Major Cryptocurrencies Kick Off the Year with a Bang as Solana (SOL) and XRP Lead the Charge

Major cryptocurrencies are experiencing an exciting start to the year, with Solana (SOL) and XRP leading the charge by posting double-digit gains over the past 24 hours. As Bitcoin and Dogecoin hit weekly highs, the cryptocurrency market is seeing a significant uptick, fueling optimism among investors.

Major cryptocurrencies had an exciting start to the year, with Solana (SOL) and XRP leading the charge by posting double-digit gains over the past 24 hours. As Bitcoin and Dogecoin hit weekly highs, the cryptocurrency market experienced a significant uptick, fueling optimism among investors.

Solana (SOL) Surges 10% in 24 Hours

Solana has made a strong comeback, rising by 10% in the last day, bringing its current price to $209. This marks the highest value SOL has reached since mid-December. The cryptocurrency had hit an all-time high of over $263 in November, but a dip in late December brought it as low as $176. However, the latest surge shows that Solana is regaining its momentum and attracting investor attention as the new year begins.

XRP Climbs 11% to Touch $2.41

Ripple-linked XRP also made headlines with an impressive 11% rise, reaching $2.41. The cryptocurrency briefly touched $2.44 earlier in the day, marking the highest point since December 18. Despite hitting a seven-year high of $2.82 in early December, XRP faced some volatility, dipping to $1.98 on multiple occasions. The current gains reflect renewed interest and a positive outlook for XRP in the early days of 2025.

Altcoins Continue to Surge

Solana and XRP are not the only ones experiencing notable gains. Other top 20 cryptocurrencies are also showing significant increases in value. Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), and Stellar (XLM) have all posted double-digit percentage gains over the past 24 hours, signaling a strong rally in the altcoin market.

Bitcoin Hits $97,000 Mark

Bitcoin, the market leader, also saw a positive shift, climbing above the $97,000 mark for the first time in over a week. At $97,015, Bitcoin is up 3.5% on the day, with the latest rebound playing a key role in boosting other assets across the market. While Bitcoin hit an all-time high of over $108,000 in December, it faced some volatility, dipping below $92,000 just a few days ago.

Dogecoin Touches Weekly Highs

Dogecoin, the popular meme coin, has also seen a rise, reaching a weekly high of $0.34. With a 7% increase on the day, Dogecoin is climbing back up after dipping below $0.27 on December 20 due to a broader crypto market selloff. The coin, known for its volatility, is experiencing a resurgence, riding the wave of Bitcoin and other altcoins’ gains.

Fartcoin Makes a Massive Move

Among the meme coins, Fartcoin (FARTCOIN) has emerged as the top performer. Surging 47% over the past 24 hours, Fartcoin reached a new all-time high of $1.45 earlier Thursday, currently sitting at $1.40. This unexpected rise in Fartcoin’s value has caught the attention of traders and investors, making it the biggest mover in the meme coin space.

As the year begins, the cryptocurrency market is off to a strong start, with several top assets seeing significant gains. Whether this momentum continues remains to be seen, but the early signs suggest that 2025 could be another year of exciting growth for digital currencies.