The crypto market moved higher over the last 24 hours, with total market capitalization reaching about $2.6 trillion, up 1.76% on the day. The main catalyst was SpaceX disclosing a $1.29 billion Bitcoin treasury in its IPO filing. Sentiment has not fully turned risk-on, though. The Fear & Greed Index remains at 41, and Bitcoin dominance is still above 60%, showing that capital continues to cluster around larger assets.
DASH jumps on THORChain integration and rising derivatives interest
DASH traded at $52.32, up 23.06% in 24 hours and 20.05% over seven days, after touching a daily high of $53.82. Its market cap stood at $664.66 million, ranking 75th on CoinMarketCap. The move followed a mix of catalysts: a Southeast Asia expansion partnership, cross-chain integration with THORChain, and a 49% overnight increase in open interest. Together, those developments pulled fresh attention back to the privacy-coin trade.
HYPE gains as Grayscale buying meets heavy on-chain volume
HYPE changed hands at $56.28, rising 17.02% on the day and 45.99% over the past week, with an intraday high of $56.92. The token’s market cap reached $14.31 billion, placing it at No. 10. The rally came with a 115% jump in on-chain trading volume to more than $1.2 billion in 24 hours. In the same week, Grayscale bought $25 million worth of HYPE, while Bitwise publicly described the token as undervalued.
ZEC rises after SEC closes investigation with no enforcement action
ZEC traded at $675.04, up 15.46% over 24 hours and 29.14% over seven days, after reaching $687.14 at the session high. Its market cap was $11.26 billion, ranking 11th. The key trigger was the US SEC formally ending its two-year investigation into the Zcash Foundation without taking enforcement action. At the same time, a new first-quarter report showed $36.7 million in liquid assets, easing two investor concerns at once.
MNT and SUI advance on ecosystem activity and network upgrades
MNT traded at $0.6836, up 10.26% in 24 hours and 1.18% over seven days. Its market cap reached $2.25 billion, ranking 36th. There was no single headline behind the move, but trading volume climbed more than 60% in a day. Aave’s return to full WETH borrowing on Mantle also added support to ecosystem activity.
SUI traded at $1.12, up 8.79% on the day and 6.36% over the week, with a high of $1.15. Its market cap stood at $4.5 billion, good for No. 22. The move followed a protocol-level upgrade backed by Fireblocks that introduced gasless stablecoin transfers. Users can now send USDC and other supported stablecoins without holding SUI for transaction fees, a feature tied directly to payment use cases.
The day’s strongest altcoin moves were not broad-based. DASH, HYPE, ZEC, MNT, and SUI each had a defined catalyst behind the price action, ranging from cross-chain integration and institutional accumulation to regulatory clarity, ecosystem traction, and protocol changes. The wider market remains cautious, but these tokens stood out on concrete developments rather than a general risk rally.