In line with the suggestion of recovery raised by CNF, following Ethereum Struggles: 74% of ETH Supply in Loss, the cryptocurrency market shows signs of recovery in early April 2025. Investors are closely monitoring Ethereum’s competitors for potential high returns.
In this article, we dive deeper into four Ethereum rivals that could deliver 100x gains before April ends:
Dogecoin (DOGE): Poised for a Breakout?
Dogecoin has experienced a 1.77% rally over the past 24 hours and is now trading at $0.1713. This surge positions DOGE above key support levels, with focus now shifting toward the $0.20 resistance. Analysts suggest this movement could signal the beginning of a short-term bullish trend, reminiscent of previous rebounds following consolidation phases.
Ondo (ONDO): Gaining Momentum
Ondo has also shown a notable uptick, gaining 2.23% in the last day to reach $0.8087. Technical indicators, such as the TD Sequential, are flashing strong buy signals on the 12-hour chart, suggesting a potential shift in momentum favoring ONDO. This could indicate further upward movement in the near term.
Cardano (ADA): Steady Climb
Cardano is exhibiting a steady upward trend, with a 0.83% rise over the past 24 hours, bringing its price to $0.6727. Analysts believe ADA could experience stronger momentum, positioning it among the top tokens that might transform a $1,000 investment into $100,000 before April concludes. The early April market dynamics suggest a burgeoning interest in Ethereum’s rivals, with several altcoins demonstrating potential for significant gains. Investors should conduct thorough research and exercise caution, as the cryptocurrency market remains volatile.
Solana (SOL): Eyeing the $200 Mark
Unlike the other three mentioned above, Solana has rebounded sharply, despite recording a 1.1% decrease in the past day and a 12.18% decline over the past week, trading now at $124.67. If bullish momentum persists, SOL could challenge the $200 threshold before the month’s end. Additionally, following a recent Economic Times analysis, it was revealed that Solaxy’s planned multichain bridge is designed to connect Solana with Ethereum. If successful, this bridge will pave the path for smooth asset transfers between the two networks, enhancing interoperability. The broader market’s recovery supports this optimistic outlook, with increased trading volumes and open interest indicating sustained trader engagement.
At the time of writing, Ethereum (ETH) is trading at approximately $1,877.25, having surged 2.32% in the past day, but down 8.30% in the past week. See ETH price chart below.