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Cryptocurrency News Articles
Arbitrum (ARB), Optimism (OP) Lead Altcoin Market Gains This Week
May 12, 2025 at 05:15 am
The altcoin market recorded major gains over the past week, with several tokens showing double-digit growth in price and trading activity.
The altcoin market has seen major gains over the past week, with several tokens showing double-digit growth in price and trading activity.
According to (May 11, 2025) data, Pi Network (PI) ranked among the strongest performers, with a weekly price gain of 61.27%. Arbitrum (ARB) followed, showing a 46.04% increase, while Optimism (OP) posted a 29.77% rise.
Among other standout performers were Gala, Immutable, and NEAR Protocol, highlighting interest in gaming, infrastructure, and metaverse-related projects.
The rise in market capitalization across these assets reflects growing speculative activity and increased volume on digital asset exchanges.
Pi Network Records Highest Weekly Gain
Pi Network posted the largest increase among trending altcoins, with a weekly price gain of 61.27%. The token also surged 30.52% over a 24-hour period to reach $0.9541. Its 24-hour trading volume stood at $612.4 million.
Despite experiencing high volatility, PI has maintained an upward pattern throughout the week. The consistent price rise places it at the top of the weekly performance chart and reinforces its visibility among traders monitoring short-term momentum assets.
Arbitrum, a key element of Ethereum’s Layer-2 build, has had a strong week, increasing value by 46.04%. Arbitrum’s token increased its price to $0.4616, supported by $880.8 million worth of daily trading.
This uptick follows more attention towards releasing token timelines and increased Arbitrum’s ecosystem involvement.
Ethereum Layer-2 network, Optimism rose 29.77% in the week and 12.61% in the previous 24 hours. OP, currently worth $1.45 billion, remains crucial as an infrastructure token to back Ethereum’s success toward scaling.
The price action from both Arbitrum and Optimism highlights market interest in projects that facilitate efficient transaction processing while reducing costs across the Ethereum network. The elevated volumes reflect continued participation from both retail and institutional segments.
Gaming and Identity Tokens Post Solid Gains
Gaming-focused tokens also recorded substantial gains. Gala (GALA), associated with Web3 gaming, climbed 45.19% over the week. The asset is now priced at $0.02227. Immutable (IMX), another token within the gaming and digital ownership sector, rose by 30.78%.
Meanwhile, Worldcoin (WLD), a project centered on identity verification protocols, rose 34.98% to $1.26. These tokens have drawn the attention of traders focused on specific market scenarios, and particularly those trading on real-world scenarios, such as identity systems and digital entertainment.
Broader Market Participation Across Altcoins
The use of leading tokens on different platforms increased that week. The NEAR Protocol price in USD grew by 33.66% while the Decentralized Exchange Protocol, Uniswap (UNI) went up 40.83%. Theta Network (THETA) rallied 47% during the week, while Story Protocol (IP) rallied 29%.
The upward movement indicates a general wave of alternative coins’ upsurge with bullish sentiment across diverse regions. The increased market prices accompanied increased trading activity with heightened investor interest.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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