According to experts, the top ten crypto tokens will increase in price

In the midst of the highly anticipated cryptocurrency market rallies this year, cryptocurrency YouTube

the Altcoin Daily channel, in a recent video, highlighted the top ten tokens they are bullish on. The analysis listed ETH, XRP, FTM, UNI, and MKR as part of the tokens.

Ethereum (ETH)

As noted in the video, the final maturity of seven Ethereum Exchange Traded Funds (ETFs) is expected in the next four months, as determined by the United States Security and Exchange Commission (SEC). Furthermore, the EIP 4844 update for the largest altcoin is also expected this year, which will reduce the fees paid on the network.

XRP (XRP)

With the growing ETF debate, XRP is expected to be one of the biggest beneficiaries. According to the video, there is a good chance of an XRP ETF given the legal clarity the token provided last year.

Fantom (FTM)

Fantom is a top ten pick driven by notable developments in the network. Analysis shows that Fantom recently reduced staking requirements by 90% in an effort to increase security.

Uniswap (UNI)

Altcoin Daily analysis highlighted that Uniswap has another innovation on the way, which could spur a price boom. As noted in the video, the network has allocated $300,000 towards the development of V4 with a $150 million token launch.

MakerDAO (MKR)

The Ethereum-based Maker project generated fourth-quarter revenue of $70 million. According to the video, revenue has shown considerable growth on the platform and could inspire future rallies.

Ivy (HBAR)

Altcoin Daily highlighted the $408 million recently approved by the Hedera network for the growth of the ecosystem as a catalyst. The money will also go towards enabling decentralized governance of the network.

Polygon (MATIC)

With Polygon 2.0 around the corner, Altcoin Daily said the change could increase price appreciation. The token built to be a multichain token is expected to revolutionize staking and reward earnings on the network.

Cardan (ADA)

Cardano is expected to grow as it advances its ecosystem. According to the video, the developers are optimistic about Cardano considering its transition from a search blockchain to a full blockchain with TVL.

Injective (INJ)

INJ’s positive performance is expected to continue as the network’s growth skyrockets. As noted in the video, the number of users banking on INJ is increasing exponentially.

Referee (ARB)

With over 100,000+ additional ETH linked to Arbitrum One and over 1.4 million ETH expected to flow, Altcoin Daily expressed its optimism about the long-term potential of ARB.

Tron (TRX)

Tron is currently seeing strong performance in its decentralized finance (DeFi) ecosystem. TVL in the Tron ecosystem has increased to over 76 billion TRX worth approximately $8 billion as of December 2023.