Mantle jumped 10.86% to $0.7901, topping the gainers chart as altcoins diverged, according to CoinGecko data. AI-linked Bittensor rose 8.90% to $258.92 and Render added 7.71% to $1.92, while Zcash climbed 4.60% to $216.87 and Quant gained 3.27% to $67.13. On the downside, Provenance Blockchain fell 6.40% to $0.0125, followed by Sky at -6.33% to $0.0738, Pi Network at -6.20% to $0.2018, JUST at -4.22% to $0.0529, and XDC Network at -3.50% to $0.0318.
Top Gainers
Mantle (MNT) rose 10.86% in 24 hours to $0.7901, lifting its market cap to $2.59B. Mantle is an Ethereum Layer-2 built around a modular architecture and governed by the Mantle DAO that emerged from the BitDAO migration. The MNT token is used for governance and ecosystem incentives as the network targets rollup-scale throughput. Traders continue to watch liquidity and builder activity around Mantle’s on-chain programs during upswings.
Bittensor (TAO) advanced 8.90% to $258.92, bringing its market cap to $2.48B. The project runs a decentralized network that incentivizes machine learning and inference services, rewarding model contributions with TAO. No specific news has been tied to the move. TAO’s rally kept AI-related tokens in focus alongside broader risk appetite for high-beta names.
Render (RENDER) gained 7.71% to $1.92, with a market cap of $997.47M. Render provides a decentralized GPU marketplace that connects node operators with creators for 3D and graphics rendering workloads. The token is used within the network to compensate compute providers and coordinate jobs across the marketplace.
Zcash (ZEC) added 4.60% to $216.87, taking its market cap to $3.60B. Zcash is a privacy-focused cryptocurrency offering optional shielded transactions using zero-knowledge proofs. Traders pointed to broader altcoin rotation as a tailwind for older large-cap tokens with distinct narratives such as privacy. ZEC’s liquidity profile often attracts flows when risk broadens beyond mega-caps.
Quant (QNT) edged up 3.27% to $67.13, valuing the project at $976.99M. Quant develops Overledger, an interoperability layer aimed at linking enterprise and public blockchains without forcing migrations. The project targets regulated and institutional use cases, positioning QNT as a utility and access token for its middleware.
Top Losers
Provenance Blockchain (HASH) fell 6.40% to $0.0125, trimming its market cap to $695.80M. Provenance is a purpose-built chain for financial services, supporting asset tokenization and capital markets rails. The decline left HASH among the session’s weakest as flows shifted elsewhere. HASH is used for network operations and governance across the Provenance ecosystem.
Sky (SKY) dropped 6.33% to $0.0738, with a market cap of $1.70B. SKY serves as a governance token within an ecosystem focused on decentralized finance tooling and treasury management. There was no fresh catalyst identified during the session. Even after the slide, SKY remains sizable by governance-token standards at $1.70B in market value.
Pi Network (PI) slid 6.20% to $0.2018, putting its market cap at $1.95B. Pi Network is a mobile-first project that introduced app-based mining to onboard users ahead of broader utility rollouts. Speculation-driven flows appeared to fade during the session, pressuring PI. Liquidity can be uneven across venues, which can amplify 24-hour swings.
JUST (JST) lost 4.22% to $0.0529, bringing its market cap to $466.63M. JUST is a Tron-based DeFi protocol supporting lending, collateralized debt positions, and related stablecoin tooling. JST often tracks Tron DeFi activity and liquidity conditions across associated protocols. No discrete headline catalyst stood out for the move.
XDC Network (XDC) eased 3.50% to $0.0318, with a market cap of $635.00M. XDC Network is an enterprise-focused, EVM-compatible chain pitched for trade finance, tokenization, and cross-border settlement. The decline was modest relative to larger decliners but kept the token in the red for the session. Price action in XDC frequently aligns with risk appetite for enterprise and tokenization narratives.
Market Outlook
The top gainer rose 10.86% while the biggest loser shed 6.40%, showing a wide spread across narratives. AI names Bittensor and Render climbed 8.90% and 7.71%, privacy play Zcash gained 4.60%, and infrastructure-focused Quant added 3.27%, even as HASH, SKY, and PI posted mid-single-digit declines.
Into the next sessions, watch Bitcoin’s direction into the weekly close and spot liquidity during U.S. hours, alongside any macro headlines on rates or inflation. On the alt side, whether MNT can consolidate near $0.7901 and if TAO sustains a $2.48B market cap will help gauge risk appetite beyond the majors.
