Fresh data reported today by CMC revealed that the virtual currency market ended the week strong, with multiple altcoins posting double-digit gains.
According to the price gains (as illustrated in the data), the cryptocurrency market logged a strong increase, suggesting wide investor optimism across diverse digital assets.
Top Performers of the Week
Tezos (XTZ): A Remarkable 77.81% Rise
As per the data, Tezos (XTZ) is at the top, meaning it the cryptocurrency that recorded the highest price gain over the past seven days. The price of the decentralized protocol has surged by a whopping 77.81% over the week, making its value currently hover at $1.14. This latest performance indicates resilience in Tezos’ market status, catalysed by heightened user interest and strategic token accumulations.
Curve DAO Token (CRV): A 58.87% Surge
Curve DAO Token (CRV) secured the second spot in this list because it pulled in the second-highest price growth over the week. The token experienced a substantial rise of 58.87% over the period, with its price currently standing at $1.00. This rise highlights increased interest in returns, staking, and governance offerings within Curve’s DEX ecosystem.
Ethena (ENA): A 47.45% Climb
Ethena (ENA)’s 47.45% price surge over the past seven days made it the crypto with the third-largest price gain this week’s market. This rise suggests that the DeFi network continues to gain attention for its yield, lending, and staking features, indicating its capability to provide traders with solid returns.
Conflux: Up 46.77%
Conflux (CFX) achieved a significant gain of 46.77%, placing it in the fourth position. This increase underscores a surge in demand for cheaper gas fees, quick transaction processing, and DEX functionalities across chains, cementing Conflux’s position as a prominent participant in the digital asset world.
Lido DAO: A 46.69% Increase
Lido DAO (LDO) has demonstrated renewed strength, supporting current performance, registering a notable gain of 46.69% this week. This recent performance indicates bullish sentiment and renewed interest in liquid staking solutions in the network.
Other top-performing assets of the week
Other top performers noted this week include FLOKI, BONK, Ethereum Classic (ETC), XDC Network (XDC), and Ethereum Name Service (ENS).
The sixth position in the list is FLOKI (FLOKI), which posted a 44.42% price rise in the last seven days. BONK (BONK) followed with a 37.0% surge.
ETC clinched the eighth position with a 36.72% gain. In the ninth place, XDC climbed 34.84%, solidifying its position among the week’s top performers.
Lastly, ENS wrapped this list with a 30.06% price surge.
In summary, the metrics highlighted above suggest that the top gainers in the market this week have demonstrated impressive performance fueled by innovative tech capabilities and calculated advancements.
