The cryptocurrency market traded in a narrow range at the top end, with Bitcoin (BTC) maintaining its dominance above $68,935, up 0.19%, while selective altcoins witnessed sharp moves on both sides, highlighting continued speculative rotation within decentralized finance (DeFi) tokens.
Market Cap Leaders Remain Stable
Among the top assets by market capitalization:
- Ethereum (ETH) traded at $2,069.60, rising 0.47%
- BNB gained 0.26% to $630.34
- XRP advanced 0.43% to $1.3663
Stablecoins Tether (USDT) and USD Coin (USDC) remained anchored near parity, reflecting stable liquidity conditions across centralized exchanges.
Bitcoin’s market capitalization stood at approximately $1.38 trillion, reinforcing its continued control over broader crypto sentiment and institutional positioning.
DeFi Ecosystem Led by Aave in Total Value Locked
In the decentralized finance space, Aave retained its top position in total value locked (TVL) at $42.38 billion, followed by Lido DAO at $19.42 billion and Ethena at $6.8 billion, underscoring continued capital concentration in liquid staking and lending protocols.
Stargate Finance Tops Gainers List
Among daily movers, Stargate Finance (STG) emerged as the biggest gainer, surging 29.18% to $0.2457, likely driven by cross-chain liquidity demand and short-term trading interest in bridge protocols.
Other gainers included:
- Centrifuge (CFG) up 8.97%
- Onyxcoin (XCN) rising 5.07%
- Ondo (ONDO) gaining 4.65%
- Midnight (NIGHT) and Canton (CCCA) posting moderate gains of 2–3%
Siren, River and Audiera Lead Declines
On the downside, Siren (SIREN) recorded the sharpest fall, plunging 35.28% to $1.4554, reflecting aggressive profit booking in low-liquidity tokens.
Other major decliners included:
- River (RIVER) down 27.34%
- Audiera (BEATA) falling 22.53%
- Kite (KITE) slipping 14.01%
- Lighter (LIT) declining 10.69%
- Ethena (ENA) also corrected 9.93%, despite its strong standing in TVL rankings — suggesting divergence between capital locked and token price performance.