Solana (SOL) and Pandoshi (PAMBO) to Outperform Cardano (ADA) in 2024
There are a number of factors that will influence whether or not either Solana (SOL) or Pandoshi (PAMBO) will outperform Cardano (ADA) in 2024. First and foremost, the relative market capitalization and liquidity of each cryptocurrency will come into play. If SOL or PAMBO have a significantly larger market capitalization and liquidity than ADA, then the likelihood of either coin outperforming ADA in 2024 increases.
The development milestones and protocols associated with each coin will also influence this outcome. If either SOL or PAMBO are able to launch new applications and technologies that are not available on the Cardano network, then investors may be more drawn to them versus ADA. Additionally, the partnerships and integrations that SOL or PAMBO have with other projects and protocols may be a factor in determining which coin may outperform Cardano.
Finally, the overall market sentiment towards the cryptocurrency industry and each individual coin will be important for determining which coin might outperform Cardano in 2024. If both SOL or PAMBO are seeing strong adoption from investors, then there is a greater chance that either of these coins may outperform Cardano. However, if the overall sentiment is bearish, then none of these coins may be able to outpace Cardano in terms of performance.