Crypto market sentiment picked up in the first week of September, and HTX’s weekly leaderboard for Aug. 31 to Sept. 6 showed gains across Layer 2, the Solana ecosystem, privacy tokens, DeFi and meme assets. ARB led the platform’s top gainers with a 111% weekly increase. RAY and DASH each rose 61%, while DASH, ZEC and ZEN all appeared on the list together, giving the privacy segment one of the strongest coordinated moves of the week.
According to data cited from HTX, market attention rotated across multiple sectors during the week. The report said capital moved back toward infrastructure themes such as L2, DeFi and public-chain ecosystems, while higher-volatility sectors including privacy and meme tokens remained active as risk appetite improved.
Layer 2 took the lead as ARB surged 111%
The strongest performer of the week came from the L2 sector. ARB doubled in price and posted a 111% gain, ranking first on HTX’s weekly leaderboard and pointing to rising market attention on Ethereum scaling and L2 infrastructure.
ARB is the governance token of Arbitrum, an Ethereum Layer 2 scaling network. The source described Arbitrum as using off-chain execution and on-chain settlement to improve Ethereum transaction efficiency and lower the cost of using on-chain applications. Its ecosystem spans DeFi, gaming and infrastructure.
Solana ecosystem stayed active, with RAY up 61%
As on-chain activity in the Solana ecosystem remained strong, capital continued to focus on DeFi projects with practical use cases inside that network. RAY rose 61% during the week and ranked near the top of the gainers list.
RAY is the native token of Raydium, a decentralized trading protocol in the Solana ecosystem. Raydium offers token swaps and liquidity provision for Solana users and is one of the representative pieces of liquidity infrastructure in Solana DeFi.
Privacy tokens moved together as DASH, ZEC and ZEN all climbed
Privacy tokens were one of the most concentrated winning groups of the week. DASH, ZEC and ZEN all entered the weekly gainers table, showing a visible sector move.
- DASH (+61%): The report described DASH as one of the earlier crypto assets focused on digital payments and transaction privacy. It uses instant transactions and privacy-enhancing features to improve payment efficiency. DASH rose 61% over the week and led the privacy segment.
- ZEC (+37%): ZEC is the native asset of the privacy network Zcash. Zcash uses zero-knowledge proof technology to provide privacy options while keeping blockchain transactions verifiable. ZEC gained 37% during the week, which the source said reflected stronger attention on zero-knowledge proofs and on-chain privacy technology.
- ZEN (+36%): ZEN is the native asset of the Horizen ecosystem and is mainly used for network governance, ecosystem incentives and related on-chain applications. ZEN rose 36% during the week and joined DASH and ZEC in lifting the privacy theme.
With all three privacy-linked assets rising at the same time, the sector became one of the most recognizable market themes of the week. The original report linked that rebound in interest to growing attention on on-chain data security, information autonomy and transaction privacy.
DeFi recovered steadily, with UNI up 35% and JST up 18%
DeFi, one of the market’s core sectors, also showed signs of improvement during the week. UNI and JST represented decentralized finance activity on Ethereum and TRON, respectively.
UNI is the governance token of Uniswap, a decentralized trading protocol that the report described as one of the representative pieces of infrastructure in DeFi, particularly in on-chain asset exchange and liquidity markets. UNI rose 35%, indicating stronger capital interest in leading DeFi protocols.
JST is the governance token of JUST, a DeFi protocol in the TRON ecosystem. It is used for protocol governance and related ecosystem scenarios. JST gained 18% during the week, reflecting continued market attention on TRON-based financial activity.
The report said the simultaneous rise in UNI and JST suggested that, even as higher-beta assets advanced, DeFi projects with established use cases and longer-term market recognition were also drawing renewed attention.
BSC meme asset MARSCOIN rose 37%
MARSCOIN, identified in the source as a meme asset in the BSC ecosystem, climbed 37% during the week, showing that meme tokens remained active.
The source also noted that, compared with infrastructure and DeFi assets, meme tokens are more easily influenced by community-driven spread, market sentiment and short-term capital flows. During periods of stronger risk appetite, those assets tend to show greater upside elasticity, while also carrying sharper price swings.
Sector rotation broadened across the market
Overall, HTX’s weekly gainers table for Aug. 31 to Sept. 6 pointed to a clear rotation across segments. ARB’s 111% jump pushed L2 infrastructure back into focus. RAY’s 61% rise extended interest in the Solana ecosystem. DASH, ZEC and ZEN strengthened together and made privacy one of the week’s key themes. UNI and JST pointed to a recovery in DeFi, while MARSCOIN’s advance showed that meme trading activity had not faded.
From the structure of those gains, the original report said market attention had expanded from a single narrative to a wider set of subsectors. Capital was rotating between higher-volatility themes such as meme and privacy tokens and longer-term infrastructure areas including L2, DeFi and public-chain ecosystems.
The source added that HTX, as a global digital asset trading platform covering multiple asset types and popular sectors, would continue tracking changes in market structure and the development of emerging projects to provide users with broader trading options and market observations.
Disclaimer: The market carries risk and investment requires caution. This article does not constitute investment advice. Users should consider whether any opinions, views or conclusions in the article fit their own circumstances. Any investment decisions made on that basis are at the user’s own risk.
