According to recent data from Cryptorank, Grayscale Trust Investment has witnessed a remarkable increase in its cryptocurrency holdings, with a market value rise exceeding 85% in just one month. This significant growth is largely attributed to the outstanding performance of XLM, which has appreciated by over 469% within the same timeframe. Notably, XRP has also demonstrated impressive gains, soaring by 262%. Following closely is MANA, which has recorded a notable increase of over 105%. Market analysts are now forecasting a potential altcoin season starting in early 2025, suggesting that Ethereum could reach a price point of $4,000 by January 20, 2025. This anticipated surge is poised to align with significant political events, potentially impacting market sentiment.
Source: https://en.coinotag.com/breakingnews/xlm-soars-469-grayscale-trusts-cryptocurrency-holdings-surge-over-85-in-market-value/