The decentralized finance (DeFi) ecosystem allows traders to execute transactions easily without the presence of intermediaries. Based on DefiLlama, the DeFi total value locked (TVL) is $121B, which is about a 150% rise from its 2023 value.
With the immense potential of the DeFi market, this guide will explore 5 DeFi coins, which could soar by 50% in Q1 2025. The Coins are Solana, Ethereum, BNB, XRP, and Elluminex. While SOL, ETH, BNB, and XRP hold the top position on CoinMarketCap, Elluminex is introducing DeFi to the over 950M users of the TON blockchain, a move that could put the ecosystem as a direct rival to other popular DeFi protocols.
Despite Recent Dip, Solana Price Set For $350 Soon
Due to market uncertainties, the Solana coin price has dropped below the critical $200 support level. Despite this downtick, traders remain bullish about Solana’s future. An expert on X, Crypto Batman, observed that Solana has returned to a strong support zone. Batman thinks now is the ideal time to add top coins like Solana in portfolios because it is at a solid support level.
Solana’s year-to-date price metrics show an above 135% growth. As per CoinMarketCap, the SOL price dipped 23% in the past month and 1.42% in the past 24 hours. On the bright side, the Solana trading volume has soared by 31.22% in the past 7 days, which signals the likelihood of a resurgence and possibly a rally soon.
Solana market sentiment remains bearish, having recorded more than 11 green days in the past month. The altcoin price is still above the 50-day SMA, as shown by Tradingview, despite the rising market activity. Although several key oscillators are flashing sell signals, if Solana can pass the $208.57, $222.22, and $282.35 resistance levels, it could reach $350 by 2025.
Speculators Forecasts Breakout For Ethereum Coin, Anticipates New ATH
Ethereum (ETH) is one of the top DeFi coins that has witnessed massive selloffs in the past months, mainly from the Ethereum Foundation. As per stats from CoinMarketCap, Ethereum’s price has declined by 17% in the past week, pushing the altcoin below the $3000 support zone. Despite this gloomy situation, crypto traders’ confidence is high as observed by the rising market activity.
Ted Pillows, an analyst on X, observed that the $4k threshold is the new $1.4 mark, which the Ethereum token was rejected before a successful breakout in the 2020-2021 cycle. Ted thinks a similar pattern is forming. As such, once the Ethereum crypto price closes above the $4,100 zone, it will hit a new ATH.
Ethereum’s 14-day RSI is 49, which means the coin is neither oversold nor overbought. While the Average Directional Index (14) is tilting toward a sell action, the Stochastic Fast (14) is flashing a buy signal. In their Ethereum price prediction, Coincodex projects a rise to $3,951 in the short term, while a popular analyst on X Crypto Rover claims Ethereum will explode soon.
Crypto Speculators Bet Big On BNB Coin, Forecasts Breakout To $760
Binance Coin (BNB) has dashed traders’ hopes of hitting the $1000 mark in Q4 after setting a new all-time high price of $793 in early December. Based on CoinMarketCap data, the Binance coin price has dipped by 10% in the past week as it struggles to retain its previous highs.
Observing BNB token movement, an analyst on X, The Cryptomist, claims a nice ascending triangle is forming in the BNB price chart. Based on the tweet, this could lead toward a breakout, with the first target at the $760 zone.
BNB market sentiment is bearish, while its 14-day RSI remains neutral at 50. Also, while the Fear and Greed index is 74 (Greed), price volatility is 6%. Although BNB trades below the 50-day SMA, market players are optimistic about a reversal soon. With the growing influence of the Binance exchange, the BNB crypto remains one of the DeFi tokens to watch in Q1 of 2025.
XRP Price Expected To Hit $6 Following Correction Pattern
Ripple (XRP) has continued to exhibit bullish momentum despite being rejected at the key resistance level of $2.7. While giving insights about the coin on the X social media platform, a popular crypto analyst, CryptoBull, sees the XRP token completing a correction pattern. CryptoBull claims once this phase is finished, the XRP price will reach $6 soon.
The recent market downturn has wiped out most of the gains the XRP coin recorded in the past week, with the altcoin price dropping by 8% weeks ago, as per CoinMarketCap. However, the growing XRP trading volume could trigger a resurgence, which might see it retest the $3.4 resistance zone.
After recording more than 17 green days in the 30D timeframe, the XRP market sentiment remains bullish. While the DeFi coin is trading above the 50-day SMA as per Tradingview, the Fear and Greed index is 74, a bullish signal. With the various integrations and developments going on in the ecosystem, the XRP value will continue its rise, making it one of the DeFi coins to buy this bull cycle.
Elluminex: The Revolutionary DeFi Platform On The TON Blockchain With Innovative Features
Despite its astronomical development, the DeFi market still faces challenges, including fragmented liquidity, complex interfaces, and high fees. On this premise, Elluminex (ELX) is launching a DeFi protocol on the TON blockchain, which, despite being the fast-growing blockchain network, remains hugely untapped. In addition to resolving these problems, Elluminex aims to harness the full potential of the DeFi ecosystem.
The Elluminex DeFi protocol aims to connect isolated blockchains in order to offer users a level of liquidity that is hard to match by other platforms. In essence, Elluminex is built with features that will allow users to trade, earn, bridge, and track assets in one secure and easy-to-use environment.
Through the Elluminex DEX, users can trade various assets without worrying about security. Meanwhile, the staking and farming model enables users to earn by staking, providing liquidity to the ecosystem. Likewise, Elluminex boasts an AI-powered portfolio tracker that allows users to monitor their transactions and get updates on current market trends.
Users who want to learn about trading can do so in the Elluminex educational DeFi platform. As a next-generation DeFi hub, Elluminex features innovative tokenomics with just a 350M total supply and a deflationary mechanism. Given all these unique features, the demand for the ELX token is set to rise in the coming weeks, making it one of the best DeFi coins to invest in 2025.
What Are The Top DeFi Coins To Watch Out For In 2025?
The DeFi space is filled with many Top DeFi coins with high growth potential. Solana, Ethereum, BNB, and XRP are good options to add heading into the new year. They have immense strength and the potential to set new ATH in the coming weeks.
However, Elluminex, although new, could offer more ROI, given the massive features and the innovative tokenomics. Adding to the fact that it is coming to resolve age-long DeFi problems, its adoption is likely to grow rapidly which might see the ELX price hit 100x in the short term.
For more information about Elluminex (ELX) visit the links below:
