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Cryptocurrency News Articles
2025 Crypto Market Predictions: Bitcoin ($BTC) Hits Six Figures, Ethereum ($ETH) Battles $4K, Solana ($SOL) Unlock Fears Shake The Market, Dogecoin ($DOGE) Finds An Advocate In Japanese MP, Ripple ($XRP) Remains Volatile As SEC News Bodes Well For Courtro
Dec 17, 2024 at 05:51 pm
Although nobody in crypto has a crystal ball, it looks as though 2025 is shaping up for another 12 months of bullish price action as huge numbers of crypto
As 2025 shapes up to be another year of bullish price action, several crypto catalysts are converging to create the perfect storm for rallying token prices. Among them, large-cap coins like Bitcoin, Ethereum, Solana, Dogecoin, and the burgeoning GameFi platform Rollblock ($RBLK) are poised for historic gains during the upcoming altcoin season. Here's a closer look at their recent performance and upcoming price predictions.
Bitcoin Hits Six Figures as $100K Level Finally Tumbles
Bitcoin recently breached the historic $100K level, entering a six-figure asset class for the first time and attaining a market cap of over $2 trillion. Over the last month of trading, Bitcoin has gained a phenomenal 14%, rising to attain a new all-time high of $106.5K.
Much of this recent rally can be explained by the incoming Trump administration and its pro-crypto stance. President-elect Donald Trump has confirmed his intention to establish a national strategic Bitcoin reserve, aiming to purchase 200,000 Bitcoins annually, up to a total goal of 1 million Bitcoins.
This move would potentially lower the circulating Bitcoin supply by 5%, inspiring other nation-states to follow suit and kicking off a period of nation-state FOMO.
Ethereum Battles $4K as It Sees Rising ETF Inflows
Continuing to face heavy resistance at $4K, Ethereum is up by an astonishing 26% this month. Bouncing from $3.6K, Ethereum is supported by increasing MACD momentum and a bullish RSI metric of 63%.
Apart from Bitcoin, Ethereum is the only crypto asset to enjoy access to vast swathes of Wall Street capital, thanks to its dedicated ETF fund. Last week, Ethereum ETFs gained $854 million as institutions flocked to allocate toward the digital ecosystem through Ethereum.
If these kinds of flows continue, Ethereum could easily reach the much-predicted $10K level during Q1 of 2025.
Solana Unlock Fears Shake the Market
Solana recently became one of the only coins from previous crypto cycles to reach a new all-time high as it climbed to $264. However, Solana could not sustain this price point and fell back to support at $200 before bouncing to its current level at around $215.
Solana has been facing difficulties in overcoming heavy selling in recent days as concerns grow around an upcoming Solana token unlock. Solana holders are currently bracing for the effects of approximately 11.2 million Solana tokens due to hit the market in early March 2025. As this unlock gets priced in, Solana will likely see further consolidation around these levels. Once this selling pressure is absorbed, Solana analysts remain confident that Solana could reach $1,000.
Dogecoin Finds an Advocate in Japanese MP
Down 15% this week to hit $0.39, Dogecoin continues to delight and frustrate in equal measure as the notoriously volatile meme coin. Longer-term Dogecoin holders can console themselves with its performance over the last six months, as Dogecoin has defied market expectations to rally by more than 220% in this time.
As well as the Dogefather Elon Musk offering his ongoing support to the Dogecoin ecosystem, it appears that Dogecoin has a new superfan in the form of Japanese lawmaker Satoshi Yamada.
Yamada recently suggested that his government of Japan should convert a portion of its foreign exchange reserves into various cryptocurrencies, including Dogecoin. If current hype and inflows continue into 2025, Dogecoin could easily attain the much-memed $1 price level.
Ripple Remains Volatile as SEC News Bodes Well for Courtroom Drama
Over the last seven trading days, Ripple is down by 8% as the Ripple price attempts to find a footing at $2.37. In the past 30 days of trading, Ripple has added more than 166% to its market cap, sending Ripple flying up the crypto top 10 into fourth place.
This astonishing run for Ripple has been attributed to the upcoming change of leadership at the US SEC, as current leader Gary Gensler will be stepping down in January.
This move will likely see an end to the ongoing legal struggle between the SEC and Ripple Labs, ensuring that the Ripple token can be free to re-enter price discovery and head, as many analysts predict, toward the $10 level in Q1 of 2025.
Rollblock Sports Gaming Adds Further Appeal to Presale Gem
Many crypto analysts have their top bet for a life-changing low-cap investment on Rollblock ($RBLK), which is still in its early stages of development and rapid fundraising. Attracting more than 22,000 early adopters, Rollblock has seen total early investments of over $7.2 million.
The Rollblock platform is currently live and generating huge revenue with the Rollblock portfolio of
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