Hopes for a broad altcoin rally in 2025 may be misplaced, as CryptoQuant CEO Ki Young Ju warns that only select projects with strong fundamentals and revenue streams are likely to thrive.
He believes the era of indiscriminate price surges is over, with institutional interest shifting toward assets tied to potential ETF approvals.
Market conditions remain uncertain, with nearly a quarter of the top 200 cryptocurrencies hitting yearly lows.
Juan Pellicer of IntoTheBlock suggests that recent sharp declines, particularly in Solana, hint at investor capitulation—a phase often preceding a market bottom.
Meanwhile, seven cryptocurrencies, including Cardano, Solana, and XRP, await ETF approval, which could drive fresh institutional inflows.
Despite occasional price rebounds, blockchain activity remains subdued. RedStone co-founder Marcin Kazmierczak notes that most altcoins have yet to regain their peak user engagement from 2021, suggesting current rallies are more speculative than signs of widespread adoption.
Binance, the leading global cryptocurrency exchange, kicked off the day with an exciting announcement regarding a new altcoin addition.
Dogecoin has witnessed an exciting surge in activity this week, as major investors, often referred to as “whales,” have been steadily acquiring large amounts of the meme coin.
Custodia Bank, a notable player in the crypto space, has partnered with Vantage Bank to introduce a groundbreaking stablecoin, marking a first for the U.S. banking sector.
The race for a US-based XRP ETF has sparked heightened competition, with financial giants like BlackRock and Fidelity predicted to enter the market.