Crypto Market Today October 24: LIBERTY Soars 200%, MET Plunges 15%

 

Crypto Market Update October 24, 2025: Fidelity Adds Solana, Bitcoin Surges, Trump-China Summit in Focus

The global cryptocurrency market continues to show resilience and volatility as of October 24, 2025, with investors closely monitoring macroeconomic developments, major asset listings, and geopolitical events. The total market capitalization of cryptocurrencies currently stands at $3.81 trillion, reflecting a 1.6% increase over the past 24 hours. Daily trading volume reached $154 billion, highlighting steady liquidity across major digital assets.

Bitcoin (BTC) maintains its dominant position with a 57.9% market share, while Ethereum (ETH) commands 12.3% of total capitalization. In total, over 19,300 cryptocurrencies are being tracked by global investors, reflecting the expanding breadth and depth of the crypto ecosystem.

Bitcoin and Ethereum Price Movements

Bitcoin remains at the forefront of the cryptocurrency market, priced today at $110,604, up 2.3% over the last 24 hours. With $54 billion in trading volume and a market capitalization of $2.2 trillion, Bitcoin continues to dominate both retail and institutional portfolios.

Ethereum, the second-largest cryptocurrency, trades at $3,882, up 1.7% in the past day. The asset’s $468 billion market capitalization and $31 billion trading volume indicate strong interest among investors seeking exposure to smart contract platforms and DeFi protocols.

Top Performing Cryptocurrencies and Market Trends

Several altcoins are exhibiting significant volatility today. The top five trending cryptocurrencies include:

• Meteora (MET): $0.5808, down 15.5%, trading volume $254 million

• Aster (ASTER): $1.13, up 16.8%, trading volume $792 million

• Bitcoin (BTC): $110,604, up 2.3%, trading volume $54 billion

• Solana (SOL): $192.72, up 6%, trading volume $6.4 billion

• Limitless (LMTS): $0.2646, up 8.6%, trading volume $8.6 million

Top three gainers in terms of percentage growth include:

• Torch of Liberty (LIBERTY): surging 206.7% to $0.05006, with $3.07 million in volume

• XPIN Network (XPIN): rising 67.9% to $0.008279, trading volume $263.16 million

• 4 (4): climbing 64.3% to $0.1452, trading volume $108.93 million

Meanwhile, some tokens faced steep losses over the same period:

• MBG (Multibank Group): down 48.2% to $0.5015, trading volume $16 million

• SAROS (Saros): down 44.2% to $0.1164, trading volume $25 million

• PAPARAZZI (Paparazzi Token): down 31.6% to $0.02147, trading volume $650,000

Stablecoins currently hold a $312 billion market capitalization, with a daily trading volume of $127 billion, showing a modest 0.1% increase. The decentralized finance (DeFi) sector demonstrates significant growth, with a market cap of $138 billion, up 2.9%, and trading volume of $8.18 billion. DeFi dominance remains at 3.6%, reflecting steady investor interest in decentralized lending, staking, and yield farming protocols.

The Fear & Greed Index — a measure of market sentiment — currently stands at 30, indicating a cautious market environment. Compared to yesterday’s reading of 27, the sentiment shows slight improvement. Last week’s extreme fear index of 22 and the previous month’s 44 suggest that traders are gradually regaining confidence, but caution still prevails as investors await clearer market signals before entering large positions.

Major News Influencing the Market

Several key developments are shaping market activity today, including institutional adoption, regulatory updates, and geopolitical events:

Source: Forex Factory

1. Fidelity Adds Solana
Fidelity Digital Assets, one of the leading institutional crypto service providers, announced the addition of Solana (SOL) to its list of supported assets. Previously offering Bitcoin, Ethereum, and Litecoin, Fidelity now allows institutional and retail investors, IRAs, and wealth managers broader access to Solana’s blockchain ecosystem. This move is expected to increase Solana liquidity and adoption, providing more options for portfolio diversification.

2. Coinbase Listings: MET and APR
Coinbase confirmed the listing of aPriori (APR) and Meteora (MET) for spot trading. The APR-USD and MET-USD trading pairs went live today, contingent on liquidity. aPriori is designed to facilitate MEV (Maximal Extractable Value) and liquid staking, while Meteora enhances dynamic liquidity on the Solana blockchain, attracting attention from active traders and institutional players.

3. Clanker Joins Farcaster
In a strategic ecosystem update, Base-based launchpad Clanker joined the Farcaster network. The project revamped its tokenomics, allocating two-thirds of protocol fees to buy and hold $CLANKER, burning old ecosystem tokens, and locking 7% of its supply in a one-sided liquidity pool to enhance stability. This move reflects a broader trend of restructuring token economies to support long-term value retention.

4. Trump-China APEC Summit
In geopolitical news, the White House confirmed that U.S. President Donald Trump will meet Chinese President Xi Jinping next Thursday during the APEC summit in South Korea. This will be their first in-person discussion since Trump’s return to office in January, signaling renewed diplomatic engagement and potential implications for global trade, investment, and cross-border crypto regulations.

5. U.S. Federal Reserve Balance Sheet Declines
The U.S. Federal Reserve reported that its balance sheet fell to $6.6 trillion, the lowest level since April 2020. As a percentage of GDP, total assets now stand at 21.6%, marking a record reduction of $2.37 trillion since 2022. This historic contraction underscores tighter monetary conditions and has broad implications for risk assets, including cryptocurrencies, as investors weigh liquidity and interest rate dynamics.

Market Analysis and Outlook

Market analysts note that Bitcoin and Ethereum’s recent gains reflect cautious optimism amid broader market stabilization. Solana’s 6% surge is particularly noteworthy following Fidelity’s listing, indicating that institutional recognition can have a direct impact on altcoin performance.

Source: Alternative Me

The broader market shows mixed signals: DeFi growth is encouraging, yet high volatility in smaller tokens like Meteora and Torch of Liberty highlights the ongoing speculative nature of many crypto assets. Traders are advised to consider both macroeconomic indicators and project-specific developments when planning their strategies.

Investor Takeaways

1. Institutional Adoption Matters: Fidelity’s addition of Solana illustrates how institutional support can boost an asset’s credibility and liquidity.

2. Stay Informed on Geopolitics: Events like the Trump-Xi meeting can indirectly affect crypto markets through trade, sanctions, and regulatory expectations.

3. Monitor Sentiment: The Fear & Greed Index remains a useful tool for gauging market psychology, helping investors balance risk and opportunity.

4. DeFi Remains Attractive: Despite market fluctuations, decentralized finance continues to grow, offering innovative options for investors.

5. Diversification is Key: With nearly 20,000 cryptocurrencies in circulation, portfolio diversification and awareness of token-specific trends are essential for risk management.

Conclusion

The cryptocurrency market on October 24, 2025, reflects a combination of resilience, opportunity, and caution. Institutional moves such as Fidelity’s inclusion of Solana, coupled with new exchange listings and geopolitical developments, suggest a maturing yet volatile market landscape. While leading assets like Bitcoin and Ethereum continue to show steady growth, smaller tokens remain highly dynamic, creating both opportunities and risks for investors.

As always, market participants are advised to maintain informed strategies, consider macroeconomic and geopolitical factors, and leverage trusted tools and platforms for trading and investment decisions. The evolving nature of cryptocurrencies ensures that daily monitoring and awareness remain essential for both seasoned traders and newcomers entering the space.

Writer @Ellena

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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