This week saw impressive gains across the cryptocurrency market, with various altcoins outperforming major players like Bitcoin and Ethereum. Data from CMC reveals the top ten best-performing coins based on their price growth over the past seven days.
Topping the list was Internet Computer (ICP), which experienced a notable surge of 5.69%, fueled by a broader bullish sentiment in the crypto market, boosted by Bitcoin’s ongoing bull run.
Injective (INJ) and SPX6900 (SPX) also saw significant gains, securing second and third place respectively, with their prices climbing to new highs. This impressive performance reflects growing interest in decentralized finance (DeFi) protocols like Injective and the bullish momentum driving the crypto market.
Hyperliquid (HYPE), another notable performer, experienced a weekly price gain of 4.73% , demonstrating its popularity in the rapidly expanding DeFi space. Increased confidence in DeFi and the upcoming spot trading of HYPE on Binance.US are contributing to its upward trajectory.
Other strong performers this week included Sky (SKY), AB, ZEC, UNI, TRX, and ENA. These gains underscore the ongoing growth and excitement within the cryptocurrency market.