The cryptocurrency market continues to attract investors with its dynamic growth and evolving opportunities. In this context, Finbold selected two cryptocurrencies with the potential to reach a $50 billion market cap in Q1 2025. This happens despite Bitcoin ( BTC ) facing a slight pullback, finding strong support around the $90,000 level, a critical threshold for market sentiment. However, the broader market reflected its unpredictable nature, with the global cryptocurrency market cap declining 1.8% over the last 24 hours to $3.43 trillion. Despite this short-term pullback, the market has shown consistent strength, building momentum across digital assets. This volatile yet promising environment highlights opportunities for standout performers like TRON ( TRX ) and Sui Network ( SUI ), which are well-positioned to achieve significant market cap milestones in the months ahead. TRON (TRX) Currently trading at $0.24 with a market cap of $20.68 billion, TRX is positioned for significant growth, with projections suggesting it could reach a $50 billion market cap by Q1 2025. Technical indicators support a bullish outlook, with an ascending channel pattern pointing to a potential price range of $1.65 to $2.20. TRX market cap. Source: CoinMarketCap This sentiment is reinforced by derivatives data , with a long/short ratio of 2.63 on Binance TRX/USDT pairs, highlighting strong bullish momentum. Open interest currently stands at $197.75 million, coupled with a trading volume of $273.97 million, reflecting active and increasing participation in the derivatives market. TRON’s dominance in stablecoin transactions further validates its upward trajectory. USDT on TRC-20 has recorded over 22 billion transfers, significantly outpacing Ethereum’s ERC-20 network, which stands at 2.6 billion transfers, according to CryptoQuant. Low transaction fees and faster confirmation times have solidified TRON as the preferred platform for global stablecoin transfers, with TRC-20 transactions in September alone nearly doubling those on ERC-20. With growing adoption by exchanges and a thriving ecosystem, TRON is poised to capitalize on these strengths and achieve significant market cap growth in 2025. Sui Network (SUI) Currently trading at $4.94 with a market cap of approximately $14.85 billion, Sui has shown remarkable growth, reaching a new all-time high of $5.35 earlier this month. Its ecosystem growth has been further validated by its inclusion in Grayscale’s GSCPxE Fund, signaling strong institutional interest. These developments, coupled with a consistent Total Value Locked (TVL) above $1 billion, peaking at $2 billion recently, highlight Sui’s robust activity and growing user engagement. SUI market cap. Source: CoinMarketCap With a price gain of over 11% since the start of the year, Sui’s bullish trajectory is supported by both its ecosystem expansion and broader market dynamics. Recent partnerships with major players like Franklin Templeton have significantly boosted its utility, alongside wallet integrations such as Phantom and Backpack that enhance its usability. These factors position Sui for significant growth, with analysts drawing strong parallels to Solana’s 2021 rally , suggesting Sui could follow a similar upward trajectory in the near future. These factors collectively position both TRX and SUI as key assets to watch as they edge closer to this significant milestone. Featured image via Shutterstock The post 2 cryptocurrencies to reach a $50 billion market cap in Q1 2025 appeared first on Finbold .
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Bitcoin Has a High Probability of Reversing Upwards After Pullback, Says Crypto Analyst – Here’s Why
A widely followed crypto analyst says that there’s a high chance that Bitcoin ( BTC ) reverses course after its latest pullback. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 529,900 followers on the social media platform X that based on historical precedence, the crypto king should mount a recovery. “Bitcoin started its current -15% pullback in week seven of price discovery. The timing of this retrace is in line with historical tendencies. It is the first price discovery correction of this cycle. As a result, it has a high probability of reversal.” Price discovery is the process by which buyers and sellers determine the fair market value of an asset based on supply and demand, liquidity, and other factors. Rekt Capital goes on to note that this type of pattern is a regular part of the top crypto asset by market cap’s historical cycle. “In the 2013 cycle, it took six weeks of upside into Price Discovery before BTC experienced its first major correction in week seven. In the 2017 cycle, it took seven weeks of upside into price discovery before a first major retrace of -34%. In week eight In the 2020/2021 cycle, BTC rallied six weeks into Price Discovery before BTC’s first meaningful pullback of -16%. And in this cycle, Bitcoin enjoyed upside until week seven before retracing -15%. Out of the ordinary? History says no.” The trader then says BTC has rebounded nicely from its low support range and will occupy the $91,000 to $101,000 price range “until further notice.” BTC is $93,803 at time of writing, a 1% decrease during the last 24 hours. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/80’s Child/S-Design1689 The post Bitcoin Has a High Probability of Reversing Upwards After Pullback, Says Crypto Analyst – Here’s Why appeared first on The Daily Hodl . Finbold
Solana’s Growth Potential Boosted by Retail Investor Interest and Anticipated US ETF
Solana is gaining traction as a preferred cryptocurrency among retail investors, with analysts anticipating significant gains spurred by a potential US spot SOL ETF. Enthusiasm around Solana is not just Finbold