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Cryptocurrency News Articles

Top 4 Cryptocurrencies to Watch in 2025: ADA, XRP, DOGE, and AAVE

Dec 28, 2024 at 01:17 pm

The crypto market can be complicated, but with innovation and real-world utility, informed decisions can give you big returns. As December unfolds, these are the cryptos to ride the bull run.

Top 4 Cryptocurrencies to Watch in 2025: ADA, XRP, DOGE, and AAVE

As we approach the end of 2024, savvy investors are keeping an eye on the next potential leaders in the crypto bull market. The crypto market has experienced a wild ride over the past few months, with periods of high volatility and surging interest. After a broader market correction wiped out billions, things started to look up.

Bitcoin and Ethereum are showing relative stability, while the altcoin market seems poised for a breakout. With the total crypto market cap back above $3 trillion, according to CoinGecko, experts believe a second wave of the bull market is on the way. This new momentum has shifted attention to altcoins, many of which are outperforming the larger coins in terms of innovation and adoption.

As institutional interest continues to grow and blockchain technology advances, several altcoins are gaining attention for their real-world use cases and strong ecosystems. Here are the top four cryptocurrencies to watch in 2025.

Cardano: Expert Predicts $6 for ADA in 2025

Cardano (ADA) is leading the way in blockchain innovation with its flexible, sustainable, and scalable architecture. The network utilizes the Ouroboros proof-of-stake consensus algorithm, prioritizing energy efficiency over the traditional proof-of-work method. Cardano’s dual-layer architecture separates transaction processing from smart contracts, enabling fast and low-cost transactions while simultaneously supporting robust decentralized applications (dapps).

ADA 3-monthly price action. Source: Brave New Coin

According to Ali Charts analysis, ADA has been exhibiting a similar pattern to the 2020 bull run, with targets up to $6. The expert highlighted that, just like in 2020, the current correction in ADA’s price aligns with the timing of the first major pullback after a bull rally.

ADA technical chart. Source: Ali_charts on X

What sets Cardano apart is its sustainability and methodical approach, guided by peer-reviewed research. Its focus on scalability, security, and DeFi applications makes it an attractive proposition in a crowded market. Recent upgrades like Alonzo have expanded its smart contract capabilities, making it a strong competitor to Ethereum.

Cardano can process transactions fast and has had native token support since 2021, with low fees and efficient operations as a consequence. In an era of scalability and sustainability, Cardano is an attractive alternative to networks with high costs and congestion.

Ripple (XRP): Can Bulls Push XRP over $5?

Ripple has transformed the cross-border payment system, making XRP one of the most institutionally adopted cryptocurrencies. Currently trading at $2.24, XRP has held up well throughout the market fluctuations. Key resistance at $3.62 and $4.30 could lead to bigger gains, with a target of $5.73 according to technicals.

XRP is December’s top altcoin on Binance. Its trading volume on Binance Futures reached over $116 million. It outperformed the broader market, where Bitcoin and other altcoins struggled to maintain gains. Despite an 11% drop over the last seven days, XRP boasts a 280% annual return.

XRP 12-Month price chart. Source:  Brave New Coin XRP Liquid Index

Active derivatives markets and a healthy bounce-back mechanism are some of the reasons behind XRP’s high volume. Open interest has been fluctuating, but XRP has risen 34% since February and traders are expecting volatility. However, XRP is holding strong with wallet growth and on-chain fundamentals.       

XRP open interest chart. Source: Coinglass

Santiment data shows a 28% increase in non-empty XRP wallets over the last two years, reaching 5.75 million. This indicates that more people are holding XRP long-term, which bodes well for its stability. XRP adoption is following a similar trend to BTC and ETH, where a rising wallet count reflects growing market confidence.

Experts are predicting a price of $5.73 due to whale accumulation, with whales recently snapping up $40 million worth of XRP tokens. Ripple’s RLUSD stablecoin just launched in the Singapore market, marking a major step forward with its first listing on Independent Reserve, a Singapore-based crypto exchange.

This comes just a week after the stablecoin’s global launch on Dec. 16 and there’s a lot of buzz and conversation in the crypto space. After Trump’s US win and Gensler’s announcement of stepping down as SEC Chair, there are more catalysts for XRP to move.

Ripple's focus on cross-border payments has attracted over 300 financial institutions, including Santander and American Express. Transactions settle in 3-5 seconds, which is significantly faster than traditional systems. The XRP Ledger can handle 1,500 transactions per second, aiming to modernize global finance. As adoption expands and legal uncertainty diminishes, Ripple’s

News source:bravenewcoin.com

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