The global cryptocurrency market saw a significant increase on Sunday, reaching a total market capitalization of $3.34 trillion, which is an increase of 1.42% over 24 hours.
Top 10 cryptocurrencies show weekly gains
Bitcoin ($BTC ) continues to lead the market, trading at $104,780 after a one percentage point increase over the last 24 hours and 9.77% over the week. Ethereum ($ETH ) follows, rising 4.71% for the day and 37.83% for the week to $2,522.86.
Together, BTC and ETH dominate 71.3% of the market. Solana ($SOL ) demonstrated one of the most impressive seven-day performances among the major top 10 coins, increasing by 19.42% to $173.96. XRP and BNB also recorded strong weekly gains of 8.74% and 10.88% respectively, despite minimal fluctuations over 24 hours.
Meanwhile, the 24-hour trading volume in the market increased by 4.90% to $137.7 billion, indicating a rise in investor activity. Among the main daily movers, pi network (PI) soared by 49.86%, followed by casper network (CSPR) at 47.96% and peanut the squirrel (PNUT) at 39.10%. On the other hand, Ultima fell by 14.42%, marking the steepest decline of the day.
The broader market continues to show strength amid increased volatility, bolstered by gains in both blue chips and small-cap assets. Market participants may find the current climate favorable for strategic positioning, although discipline and caution are necessary in such rapidly changing, sentiment-driven conditions.
