Pi Network jumped 31.76% to $0.2868, leading the market’s 24-hour gainers, according to CoinGecko data. Render rose 14.28% to $1.72, Bittensor added 12.88% to $226.86, Midnight climbed 10.59% to $0.0517, and NEAR Protocol advanced 8.03% to $1.40. On the downside, Provenance Blockchain slipped 4.24% to $0.0135, Canton eased 2.40% to $0.1483, Toncoin declined 2.23% to $1.31, Figure Heloc edged 1.83% lower to $1.01, and MemeCore dipped 0.94% to $1.46.
Top Gainers (24h)
Pi Network (PI) rose 31.76% to $0.2868, lifting its market cap to $2.78B. The project runs a mobile-first blockchain with an app-based mining model. Trading on centralized venues often reflects IOU-style PI pricing rather than transferable on-chain coins. The surge put PI at the top of large-cap movers by percentage gain.
Render (RENDER) gained 14.28% to $1.72, bringing market value to $892.75M. No specific news has been tied to the move. RENDER powers a decentralized GPU network used for 3D rendering and compute workloads. The token often tracks interest in distributed graphics processing demand.
Bittensor (TAO) advanced 12.88% to $226.86, with market cap at $2.18B. The network incentivizes machine learning contributions across specialized subnets using the TAO token. Staking and emission mechanics align compute providers with model performance and uptime. The move keeps TAO among the day’s largest AI-linked gainers.
Midnight (NIGHT) added 10.59% to $0.0517, setting market cap at $858.79M. The project targets privacy-preserving applications with confidential smart contracts. Traders pointed to broader altcoin rotation. NIGHT’s advance placed it firmly in the mid-cap outperformers.
NEAR Protocol (NEAR) climbed 8.03% to $1.40, placing market cap at $1.81B. NEAR is a sharded proof-of-stake layer-1 using Nightshade and a WASM runtime. Its tooling emphasizes fast finality and user-friendly account features such as human-readable accounts. The move put NEAR among the session’s top five gainers by percentage.
Top Losers (24h)
Provenance Blockchain (HASH) fell 4.24% to $0.0135, with market cap at $748.30M. Built for financial services, Provenance supports asset origination and tokenization used by lenders and capital markets platforms. The drop made HASH the day’s largest decliner among high-value networks.
Canton (CC) slipped 2.40% to $0.1483, valuing the network at $5.64B. Canton is an institutional ledger that connects applications for regulated finance with interoperable smart-contract tooling. The downtick ranked CC second among the day’s top five losers.
Toncoin (TON) declined 2.23% to $1.31, taking market cap to $3.21B. TON underpins The Open Network, which integrates with Telegram-linked services and high-throughput settlement. Today’s slide left TON in the red while several mid-caps posted gains.
Figure Heloc (FIGR_HELOC) eased 1.83% to $1.01, with market cap at $15.92B. The asset represents tokenized exposure tied to home-equity lending pools associated with Figure’s credit products. The name lagged high-beta gainers despite steady interest in real-world-asset themes.
MemeCore (M) edged 0.94% lower to $1.46, setting market cap at $2.54B. Positioned as a meme-centric token, M tends to move with sentiment shifts across speculative cohorts. The modest decline rounded out the day’s loser board.
Market Outlook
Dispersion was wide: the top gainer rose 31.76% while the biggest loser shed 4.24%. AI and compute themes appeared among winners with RENDER at $1.72 and TAO at $226.86, while privacy-linked NIGHT traded at $0.0517. On the other side, tokenization and institutional networks HASH at $0.0135 and CC at $0.1483 lagged, with TON at $1.31 also softer.
Into the weekend, watch BTC direction around Friday’s options expiry and spot ETF flow readings for potential volatility cues. Attention also turns to large-cap alt headlines and any listing or upgrade schedules that could redirect flows after today’s rotation.
