The recent progress in Ethereum exchange-traded funds (ETFs) has significantly influenced the cryptocurrency market. As the process gains momentum and expectations soar, the focus has shifted back to digital currencies. During this period, the price of Bitcoin has surged past $71,000. Which alternative cryptocurrencies have benefited the most from this upswing?

Pyth Network Sees Notable Gains

Pyth Network (PYTH), a relatively new player in the cryptocurrency space, has emerged as one of the top gainers on Coinmarketcap. Despite recent setbacks, PYTH is demonstrating a swift recovery.

At the time of writing, PYTH is trading at $0.4934, having experienced a 29.56% increase over the past 24 hours. Over the last seven days, its price has risen by 18.98%. However, its 30-day price movement indicates a 28% decline.

PYTH's market capitalization has reached $1.788 billion, ranking it 57th. Its 24-hour trading volume has seen a substantial 162% increase, reaching $694 million.

Lido DAO Experiences Significant Price Increase

Lido DAO has been one of the day's biggest winners. LDO, which has capitalized significantly on the rise of Ethereum and Bitcoin, is currently trading at $2.18 after a 27.47% increase over the past 24 hours.

LDO's seven-day price movement shows a 32.91% increase. Its market capitalization has risen to $1.943 billion, ranking it 56th, just ahead of PYTH. Its 24-hour trading volume has seen a nearly 300% increase, reaching $294.8 million.

BONK Coin Sees Substantial Growth

BONK, a top-performing cryptocurrency last year and this March, has made a significant impact over the last 24 hours. Solana's BONK is trading at $0.00003224 after a 25.24% rise over the past 24 hours. BONK's market capitalization has surpassed $2 billion, ranking it 53rd.

Following the SAGA phone airdrop last year, BONK's 24-hour trading volume has increased by 67%, reaching $901 million.