The crypto market has left behind an eventful week and started the weekend with a strong rise. The declines that began on Monday were reversed with recovery movements on Wednesday. Bitcoin rose above $100,000 again after falling to $94,000 the previous week.
Altcoins, on the other hand, lost between 5% and 20% on Monday. However, the impact of these declines faded throughout the week, and the weekend started off dramatically. Many altcoins traded in an upward direction on Saturday. Altcoins, which attracted the attention of bulls, entered the weekend strongly.
Here are the top five altcoins that rose the most over the weekend:
Hyperliquid (HYPE)
Hyperliquid (HYPE), a layer-1 blockchain, has been one of the best-performing projects of the past week. HYPE, which has been seeing a lot of interest, has surged by 43% in the past week and is up 21.1% in the past 24 hours. HYPE recorded a trading volume of $259 million in the past 24 hours, bringing its market value to $7 billion.
Gate (GT)
Gate (GT), the native token of crypto exchange Gate.io, has gained 8.1% in value in the last 24 hours. Gate (GT) made a name for itself with a trading volume of $16.3 million in the last 24 hours. With this increase, Gate reached a market value of $1.633 billion.
Flare (FLR)
Flare (FLR), which enables smart contracts to be used on the XRP blockchain, was among the fastest-rising altcoins. FLR gained 7.4% in the last 24 hours and attracted attention with a market value of $ 1.762 billion.
XRP (XRP)
One of the most popular altcoins in the crypto world, XRP, faced selling pressure last week and lost value. However, it showed signs of recovery towards the weekend, recording a 7.1% increase in the last 24 hours. XRP was traded with a trading volume of $ 10.99 billion in the last 24 hours and attracts attention with its market value of $ 142 billion.
Ondo (ONDO)
Focusing on artificial intelligence and real-world assets (RWA), Ondo (ONDO) has gained 6.5% in the last 24 hours. ONDO continues to attract investors with a market value of $2.779 billion with a trading volume of $672 million.
These altcoins have attracted investors' attention by showing a strong performance over the weekend. This market movement continues to create new opportunities in the crypto world.