The cryptocurrency market seems to be gearing up for a Christmas rally. The global crypto market cap has surged 2% in the last 24 hours, currently at $1.74 trillion. Bitcoin (BTC), the original crypto, hovers just below the $44k mark, rallying 2.7% in the weekly charts. The market rally may continue through Christmas and into the new year.
With that said, let’s look at the top 3 cryptocurrency projects to watch this weekend.
Top 3 cryptocurrencies to watch this weekend
Solana (SOL):
Solana (SOL) is currently the best-performing cryptocurrency among the top 10 projects. The asset has risen by over 880% since January and is inching closer to the $100 mark. The token might breach the $100 by Christmas and continue its rally into the new year.
Also Read: Solana: How to Be a Millionaire When SOL Hits $100
SOL is currently up by 16.1% in the daily charts, 31.2% in the weekly charts, and over 81% in the last month.
SOL is currently down by over 62% from its all-time high of $259.96, which it attained in November 2021, almost two years ago.
Avalanche (AVAX):
AVAX is another top cryptocurrency that has given impressive results in 2023. Since January, the token’s price has surged by over 340%. AVAX began to rally in November after struggling for most of 2023. The token’s latest rally could be due to its recent token unlock and its partnership with JPMorgan and Citi.
Also Read: How to Be a Millionaire When Avalanche (AVAX) Hits $50
AVAX is up 6.3% in the last 24 hours, 22.5% in the weekly charts, and over 140% in the previous month. At this rate, the token may hit $50 by Christmas.
Near Protocol (NEAR):
NEAR is among the best-performing cryptocurrencies right now. The token has hit a new yearly high of $3.56, surging 24.6% in the last 24 hours. Moreover, the asset is up by 57.9% in the last seven days and 94% over the previous week. Since January, NEAR’s price has risen by over 180%.
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