Despite closing the year on a bearish note, cryptocurrencies displayed remarkable performance in 2024, with tokens hitting never-seen-before all-time highs.
Meanwhile, analysts expect robust gains for the asset class in the coming year as digital assets go mainstream.
While various assets position themselves for explosive uptrends, let’s check what to anticipate from established projects Avalanche, Tron, and Sui.
AVAX ready for 100% gain by February
Avalanche has slumped amidst the prevailing broad market retracement.
The altcoin trades at $36 after losing nearly 8% of its value within the past seven days.
The alt consolidates within the $33.90 – $42.50 range, contemplating the next move.
Meanwhile, AVAX’s technical indicators flash neutral sentiments.
The Relative Strength Index sways near the neutral 50, and crossing this mark could trigger notable rallies for the altcoin.
Moreover, analysts forecast significant rebounds for AVAX.
AM Crypto founder predicted a massive AVAX surge as near-term retracements end.
He trusts the alt could climb to $75 by February 2025.
$AVAX short-term correction is almost over
AVAX to $75 by Feb 2025 seems highly likely
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That would translate to a staggering 108% increase from current prices.
Active address surge boosts Tron Network
TRX exhibits bearish sentiments as prices reflect the broad market outlook.
Nonetheless, the Tron blockchain emerged as among the hottest networks in 2024.
CryptoQuant data shows the platform’s active addresses increased by 64% in the past twelve months.
Source – CryptoQuant
That demonstrates Tron’s growing adoption and popularity – a lucrative element for stable price performance.
Besides surged active addresses, the blockchain has thrived in the NFT and DeFi sectors.
Moreover, Tron has attracted dApps due to its efficiency and scalability.
Indeed, Tron has flourished in 2024, with native coin TRX attaining record high prices. Stakeholders anticipate similar trends in 2025.
Meanwhile, TRX displays struggle in the near term, changing hands at $0.2543 after losing 1.50% in the past day.
The alt should break free from its consolidations and reclaim the $0.3 mark for solid recoveries in the coming year.
Bullish performance would welcome the predicted $0.4506 before further uptrends to anticipated $4.572 all-time highs.
So funny… I just checked the $TRX chart and realized that all my targets set in January 2023 have been reached, except for the last TP5 at 0.4572 lol
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SUI to outshine XRP & Solana
Sui has performed well in the past sessions, gaining 32% on its monthly chart.
The altcoin remained elevated today as sellers dominate the broad market, reflecting its resilience.
The $12.42 billion token trades at $4.24 after gaining 3.55% in the past 24 hours.
Meanwhile, Real Vision chief Raoul Pal trusts SUI has the potential to outshine Ripple’s XRP and Solana this cycle.
In a recent YouTube video, Pal compared SUI’s performance to XRP and Solana’s.
He highlighted that Sui signals significant upside potential as it breaches an inverse Head-Shoulders setup.
JUST IN: Raoul Pal predicts $SUI could outperform $XRP and compete with Solana. Experts are closely watching SUI’s market performance via crypto news
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SUI will likely join the top ten cryptocurrencies by market cap if it flips XRP and Solana.
Nevertheless, Pal acknowledged XRP and Solana’s potential.
The post Large-cap alts in 2025: AVAX eyes $75, TRX stable after 64% address surge, SUI to top 10 appeared first on Invezz
