Bitcoin (BTC) crossed the $100,000 psychological barrier for the first time in 2025, rising to $101,184 at press time.
This increase highlights the growing momentum in the cryptocurrency market, driven by anticipation of pro-crypto policies under President-elect Donald Trump, who is set to take office in two weeks.
Meanwhile, the global market value of cryptocurrencies rose to $3.76 trillion, reflecting a 1.9% increase over the past 24 hours. In this bullish environment, several altcoins are approaching major milestones, with some approaching the $100 billion market cap threshold, and poised for potential breakouts in the coming weeks.
Finbold has identified Dogecoin (DOGE) and Cardano (ADA) as cryptocurrencies on track to exceed $100 billion market capitalization by the end of the first quarter of 2025, reflecting their strong market performance and growing investor confidence.
Dogecoin (DOGE)
Dogecoin, which currently has a price of $0.3877 and a market cap of $57.19 billion, is well positioned to reach a market cap of $100 billion in Q1 2025.
recently Data from Queen Glass It reveals an increase in investor activity, with open interest rising 39.91% to $4.08 billion and open interest rising 103.95%.
This sharp increase in demand indicates growing market confidence and sets DOGE up for a potential bullish breakout.
Whale activity has further reinforced this bullish sentiment, with over 1.08 billion DOGE accumulating, indicating market optimism.
Historical trends suggest that Dogecoin has the potential for exponential rises, with technical indicators highlighting interim targets at $0.50, $1 and beyond.
Trading volume, which now stands at $6.06 billion, combined with a short squeeze that led to the liquidation of $6.64 million in short positions, has added upward pressure on DOGE’s price.
With strong community support, growing adoption, and the ability to capitalize on meme-driven popularity, Dogecoin could realistically break resistance levels to reach a market cap of $100 billion, equivalent to a price of around $0.677.
Cardano (ADA)
Cardano, currently priced at $1.10 and with a market capitalization of $38.67 billion, has shown remarkable momentum as it leads the cryptocurrency market recovery in the early days of 2025, posting gains of over 30% in just the first few days of the year.
This rise has been fueled by a range of developments in the network, including the introduction of… Proposal CIP-113which aims to bring programmable assets, enhanced security, and intelligent calculations to the ecosystem. This could enable Cardano to support real-world stablecoins, securities, and asset tokenization.
To support this bullish outlook, Data from Devillama It shows that the total value locked of Cardano (TVL) in DeFi rose 26% over the past week to $580.2 million, closely in line with its price rise.
This suggests that ADA’s rise is driven by organic demand rather than speculative trading, laying a solid foundation for sustainable growth.
To reach a market capitalization of $100 billion in 2025, the price of ADA would need to rise to about $2.84.
This goal appears to be achievable given Cardano’s strong trajectory and performance compared to the broader market recovery, where it has outperformed other major cryptocurrencies such as Bitcoin and Ethereum (ETH).
Technical indicators also reinforce this bullish outlook, as expectations indicate a possible breach of the bullish flag pattern. Targeting $3 price level.
With its strong network developments and growing adoption, Cardano is well-positioned to achieve this milestone in 2025.
As the ecosystem expands and market confidence increases, these two digital currencies are on track to achieve significant milestones in the coming weeks.
Investors should keep a close eye on these assets as they navigate volatility and take advantage of potential gains in the future.
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