Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Grayscale’s Altcoin Surge Sparks Hopes for 2025 Rally

Grayscale’s Altcoin Surge Sparks Hopes for 2025 Rally

Cryptodnes2024/12/01 08:44
By: Cryptodnes
MANA+0.15%ETH-0.01%XLM+0.54%

Grayscale Investments has seen a remarkable surge in its cryptocurrency portfolio throughout November, driven by explosive gains in select altcoins.

Key assets like Stellar and XRP have posted triple-digit growth, bolstering speculation about an impending altcoin season.

According to Cryptorank , the market capitalization of Grayscale’s holdings has soared by more than 85% over the past month.

Stellar (XLM) led the charge with an astonishing 469% monthly increase, while XRP followed closely, climbing over 263%. Decentraland’s MANA token also stood out, gaining over 105%.

READ MORE:
Spot Ethereum ETFs Surge to Record Inflows, Outpacing Bitcoin for the First Time

The impressive performance of these tokens has intensified expectations for an altcoin rally heading into 2025.

Market watchers predict that Ethereum ( ETH ) could breach the $4,000 mark ahead of President-elect Donald Trump’s inauguration on January 20, reflecting growing optimism about the crypto market’s trajectory.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Big Move Ahead: SUI Gains 7% as Price Eyes Breakout Above $3.88
2
Altseason in Jeopardy: Altcoin OI Surpasses Bitcoin for 3rd Time—Top 5 Tokens Still Worth Holding

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,982.55
-0.37%
Ethereum
Ethereum
ETH
$4,472.25
-1.01%
XRP
XRP
XRP
$2.99
-1.35%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,002.77
+1.64%
Solana
Solana
SOL
$238.49
-1.06%
USDC
USDC
USDC
$0.9999
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2653
-2.29%
TRON
TRON
TRX
$0.3479
+0.55%
Cardano
Cardano
ADA
$0.8942
-0.31%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter