Biggest Altcoin Gainers of the First Week of January 2025

From beincrypto by Tiago Amaral

Three altcoins are in the spotlight this week, with Fartcoin (FARTCOIN), SPX6900 (SPX), and Ethena (ENA) delivering impressive performances. FARTCOIN, a rising star in the meme coin space, surged 67% in the past seven days, hitting new all-time highs and securing its place as the fifth-largest meme coin on  Solana .

SPX also reached a new all-time high with a market cap of $1.22 billion, climbing 63% this week, despite a slight dip in trading volume. Ethena (ENA), meanwhile, gained 37% following the release of its 2025 roadmap.

Fartcoin (FARTCOIN)

FARTCOIN , first launched on Pump.fun, now has a $1.4 billion market cap and surged 67% in the past seven days. The coin has consistently hit new all-time highs over recent weeks, solidifying its position as the fifth-largest meme coin on  Solana .

Its EMA lines remain bullish, signaling potential for continued upward momentum. If the uptrend persists,  FARTCOIN  could test the $1.61 resistance, and a breakout could push the price to $1.7 or even $1.8.

  FARTCOIN Price Analysis. Source: TradingView

However, if the support at $1.299 fails to hold, a sharp correction could ensue, potentially driving the price down to $0.92 and below the $1 mark.

SPX6900 (SPX)

SPX  has achieved a new all-time high, with its market cap reaching $1.22 billion, placing it among the top 100 largest altcoins. The coin has surged 63% over the last seven days, showcasing strong bullish momentum despite a 27% drop in trading volume over the past 24 hours.

  SPX Price Analysis. Source: TradingView

If the uptrend continues, SPX could rise further to test resistance levels at $1.40 and potentially $1.50 for the first time. However, if the trend reverses, SPX could retest its closest strong support at $0.93.

A break below this level could trigger further declines, pushing the price down to $0.819 or even $0.615.

Ethena (ENA)

Ethena, an  Ethereum -based platform building a synthetic dollar, has emerged as one of the top-performing altcoins this week, with its price surging 37% in the last seven days.

The announcement of its 2025 roadmap, which includes a  Telegram payments app and plans for TradFi adoption , has fueled significant investor interest.

ENA Price Analysis. Source:  TradingView

With a market cap of $3.77 billion,  ENA  is now just 19% below its previous all-time high. If the uptrend persists, ENA could break the $1.32 resistance and move closer to testing its all-time high of $1.50.

However, if momentum fades, ENA may retest the $1.12 support level, and a failure to hold that could push the price down to $1.01.