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Cryptocurrency News Articles

Top Altcoins Tipped to Do Well in 2025 As Bitcoin Hits $100k

Dec 13, 2024 at 08:00 pm

The entire cryptocurrency market has seen a resurgence following Donald Trump's victory this November. Bitcoin continues leading the way

Top Altcoins Tipped to Do Well in 2025 As Bitcoin Hits $100k

The cryptocurrency market has seen a massive resurgence following Donald Trump’s victory this November. Bitcoin continues leading the way, having already crossed the long-awaited $100,000 mark. The altcoin market is not being left behind, with a few tokens outperforming their all-time highs (ATH). Here are some of the major altcoins that are tipped to do well in 2025.

Ethereum

Ethereum is the second-largest cryptocurrency by market capitalization and is at the heart of the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems. Its network continues to grow, and the switch to Ethereum 2.0 (a proof-of-stake blockchain) has reduced energy usage and increased scalability.

Ethereum is on a roll and is expected to hit major price milestones by early 2025. The token is advancing into a three-year “cup and handle” formation, a bullish chart that could give us a 97% jump. Ether has already passed the $3,800 level for the pattern to stick, and potential targets are $5,349, $6,457, and $7,238 by Q1 2025.

Ethereum is also popular among whale investors. The major holders have accumulated over 280,000 ETH in the past four days, amounting to about $1 billion. Additionally, the on-exchange supply ratio of Ether has fallen to its lowest level since 2016, indicating sustained long-term holdings.

Solana

Although Ethereum still remains the king of decentralized applications (Dapps), Solana’s features make it a strong contender. Its low transaction fees and unique infrastructure make it a promising blockchain platform.

Solana appears to be the main blockchain powering the meme coin bull run. The rationale behind Solana’s potential growth is simple. Its native token, SOL, is in high demand among traders seeking massive returns from meme coins.

Currently trading at $238, it has surged over 100% from its August lows. Analysts predict that if the current demand continues, SOL could reach $500, representing a potential 150% increase.

The total market capitalization of Solana-based meme coins has surpassed $20 billion, with daily trading volumes exceeding $10 billion.

Dogecoin

DOGE has risen more than 75% in the last 20 days, reflecting the overall bullish crypto sentiment. At the time of this writing, DOGE is trading at $0.44 — just a little short of its ATH of $0.7376 in May 2021. Since bulls expect this cycle’s heights to surpass 2021 easily, it seems likely that DOGE will double its ATH and reach its awaited $1 mark.

DOGE will ultimately dictate the heights of the meme coin market when President Trump creates the Department of Government Efficiency (DOGE). The support from the richest man on Earth, Elon Musk, will also contribute to this anticipated run.

Cardano

Cardano has a good thing going on with the development team, which is always looking for new ways to improve the network over time. The basic features of Cardano, such as its layered structure and proof-of-stake, make it scalable and energy-efficient. Another innovation, called the Hydra scaling solution, has been launched recently to make ADA respond to growing demand without losing speed or incurring additional fees.

ADA currently trades at $1.07 and is expected to trade somewhere between $1.87 and $5.37 in 2025. Cardano has seen a 109% price increase since Gensler hinted at his exit and its co-founder announced his support for Trump’s next administration.

Another reason for the bullish speculation around ADA is the platform’s expansion into DeFi. Since launching smart contracts with the Alonzo upgrade, Cardano has become accessible for a number of decentralized uses. The more developers and users are involved with its ecosystem, the higher the demand for ADA tokens.

Cardano constantly pursues alliances with institutions and states, especially in Africa. Most analysts feel the platform’s continual development and field usage will drive its price to new heights.

Ripple

Four years ago, the US Securities and Exchange Commission launched its case against Ripple, accusing the company and two senior executives of illegally receiving $1.3 billion by selling XRP tokens as unregistered securities. Since then, the case has had numerous ups and downs, with the majority going well for Ripple.

Earlier this summer, a US judge closed the case and ordered Ripple to pay $125 million. However, SEC Chair Gary Gensler appealed the verdict to prolong the litigation. Donald Trump’s presidential election victory on November 5 may have changed Ripple’s fortune as he looks to remove Gensler from his position. Anticipating this, Gensler preemptively

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