PNUT, VIRTUAL, and EIGEN Surge Amidst Bullish Crypto Trend

Recent price surges of PNUT, VIRTUAL, and EIGEN have led the crypto market upward in a strong bullish trend. The tokens saw over 40% gains within the past 24 hours on May 9, 2025, signaling potential for market recovery. Experts attribute this surge to investors’ increased interest in AI applications and cross-chain functionality. Peanut the Squirrel (PNUT) experienced a particularly notable jump of 55.54%, with analysts predicting substantial price increases for PNUT by year-end. The strong performance coincides with broader bullish trends in the crypto market, suggesting continued growth potential. VIRTUAL Protocol and EigenLayer followed closely, with gains of 40.37% and 40% respectively. VIRTUAL’s volume on Kraken reached $5.8 million, highlighting its increased trading activity. This surge is linked to VIRTUAL’s integration with AI technologies and expansion into the Base Blockchain ecosystem, which boasts a massive TVL of over $3.57 billion. Analysts suggest that this growth stems from its strong ties to blockchain technology. As Sarah Chen, Senior Analyst at Blockchain Review, noted, “VIRTUAL’s growth appears to be driven by AI technology integration and blockchain ecosystem expansion,” Meanwhile, some cryptocurrencies like KAITO and Safe experienced losses, indicating a more selective investor response. These fluctuations suggest that investors are responding differently to various trends in the market. The long-term outlook for these digital assets remains positive, as they represent future tech innovations in the cryptocurrency market.