The November close is approaching in the crypto market and many altcoins, especially Bitcoin, have seen major increases. Here are five altcoins that attracted attention in November:

Bitcoin (BTC)

In November, Bitcoin showed a surprising performance, gaining 35 percent in value. It was stated that the effect of the US presidential elections and institutional demand played a role behind this rise. This rally of Bitcoin started a general upward wave in the crypto market. Altcoins ended the downward cycle of the last three years and signed a significant bull run.

Stellar (XLM)

Stellar (XLM), one of XRP’s biggest rivals, was the altcoin that gained the most value in November. XLM, a decentralized payment network, has increased by 485.6 percent in the last month. According to CoinGecko data, XLM’s trading volume reached $4.27 billion in the last 24 hours and its market value reached $16.4 billion.

Virtual Protocol (VIRTUAL)

Virtual Protocol (VIRTUAL), which produces innovative solutions in the fields of artificial intelligence and metaverse, showed a significant increase in November. VIRTUAL gained 341.8 percent in value in the last month. In addition, it reached a market value of $1.53 billion with a trading volume of $400 million in the last 24 hours.

XRP (XRP)$XRP

One of the most popular altcoins in the crypto world, XRP, has experienced a major bull run in November. Rising rapidly after Donald Trump won the US presidential election, XRP has gained 268.2 percent in value in the last month. XRP achieved a trading volume of $20.45 billion in the last 24 hours with a market value of $109 billion.

Ivy (HBAR)$HBAR

Designed to create blockchain alternatives, Hedera (HBAR) attracted attention with its strong infrastructure and technological design. HBAR, a Layer-1 blockchain, has increased by 256.5 percent in the last month. It reached a market value of $6.45 billion with a transaction volume of $1.71 billion in the last 24 hours.

Algorand (ALGO)$ALGO

Playing an important role in the development of decentralized applications and decentralized finance (DeFi) services, Algorand (ALGO) was another altcoin that attracted attention in November. ALGO gained 254.1 percent in the last month and reached a market value of $3.47 billion with a trading volume of $2.28 billion.

These altcoins attracted attention with their high performance in November and gave promising signals about the future of the crypto market.