Over the past week, the crypto market has seen a surge in interest in emerging altcoins, with DOGS (DOGS), ZKSync (ZK), and Starlink ($STRK) leading the charge. According to the data, CryptoRank has highlighted some remarkable shifts in investor focus. Altcoins performed well as $BTC price remained stable throughout the week and spot ETFs recorded inflows on 4 out of 5 trading days.
TOP COIN SEARCHES IN THE LAST 7D ON #CRYPTORANK$DOGS $ZK $STRK $IO $ZRO $TIA $MANTA $ENA $W $NEIRO pic.twitter.com/tDPfrMM44f
— PHOENIX – Crypto News & Analytics (@pnxgrp) September 14, 2024
Top Altcoins: DOGS, ZKSync, and Starlink Lead the Market Surge
DOGS tops the chart with a market cap of $572M, gaining 5.2% in price over the past week. The meme coin has gained significant support and is developing in the ecosystem. ZKSync (ZK), a Layer 2 scaling solution for Ethereum, has surged by 10.6% to a market cap of $423.7 million, likely due to increasing demand for scalable and efficient blockchain solutions in the DeFi space.
Starlink ($STRK) is in third place with a market cap of $708.1M and a modest price increase of 3.1%. This token continues to capture investors’ imaginations, especially with its potential applications.
Rising Stars: LayerZero, Celestia, and Manta Network Gain Momentum
LayerZero ($ZRO), $TIA, and Manta Network (MANTA) are notable mentions on this list, reflecting the growing curiosity around cross-chain technology and privacy-focused networks. LayerZero ($ZRO), for example, saw a 7.8% price change, underlining the rising interest in interoperability within blockchain networks.
Celestia ($TIA) and Manta Network (MANTA) have demonstrated steady performance, each showing a 6.5% and 10.0% increase, respectively. These coins are gaining traction among developers and users for their innovative approaches to modular blockchain design and privacy enhancement.
Rounding out the list are Ethena ($ENA), Wormhole (W), and Neiro on $ETH (NEIRO), with each experiencing moderate price gains. Ethena’s 4.9% uptick is a testament to the growing interest in decentralized stablecoins, while Wormhole continues to benefit from its role in connecting various blockchain ecosystems.
Neiro on $ETH (NEIRO) has gained attention with a 5.4% price increase, driven by its innovative integration with Ethereum. This rise reflects a broader trend of developers and investors favoring platforms that provide scalability, privacy, and cross-chain capabilities.