Zcash jumped 17.01% to $372.57, topping the gainers list, while Bittensor fell 9.92% to $291.37 to lead decliners, according to CoinGecko data. Morpho added 9.85% to $1.87, with Arbitrum up 7.98% to $0.1092 and Ethena higher by 6.90% to $0.0931. Monero advanced 6.13% to $345.21, as losses clustered in WLFI, MemeCore, Provenance Blockchain and Algorand.
Top Gainers
Zcash (ZEC) rose 17.01% to $372.57. The privacy-focused coin, which uses zero-knowledge proofs for shielded transactions, carried a market cap of $6.20B. Supply issuance decreased with ZEC’s 2024 halving, and interest in privacy assets has been firmer this week. The move arrived alongside gains in Monero, putting attention back on privacy pairs. Zcash is developed by the Electric Coin Company and supported by the Zcash Foundation.
Morpho (MORPHO) climbed 9.85% to $1.87. The Morpho protocol optimizes lending markets by improving capital efficiency on top of incumbent money markets. Its token governs parameters tied to liquidity, rewards and risk controls across integrated pools. No specific news has been tied to the move. Morpho’s market cap stood at $1.03B.
Arbitrum (ARB) gained 7.98% to $0.1092. The Ethereum Layer-2 uses optimistic rollups to batch transactions and settle on L1, offering lower fees and faster throughput. Governance is handled by the Arbitrum DAO, which allocates incentives to builders and applications across the network. ARB’s market cap sat at $658.87M. The chain remains a leading venue for DeFi and gaming activity among rollups.
Ethena (ENA) added 6.90% to $0.0931. ENA governs Ethena, issuer of the USDe synthetic dollar designed to maintain stability via delta-hedging and funding rate strategies across derivatives venues. Traders pointed to broader altcoin rotation. Ethena’s market cap reached $815.05M. ENA performance often tracks protocol metrics such as USDe supply growth, collateral composition and exchange funding conditions.
Monero (XMR) advanced 6.13% to $345.21. With a market cap of $6.35B, XMR is a leading privacy coin using ring signatures, stealth addresses and Bulletproofs to obscure sender, receiver and amount. Its RandomX algorithm is CPU-friendly, reinforcing decentralization across the mining set. Some desks cited renewed interest in privacy-focused assets alongside ZEC. Monero’s design emphasizes fungibility and resistance to transaction analysis.
Top Losers
Bittensor (TAO) dropped 9.92% to $291.37. The token’s market cap was $2.80B. Bittensor is a decentralized machine-learning network that rewards model providers and validators through subnet incentives. After pronounced multi-month swings, TAO often exhibits sharp retracements, and today’s decline fit that pattern. No major project update coincided with the move.
World Liberty Financial (WLFI) fell 5.95% to $0.0862. WLFI’s market cap measured $2.74B. Public materials around WLFI remain lighter than those of established L1s and DeFi protocols, making the token’s drivers less transparent day to day. The slide arrived without a clear headline trigger. Concentrated liquidity can magnify intraday volatility in newer or less widely listed assets.
MemeCore (M) slipped 3.06% to $2.63. Its market cap stood at $4.61B. Positioned within the meme-token segment, M typically trades with elevated beta versus large-cap majors. Pullbacks are common after outsized runs in memecoins as momentum reverses. No validated catalyst was tied to the move.
Provenance Blockchain (HASH) eased 2.76% to $0.0104. HASH carried a $587.58M market cap. Provenance is a Cosmos-SDK chain used by financial institutions for on-chain asset issuance, servicing and marketplaces, with HASH used for staking, fees and governance. The token softened absent a project-specific update or governance event. Activity around tokenized real-world assets on Provenance tends to track issuance pipelines and secondary-market volumes.
Algorand (ALGO) edged down 0.80% to $0.1118. The Layer-1 uses Pure Proof-of-Stake to achieve fast finality and low fees, and its ecosystem supports payments, DeFi and tokenization use cases. ALGO’s market cap was $995.32M. Among decliners, ALGO’s move was the smallest on the day. Recent price action has been comparatively muted versus higher-volatility sectors.
Market Outlook
The dispersion remained wide, with the top gainer up 17.01% while the biggest loser shed 9.92%. Privacy names outperformed as Zcash and Monero posted gains of 17.01% and 6.13%, respectively, while AI-linked Bittensor led declines.
Into the next sessions, traders will watch whether liquidity keeps rotating into privacy and DeFi names as ARB, ENA and XMR volumes evolve. Attention also centers on Bitcoin’s range and derivatives funding, plus any governance or listing headlines that could shift flows across these pairs.
