Cointelegraph has released a list of cryptocurrencies that staged a strong recovery in 2024 and may continue their upward trajectory in 2025. The overall crypto market made a remarkable rebound, increasing its capitalization from $1.8 trillion in January to $3.9 trillion in December, with several altcoins emerging as standout performers.
Dogecoin: The Legendary Return
Analysts identify Dogecoin as one of the most striking comeback stories of 2024, with the token’s price soaring by over 350% since January, peaking at $0.466.
Dogecoin to USD Price Chart. Source: Coinmarketcap
Key drivers include political and cultural events such as Donald Trump’s election and Elon Musk’s endorsement of Dogecoin. Technical indicators also confirm the possibility of continued growth, and some experts predict the token may reach $3 in the coming years.
XRP: Success in SEC Battle
XRP likewise posted impressive gains. Contributing factors included positive developments in Ripple’s legal status and the launch of the new stablecoin RLUSD. Analysts suggest that if Ripple stays on course and fully resolves its legal proceedings, XRP’s price could see significant increases, potentially hitting $8–$17.
At the time of writing, XRP is trading at $2.16, up 242% over the past year.
Ripple (XRP) to USD Price Chart. Source: Coinmarketcap
Hedera Hashgraph: Rocketing Growth and New Institutional Interest
Hedera Hashgraph (HBAR) emerged as a dark horse in 2024, showing more than 200% growth in the final months of the year. Contributing factors include rising interest in DeFi applications, an ETF proposal involving HBAR, and LayerZero’s launch on the Hedera network. In 2025, with potential changes in U.S. crypto policy, Hedera could attract even more investors, fueling further growth.
Hedera (HBAR) to USD Price Chart. Source: Coinmarketcap
For a comprehensive analysis of these tokens, click here.
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