Solana, Tron, Ethena: Altcoin Trio Ready for Potential Gains

Solana is a high-speed blockchain with growing adoption and potential rebound toward $175 short term.

TRON is a utility-rich platform nearing past highs with steady growth in DeFi and stablecoins.

Ethena is an institutional-backed token targeting $0.63 to $0.80 with strong project momentum.

Promising cryptos stand out for their market performance, network strength, and future growth potential. Solana, TRON, and Ethena currently offer a mix of strong fundamentals and favorable price action. Every project has its different goals, but they all have the same part in common- they have active development, and growing usage. So whether you're intending to build a portfolio of short-term gains or long-term value, these three tokens are worth keeping an eye on.

Solana (SOL)

Source: Trading View

Solana Network is still dominating the high-speed, low-cost blockchain transaction space. The network has received a lot of admiration from developers and users due to its ability to provide processing large amounts of transactions without slowing down. A recent integration of Solana into MetaMask through Transak brings the ability to purchase SOL directly from fiat access. This will aid retail buyers' entry into the Solana ecosystem and potentially drive adoption. In terms of price, SOL has recently risen to above $200 before falling back down to below $180 with a recent market cooldown. It is important to keep support above $154, as technical analysis suggests it will be the entry point for buyers. If buyers surface, analysts believe SOL is in for a short term move towards the $175 level. Longer term estimates indicate a much higher valuation for SOL assuming the support holds, projections from $325-$400 in a couple of years.

TRON (TRX)

Source: Trading View

TRON has established itself as a viable platform for decentralized applications, with particular strengths in gaming and multimedia. TRX is trading around $0.31 - $0.33, just shy of its December 2024 high of $0.4313. Given TRX's proximity to a record level, investor interest is evidently elevated. Near-term price targets suggest modest continued trajectory toward $0.33 by late July. On the other hand, TRX provides evidence to suggest that the pricing could continue to move forward at a monthly rate of 5%, if the recent momentum continues. Expanding DeFi activity and stablecoin issuance further enhance TRON’s credibility in the altcoin space. Looking further ahead, projections range from $0.40 to $0.45 by 2026.

Ethena (ENA)

Source: Trading View

Ethena’s ENA token has captured attention with strategic moves and institutional support. Trading around $0.55 to $0.57, ENA recently announced a $1.5 billion USDtb stablecoin project. A $260 million token buyback program has also added upward pressure. Whale interest, including Arthur Hayes’ purchase of over $1 million in ENA, has fueled momentum. The short-term projections are for $0.63, with potential for $0.80 if support holds at $0.50. In the long-term scenarios could vary from a low of $0.33 to more than $1 in bullish case scenarios. ENA is clearly positioned to unlock further value with solid drivers of demand and observable confidence in the market.

Solana benefits from speed, adoption, and expanding retail access. TRON offers solid utility in gaming, DeFi, and stablecoin issuance. Ethena combines institutional interest with major project launches and strong market backing. Together, these three altcoins offer traders and investors compelling opportunities before the next potential market rally.