeal in the blockchain market.

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Reference

Nikola Lazic, 3 Major Coins To Watch in January: ADA, SOL, LINK, Accessed January 6, 2025

Author: IN