As competition in the cryptocurrency sector intensifies, many cryptocurrency projects are seeking strong catalysts, including broader adoption by institutions, to enhance their value. This trend is led by: Solana (#solana ), Ripple #Xrp🔥🔥 , Stellar (#XLM ) and Cardano (#ADA $), which not only benefit from their use cases but also attract significant interest from traditional financial institutions.
Recent filings indicate that Nasdaq has added $SOL , $XRP , $ADA and XLM to its benchmark index "U.S. Cryptocurrency Settlement Price Index" (NCIUS). Nasdaq's decision represents a strong boost for these cryptocurrencies, as it enhances the confidence of institutions and individual investors looking for the best cryptocurrencies to buy now.
However, severe market fluctuations persist, and there are questions about whether this catalyst is a long-term play or if another cryptocurrency in the presale stage might end up being a better investment proposal.
