Top 10 Cryptocurrency Rankings January 1, 2025 vs. 2024 Sees Avalanche Replaced by Tron

The cryptocurrency market ended the year with a total valuation of $3.26 trillion. 2024 saw a shift in momentum across Bitcoin, Ethereum, and other assets, influenced by the approval of Bitcoin ETFs, the US election, and evolving cryptocurrency regulation.

The top 10 coins and tokens as of January 1, 2025 include the majority of the same coins and tokens as the previous year. Avalanche pulled out and was replaced by TRON, while BNB and XRP traded elsewhere. The second biggest loser was Dogecoin, which fell three places from seventh to tenth place.

Cryptocurrency markets at the beginning of 2025

Bitcoin The value of the dollar exceeded $100,000 for the first time in December, drawing attention after the November elections in the United States, which resulted in a significant rise in prices. This rally pushed Bitcoin’s peak above $108,000 before a rebound took it closer to $93,000 by the end of the year.

Ethereum It maintained its position as the second-largest asset and was trading near $3,300 in late December, with a market capitalization of about $400 billion.

Bitcoin’s dominance is close to 57%, while Ethereum’s share has fallen to about 12%. Tether has maintained its position as the world’s top stablecoin, with a record market capitalization of $137 billion. XRP is hovering near $2.13, reflecting speculation about institutional adoption, and BNB is holding steady at $706.

Solana traded at around $190, and Dogecoin closed near $0.31 after a year of scant social media endorsements and market volatility tied to Elon Musk’s new government role. USDC took eighth place with a market capitalization of $43 billion, three times less than Tether, while Cardano took ninth and 10th places at $0.84 and Tron near $0.25.

Many observers consider 2024 to be pivotal for digital assets, with Bitcoin’s rise above the six-figure mark attracting retail and institutional interest. The period also saw short corrections, including declines back into the $40,000 range for Bitcoin and similar restricted movements for several tokens. As broader markets continue to respond to the election results, monetary policies, and Trump’s inauguration in January, traders are monitoring liquidity, derivatives activity, and protocol upgrades to gauge potential upside.

The year ended with traders eyeing new highs after Bitcoin fluctuated between $100,000 and $92,000. Ethereum has remained the leading smart contract platform by market capitalization, and demand for stablecoins has highlighted the continued reliance on liquidity pairs. Altcoins like XRP, BNB, Solana, Dogecoin, Cardano, and Tron all maintained or gained their place in the top 10 list.

Price predictions for 2025 point to the peak of Bitcoin $180,000 to $200,000, According to institutional analysts. All eyes are now on January 20, when Trump takes office, to see whether a strategic reserve of Bitcoin will be approved and whether the new SEC leadership will spur a huge altcoin season.

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