Top 10 Crypto Gainers of the Day: Canton Leads the Charts With 21% Pump

Today, the crypto market experienced a wave of optimism and some altcoins were able to show impressive 24-hour returns, although the overall crypto market feels pessimistic. Canton (CC) with an outstanding 21.65% increase was ranked as one of the best performers closely mixed with Decred (DCR) and Aster (ASTER).

However, the rapid increase in altcoin activity signifies that investors are likely to trust newly developed blockchain ecosystems and DeFi-oriented assets once again.

Canton (CC) Dominates the Crypto Daily Gainers Leaderboard

Canton (CC) led the day intradically with an impressive 21.65% rise and traded at $0.1336. It had a market capitalization of 4.67 billion backed by over 24 hours trading volume of more than 81 million dollars. Although the last week registered a decrease of 11.85%, today the breakout records an unequivocal recovery which could denote an increasing accumulation by the investors.

Analysts indicate that the renewed attention to Canton is the result of increased expectations on the interoperability technology that it provides to allow cross-chain interactions and scalability of applications based on decentralization.

Having reached 34.97 billion CC tokens, Canton still proves to be a mid-cap player with an opportunity to compete with bigger blockchain networks.

Decred (DCR) and Aster (ASTER) Extend the Rally

After Canton recorded a good performance, Decred (DCR) recorded a remarkable 20.41% upsurge in price to rise to $36.96. The revival of Decred is due to the renewed interest in community governance and staking, which both provide network power and the potential of yield to holders.

The market cap of the crypto has now reached values of $632 million and is up 2.99% in the last one week, which shows stable recovery after a long period of stabilization.

In the meantime Aster (ASTER) remained on the rise with a 7.97% day-to-day growth to take it to $1.15 giving it a market range value of $2.39 billion. During the last seven days, the asset has increased by 11.81%, fueled by integrations among developers and ecosystems. Aster is performing well in terms of network expansion in the multi-chain interoperability and smart contract industries, as indicated by its steady upsurge in the 24-hour trading volume, which stands at almost $806 million.

Internet Computer and Uniswap Showcase Strong Momentum

Internet Computer (ICP) and Uniswap (UNI) both continued to exhibit an upward trend since investors started rushing towards validated blockchain initiatives. Internet Computer increased 5.13% in the past 24 hours and is selling at $6.56 with an impressive 35.73% per week growth. With a market cap of 3.54 billion, ICP is growing based on the increasing need of decentralized web infrastructure and scalable-based hosting of the application.

UNI, one of the most popular decentralized exchange tokens, also increased by 5.13% during the day at a price of $8.65. The UNI performance has been excellent during the last seven days, with a 66.31% growth rate, which is the largest seven-day performance of all top tokens in DeFi.

World Liberty Financial and Other Cryptos Record Consistent Gains

World Liberty Financial (WLFI) was still on its upward trend and was traded at 0.1578 with a 3.29% rise. Its market value had increased to 3.88 billion and its profits have gone up by 34.95% in the week, which is why it has been among the most steady company in terms of growth rates.

There were also other coins that registered some substantial movements during the day. Nexo (NEXO) gained 2.55% to be priced at $1.10, and the top privacy-centered cryptocurrency known as Monero (XMR) experienced a growth of 3.47% to reach $387.48. The Virtuals Protocol (VIRTUAL) increased by 2.39% and traded at $1.39, and Sky (SKY) trended positively at $0.057, by 2.62% gains over 24 hours.

Market Outlook: A Selective Altcoin Recovery Phase

Recent market trends indicate that capital is shifting out of big-cap cryptos such as Bitcoin and Ethereum and into high potential mid-cap altcoins.

Nevertheless, analysts warn that the pace of daily gains is likely to experience short-term reversals as the traders pull off their money. Still, the general mood is still hesitantly optimistic.