A wave of bullish momentum is sweeping by way of smaller-cap altcoins, with ResearchCoin (RSC), Electroneum (ETN), and REI Community (REI) all recording substantial 24-hour positive aspects.
Analysts attribute the surge to a mixture of change itemizing hypothesis, ecosystem upgrades, and yield-driven investor inflows.
Coinbase itemizing hypothesis drives ResearchCoin surge
ResearchCoin jumped 36% in 24 hours, spurred by its inclusion on Coinbase’s official itemizing roadmap on July 25. Traditionally, 80% of tokens positioned on this roadmap safe a full itemizing inside per week. RSC’s buying and selling quantity soared 519%, reflecting heightened curiosity in ResearchHub’s decentralized science platform. With a complete market cap of $62.5 million and ResearchHub’s DeFi sector TVL at $609 million, additional upside might be triggered by a confirmed itemizing, anticipated by July 27.
Electroneum soars on BTCC endorsement
Electroneum recorded the best single-day efficiency among the many three, climbing 65%, backed by a 119% weekly achieve. The transfer got here after BTCC’s July report highlighted ETN’s quick 5-second transaction pace and full Ethereum Digital Machine (EVM) compatibility. Social media mentions rose 628%, and the token’s Relative Energy Index (RSI) hit 88, indicating sturdy momentum. Regardless of buying and selling beneath $0.01, ETN’s 104% month-to-month achieve far outpaces Bitcoin’s 17% in the identical interval.
Staking demand lifts REI Community
REI Community additionally surged 63%, buoyed by latest integrations with AI platform Metya and mining protocol WizoLayer. Its partnership with Nerve Community has supplied staking rewards of as much as 98% APR, attracting substantial inflows. With 22% of its circulating provide now locked, REI’s 81% month-to-month achieve demonstrates the rising enchantment of EVM-compatible chains providing real-world use circumstances. The token’s present market cap stands at $26 million.
Kosta has been working within the crypto trade for over 4 years. He strives to current completely different views on a given matter and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced protection of occasions and developments within the crypto house, offering data to his readers from a impartial perspective.
