Store-of-Value Coins Steal the Spotlight in a Dynamic Month for Crypto

With the crypto economy cruising at $3.67 trillion, some sectors are shining brighter than others. Over the last 30 days, store-of-value coins such as bitcoin (BTC), litecoin (LTC), XRP, bitcoin cash (BCH), monero (XMR), and dash (DASH) have led the pack.

Store-of-Value, Smart Contracts, RWAs, File Storage, and Social Coins Lead the Way This Month

The past month has been nothing short of eventful in the crypto world. Over the last 30 days, Artemis Terminal at artemis.xyz reveals that store-of-value digital currencies have outshined every other sector. As outlined in the platform’s “Sector Performance” section, the weighted average for the month highlights the percentage change across various token sectors, factoring in the influence of individual token weights.

Artemis Terminal Sector Performance on from Nov. 8 to Dec. 6, 2024.

XRP propelled the store-of-value (SoV) coins to their current high-ranking status with an impressive 30-day climb of 343%. Bitcoin cash (BCH) chipped in with a 63% rise, while litecoin (LTC) contributed with a 91% leap. Altogether, SoV coins saw a 257% boost over the past month.

Hot on their heels were generation 1 smart contract tokens, which posted a 219% rise, largely driven by cardano’s (ADA) 239% jump and hedera’s (HBAR) eye-popping 646% surge this month. Next in line were real-world-asset (RWA) coins, gaining 145% as a group. This included standouts like ondo, mantra, and clearpool, with increases ranging from 90% to 180%.

At press time, there’s $13.6 billion in real-world-assets (RWAs) onchain according to rwa.xyz metrics on Dec. 6, 2024.

File storage coins followed closely, climbing 117%, fueled by filecoin, chia, and storj, which saw growth of 55% to 128%. Rounding out the top five, social crypto assets soared 105%, with notable gains from chiliz, basic attention, and audius, each rising between 87% and 111% over the month. Moreover, it’s officially Altcoin Season, according to the Altcoin Season Index (ASI), and it has been since Dec. 2, 2024—spanning the past four days.

Despite this, bitcoin (BTC), as a store-of-value (SoV) coin, has climbed over 92% during the previous season, which covers a 90-day period. The steady rise of SoV coins highlights a pattern of investor confidence in established digital assets during times of heightened market activity. While the Altcoin Season Index points to growing momentum for alternative tokens, bitcoin’s consistent performance, along with its SoV peers, reflects their lasting importance as cornerstones in the ever-changing world of cryptocurrency.