#TradeOfTheWeek
In light of recent developments in the cryptocurrency market, several currencies are experiencing exceptional growth and are classified as "rocket-like" due to their superior performance and future potential. Here are the most notable ones based on the latest data and forecasts:
---
1. Bitcoin (BTC): The leading currency strengthens its position**
- **Current price**: ~103,000 USD (up +4.23% recently).
- **Driving factors**:
- Surpassed the **100 thousand dollars** mark in November 2024, supported by the approval of **12 ETF funds** in the United States, attracting massive institutional investments.
- The **halving** event in April 2024 reduced supply and increased scarcity.
- Forecasts suggest that the market value will reach **3.57 trillion dollars** globally by 2025.
---
2. Ethereum (ETH): The smart contract platform leads innovation**
- **Current price**: ~2,327 USD (up +19.49% in the last 24 hours).
- **Advantages**:
- **Deflationary** mechanism through burning a portion of the fees, reducing supply.
- Multiple applications in **decentralized finance (DeFi)** and non-fungible tokens (NFTs).
- Predictions of price rising to **3,300 dollars** with increased institutional adoption.
---
### **3. Solana (SOL): Speed and low cost**
- **Current price**: ~169 USD (up +11.08% recently).
- **Reasons**:
- Processing **65,000 transactions/second** compared to 15 transactions/second on Ethereum.
- Growth of its ecosystem, especially in **digital payments** and applications.
