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- Bitcoin reached new heights over one hundred K
- The crypto market doubled in a festive holiday display
- Tokens like Doge XRP Solana and HBAR
- Show promise in Twenty-Twenty-Five shining bright and far
Digital asset investors have certainly stayed on their best behavior over the past year. After all, the market as a whole has seen great improvements since the last visit of the red-cloaked old man and his reindeer.
Since the last Christmas in 2023, the global crypto market cap has grown by over 100%. Meanwhile, currencies like Bitcoin, Dogecoin, and XRP have boasted an impressive ascent. Bitcoin, the world’s largest currency surpassed $100,000 to its all-time high, while other tokens have reached their highest prices in a very long time.
Now, as Santa finishes his last chores and to the North Pole he drives—investors begin to wonder “What will be of the crypto market in 2025?” Unfortunately, the answer to this question is anyone’s guess. But the market is building up for an interesting year, with several tokens with a lot of potential to impress.
So here is a list of cryptocurrencies with a lot of hype for future times. Relax, for this next section, we promise we’ll stop with the rhymes.
Dogecoin (DOGE)
The first-ever dog currency has had its second-most-successful year in history in 2024. After reaching above $0.45 on December 1st—Dogecoin’s incredible 250% surge this year made the currency one of the most profitable assets to hold in that timeframe.
The bulk of this market favoritism in favor of Doge was inherited by Elon Musk’s successful endorsement of the Republican Party for this year’s U.S. Presidential election. Incredibly—Dogecoin became a major talking point over the last few months as Trump and Musk were in talks of creating a new unofficial government called Department of Government Efficiency, an acronym for D.O.G.E.
Moreover, there are also rumors that Elon Musk’s X social media platform could launch a new payment system. If somehow Doge becomes a part of that new platform, the utility given to the memecoin could be the driving force to a new ATH.
In counterpart, most of this growth is dependent on outside actors like Musk or Donald Trump. If things don’t go Doge’s way as these developments unfold, the memecoin could become more volatile in 2025.
XRP (XRP)
Easily one of the most talked about cryptocurrencies of the last quarter, XRP’s performance over the last few months has led the currency to become the most valuable digital asset by market capitalization, debunking industry giants like BNB, Solana, and USDT (at one point).
The reached its second-highest value ever at $2.71 on December 2, and currently trades at $2.30. Despite this correction, Ripple Labs’ altcoin is still up by a whopping 348% over the last 2 months, with a year-to-date growth of 273%.
Similar to Bitcoin, XRP also stands to gain a lot from the Government change happening in the United States in 2025. On top of the change in Presidency, one of the most relevant events to happen next year will be the departure of Gary Gensler as the SEC chair.
Once Gensler leaves, Paul Atkins is expected to take up the position. The latter is known for his overall pro-crypto stance and blockchain development support. When this happens, the XRP market is expected to see a lot of movement due to the anticipated regulatory changes.
Solana (SOL)
The layer-1 blockchain project has also had a more-than-stellar year in 2024. The altcoin has reached all-time high levels from November to December and has recorded major improvements to its network.
Solana Blockchain had major triumphs in this calendar year, outperforming even the Ethereum Blockchain in capital inflows and activity at times. The layer-1 was also responsible for the rise of some of the trendiest memecoins to appear in 2024.
Given the SOL token’s performance this year, and the expectations of a greater regulatory environment—many believe that the altcoin could continue to perform favorably in the next year.
Hedera Hashgraph (HBAR)
Hedera Hashgraph has been making waves with its high-speed transactions and low fees. HBAR’s circulating market cap saw impressive growth. The network experienced significant increases in key metrics such as average daily active addresses and DeFi TVL.
With the Hedera Council’s continued investment and new partnerships, HBAR could achieve substantial growth by the end of 2025. The unique hashgraph consensus algorithm and the network’s ability to handle high throughput transactions make HBAR a promising token to keep an eye on for 2025.
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