Cryptocurrency Markets Witness Uptick in Leading Assets Over Daily Period
The crypto market is abuzz with excitement as a surge in DeFi tokens, Layer 1 blockchains, and even meme coins indicates a growing interest in these categories. Here's a rundown of some of the top performers that have caught the attention of investors over the past 24 hours.
Layer 1 Blockchains
Leading the pack is Ethereum (ETH), which has gained an impressive 27% over the past week. Binance Coin (BNB) follows closely with a 12% increase last week, fueled by bullish technical momentum and significant institutional buying. Solana (SOL) has pumped by 20% in the past week, while Cardano (ADA) stands out with 33% weekly gains and 12% daily gains, recently crossing the $1 mark. Algorand (ALGO) is also notable, trading currently at about $0.2772, supported by its scalability and enterprise adoption.
Among these, Sui (SUI) is a promising newcomer. In the last 24 hours, SUI's price has shown a 0.78% gain, and its trading volume has surged by roughly 20–130%. Over the past week, SUI has demonstrated about 10% weekly gains and impressive yearly gains around 480%. Its monthly gains are close to 60%, placing it near other top performers HBAR and ICP in the Layer 1 category.
DeFi and Layer 1 Tokens
Aerodrome Finance led the gainers with a 23.94% increase, reaching a price of $1.09 and a trading volume of approximately $274.7 million. Pi also saw a solid advance of 19.51%, reaching a price of $0.4352 and a trading volume of about $145.7 million. Arbitrum's price increased 9.76%, closing at $0.4633 with a volume of nearly $345.5 million. Tezos experienced a 12.91% price increase, trading at $0.9234 with an $88.15 million volume. Chainlink closed at $20.88 with the highest 24-hour volume on the list, approximately $1.4 billion. Sei also showed growth of 8.13%, priced at $0.334,9, with $187.4 million traded over 24 hours.
Meme Coins
Pepe, the meme coin, gained 10.76% amid $1B+ trading volume despite a low price. Despite the low price point of $0.00001235, Pepe's 24-hour volume exceeded $1 billion, showing big market activity.
Other Notable Mentions
KuCoin Token rose by 9.97% to $11.38, despite a relatively low trading volume of $9.64 million compared to other gainers. Curve DAO Token traded at $0.9899, recording a volume of $343.3 million.
In summary, Ethereum, Binance Coin, Solana, and Cardano lead in gains and market presence among Layer 1 tokens, with Sui showing high volume and strong recent growth. These tokens are key drivers in 2025's Layer 1 and DeFi markets based on gains and trading volume over the past day and week. The large trading volume, combined with price appreciation, points to substantial engagement from traders in these projects.
- The crypto market is witnessing a surge in interest in DeFi tokens, Layer 1 blockchains, and even meme coins, demonstrating a growing trend.
- Ethereum, Binance Coin, Solana, and Cardano are leading in gains and market presence among Layer 1 tokens, with Sui showing high volume and strong recent growth.
- Among the top performers in the DeFi and Layer 1 token category, Aerodrome Finance led the gainers with a 23.94% increase, followed by Pi, Arbitrum, Tezos, and Chainlink.
- Meme coin Pepe gained 10.76% amid $1B+ trading volume, despite a low price.
- KuCoin Token and Curve DAO Token are other notable mentions, with KuCoin Token rising by 9.97% and Curve DAO Token trading at $0.9899.
- The large trading volume, combined with price appreciation, indicates substantial engagement from traders in these projects, positioning them as key drivers in 2025's Layer 1 and DeFi markets.
