Cryptocurrency values remained stable on Saturday, December 14, as the recent trend of consolidation persisted.

Bitcoin (BTC), the leading cryptocurrency, held above $101,382 during Saturday’s updates, as it aimed to retest its all-time high of $104,000. VanEck forecasts a rise to $180,000 by 2025.

Happy Cat (HAPPY), HyperLiquid (HYPE), and Virtuals Protocol (VIRTUAL) were among the top-performing coins on Saturday.

Happy Cat price surges after Uphold listing

HAPPY, a rapidly growing Solana meme coin, surged by 35%, while HYPE and Virtuals increased by 15% and 10%, respectively. Other notable gainers included Raydium, Ripple, Fantom, and Flare.

The price rally for Happy Cat was primarily attributed to its listing on Uphold, one of the largest crypto exchanges. Tokens often see price increases after being listed on significant exchanges.

However, there is concern as the number of tokens available on exchanges has risen by 14% over the past week, surpassing 464.95 million. An uptick in tokens on exchanges can indicate growing selling pressure from investors.

Hyperliquid network sees significant volume growth

Hyperliquid’s increase can be linked to its solid fundamentals. The volume of perpetual contracts on its platform rose by 33% over the last week to reach $37.62 billion.

This surge brought its total trading volume to over $507 billion, a trend that is likely to continue. Its volume was even higher than the combined trading volumes of Base, Solana, Ethereum, and Arbitrum.

The Hyperliquid token also experienced a boost after being listed on Sandwich, a swiftly growing privacy-focused exchange.

Virtuals Protocol achieves $2.5 billion market cap

Virtuals Protocol has also experienced commendable growth, climbing from $0.0074 to $2.61 today and achieving a market cap exceeding $2.5 billion.

It has established itself as a significant player within the Base blockchain, bolstered by the rising interest in artificial intelligence agents.

Virtuals Protocol was designed as a platform for deploying AI-driven virtual characters on an Ethereum Layer 2 solution.

These AI agents are capable of functioning autonomously and interacting across different ecosystems.

Looking forward, the performance of many altcoins will hinge on Bitcoin’s short-term performance. Many of them are likely to see continued growth if Bitcoin retests and surpasses its all-time high.

As noted previously, technical indicators suggest a potential uptick to $122,000 in this bullish cycle.