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%.
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.
Zak Cole, a prominent Ethereum core developer, has unveiled a bold new initiative aimed at significantly expanding the Ethereum ecosystem and driving the price of ETH to $10,000.
According to a new report by CryptoQuant, Chainlink (LINK) is locked in a prolonged accumulation phase between $12 and $15, driven by aggressive whale behavior amid muted retail participation.
Fartcoin (FARTCOIN) has gone up by 14.4% in the past 24 hours as meme coins as a whole are rallying during today’s session. The launch of a Solana exchange-traded fund (ETF) this week along with Canary Capital’s positive steps toward getting a Pudgy Penguins (PENGU) ETF approved are favoring a bullish Fartcoin price prediction. Fartcoin. […]
The newly launched SSK Solana Staking ETF delivered a standout performance on its first trading day, ranking in the top 1% of all ETF launches, according to Bloomberg ETF analyst Eric Balchunas.