The majority of the biggest cryptocurrencies have recently experienced strong momentum, but investors in cryptocurrencies are still waiting for more regulatory changes.

Crypto bulls think the erratic market is headed for new highs and are hopeful that more institutional investors will start embracing cryptocurrencies as a result of clearer regulations.

We have selected these cryptos below that we believe have what it takes to face the challenges of the market and tally significant price gains before December 25.

Top 5 Cryptos Seen Climbing Before Christmas

AVAX

Out of the top 10 projects, Avalanche (AVAX) is the cryptocurrency with the best performance right now. The token has increased by more than 116% over the past month, over 82% over the last 14 days, and over 50% over the weekly charts.

AVAX’s price has increased by approximately 270% since January 2023, surpassing Bitcin’s (BTC) about 150% gain within the same period.

Perhaps influencing AVAX’s December performance were JPMorgan and Citi’s real-world asset (RWA) tokenization activities with the Avalanche Foundation.

Ethereum Rising

ETH

Ethereum is a blockchain platform and cryptocurrency that is popular among developers due to its potential uses, including non-fungible tokens (NFTs) and so-called smart contracts, which run automatically when certain conditions are satisfied.

Ethereum has grown astronomically as well. Its price increased 20,054% from April 2016 to December 2023, from roughly $11 to over $2,000 in value.

With a market capitalization of $270 billion, a 24-hour trading volume of $13.81 billion, and a 17% market dominance, Ethereum is currently trading at $2,253.

As of today, the market cap of cryptocurrencies stood at $1.56 trillion. Chart:  TradingView.com

XRP Unfazed B
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Author: Christian Encila

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