CNBC's Ran Neuner Reveals His Latest Crypto Picks

According to U.Today, CNBC's Ran Neuner recently shared his latest cryptocurrency picks, which include Solana, Arweave, and TON. Neuner has likely chosen Solana due to its significant potential in the DeFi sector and its substantial meme scene, which adds cultural leverage to its technical progress. Solana is known for its fast and cost-effective operations, making it a suitable choice for building scalable applications, particularly when the network remains online. Arweave is another of Neuner's picks. It is a decentralized storage network that aims to offer perpetual data storage. Describing itself as a 'collectively owned hard drive that never forgets,' Arweave supports the permaweb, a permanent web that enables the creation of decentralized applications. This technology ensures that data remains accessible regardless of the original host’s status and supports data integrity over time, a crucial feature in the current digital age. Neuner’s interest in TON is likely driven by its integration with Telegram, one of the world's largest messaging platforms. TON is deeply integrated into Telegram's fabric through various features such as a native wallet, trading bots, and other integrated services, making it a strong pick with one of the largest ecosystems supporting it. While Neuner favors SOL, AR, and TON, he notes contrasting preferences among Crypto Twitter users, such as HBAR, ADA, and XRP. The underwhelming performance of XRP, which has a -12% growth rate in what should be a bullish market, can be viewed negatively. Despite ADA’s strong fundamentals and positive performance in 2024, it is less favored in his portfolio. Neuner has not disclosed the reason for this, which has attracted criticism from ADA defenders in the comments.