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Solana (SOL), Cardano (ADA), and Ethereum (ETH) are all blockchain networks that have smart contracts and tackle blockchain scaling.
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Each project aims to solve scaling issues and aims to heighten its dApp ecosystem.
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All of these tokens have the potential for growth.
Solana (SOL), Cardano (ADA), and Ethereum (ETH) are all solid blockchain projects which are competing against each other in terms of functionality.
We will be going over if each token is worth buying on February 3, 2022.
Should you buy Solana (SOL)?
On February 3, 2022, Solana (SOL) had a value of $94.89.
The all-time high value of the Solana (SOL) token was on November 6, 2021, when the token reached a value of $259.96.
This means that at its ATH value, the SOL token was $165.07 higher in value or by 173%.
In terms of the performance in January, Solana (SOL) saw its highest value point on January 2, when it reached a value of $178.74.
Its lowest point, however, was on January 24, when it decreased in value to $82.5.
This means that the token decreased in value by $96.24 or by 53%.
However, from January 24 to February 3, the SOL token saw an increase in value of $12.39 or by 15%.
With that in mind, SOL is a solid buy as it can reach $110 by the end of March 2022.
Should you buy Cardano (ADA)?
On February 3, 2022, Cardano (ADA) had a value of $1.0215.
The all-time high value of the Cardano (ADA) token was on September 2, 2021, when the token reached a value of $3.09. This made the token $2.0685 higher in value at its ATH point, or by 202%.
In terms of the performance in January, Cardano (ADA) saw its highest point of value on January 18, when it reached a value of $1.6245.
Its lowest point of value, however, was on January 24, when the token decreased in value to $0.9668.
This is a decrease in value of $0.6577 or by 40%.
However, from January 24 to February 3, the ADA token increased in value by $0.0547 or by 5%.
With this in mind, ADA can reach $1.5 by the end of March 2022, making it a solid token to buy.
Should you buy Ethereum (ETH)?
On February 3, 2022, Ethereum (ETH) had a value of $2,595.76.
The all-time high value of the Ethereum (ETH) token was on November 10, 2021, when the token reached a value of $4,878.26. This means that the token was $2,282.5 higher in value at its ATH or by 88%.
In terms of the performance in January, Ethereum’s highest point of value was on January 4, when the token increased in value to $3,874.34.
Its lowest point of value, however, was on January 24, when the token decreased to $2,199.92. This marked a decrease in value of $1,674.42 or 43%.
However, from January 24 to February 3, ETH increased in value by $395.84 or by 18%.
With this in mind, ETH can reach $2,750 by the end of March 2022, making it a solid buy.
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Tagged: Analysis, crypto blog, Crypto news