Bitcoin Hits $109K, Altcoins Onyxcoin (XCN), Stacks (STX), and Ondo (ONDO) Positioned for Massive Gains in 2025

The cryptocurrency market is experiencing another explosive rally, with Bitcoin (BTC) surpassing the $109,000 mark to set a new all-time high and fueling optimism across the sector.

The cryptocurrency market is surging again, with Bitcoin (BTC) hitting a new all-time high of $109,000 and sparking optimism across the sector. As Bitcoin continues to strengthen, traders and analysts are now turning their attention to altcoins that have outperformed the market. Among them, Onyxcoin (XCN), Stacks (STX), and Ondo (ONDO) stand out as top contenders for massive gains in 2025.

These three altcoins have demonstrated impressive growth recently, riding the wave of Bitcoin’s bullish momentum. But will they continue their upward trajectory? Let’s dive into their potential and look at why they might be the best cryptocurrencies to add to your portfolio in 2025.

Bitcoin’s Journey to $109K: What’s Driving the Surge?

Bitcoin hit $109,000 and then pulled back to $102,600 as sentiment cooled. This follows a big rally driven by institutional Spot ETF flows, softening regulations under President Trump, and bullish chart technicals.

Bitcoin is at $105,176, up 3% in 24 hours. It traded between $101,427.85 and $105,303.91 in the last 24 hours. Institutions are still accumulating, MicroStrategy alone added over 24,000 BTC in January.

Bitcoin hit $109,300 when Donald Trump was inaugurated as the 47th US president in January. His administration’s plans for a National Bitcoin Reserve sparked excitement across the markets and Bitcoin went on to new all-time highs. But that excitement faded and Bitcoin retraced.

Meanwhile, XRP’s market cap increased 51% after regulatory approval for Ripple Labs’ stablecoin RLUSD. Ripple’s partnership with Ondo Finance to issue tokenized US Treasury securities on the XRP Ledger added to the growing market confidence in XRP.

Bitcoin is back above $105,500, and traders are watching the $105,000 level. A break above that could take it to $107,000 and $108,800. Support levels are $103,200, $102,000, and $101,200.

BTC/USD daily chart. Source: Trading View

Onyxcoin (XCN): Can it 20X Again?

One of the biggest surprises in the crypto market was Onyxcoin (XCN) which went from $0.002 to $0.04 in a few months. That’s 20x. Now Onyxcoin is in the spotlight as one of the top altcoins for 2025.

Onyxcoin (XCN) weekly price action: Brave New Coin

The Ethereum Layer-2 solution is focused on enterprise blockchain adoption, providing companies with financial solutions.

Trading at $0.03063, Onyxcoin is up 1,161% in the last 30 days. Demand has been driven by partnerships with HTX Global and blockchain infrastructure platform Chain. The dispute with Tron’s founder Justin Sun was resolved, and that added to the market’s confidence.

Onyxcoin has also seen a 300% increase in trading volume, it’s now in the top 100 by market cap. Analysts say strong community and OIP-51 proposals are supporting the positive sentiment.

Onyx DAO announced the Onyx XCN Ledger, a new blockchain to improve scalability, security, and efficiency.

Also, the recent token burn proposal discussion in the community will impact supply and add to the bullishness of Onyxcoin. As institutional and retail interest in Layer-2 solutions grows, Onyxcoin’s expansion and enterprise adoption will be key to its price.

Stacks (STX): Potential Breakout Toward $2.50 and Beyond

Stacks (STX) has been one of the most promising projects within the Bitcoin Layer-2 ecosystem, enabling smart contracts and DeFi applications on Bitcoin. With BTC surging past $109K, interest in Bitcoin’s layer-2 projects is growing, positioning Stacks as a prime beneficiary.

Stacks (STX) remains a key player in the Bitcoin Layer-2 ecosystem, enabling smart contracts and decentralized applications while leveraging Bitcoin’s security. As Bitcoin surpasses $109K, investor interest in Bitcoin’s Layer-2 solutions has surged, positioning STX for a potential breakout.

STX is currently testing a critical support zone between $1.27 and $1.29. Crypto analyst Michaël van de Poppe identifies $1.40 as a major resistance level. A breakout above this point could push STX toward $2.50 – $3.0