Stable (STABLE) jumped 50.56% to $0.0393, topping the gainers chart, according to CoinGecko data. Zcash rose 8.03% to $342.40, and Pudgy Penguins gained 5.91% to $0.008797. On the downside, JUST led decliners, sliding 4.14% to $0.0809.
Top Gainers
Stable (STABLE) climbed 50.56% to $0.0393. The move lifted its market capitalization to $867.15M, placing it firmly in mid-cap territory by valuation. Despite the name, STABLE is not a dollar-pegged asset and trades freely. Today’s advance outpaced every other listed mover by a wide margin.
Zcash (ZEC) rose 8.03% to $342.40. No specific news has been tied to the move. ZEC is a privacy-focused coin using zero-knowledge proofs, offering optional shielded transactions alongside transparent ones. Its market cap now stands at $5.73B, keeping it among the larger privacy assets by value.
Pudgy Penguins (PENGU) advanced 5.91% to $0.008797. PENGU is a meme token themed around the Pudgy Penguins brand that originated as an NFT collection. With a market cap of $554.43M, it sits in the mid-cap bracket and trades at sub-cent levels that can amplify percentage swings. Liquidity conditions often make intraday moves in memecoins sharp.
Algorand (ALGO) added 4.81% to $0.1070. The layer-1 network uses Pure Proof-of-Stake to deliver fast finality and low fees for payments and DeFi applications. Traders pointed to broader altcoin rotation. ALGO’s market capitalization is $954.88M, placing it just shy of the billion-dollar mark.
Provenance Blockchain (HASH) gained 4.67% to $0.0107. HASH is the native token of Provenance, an enterprise-focused chain used for financial services and asset tokenization. The token is used for fees and staking on the network as institutions explore on-chain loan and fund workflows. HASH’s market capitalization is $614.05M.
Top Losers
JUST (JST) fell 4.14% to $0.0809. JST governs the JUST DeFi suite on Tron, which includes the USDJ stablecoin system and related lending protocols. The decline leaves JST with a market capitalization of $692.02M. Liquidity on Tron-linked tokens can make daily percentage moves pronounced when order books thin.
Morpho (MORPHO) eased 3.30% to $1.87. MORPHO is the governance token for Morpho, a lending optimizer that peer-matches borrowers and lenders on top of protocols like Aave and Compound to improve rates. The token’s market cap stands at $1.04B after today’s move. DAO governance remains central to how Morpho allocates incentives and adjusts parameters.
Toncoin (TON) slipped 2.82% to $1.32. TON powers The Open Network, a high-throughput chain linked to Telegram’s ecosystem, with TON used for fees, staking, and application-level transactions. Its market cap sits at $3.28B following the drop. User growth tied to messaging integrations remains a key narrative for TON’s long-term positioning.
Quant (QNT) declined 2.77% to $71.25. Quant focuses on enterprise interoperability, with its Overledger technology aiming to connect legacy systems and multiple blockchains. QNT is used to access network services and settle usage fees within the ecosystem. After today’s move, QNT’s market capitalization is $1.04B.
Rain (RAIN) edged down 2.40% to $0.007459. At that price, RAIN’s reported market capitalization is $3.57B, placing it among large-cap tokens by valuation. The retreat was modest compared with the day’s bigger decliners but still trimmed market value at the margin. RAIN’s low unit price and large supply profile can translate into swift percentage changes.
Market Outlook
The day’s tape skewed positive at the top end, with the leading gainer up 50.56% while the biggest loser shed 4.14%. Mid-cap names featured on both sides of the ledger, as ALGO and HASH advanced and JST and MORPHO slipped, hinting at ongoing rotation within non-mega-cap tokens.
Into the next session, traders will watch whether liquidity keeps favoring mid-caps after STABLE’s outsized move and if privacy interest persists following ZEC’s jump. Attention also stays on Bitcoin’s range and any policy or listing headlines that could redirect flows across majors and high-beta altcoins.
