This year was a revolutionary year for Bitcoin and the broader crypto space – spot BTC exchange-traded funds (ETFs), filings for other crypto ETFs
Bitcoin had an eventful year in 2024, with the launch of spot BTC exchange-traded funds (ETFs) and filings for other crypto ETFs, and institutional adoption.
But outside of BTC's glory, some alternative coins (altcoins) also made a mark in 2024. In terms of performance, they were Bitcoin's biggest rivals this year.
Here are the top 4 altcoins that rivaled Bitcoin in 2024:
1. XRP had a comeback year in 2024. The XRP token price surged to over $2 in 2024, as regulatory pressure eased and hopes grew for a favorable outcome in the SEC lawsuit against Ripple.
2. Hedera (HBAR) had a breakout year in 2024, with the HBAR token price surging to over $0.60 and the Hedera chain entering the Top 20 coins rankings for the first time.
3. Toncoin (TON) had a strong year in 2024, with the TON token price surging to over $3.50, outperforming BTC and other major cryptocurrencies.
4. TRX, the TRON blockchain's native cryptocurrency, broke its all-time high in 2024, raising hopes that the token will continue to climb in the coming year.
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