The global cryptocurrency market moved higher on Sunday, pushing total market capitalization to $3.34 trillion, a 1.42% increase over the previous 24 hours. The latest advance suggests that buying interest is no longer concentrated solely in Bitcoin, with Ethereum and several major altcoins also contributing to the market’s upward momentum.
Bitcoin and Ethereum Continue to Anchor the Market
Bitcoin (BTC) remained the dominant asset in the sector, trading at $104,780 after gaining roughly 1% on the day and 9.77% over the past week. Ethereum (ETH) delivered a stronger short-term move, rising 4.71% in 24 hours to $2,522.86. On a seven-day basis, Ether surged 37.83%, making it one of the most notable performers among large-cap digital assets.
Together, BTC and ETH accounted for 71.3% of the total crypto market, underscoring the continued importance of the two largest assets even as capital rotates into other tokens. Their combined dominance indicates that the market’s recent strength has a relatively solid base in large, liquid names rather than being driven only by speculative fringe assets.
Top-Ten Tokens Post Broad Weekly Gains
Beyond Bitcoin and Ethereum, several leading cryptocurrencies also recorded solid weekly advances. Solana (SOL) stood out as one of the strongest performers among the top ten by market capitalization, climbing 19.42% over seven days to reach $173.96. The move reinforced Solana’s position as one of the more responsive large-cap tokens during periods of improving market sentiment.
XRP and BNB also posted notable weekly gains of 8.74% and 10.88%, respectively. While their 24-hour price action was described as relatively muted, their broader weekly performance pointed to sustained support across major altcoins. This pattern suggests that the rally has widened beyond a narrow set of leaders and is being reflected across multiple segments of the market.
Trading Volume Picks Up as Participation Increases
Market activity also strengthened alongside rising prices. Total crypto trading volume over the last 24 hours reached $137.7 billion, representing a 4.90% increase from the previous day. Higher volume often serves as a sign that investor participation is expanding, particularly when it accompanies broad-based gains among both blue-chip and mid-tier assets.
The increase in turnover may indicate growing confidence among market participants, although volume spikes can also accompany fast-moving sentiment shifts. In the current environment, the market appears to be balancing optimism over renewed momentum with the reality of still-elevated volatility.
Smaller Tokens Lead Daily Movers
Among the biggest 24-hour gainers, Pi Network (PI) jumped 49.86%, Casper Network (CSPR) climbed 47.96%, and Peanut the Squirrel (PNUT) rose 39.10%. These outsized moves highlight the degree to which speculative capital is flowing into smaller or lower-cap assets as broader market sentiment improves.
On the downside, Ultima posted the steepest daily drop, falling 14.42%. The contrast between sharp gains in some tokens and double-digit declines in others illustrates how fragmented and fast-moving the market remains, even during a generally positive session.
Momentum Improves, but Volatility Still Matters
Overall, the market’s latest move reflects resilience across both large-cap cryptocurrencies and smaller tokens. Bitcoin continues to provide the structural foundation for the asset class, while Ethereum’s strong weekly rebound and Solana’s near-20% rise point to renewed appetite for altcoins. The rise in total market capitalization and trading volume suggests that investors are becoming more active as prices trend upward.
At the same time, the day’s largest gainers and losers serve as a reminder that crypto markets remain highly sentiment-driven. Rapid price swings, especially in lower-cap tokens, can create opportunities for tactical positioning but also raise the risk profile for short-term traders. For investors, the current backdrop may appear constructive, but it still demands careful risk management and disciplined decision-making.
With total market value now above $3.34 trillion, the digital asset sector is showing signs of renewed strength. Whether that momentum can be sustained will likely depend on whether participation remains broad, trading activity stays elevated, and leading assets such as Bitcoin and Ethereum continue to hold their gains.