### **Market Update: Crypto Price Comparison (2024 vs. 2025) | April 25, 2025**
The **global crypto market** is showing strong momentum in 2025, with significant **price surges** in major cryptocurrencies compared to late 2024.
### **2024 vs. 2025 Price Comparison**
#### **1. Bitcoin (BTC)**
- **Late 2024 (~$42,000)** vs. **2025 ($93,650)**
→ **+123% Increase**
- **Reasons**: Rising institutional adoption (ETF approvals, El Salvador’s purchases), Bitcoin halving effect, and demand as an inflation hedge.
#### **2. Ethereum (ETH)**
- **2024 (~$2,300)** vs. **2025 ($1,773.67)**
→ **-23% Decline**
- **Reasons**: Competition from Layer 2 chains (Solana, Sui), delays in ETH ETF approvals.
#### **3. Solana (SOL)**
- **2024 (~$100)** vs. **2025 ($153.88)**
→ **+54% Increase**
- **Reasons**: Revival in DeFi & NFT activity, real-world adoption (payments, gaming).
#### **4. XRP**
- **2024 (~$0.62)** vs. **2025 ($2.19)**
→ **+253% Surge**
- **Reasons**: Victory in SEC lawsuit, increased banking sector adoption.
#### **5. Dogecoin (DOGE)**
- **2024 (~$0.09)** vs. **2025 ($0.18187)**
→ **+102% Jump**
- **Reasons**: Elon Musk’s X (Twitter) testing DOGE payments.
#### **6. Cardano (ADA)**
- **2024 (~$0.40)** vs. **2025 ($0.7196)**
→ **+80% Growth**
- **Reasons**: Successful Hydra scaling solution, expanding use cases in Africa.
#### **7. Sui (SUI)**
- **2024 (~$0.50)** vs. **2025 ($3.68)**
→ **+636% Rally** (**Top Performer**)
- **Reasons**: TVL surpassing $1.6B, high efficiency of Move programming language.