The top 10 cryptocurrencies to watch in 2025, excluding BTC & ETH, are XRP, SOL, LINK, AVAX, AAVE, DOGE, SHIB, PEPE, BONK, & PENGU.
In 2024, the crypto market saw a significant boom driven by Bitcoin’s all-time high and Trump’s crypto-backed campaign.
The global cryptocurrency market has experienced significant developments throughout 2024—from Bitcoin ETF approvals to Bitcoin’s historic $100K milestone. Let’s dive into the major events and their impact, setting the stage for the top cryptocurrencies to watch in 2025.
Key Events in 2024
Bitcoin ETF Approval: The approval of the first Bitcoin ETF on January 11, 2024, fueled institutional investments. The cumulative total net inflow of U.S. ETFs is $35.96 billion as of December 26.
Bitcoin Halving: On April 20, 2024, Bitcoin’s halving event triggered another bullish momentum, eventually driving its price to $70.
Ethereum Milestones: Ethereum touched the $4,000 zone for the first time in three years, with its Ethereum ETF adding to the excitement. The U.S. Ethereum ETF recorded a cumulative total net inflow of $2.63 billion, with $390.23 million in total value traded.
Political Influence: President-elect Donald Trump’s campaign, supported by significant crypto industry support, and Elon Musk’s endorsements further fueled market enthusiasm, creating unprecedented momentum—sending Bitcoin price to $108K.
Altcoins and Memecoins: Leading altcoins like XRP and Solana, along with memecoins like DOGE and PEPE, turned into market favorites during the 2024 bull run.
As we enter 2025, here are the top 10 cryptocurrencies to watch beyond Bitcoin and Ethereum, based on their 2024 performance and market developments. Further, the upcoming cryptocurrency trends in 2025 promise to shape the market in new ways, offering fresh opportunities.
Ripple (XRP)
Market Cap: $122.58B (#4)
2H Trading Volume: $6.37B
Circulating Supply/ Total Supply: 57.41B XRP/ 100B XRP
Ripple’s native cryptocurrency, XRP, has been somewhat volatile since the summer of 2023 when it secured a partial victory against the SEC. However, the real bull run for XRP began on November 16th, 2024, when it soared above $1 for the first time in three years, even nearing $3 in December.
The significant rally was largely triggered by Ripple Labs’ stablecoin, RLUSD, designed for cross-border payments, and DeFi, which is set to launch in 2025.
Ripple (XRP) Price (Source: TradingView)
Currently, XRP price is at $2.14 and daily trading volume stands at $6.37 billion, a 23% increase in 24 hours.
Technical Indicators:
Price Trend: Above the 50 EMA and 200-day SMA, signaling bullish momentum.
RSI: Neutral zone (30-70), suggesting balanced market conditions.
Bull/Bear Power: Bull Power at 10, Bear Power at -4, indicating buying pressure outweighs selling.
Future Outlook: XRP could break past $3 and approach new all-time highs in early 2025.
Solana (SOL)
Market Cap: $94.62B (#6)
2H Trading Volume: $3.57B
Circulating Supply/ Total Supply: 479.53M SOL/ 590.92M SOL
Solana’s native cryptocurrency, SOL, has been on a strong upward trend in 2024, gaining momentum with some key updates. A major driver behind this surge was the launch of the Solana Pump.fun meme coin launchpad in January, which sparked a lot of interest and boosted SOL’s price.
After Pump.fun’s launch, SOL surged past $200 in March and hit a new all-time high of $263.83 in November.
Solana (SOL) Price Chart (Source: TradingView)
As of now, SOL is trading at $197, with a market cap of $94.62 billion.
Technical Indicators:
Price Trend: Holding above the 50 and 200-day MAs, indicating a bullish trend.
RSI: Neutral at 38.91, slightly oversold, hinting at the potential for reversal.
MACD: Below the signal line, showing minor bearish pressure but the potential for a short-term bounce.
Future Outlook: If SOL breaks $250, it could rally toward $300 and beyond in 2025.
Chainlink (LINK)
Market Cap: $13.43B (#13)
2H Trading Volume: $699.35M
Circulating Supply/ Total Supply: 638.09M LINK/ 1B LINK
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) launch in Q1 2024 boosted its adoption. This new feature allows seamless and secure token transfers across different blockchains, which has boosted the demand for LINK’s services in the decentralized finance (DeFi) space.
After the launch of CCIP, LINK’s price surged, breaking past the $20 zone in March and nearing $30 by December.
Chainlink (LINK) Price Chart (Source: TradingView)
However, currently, LINK is priced at $22.95—trading in a range-bound pattern could mean the price is consolidating at higher levels, potentially forming a horizontal channel or sideways movement at elevated levels.
Technical Indicators:
RSI: Neutral at 48.31, signaling balanced market conditions.
MACD: Above the signal line, showing bullish momentum.
Key Resistance: $35-$40
Future Outlook: LINK could climb toward $60 as it continues its upward trajectory.
Avalanche (AVAX)
Market Cap: $15.2B (#11)
2H Trading Volume: $457.86M
Circulating Supply/ Total Supply: 409.86M AVAX/715.74M AVAX
AVAX saw strong growth in 2024, driven by the launch of low-latency Data Streams on its mainnet, which has boosted decentralized market performance. Trading at $37.65, AVAX holds promise with resistance levels at $50 and $75.
Avalanche AVAX) Price Chart (Source: TradingView)
Currently trading at $37.10, AVAX is in a range-bound pattern, similar to LINK, hinting at consolidating at higher levels and possibly forming a sideways movement. But the overall trend remains positive.
Technical Indicators:
RSI: Neutral at 41.
MACD: Below the signal line, showing slight bearish pressure but overall bullish potential.
Key Resistance: $50-$75
Future Outlook: AVAX could reach $100 by 2025 as it breaks past key resistance levels.
Aave (AAVE)
Market Cap: $5.89B #31
2H Trading Volume: $658.3M
Circulating Supply/ Total Supply: 15.03M AAVE/16M AAVE
Aave’s native cryptocurrency, AAVE, has been gaining attention in the crypto market following the introduction of Aave V3 in the mainnet. This upgrade brings improved scalability, cross-chain functionality, and gas optimizations, boosting AAVE’s adoption in the DeFi space.
Further, AAVE recently saw a price surge—breaking the $350 mark after the launch of new lending pools on the Aave Protocol.
AAVE Price Chart (Source: TradingView)
Currently trading at $344, AAVE’s market cap stands at $5.16 billion, showing steady growth.
Technical Indicators:
Price Trend: AAVE is above both the 50 EMA and 200-day SMA, signaling a strong bullish trend.
RSI: At 56.66, showing a balanced market.
Chaikin Money Flow (CMF): Positive at 0.11, indicating buying pressure.
Future Outlook: If AAVE surpasses $350, it could rally to $400, potentially reaching $550 in 2025.
When looking at the market boom, memecoins have turned out to be the main players, with new contenders emerging and experiencing unexpected growth.
Dogecoin (DOGE)
Market Cap: $48.18B #7
2H Trading Volume: $2.54B
Circulating Supply/ Total Supply: 147.37B DOGE/147.37B DOGE
Dogecoin (DOGE), the largest memecoin, has seen exciting developments in 2024, especially with increased involvement from Elon Musk and the launch of the Department of Government Efficiency (DOGE) initiative. Co-led by Musk and Vivek Ramaswamy, this initiative aims to streamline government operations and reduce spending in the United States, sparking more interest in DOGE.
Following Musk’s tweets and support for DOGE, the price surged from $0.15 to nearly $0.38—an unexpected turn since May 2021.
Dogecoin (DOGE) Price Chart (Source: TradingView)
Currently, DOGE is trading at $0.3223 with a market cap of $47.58 billion, making it the 7th largest cryptocurrency.
Technical Indicators:
Price Trend: DOGE is above both the 50 EMA and 200-day SMA, signaling a strong bullish trend.
RSI: Neutral at 40.
Bull/Bear Power: Bull Power at 4.92, Bear Power at -5.9, signaling bullish momentum.
Future Outlook: With Elon Musk’s ongoing involvement and the DOGE initiative gaining momentum, Dogecoin’s price may see further growth. In that case, DOGE could rally past $0.45, potentially reaching $0.75 in 2025.
Shiba Inu (SHIB)
Market Cap: $12.82B #14
2H Trading Volume: $M
Circulating Supply/ Total Supply: 589.25T SHIB/589.5T SHIB
SHIB saw a 120% rally in 2024. A big factor driving SHIB’s momentum is the launch of Shibarium, a layer 2 blockchain, and the Shiba Eternity gaming platform, which aims to bring gaming into the Shiba Inu ecosystem.
Shiba Inu (SHIB) Price Chart (Source: TradingView)
At the time of writing, SHIB is priced at $0.00002196 with a market cap of $12.98 billion.
Technical Indicators:
Currently, SHIB is testing key support at the 100 EMA around $0.00002254. If this level holds, we might see a potential price rebound. However, if it breaks, SHIB could retest the 200 EMA at $0.00002057.
RSI: Neutral at 41.
Future Outlook: In short, SHIB is at a crucial support level, and the market is currently neutral, waiting to see if the price can hold steady or rebound higher.
Pepe Coin (PEPE)
Market Cap: $8.83B #22
2H Trading Volume: $3.82B
Circulating Supply/ Total Supply: 420.68T PEPE/420.68T PEPE
PEPE has quickly become one of the top meme coins since its launch in 2023, gaining a lot of attention due to its growing community and active trading.
The PEPE price has been strong this year, reaching new highs and drawing interest from both new and experienced investors. Although there’s been some selling pressure, the bulls are still in control, with a rise in buying volume supporting the rally. This suggests that PEPE’s price will likely stay strong for the next year.
PEPE Price Chart (Source: TradingView)
Technical Indicators:
Price trend: After hitting a new all-time high of $0.00002825, PEPE faced some resistance, but the overall trend remains bullish.
RSI: At 43, indicating a neutral market with balanced buying and selling pressures.
Future Outlook: If PEPE can maintain its current support, it could continue to rally, breaking past resistance and potentially reaching new highs of $0.00003 to $0.00005 in 2025.
Bonk (BONK)
Market Cap: $2.41B #53
2H Trading Volume: $306.47M
Circulating Supply/ Total Supply: 75.85T BONK/90.97T BONK
As of December 27, 2024, BONK is trading at $0.000032, with a 24-hour trading volume of approximately $262 million.
This uptrend was triggered recently, when the Bonk team announced plans to burn 1.69 trillion tokens, reducing the total supply by 1.8%. This move is aimed at enhancing scarcity, which could help increase the token’s value in the future.
BONK Price Chart (Source: TradingView)
Despite this token burn, Bonk’s price has seen a slight decline of 1.86% in the last 24 hours and is down 45% from its all-time high of $0.00005916 recorded on November 20. This reflects the ongoing market volatility.
Technical Indicators:
RSI: 57, showing neutral-to-bullish momentum.
Chaikin Money Flow (CMF): -0.09, indicating slight selling pressure.
Future Outlook: In summary, Bonk remains a significant player in the meme coin space, and the recent token burn could play a role in shaping its future performance.
Pudgy Penguins (PENGU)
Market Cap: $2.03B #57
2H Trading Volume: $503.19M
Circulating Supply/ Total Supply: 62.41B PENGU/88.88B PENGU
PENGU, the native cryptocurrency of the Pudgy Penguins NFT project, launched in mid-December and has quickly become the top meme coin on the Solana network, surpassing BONK.
The recent price surge can be attributed to large investors, or “whales,” who have been buying up significant amounts of PENGU tokens.
Pudgy Penguins (PENGU) Price Chart (Source: TradingView)
Despite this impressive rise, PENGU is still about 31.8% below its all-time high of $0.05738, recorded just nine days ago.
Technical Indicators:
RSI: At 60.2, the market is showing neutral-to-bullish momentum, with buying activity gaining traction.
Chaikin Money Flow (CMF): Positive at 0.17, indicating continued buying pressure and capital inflows.
Future Outlook: In summary, PENGU is on an upward trajectory, supported by strong buying momentum.
Floki (FLOKI) and Dogwifhat (WIF) are two meme coins that have recently made significant noise in the cryptocurrency market. However, WIF has captured even more attention, becoming a standout player among meme coins.
These cryptocurrencies, backed by strong fundamentals and significant developments, are well-positioned for growth as the crypto market evolves in 2025.
Disclaimer: Any information contained in this article is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this article.
