šŸšØ Web3 2025: The Hottest Trends and Insights You Need to Know

Author

CoinGape Media
January 20, 2025

News

The crypto communityā€™s focus is still on the prolonged XRP lawsuit despite the buzz surrounding Donald Trumpā€™s TRUMP memecoin launch. With Trumpā€™s inauguration and SEC Chair Gary Genslerā€™s resignation, the XRPArmy anticipates an imminent resolution in the Ripple vs SEC case. However, legal experts such as Securities attorney Marc Fagel warn about the Ripple vs SEC caseā€™s unpredictable nature, predicting a possible 10-month delay. The controversy surrounding Trumpā€™s token launch has reignited the discussion on the much-awaited XRP lawsuit settlement.

In an unprecedented turn of events, Elon Muskā€™s Department of Government Efficiency (D.O.G.E.), an advisory panel under Donald Trumpā€™s presidency, appears to have encountered a severe setback as it faces a lawsuit. Notably, recent reports from across the globe reveal that the advisory panel is being sued right after Donald Trump takes office on Monday. As a result, the crypto realm remains cautious as speculations of Dogecoin price taking a blow also persist, given Muskā€™s massive influence on the token.

Donald Trumpā€™s inauguration as the 47th US President, marking the beginning of his second presidential term, has sparked excitement in the crypto space. While Trump has announced plans for 100+ executive orders, the community expects a crypto revamp. According to expert predictions, potential policy changes under the new administration may include revisions to banksā€™ crypto trading practices, ending the controversial Operation Chokepoint 2.0. In a Reuters report, Circle CEO Jeremy Allaire stated that Trump would announce the much-awaited executive orders immediately after his inauguration. Allaire believes Trumpā€™s new policies will make it easier for banks to offer crypto trading services, enabling clients to invest in and hold digital assets.

Markets

The crypto prices today showcased a blend of bullish and bearish trends, with Bitcoin (BTC) breaking its all-time high after touching $101K earlier. Former U.S. President Donald Trump is set to officially kick off his presidential campaign today, grabbing attention in the crypto space. Just two days before the event, Trump launched his meme coin, ā€œTRUMP Coin,ā€ which surged by 55% in the last 24 hours. Adding to the excitement, Melania Trump revealed her meme coin (MELANIA) today, witnessing an extraordinary 2000% surge post-launch. Despite these notable launches, the global crypto market cap dropped by around 4%, settling at $3.48 trillion. However, trading activity intensified, with volume spiking by 74% to reach $336 billion. Hereā€™s an in-depth look at the major cryptocurrencies and their performance as per the crypto prices today.

The long-anticipated Altseason appears to be on the horizon, promising an exhilarating market phase where altcoins could deliver massive returns. Savvy investors are closely monitoring potential winners poised for explosive growth. Drawing from the latest market data, ecosystem updates, and community sentiment, hereā€™s a closer look at five altcoins to watch in 2025.

With Donald Trumpā€™s inauguration hours away, Ethereum price is showing strength after rallying -0.81% today. In addition to the aforementioned event, multiple outlooks suggest that ETH will soon witness an up-only rally. One on-chain metric shows that the price could skyrocket soon and hit $7,000 in an act of reversing to the mean.

The year 2024 was transformative for the Web3 ecosystem, witnessing rapid advancements, significant market shifts, and evolving regulatory landscapes. This analysis highlights the key crypto trends that have defined the year, supported by relevant data and insights, providing early to medium-scale crypto investors with a comprehensive understanding of what has transpired in the Web3 space.