On Monday, the Casper (CSPR) currency recorded a significant rise of 130%, making it one of the best-performing cryptocurrencies in the market. The price of the currency reached $0.023 on April 28, its highest level since December 9, 2024, with an increase of nearly 180% from its lowest point this year.

This rise was accompanied by a noticeable increase in the market capitalization of the currency, which reached about $215 million, while daily trading volume saw a massive jump of 2500%, reaching approximately $115 million. Open interest in futures contracts also recorded a significant increase, reaching $6.64 million, the highest level in five months.

Alongside these gains, funding rates remained positive for six consecutive days, reflecting the prevailing optimism in the market. On-chain data also showed that investors began withdrawing their coins from trading platforms, with more than $1.7 million in CSPR withdrawn in the last two days, which is a positive indicator for the market.