With November marked by a more than 13% drop in the price of Bitcoin, few cryptocurrencies managed to perform well. However, a few resilient altcoins managed to stand out: find out which ones and why they outperformed, bucking the overall market trend
A Difficult November for the Crypto Market
While Bitcoin’s price posted a negative return of -13% over the past 30 days, Ether, for its part, saw a steeper decline of approximately -17%.
Few altcoins have managed to perform well under such conditions. And yet, some cryptocurrencies are managing to post respectable returns.
Among the top 5 best-performing cryptocurrencies in November are KAS, XMR, QNT, WLFI, and RAIN:
The 5 best-performing cryptocurrencies in November
5 – Kaspa (KAS): +17.3%
Launched in November 2021, the Kaspa project draws heavily on Bitcoin, whether in terms of principles, methodology, or its proof-of-work (PoW) environment.
In fact, Kaspa is based on the GhostDAG protocol, which extends the Nakamoto consensus to a Directed Acyclic Graph (DAG) system, with the goal of making it more scalable than its first implementation, Bitcoin.
Over the past 30 days, the price of the KAS cryptocurrency has risen by more than 17%. Among the potential reasons for this performance is the launch of Kaspa’s first decentralized bridge, which greatly improves its interoperability with EVM blockchains.
Following this major milestone, Dymension has integrated KAS as a base asset. In other words, Dymension’s rollapps can now choose to use KAS to pay gas fees.
In summary, Kaspa has made a significant technological advancement, combined with new demand for KAS.
4 – Monero (XMR): +18.2%
Monero is a blockchain focused on anonymity, where transactions are made untraceable through the use of several cryptographic techniques. Monero’s native cryptocurrency shares the same name as the blockchain and is known by the ticker XMR.
Over the past 30 days, the price of XMR has surged by more than 18%.
Although the reasons behind this price surge remain unclear, it is likely that Monero benefited from a rotation of capital. Indeed, the privacy coin narrative was in full swing during the month of October, particularly with Zcash, which posted exceptional performance over that period.
Thus, it is possible that capital that had shifted away from Zcash has now flowed back into Monero. In fact, XMR remains the highest-market-cap cryptocurrency in the privacy coin sector to this day. It therefore remains a “safe bet” in the minds of investors, regardless of whether there is hype surrounding a particular narrative or not.
3 – Quant (QNT): +23.5%
Quant is a project focused on a very specific segment: institutional interoperability. Unlike most blockchains, which seek to attract users or developers, Quant directly targets banks, companies, and financial infrastructures that want to connect their existing systems to different blockchains without having to rebuild their entire architecture.
Its flagship product, Overledger, is not a blockchain but a multi-chain operating system that allows interaction with multiple public and private blockchains as if they were part of a single environment.
Over the past 30 days, the price of the QNT cryptocurrency has risen by 23.5%.
Chart showing the key milestones of the Quant project in 2025
Among the potential reasons for QNT’s performance, we can notably cite Quant’s collaboration with various institutions, such as the European Central Bank (ECB) on the digital euro (CBDC) project. More recently, Quant announced its participation in a UK tokenized deposits project, launched by a banking consortium in the United Kingdom.
However, a word of caution: beyond the hype, it is difficult to analyze the actual growth or demand for this type of project.
2 – World Liberty Financial (WLFI): +26.7%
World Liberty Financial is a decentralized finance (DeFi) protocol launched in 2024, closely linked to U.S. President Donald Trump and his family. Presented as an attempt to “improve the dollar,” the project consists of two pillars: a stablecoin, the USD1, backed by the U.S. dollar, and a governance token, the WLFI.
Chart showing the market capitalization of the USD1 stablecoin
According to data from the DeFiLlama analytics platform, the USD1 stablecoin is now the 7th-largest stablecoin by market capitalization, with $2.75 billion.
Beyond this fundamental metric, the project recently announced a buyback and burn program for its WLFI token. This type of mechanism is generally very popular with investors, who may view it as a form of value redistribution.
Over the past 30 days, the price of the WLFI cryptocurrency has risen by 26.7%.
1 – Rain: +136.2%
Rain Protocol is a decentralized prediction market built on the Arbitrum blockchain and interoperable with the Base, BNB Chain, and Ethereum blockchains. It aims to be the “Uniswap of prediction markets”: anyone can create markets (public or private) on a wide range of events, without prior authorization.
The RAIN token is the protocol’s native cryptocurrency: it is used to participate in the ecosystem, pay for or participate in markets, and engage in governance. Currently in beta, Rain touts a permissionless model that combines resolutions via oracles and artificial intelligence (AI) systems.
Over the past 30 days, the price of the RAIN token has skyrocketed, rising by 136% during this period.
Among the potential reasons for this surge is the fact that a Nasdaq-listed company chose to invest $212 million in the RAIN token. Indeed, prediction markets are on the rise, as evidenced by recent funding rounds for the two industry leaders, Polymarket and Kalshi.
However, we recommend exercising caution regarding the RAIN token. In fact, companies that adopt a crypto treasury system often have a failing business model, and these strategic shifts are frequently “last-ditch” attempts to stay afloat.
Furthermore, if the company decides to abandon its crypto treasury project, the RAIN token could be significantly impacted.
Honorable Mentions
Among the cryptocurrencies not included in the previous ranking—due to their market capitalization falling outside the Top 100—we can mention:
The TEL token from the Telcoin project, which has risen 100% over the past 30 days.
The MYX token from the MYX Finance decentralized exchange (DEX) for perpetual contracts (perps), with a 66.4% return over the past 30 days.
The BAT token from Basic Attention, the native token of the Brave browser, used to reward users for their attention and to fund a decentralized advertising model, with a 46% return over the past 30 days.
