Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
The post Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron appeared on BitcoinEthereumNews.com.
The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum, and other assets, influenced by Bitcoin spot ETF approval, the US election, and evolving crypto regulation. The top 10 coins and tokens on Jan. 1, 2025, include the majority of the same ones present a year previous. Avalanche dropped out and was replaced by TRON, while others like BNB and XRP traded places. The second biggest loser was Dogecoin, which fell three spots from seventh to tenth. Top 10 crypto tokens/coins 2024 vs 2025 (Source: CoinMarketCap) Crypto markets at the start of 2025 Bitcoin surpassed $100,000 for the first time in December, drawing attention after the November election in the United States, which resulted in a dramatic price surge. That rally pushed Bitcoin’s peak above $108,000 before a retracement brought it closer to $93,000 as the year concluded. Ethereum maintained its place as the second-largest asset and traded near $3,300 in late December, holding a market cap of around $400 billion. Bitcoin dominance approached 57%, while Ethereum’s share fell to around 12%. Tether retains its position as the top stablecoin globally, with a record-high market cap of $137 billion. XRP hovered near $2.13, reflecting speculation around institutional adoption, and BNB sat around $706. Solana traded around $190, and Dogecoin closed near $0.31 after a year of meager social media endorsements and market swings linked to Elon Musk’s new government role. USDC held the eighth spot with a market cap of $43 billion, three times lower than Tether, while Cardano held the ninth and tenth positions at $0.84 and Tron near $0.25. Many observers regarded 2024 as pivotal for digital assets, with Bitcoin’s climb above the six-figure mark attracting retail and institutional attention. The period also saw brief corrections, including dips…
Filed under: News - @ January 1, 2025 12:22 pm