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Blue-Chip Crypto Assets to Hold Going into 2025
Much attention has gone to small-caps and meme coins in this cycle, but let’s not forget about the projects that have stood the test of time or are offering actual technological benefits to this space.
Here’s my list of preferred blue-chip digital assets that you should pay attention to.
Bitcoin (BTC)
The flagship crypto continues its price-discovery mode, smashing through its all-time high (ATH) of $73K set in March.
Despite its mammoth market cap of around $1.8 trillion, BTC is far from done. It is currently on the cusp of hitting $100,000, which could happen within hours of publishing this.
Here are some notable events and stats:
— Its hash rate (an important measure of network security) continues to climb.
— Ordinals and, in more recent times, Runes, have massively expanded utility by allowing for the creation of fungible tokens on Bitcoin’s blockchain.
— Stacks and other related layer-two scaling solutions (L2s) have been helping the world’s first blockchain overcome poor scalability.
— Around $100 billion of BTC managed by 11 spot ETF providers since they were given the all-clear to offer these publicly-tradable funds in January.
Following El Salvador’s success with Bitcoin, at least so far, I wouldn’t be surprised if other (albeit small) countries will adopt BTC as legal tender, especially where hyperinflation has plagued economies.
An important consideration to make is that BTC will most likely become less volatile (in terms of % change) compared to previous cycles as it becomes even more established as an investment.
This will quell historical fears that it is an unreliable currency due to its high volatility. Yes, there will still be price swings, but far less common and severe than what we’ve experienced to date.
