The roller coaster ride that is the cryptocurrency market continued its volatile ways on Dec. 8 every bit Bitcoin (BTC) price briefly slipped below the $49,000 level. Despite the setback, there are nonetheless clear signs that crypto mass adoption is taking place, a prime number example being Visa's declaration that it will launch crypto consulting and advisory services for merchants and banks.

Analysts look that Bitcoin will continue to search for firmer basis and while this process plays out, Ether and a handful of mid and depression-cap altcoins are booking moderate gains.

Top 7 coins with the highest 24-hour cost change. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Tezos (XTZ), WAX (WAXP) and Aleph.im (ALEPH).

Ubisoft launches NFTs on Tezos

Tezos is a layer-ane blockchain protocol that includes a built-in machinery that allows the network to evolve and upgrade over time without the need for hard forks.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for XTZ on Dec. v, prior to the contempo price rising.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparing of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. XTZ price. Source: Cointelegraph Markets Pro

Equally seen in the chart above, the VORTECS™ Score for XTZ began to selection up on Dec. four and climbed to a high of 87 on Dec. 5, around 21 hours before the cost increased sixty.5% over the side by side two days.

The surge in XTZ price took place after Ubisoft, 1 of the meridian three video game companies, announced that it would exist releasing its first line of in-game playable NFTs on the Tezos network, beginning with Ghost Recon: Breakpoint.

WAX welcomes Amazon and Mattel to its ecosystem

WAX is a purpose-built NFT blockchain designed to provide brands with all the tools necessary to launch a NFT drove and brand e-commerce transactions faste and more secure for all parties involved.

VORTECS™ information from Cointelegraph Markets Pro began to detect a bullish outlook for WAXP on Dec. 4, prior to the contempo price rise.

VORTECS™ Score (light-green) vs. WAXP cost. Source: Cointelegraph Markets Pro

Every bit seen in the chart above, the VORTECS™ Score for WAX spiked into the light-green zone on Dec. 4 and reached a high of 81 around twoscore hours before the price increased 84.8% over the side by side two days.

The spike in momentum for WAXP comes every bit information technology was announced that Amazon had entered the WAX ecosystem later making an investment in the collectible market place Dibbs while information technology was as well announced that three leading toy companies, Funko, Mattel and Hasbro, take partnered with WAX for "Sellout Collections."

Related: Bitcoin rebounds on Wall Street open up as substitution BTC reserves plunge after $42K dip

Aleph provides analytics support for Serum

Aleph.im is a cross-chain protocol focused on the creation of a decentralized database including file storage, computing and a decentralized identity (DID) framework.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ALEPH on Dec. 5, prior to the recent price rise.

VORTECS™ Score (dark-green) vs. ALEPH price. Source: Cointelegraph Markets Pro

As seen in the nautical chart above, the VORTECS™ Score for ALEPH hitting a high score of 80 on Dec. 5, around 31 hours earlier the toll increased 38% over the next two days.

The climbing cost of ALEPH comes subsequently the protocol appear that it is at present providing its indexing solution to the Solana-based decentralized commutation Serum, a motility which should assistance to increase the ability to obtain DeFi analytics on the Solana network.

The overall cryptocurrency market cap now stands at $2.373 trillion and Bitcoin'southward dominance rate is forty.ane%.

The views and opinions expressed here are solely those of the author and do non necessarily reverberate the views of Cointelegraph.com. Every investment and trading move involves risk, you should carry your own research when making a determination.