This week’s cryptocurrency markets saw a significant surge, with several major coins experiencing triple-digit percentage spikes over the past 7 days. FTX Token (FTT) led the rally, surging over 320%.
Lesser-known projects like Kaspa (KAS) and Sui (SUI) also saw substantial gains, more than doubling in price. Even leading platforms like Solana (SOL) posted strong 36% gains driven by fundamental developments.
Keypoints
- A diverse mix of cryptocurrencies experienced significant gains this past week, with several rising over 100%.
- FTX Token (FTT) experienced the most significant rally, surging over 300% after acquisition news.
- Lesser-known projects like Kaspa (KAS) and Sui (SUI) achieved major breakouts.
- Leading platforms like Solana (SOL) and Elrond (EGLD) gained on development milestones.
FTX Token (FTT)
FTX Token (FTT) experienced the biggest gain, surging 320.78% to $4.96. FTT is the native token of the FTX cryptocurrency exchange.
Terra (LUNA)
Terra (LUNA) rallied 83.01% this week to $0.813. LUNA is the governance and utility token of the new Terra blockchain.
Kaspa (KAS)
Kaspa (KAS) gained 75.64% to reach $0.09118. It is the native token of Kaspa, a blockchain platform designed for scalability, security and simplicity.
ImmutableX (IMX)
ImmutableX (IMX) grew 56.52% this week to $1.08. It powers a layer 2, gaming focused, scaling solution for fast and gas-free NFT trades on Ethereum.
Cronos (CRO)
Cronos (CRO) increased 44.28% to $0.09543. CRO is the native asset of Crypto.com’s decentralised Cronos blockchain.
TerraClassicUSD (LUNC)
TerraClassicUSD (LUNC) gained 42.86% to $0.00009091. It is the remnants of Terra’s failed UST stablecoin now functioning as a speculative memecoin.
Elrond (EGLD)
Elrond (EGLD) rallied 39.70% to $45.83. It is the native token of the Elrond blockchain focused on scalability and high speeds.
Solana (SOL)
Solana (SOL) grew 36.44% to $53.95. SOL is the native cryptocurrency of the high-performance Solana blockchain.
Sui (SUI)
Sui (SUI) gained 36.36% to reach $0.6154. It is the native token of the new Sui layer 1 blockchain optimized for scalability.
OKB (OKB)</h2
OKB (OKB) rose 36.07% to $62.31.
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