Top Movers February 2025

February 2025 saw notable changes in the crypto market, with some assets showing resilience while others faced corrections. Among the best-performing tokens were Maker (MKR) and Litecoin (LTC). Maker increased by +41.7%, closing the month at $1,581.56. This performance was driven by increased demand for decentralized finance (DeFi) services, which boosted interest in the Maker Protocol. The stability of DAI, a decentralized stablecoin (a cryptocurrency tied to the value of a traditional asset, like the U.S dollar), issued by MakerDAO (a decentralized lending platform), also contributed to Maker's performance.

Litecoin gained +11.91%, finishing February at $127.96. Increased adoption of Litecoin as a transactional cryptocurrency helped support this result, with its fast transaction processing and low fees making it a popular choice for everyday payments.

Memecoins and Altcoins Struggle

Memecoins and altcoins had a challenging month, with many tokens seeing declines. TRUMP, BONK, DOGE, and PEPE all experienced losses exceeding 38%. This occurred during a period when market activity shifted toward established cryptocurrencies. Investors took profits after strong gains in previous months, and there was increasing discussion about potential regulations on memecoins.

Other altcoins also faced losses, with Chainlink, Uniswap, and Aave recording drops. This trend reflected a preference among investors for projects with clear use cases and a strong foundation. Solana (SOL) decreased by -26.80%, closing at $148.03 after reaching a low of $125.74. A slowdown in trading volume on the Solana blockchain and a decline in the value of Solana-based assets contributed to this decrease.

Bitcoin and Ethereum Face an Unusual February

Historically, February has been a strong month for Bitcoin and Ethereum, but February 2025 defied expectations with a downturn for both. Bitcoin decreased by -18.81%, closing the month at $84,373.01 after touching a low of $78,248.91. This decline was influenced by several factors, including macroeconomic uncertainty, especially regarding inflation and potential interest rate hikes in the U.S. The Federal Reserve’s cautious approach to interest rate cuts, holding them in the 4.25%-4.50% range with only two projected cuts for the year, limited liquidity for investments in assets like Bitcoin.

Additionally, geopolitical tensions and discussions of potential trade wars added to market volatility. While this drop marked Bitcoin's lowest price in 2025, it can also be seen as a healthy correction following a period of substantial growth. Historically, Bitcoin has shown resilience after such corrections, particularly following halving events.

Ethereum decreased by -29.42%, ending February at $2,237.91 after reaching a low of $2,076.17. This marked its largest monthly drop in two years and coincided with a slowdown in network activity and discussions surrounding scalability challenges and the ongoing transition to Ethereum 2.0. This decline aligns with a broader trend in Ethereum, as it approaches a two-year low, with a critical support level at $2,000. Breaking below this level could signal further decline, while holding above it could indicate a potential recovery.

Bonus Track: Trump’s Crypto Reserve Announcement

On March 2, U.S. President Donald Trump announced the creation of a strategic cryptocurrency reserve, emphasizing the growing role of digital assets in financial markets. This announcement sparked discussion within the crypto community about its potential impact.

Additionally, on March 7, the White House will host a Crypto Summit, bringing policymakers and industry leaders together to discuss the future of digital assets. Key outcomes from this event could include:

1. Altseason acceleration: Increased regulatory clarity could drive capital into altcoins.
2. Crypto equities rally: Stocks related to crypto could rise with clearer regulations.
3. Stablecoin integration: U.S. policies may encourage stablecoin adoption.
4. New institutional on-ramps: ETFs and tokenized assets could become more common.
5. Nation-state accumulation race: Governments might accelerate crypto accumulation.

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*Past performance is not a guarantee of future performance