Top 5 Crypto Gainers Today as Bitcoin Holds Steady Above $117K

Altcoins

Bitcoin continues to consolidate above $117,000, providing a stable backdrop for altcoins to shine.

Several tokens have outperformed the broader market today, with Chainlink, Arbitrum, and Injective leading the way among the top gainers.

Chainlink Takes the Spotlight

Chainlink (LINK) is today’s biggest gainer, jumping 12.62% in the past 24 hours to trade at $25.54. The token has also gained more than 16% over the past week, pushing its market cap to $17.3 billion. With over $2.46 billion in trading volume, LINK remains the clear leader among altcoin movers.

Arbitrum Shows Layer-2 Strength

Arbitrum (ARB) has also posted strong gains, rising 9.13% in the last 24 hours and more than 15% over the week. Now trading at $0.53, Arbitrum’s market cap has climbed to $2.76 billion, backed by nearly $846 million in daily volume. The rally highlights renewed interest in Ethereum scaling solutions.

MemeCore Sees Volatility

MemeCore (M) recorded an 8.40% increase today, trading at $0.44. However, the token remains down 3.51% over the past week, reflecting its higher volatility compared to larger-cap projects. With a market cap of $700 million, MemeCore is attracting speculative momentum despite its limited liquidity at $10 million daily volume.

Virtuals Protocol Rebounds

Virtuals Protocol (VIRTUAL) gained 8.37% in the last 24 hours, reaching $1.31. Still, the token has struggled on the weekly chart, showing a 9.07% decline. With a market cap of $859 million and $177 million in daily trading volume, Virtuals Protocol is seeing short-term recovery but remains under pressure.

Injective Rounds Out the Top 5

Injective (INJ) advanced 6.69% today, trading at $15.53, and has maintained an 8.17% gain over the week. With $1.55 billion in market cap and $178 million in trading volume, Injective continues to attract investor attention thanks to its role in decentralized derivatives and DeFi applications.

Market Outlook

Bitcoin’s consolidation above $117K has created favorable conditions for altcoins to rally. Chainlink’s dominance, Arbitrum’s scaling momentum, and Injective’s DeFi positioning suggest that capital rotation into altcoins is accelerating. However, smaller tokens like MemeCore and Virtuals Protocol remain more volatile and speculative.

If Bitcoin maintains stability, altcoins may continue their upward momentum, potentially setting the stage for a broader market breakout.

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Author

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.