The cryptocurrency market is heating up with a strong breakout from many altcoins, while Bitcoin remains above $120,000 with a 28% increase.
Altcoins like Pudgy Penguins (PENGU), Hedera (HBAR), and Stellar (XLM) have shown significant gains, driven by technological upgrades and interest from both individual and institutional investors.
MAIN CONTENT
Pudgy Penguins leads growth with over 25% in one day, benefiting from NFTs and Layer-2 development.
Hedera continues its strong price uptrend from 2021 with increased Smart Contract deployments and business demand.
Stellar recorded a gain of over 22%, attracting significant liquidity due to the Stellar Core upgrade and interest from financial institutions.
What reasons helped Pudgy Penguins (PENGU) rise sharply in price last week?
Analysts point out that PENGU is the standout token of the week with nearly 85% growth over 7 days and over 25% in one day, trading around $0.03. With daily trading volume reaching up to $1.8 billion, this token is driven by the NFT project along with plans to launch a new Layer-2 chain and expand an ecosystem of souvenirs and toys. The CEO of an investment fund claimed: “The growth of PENGU is evidence of the strength of the retail community combined with a long-term development strategy.”
The breakout of Pudgy Penguins is not only based on short-term phenomena but also due to a strong community and a structured metaverse strategy, providing long-term growth potential.
Mr. Le Minh Tuan, CEO of Cryptocurrency Investment Fund, 2025
Why is Hedera (HBAR) following the price uptrend of 2021?
On-chain data and expert reports show that HBAR increased by 27%, trading at $0.253, thanks to the recovery of Smart Contract deployment activity and increased demand from businesses. Analyst Rekt Capital notes that this could be a long-term breakout phase on the price chart. Moreover, trading volume exceeding $184 million on Korean exchanges also contributes to strengthening HBAR.
What factors are driving Stellar (XLM) to increase in price and trading volume?
XLM has increased by over 22%, trading near $0.50, with record trading volume on Korean exchanges reaching $460 million. The main reason is the Stellar Core v23.0.0rc2 update event, attracting attention from institutional investors. On-chain data shows increased wallet activity and inflows to exchanges, reflecting a strong accumulation trend.
The recent Stellar Core upgrade has paved the way for attracting institutional investment, solidifying Stellar's position in the stablecoin and global payment sectors.
Mr. Nguyen Van Hoang, Blockchain Expert, 2025
What are the current on-chain trends and liquidity like?
The recent trading volume on Korean exchanges shows XLM trading at $460 million, PENGU at $355 million, and HBAR at $184 million within 24 hours. On-chain metrics for Hedera indicate a high level of development activity and usage, reinforcing the argument for a price breakthrough phase.
Expert analysis: Is it altcoin season?
Expert Rekt Capital points out that the slight decrease in Bitcoin Dominance is driving capital towards mid and small-cap altcoins. If Bitcoin does not continue to rise strongly, altcoins have the chance to keep running. Predictions suggest PENGU could lead the memecoin sector, XLM is expanding applications through fintech channels, while HBAR attracts businesses looking for green blockchain solutions and scalability.
Token Price Increase (24h) Trading Price Trading Volume (24h) Supporting Factors Pudgy Penguins (PENGU) 26–27% ~0.03 USD 1.8 billion USD NFT, Layer-2, ecosystem expansion Hedera (HBAR) 24–27% ~0.25 USD 184 million USD Smart Contract, business, on-chain activity Stellar (XLM) 22–25% ~0.49 USD 460 million USD Stellar Core upgrade, institutional investment
Frequently asked questions
Which altcoin had the strongest growth last week? Pudgy Penguins is the standout altcoin with nearly 85% growth over 7 days based on trading data and ecosystem expansion. What are the main factors driving Hedera's price up? The recovery of Smart Contract deployment, growing demand from businesses, and strong on-chain activity are the main drivers for Hedera. Why has Stellar attracted many investors recently? A major upgrade of Stellar Core and interest from financial institutions have helped Stellar grow in both price and liquidity. Will Bitcoin continue to lead the market? Although Bitcoin remains strong with a price above $120,000, the capital rotation into altcoins suggests that altcoins may continue to rise if Bitcoin does not break further. Where is the cryptocurrency trading volume currently concentrated? High trading volumes are focused on Korean exchanges, especially with XLM, PENGU, and HBAR reaching hundreds of millions of USD within 24 hours.
Source: https://tintucbitcoin.com/pengu-hbar-xlm-tang-tren-25/
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