š 2 cryptocurrencies to reach $50 billion market cap by year-end
This week, the cryptocurrency market saw a notable surge following a strong Republican victory in the U.S. elections, with Donald Trump securing a second term. Bitcoin (BTC) reached a fresh all-time high, climbing above $77,000 on Friday as renewed optimism flooded the market.
This upward momentum has boosted Bitcoin and spurred growth across the broader crypto market, elevating major altcoins and setting some on a path toward key market cap milestones.
In light of this rally, Finbold has identified two altcoins, Avalanche (AVAX) and Dogecoin (DOGE), that exhibit strong potential to reach a $50 billion market cap by the end of the year, backed by unique growth drivers and increasing institutional interest.
šø Avalanche (#AVAX)
Avalanche has shown significant growth potential with its expanding role in real-world asset (RWA) tokenization, a sector increasingly integrated into the digital finance landscape.
Currently priced at $29.47 with a market cap of approximately $12 billion, AVAX has gained 7% in a single day and 17% over the past week.
The platformās high transaction throughput, capable of handling up to 6,500 transactions per second, has positioned Avalanche as an attractive choice for tokenized finance. Notably, the project has also made headlines in the mainstream gaming landscape with āOff The Grid,ā
This scalability has drawn major players, including Franklin Templeton, and Grayscale, to issue tokenized assets on Avalancheās network, highlighting its credibility in supporting large-scale financial products.
Furthermore, Avalancheās recent collaboration with Securitize, a leading protocol in tokenized securities, to tokenize a portion of ParaFi Capitalās $1.2 billion fund shows its growing influence in this space.
Many enthusiasts view Trumpās win as a positive development for Dogecoin, as it could bring increased media attention, especially given Elon Muskās playful support of the coin and his proposed Department of Government Efficiency (DOGE).
