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The past year was incredible for the crypto industry amid the confluence of several tailwinds starting with the approval of Bitcoin spot exchange-traded funds (ETFs) in January.

Ethereum's NFT trading volume surged to $186 million last week, marking a 67% increase from the previous week's $111 million.

Here's a quick rundown of how some of your favorite assets wrapped up the week.

Bonk has retaken its position as Solana's leading meme coin, reaching a market capitalization of $2.5 billion. The recent surge was after a community-driven token burn and price increase.

LDO and DYDX are among the top gainers in the past 24 hours as cryptocurrencies look to end the year on a high. This is amid expectations of a further bull market rally in 2025, buoyed by a pro-crypto Donald Trump administration.

Ethereum NFT trading volume surged to $186 million last week, a 67% increase from the previous week.

The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token's rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days.

Cryptocurrencies exhibited mixed signals on Thursday as Bitcoin struggled around the $95,000 mark. While sellers threatened continued dips, MOON DENG, PENGU, and Ripple's XRP had optimistic updates for their communities. Let us find out more. MOODENG explodes in gloomy markets Digital assets traded in red today as the global cryptocurrency market cap plummeted 3.

Pudgy Penguins (PENGU) price has surged 12% in the last 24 hours, surpassing BONK to become the largest meme coin in the Solana ecosystem with a market cap of approximately $2.5 billion.

The broader Solana meme coin market surged to $18.2 billion, representing a 10.3% increase over the last day, driven by PENGU's performance.

PENGU meme coin jumps 28% as Pudgy Penguins creator challenges Dogecoin dominance. Is this the next big crypto contender? Here's what you need to know. The post PENGU Meme Coin Surges 28% as Pudgy Penguins Creator Takes Shots at Dogecoin – Can it Overtake DOGE? appeared first on Cryptonews.

Cryptocurrency prices today showed overall gains, with the global crypto market cap rising 3.50% to $3.44 trillion. The total trading volume over the last 24 hours has decreased by 16% due to Christmas.

Solana (SOL) reached a new daily transaction record, handling 72M transfers, despite a 37% transaction failure rate. Solana gets a boost from meme token activity and the spike of Pengu (PENGU) trading.

Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu.

Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.

The crypto market is now stabilizing after facing a rough patch, with the total market cap now holding firm roots at $3.31 trillion. The intraday trade however saw a decline of 1.50%, taking the numbers to $150.08 billion.

The Pudgy Penguins (CRYPTO: PENGU) meme coin is seeing a surge in interest, fueled by new exchange listings, bullish sentiment and whale accumulation. What Happened: Onchain Lens data shows that a newly created wallet acquired 519.99 million PENGU tokens, valued at $14.72 million, via Binance.

The crypto market faced a pullback following its recent rally, leading to corrections across altcoins. Meme coins were no exception, though Fartcoin and a few others defied the trend, drawing investor interest due to their unique and absurd appeal.

Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday. What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.

The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.

PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.

The start of the week was extremely bullish, as the Bitcoin price broke out of consolidation and surged above $107,700, forming a new ATH. This triggered a massive bullish wave across the markets, with more altcoins gaining strength and printing huge bullish candles.

The crypto market today is showing a minor pullback, with the total market cap slipping by 2.81% to $3.63 trillion. The intraday trading volumes too have taken a hit of 3.50% to $192.27 billion. The reddish numbers have come as a surprise, as Bitcoin claimed a new ATH above $108k.

Crypto prices today saw major fluctuations as Bitcoin (BTC) hit a new all-time high of $108,000 before retreating below $106,000, showcasing significant volatility in recent trading. Meanwhile, Pudgy Penguins (PENGU), a token launched just yesterday, recorded a remarkable 550% surge within 24 hours, propelling it into the top 100 cryptocurrencies by market cap.