Key Takeaways
Bitcoin hit a series of all-time highs this week, peaking after newly-confirmed Bitcoin advocate Donald Trump was re-elected as US President. However, despite BTC making the headlines and climbing 10.3% to $76,224, it was far from the best performing cryptocurrency. In fact, it was barely in the top 30 crypto coins, the so-called Layer-1s, by market performance in the week to Nov. 8.
Let’s take a look at some of the best performing crypto coins over the last week.
The best performing crypto coin in the seven days to Nov. 8 2024 wasn’t one of the larger, better-known, cryptos. Instead, it was a relatively obscure Real World Asset (RWA) coin that, according to CoinGecko , barely scraped into the top 1,000 cryptocurrencies by market cap. Hathor’s HTR coin has been around since 2020 and it supports a blockchain that offers users enhanced scalability and security.
Over the course of a week, HTR climbed nearly 80% to $0.06145, thanks to an increased interest in RWAs following Trump’s reelection.
It wasn’t just comparatively niche coins that managed to perform well last week. Cronos, a crypto that serves as the native currency of the Crypto.com exchange, surged over the course of seven days to Nov. 8, thanks to the launch of its 2025 roadmap .
The CRO coin rose to $0.1045, still down considerably from its March high of nearly $0.17, but up 43.4% from where it was at the start of November.
When it came to the big hitters in the world of crypto last week, Cardano led the way. ADA was back in the top 10 cryptos by market cap after a market surge.
A range of factors, such as the blockchain’s busiest day and largest whale activity since September, helped push Charles Hoskinson’s coin up by 26.3% to $0.4294 on Nov. 8 2024.
SOL has been one of cryptocurrency’s biggest success stories in 2024. The blockchain has bloomed thanks to an explosion of memecoins on the platform and stands in the top five cryptos by market cap.
Last week was no exception, with SOL breaking past $200, matching its annual high, and up more than 20% in the seven days to Nov. 8. This was, at least partially, down to the news that Coinbase was launching its own version of Wrapped Bitcoin (WBTC) on the Solana blockchain.
The SUI cryptocurrency enjoyed a strong week last week. Its native blockchain is designed to do what Ethereum (ETH) does, only quicker, cheaper, and more efficiently.
However, in terms of its recent performance, it echoed Bitcoin as a bullish market helped push it up by nearly 20% over the course of a week, hitting an all-time high of $2.36.