The past week presented a notably varied landscape in the cryptocurrency market. While major assets like Bitcoin (BTC) and Ethereum (ETH) largely remained range-bound, experiencing consolidation despite some positive on-chain signals for ETH, a selective rotation into altcoins led to significant price movements across the board, creating both standout winners and notable decliners.
Top Altcoin Performers
Among the week's highest flyers, Cronos (CRO) surged by an impressive 85%, reaching a three-year high. This rally was largely fueled by reports of Trump's media company injecting $105 million into CRO supply. Pyth Network (PYTH) also saw substantial gains, climbing 48% after news broke of the U.S. government utilizing its network for macro datasets, pushing it past key resistance levels. Story (IP) rounded out the top three, increasing 21.5%, with its strength attributed to fundamental DeFi flows and a 12% jump in Total Value Locked (TVL), suggesting genuine investor engagement rather than mere hype. These assets, after their initial pumps, are now facing crucial tests of support and resistance, with their future movements dependent on sustained interest and market sentiment.
Significant Altcoin Declines
Conversely, several altcoins experienced sharp pullbacks, signaling cooling momentum or encountering strong overhead resistance. Pendle (PENDLE) led the losses, down 17.9%, marking its first red weekly candle of the month after an overheated run. Aerodrome Finance (AERO) retraced nearly 19%, ending a three-week bullish streak after retesting a significant supply zone. Lido DAO (LDO) also fell 14%, with its price action reflecting a risk-off sentiment as it repeatedly failed to break resistance, indicating sellers were firmly in control. These declines suggest that while some assets continue to find momentum, others are undergoing necessary corrections or struggling to overcome key technical hurdles, highlighting the market's divergent nature this past week.
