Pi Network surged 9.35% to $0.2330, topping the gainers chart, according to CoinGecko data. Monero, Mantle, NEAR Protocol and Sky also finished in the green over 24 hours, while Filecoin’s 8.36% slide to $0.8620 led decliners alongside Midnight, Kite, MemeCore and Internet Computer.
Top Gainers
Pi Network (PI) rose 9.35% to $0.2330 with a market cap of $2.25B. The mobile-first project launched with an enclosed network design and app-based “mining.” Price references have historically varied across venues, which can amplify swings. Its large-cap stature kept it squarely on traders’ radars through the session.
Monero (XMR) added 4.75% to $358.80, bringing its market cap to $6.62B. The privacy-focused, proof-of-work coin features default stealth addresses and RingCT, aiming for fungible, untraceable payments. No specific news has been tied to the move. XMR’s historically resilient community and liquidity profile often translate into outsized day-to-day moves.
Mantle (MNT) climbed 3.84% to $0.6978, valuing the token at $2.29B. Mantle is an Ethereum Layer-2 built around a modular stack that separates execution from data availability, with MNT anchoring governance for the BitDAO-originated ecosystem treasury. The advance adds to a run of sessions where L2 narratives have maintained mindshare among traders.
NEAR Protocol (NEAR) rose 3.76% to $1.28, with a market cap of $1.66B. NEAR is a sharded Layer-1 employing the Nightshade approach and human-readable accounts, and it has emphasized chain abstraction tooling for developers. Traders pointed to broader altcoin rotation for the day’s strength. Liquidity concentrated in larger venues helped the move stick into the close.
Sky (SKY) gained 3.43% to $0.0789, placing its market cap at $1.82B. The token is tracked as a large-cap asset on major data aggregators. Its price history has shown wide swings, a pattern common among higher-beta altcoins. Today’s advance kept it in the green column alongside other mid-to-large caps.
Top Losers
Filecoin (FIL) fell 8.36% to $0.8620, with a market cap of $655.44M. Filecoin is a decentralized storage network that pays providers to store and serve user data, and the Filecoin Virtual Machine expanded programmability for on-chain storage markets. The pullback arrived without an obvious headline driver. Storage-linked tokens can trade in bursts as demand and collateral cycles shift.
Midnight (NIGHT) slipped 6.23% to $0.0526, valuing the token at $873.73M. Midnight is a privacy-oriented network associated with the Cardano ecosystem that targets data protection use cases. No headline catalyst emerged during the session. The decline placed NIGHT among the day’s larger-cap laggards.
Kite (KITE) declined 5.65% to $0.2774, giving it a $499.47M market cap. KITE trades in the mid-cap bracket and can exhibit sizable intraday ranges relative to order book depth. Drivers were unclear as sellers leaned on the pair. Moves of this scale are not unusual when liquidity gaps widen.
MemeCore (M) dropped 4.26% to $1.43, with a $2.49B market cap. The project brands itself around internet culture themes rather than on-chain cash flows. The session did not feature a clear catalyst. Sizeable capitalization leaves M as a frequent proxy for swings across higher-beta tokens.
Internet Computer (ICP) eased 3.12% to $2.40, for a $1.32B market cap. The DFINITY-backed Layer-1 aims to host apps and content directly on-chain via WebAssembly smart contracts. No material updates were tied to the move. ICP often sees mean-reversion sessions as liquidity rotates among Layer-1s.
Market Outlook
The top gainer rose 9.35% while the biggest loser shed 8.36%, reflecting elevated dispersion across majors and mid-caps. Privacy, L2, and general-purpose Layer-1 names populated the gainers, while storage and meme-branded tokens led declines. Market caps among movers spanned $499.47M to $6.62B, emphasizing mixed risk appetite within a narrow 24-hour window.
Into the next sessions, watch Bitcoin’s range and spot liquidity, any exchange listing headlines, and protocol road map checkpoints that can redirect flows. Macro prints, including U.S. inflation releases, also warrant attention for their potential to nudge risk tolerance across alt buckets.
