As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors. While widespread selloffs and bearish sentiment dominate the broader narrative, a few standout altcoins are defying the odds, gaining traction with fundamentals, upcoming upgrades, and growing community support. These digital assets are positioning themselves for major market cap milestones as signs of market stabilization emerge. Against this backdrop, Finbold has identified two cryptocurrencies, Horizen ( ZEN ) and Conflux ( CFX ), as top candidates to achieve a $1 billion market cap in 2025. Horizen (ZEN) Horizen is gaining momentum as it positions itself to potentially hit a $1 billion market cap in 2025. Currently valued at $582 million, ZEN has surged 157% in the last week, with trading volume exceeding $320 million in 24 hours, according to CoinMarketCap data. The spike follows Grayscale’s submission of an 8-K form to the SEC for its Horizen Trust, which privately issued 3.56 million shares linked to 304,034 ZEN tokens worth $4.71 million, signaling increased institutional interest. Horizon price and market cap. Source: CoinMarketCap The surge in price can also be attributed to several factors, including growing market confidence and an influx of investors looking to capitalize on the regulated investment vehicle. Further fueling the bullish outlook, Horizen recently underwent its final halving in December 2024 and plans to transition from Proof of Work to Proof of Stake in 2025, increasing scarcity under its new tokenomics. Amid a broader market recovery, ZEN has emerged as a standout performer. Analysts predict ZEN could reach $50 by March 2025, potentially propelling its market cap to $1 billion as adoption and demand grow. Conflux (CFX) Conflux is gaining traction as it inches closer to a $1 billion market cap, currently valued at $800 million. The token has recorded an 8.31% gain over the past 24 hours, supported by strong trading volumes of $53.67 million. A significant 11.49% rise in open interest, now at $33.88 million, highlights growing investor activity and confidence in CFX’s future price movements. On Binance , long positions on CFX are dominating, with a long/short ratio exceeding 2:1, signaling bullish sentiment among traders. Conflux price and market cap. Source: CoinMarketCap With the broader market showing signs of recovery and increased demand for CFX, the token appears well-positioned to hit this milestone. For investors and traders, both Horizen and Conflux offer compelling opportunities backed by fundamentals and bullish technical indicators . Keeping a close eye on key price levels, trading volumes, and ecosystem developments will be crucial for capitalizing on their potential as these assets gear up for their next phase of growth. Featured image from Shutterstock. The post 2 cryptocurrencies to reach a $1billion market cap in 2025 appeared first on Finbold .
