3 Altcoins That Are Poised to Explode in January 2025

The cryptocurrency market rode a wave of optimism for much of 2024. As a result, investors are poised to start 2025 with considerable momentum.

Crypto expert Aneena Alex has shared her top picks for altcoins to watch in January 2025. According to the expert, these coins have the potential to make significant strides in the coming year. Here's a closer look at each coin:

1. Solana (SOL Coin):

Solana’s rapid acceptance in global markets has made it the top cryptocurrency to watch this year. Brazil approved the spot Solana ETF. In addition, eight Solana-based exchange-traded products (ETPs) have begun actively trading in Europe. These also highlight its institutional appeal. Expectations are that this momentum will spread to the US market. Several leading investment firms have already filed applications for spot Solana ETFs with the US SEC.

Solana’s strong developer ecosystem is another factor that increases its attractiveness. According to Electric Capital, for the first time since 2016, Solana surpassed Ethereum in new developer growth in 2024, up 83 per cent year-on-year. A total of 7,625 new developers joined Solana’s ecosystem, compared to 6,456 for Ethereum. Solana (SOL Coin) briefly surpassed Ethereum in daily network activity multiple times in 2024. With growing institutional interest and a strong developer community driving innovation, SOL Coin is positioned to make significant strides in the coming year.

2. Ripple (XRP Coin):

XRP has been on the rise thanks to several key developments that have boosted confidence in its ecosystem. In December 2024, Ripple’s stablecoin, RLUSD, received final regulatory approval. In addition to optimism, the re-election of Donald Trump injected new energy into the cryptocurrency market. Thus, XRP emerged as one of the biggest beneficiaries. At the centre of this confidence is Trump’s nomination of pro-crypto Paul Atkins as the new SEC Chairman. A move that is expected to provide long-awaited regulatory clarity for Ripple Labs, whose legal battle with the SEC has loomed over XRP since 2020.

Amid these developments, major exchanges such as Robinhood reopened their doors to XRP. Following Trump’s election victory, the price of XRP rose from $0.50 to $2.50 in November. Looking ahead, XRP’s prospects continue to strengthen. The potential approval of a spot ETF, supported by applications from asset managers such as WisdomTree and Bitwise, could attract significant institutional investment in 2025. Combined with its historical resilience, strong partnerships and revitalised regulatory environment, XRP is well positioned for significant growth. This makes it a top pick for the year ahead.

3. Sui (SUI Coin):

Sui became the fastest growing Layer 2024 Blockchain in 1, surpassing even Bitcoin in 2023. Since its launch in 2023 May, Sui has reached a market capitalisation of $13 billion. With this performance, it stood out as a potential ‘Solana killer’. Sui’s rapid adoption can be woven from its total locked value (TVL), which has risen to $1.84 billion. This is a clear indication of its appeal in DeFi. Meanwhile, daily DEX activity also hit a record high of $466 million in December.

A key catalyst for Sui in 2025 is that it will launch SuiPlay0X1. This will potentially provide a pathway to mainstream adoption. It will also strengthen Sui’s leading position in the gaming space. Moreover, it will attract more users to its ecosystem. Sui’s growth trajectory is also supported by strategic partnerships. As you follow from Kriptokoin.com, in November 2024, it collaborated with Franklin Templeton. It also partnered with Babylon Labs, Lombard and Cubist to integrate Bitcoin liquidity, unlocking programmable Bitcoin capabilities in its ecosystem. As its fundamentals strengthen and its market utility expands, Sui is poised to cement its reputation as one of the promising assets in 2025.

The opinions and forecasts in the article are those of the expert and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.