The cryptocurrency market has faced increased volatility due to escalating geopolitical tensions between Ukraine and Russia, leaving investors navigating significant uncertainty.
Despite the broader market downturn, Bitcoin (BTC) has reached new highs, while many other cryptocurrencies and crypto-related stocks have struggled to maintain momentum.
In this context, Finbold has highlighted two cryptocurrencies, Starknet (STRK) and JasmyCoin (JASMY), as poised for substantial growth. Both assets are on the brink of surpassing the $1 billion market cap, attracting significant attention for their potential to secure large capital inflows.
Starknet is nearing a $1 billion market cap, currently valued at $950 million—just 2.8% short of the milestone. This growth is fueled by advancements in scalability, including a projected fourfold increase in transaction speeds to over 1,000 transactions per second (TPS), positioning Starknet as a strong competitor to high-performance blockchains like Solana.
With ultra-low transaction fees averaging $0.002, Starknet offers a compelling solution for developers and users, driving its adoption. As a leading Ethereum Layer 2 scaling solution, its enhanced efficiency and performance make it well-positioned to cross the $1 billion threshold by the year’s end.
JasmyCoin, currently trading at $0.02017 with a market cap of $996 million, requires only a 0.31% increase to reach the $1 billion mark.
Both cryptocurrencies are gaining traction in the market, reflecting growing confidence in their respective ecosystems and potential for significant future growth.