After a brief consolidation phase, the crypto market is ready for the next leg up. Bitcoin is leading the charge with a surge that saw it reach a new all-time high of $105k. Binance Coin (BNB) is also seeing green candles, as it rebounded by 13% after the market-wide correction of the previous week.

Uniswap (UNI) has been making waves in the crypto market after recording an impressive rally in November. The UNI token rose by over 160%, driving optimism among market players. However, the last two weeks have seen Uniswap enter a consolidation period, allowing new buyers to enter the market before it breaks out again.

Solana, Uniswap, and Elluminex remain undervalued, with Elluminex poised to tap into a 1 billion-user market.

With the recent ETH rally, big players have accumulated tremendous wealth and are ending the year with significant profits. However, a promising Ethereum rival, Elluminex, is coming on the TON blockchain to revolutionize the DeFi sector and take it to another level.