Top 3 Coins Poised for Growth in 2024 and Beyond: SpacePay (SPY), Solana (SOL), and Kaspa (KAS)

Rough times for crypto traders in the past few months, without a doubt. Bitcoin was showing a weak outlook as the coin lost $60,000 support multiple times. However, the market has recovered considerably from two big crashes in July and August. 

As the prices of all major cryptocurrencies prove to be volatile, the next question in the minds of investors is: which coin can pump in 2024? When it comes to utility, several coins are doing their part in providing top notch products and services. We will explore three coins that are poised for a notable surge in 2024.

SpacePay (SPY)

First on the list is SpacePay , with its vision of changing the crypto payment landscape. The project has launched a software solution with the goal of cutting out the gap between traditional finance and Blockchain technology.

The primary vision of SpacePay is to combat key issues like lack of usability and accessibility for everyday transactions in the crypto space. SpacePay offers numerous benefits for both merchants and users.

SpacePay was launched with the vision to address several challenges, like the lack of widespread adoption, high costs, etc. Due to volatility and complexity, users and merchants are unable to use crypto for day-to-day transactions.

SpacePay provides its users with the possibility to connect to over 325 wallets. This allows users to use any of the popular wallet providers, like MetaMask, Trust Wallet, Coinbase Wallet, Ledger Nano S and others. Users will be able to pay for their groceries, food or any other purchases by just scanning a QR code.

Users can also use the SpacePay features free of charge, as they are not charged any fees for using the app. Merchants, on the other hand, enjoy better features like instant settlement, zero waiting times and volatility protection.

The crypto received is converted to the merchant’s native currency immediately, which nullifies the issue of volatility. The project’s native token, SPY, is currently priced at $0.00176 and can be purchased using ETH, USDC, USDT or a card.

The ongoing presale has raisedover  $380,000 since its beginning and can be accessed from their website using Wallet Connect, Best Wallet or Coinbase Wallet.

Solana (SOL)

Next on the list of potential coins that could pump in 2024 is Solana (SOL). Solana is the fifth largest cryptocurrency by market cap. The coin has a market cap of over $66.5 billion, as per CoinMarketCap data.

Even though the idea of Solana came up in 2017, it was officially launched in March 2020 by the Solana Foundation. Solana is known for its ability to process transactions quickly. The blockchain’s hybrid protocol allows for decreased validation times for both transaction and smart contract execution.

Solana pumped from a low of $17 last year to as high as $209 in 2024. This by itself is an indication of the coin’s potential to pump. Moreover, the rise of meme coins built on Solana has also helped in pumping the price of SOL.

One of the other key reasons for the anticipation of a price surge for SOL is the potential approval of a Solana ETF in the US. As the SEC has approved Bitcoin and Ethereum ETFs in the country, analysts are expecting Solana to be the next.

In one of the key recent developments, Brazil approved the second Solana ETF in the country. This means that a similar event in the US can help pump up the price of SOL steadily over time.

Kaspa (KAS)

Kaspa (KAS) is the 23rd largest cryptocurrency by market cap. KAS has been gaining attention over the past year for its blockchain capabilities. The blockchain operates on a proof-of-work consensus, like Bitcoin.

Kaspa blockchain has several features, like block data pruning, SPV proofs, later subnetwork support, etc. KAS coin has shown remarkable price performance since last year. As per CMC data, KAS is up from a low of $0.03224 last year and pumped as high as $0.2075.

The network’s capabilities haven’t gone unnoticed. As more and more users learn about Kaspa and its capabilities, KAS could potentially surge in value. This notable performance by KAS comes despite not being listed on major exchanges like Coinbase and Binance.

If any of these coins plan to list KAS, it could push KAS higher from its current market cap of $4 billion.

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