Secondary Tokens Explode in Value as Bitcoin, Ethereum Show Modest Gains

Bitcoin posted a modest gain of 3% in the last 24 hours, pushing its price to $105,559. Trading volume exceeded $37 billion, showing stable interest from investors. Although the movement was positive, it was relatively moderate compared to some altcoins.

Ethereum outperformed Bitcoin slightly, climbing 7.4% during the same period. It traded at $2,544.78 with over $26 billion in daily volume. This increase marked the highest 24-hour gain among major cryptocurrencies, showing renewed strength in the altcoin sector.

XRP gained 2.7% to trade at $2.37, with steady market interest supporting its rise. BNB also moved higher, recording a 2.1% increase to $650.87. Solana performed better than both, jumping 4.9% to $168.49 as developer activity on its network continues to grow.

Despite gains in major tokens, the spotlight shifted to lesser-known assets that saw explosive growth.

Also Read: Why is XRP Price Stagnant After CME Futures Breakthrough Launch?

Market Movers: Secondary Tokens Outperform Majors

Collaterize (COLLAT) led the market with a massive 59.3% surge in 24 hours, trading at $0.07916. With a volume of over $22 million, it captured the attention of many traders and speculators.

Afterwards, REVOX (REX) experienced a spike of 37% to $0.02232, with nearly $26 million in trades daily. Housecoin (HOUSE) was close behind, gaining 35.4% to reach $0.03971 as trading activity surged.

After recording over $31 million in exchange, KTA went up 32.4% and is currently valued at $0.7992. The token was boosted by more people discussing it on social media and short-term traders wishing to speculate. Smaller cryptocurrencies have performed better recently, as the top five gained less than the smaller tokens.

The overall value of the crypto market was $3.45 trillion, rising 0.9% over 24 hours, and the total volume traded at that time was $124.5 billion. Most rewards came from major coins, but secondary tokens gained the most traction and were mentioned everywhere in the crypto sector.

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