The market cap has experienced a decline, but a significant surge of 76.67% is noticeable, bringing the total value to $140.44 Billion. This surge might signal a market recovery.

In this blog, let's explore the top-performing cryptocurrencies of the week.

Top Crypto Gainers of the Week

The second week of April is coming to an end, with the Bitcoin halving event approaching. This week's top crypto gainers include Nervous Network, Neo, Toncoin, Ethena, and VeChain.

Nervous Network (CKB)

Nervous Network (CKB) has been the top crypto gainer of the week, with a 39% surge. It is currently trading at $0.02725. However, a slight decline has occurred in the last few hours after reaching a three-year high of $0.03739 earlier on the 10th of April.

CKB ranks 75th on CoinmarketCap, with a market cap of $1,199,712,268. Its trading volume has significantly increased in the last 24 hours, leading to a current value of $321,751,287 after a 43.72% increase.

Neo (NEO)

Neo (NEO) has attempted a bullish peak this week, with the price reaching $23.53 after almost two years. It is currently trading at $20.14 after a 31% surge this week.

The impact of crypto market volatility is visible on Neo's performance over the past day. It has experienced a minor dip in the last few hours, with the market cap at $1,417,686,698 after facing a 9% decline. The number of transactions has also decreased for Neo, with the current trading volume at $460,791,440, representing an 8% decrease.

Toncoin (TON)

Toncoin has shown its best performance this week, surging to a new all-time high of $7.65 two days ago. Currently, Toncoin is trading at $6.81, with a 27% surge in a week.

TON ranks 9th on CoinmarketCap, overtaking Cardano in the rankings. It is among the best crypto gainers this month, with a 60% surge. Its market cap is at $23,655,717,700, with a trading volume of $855,183,727, representing a 50% increase in the last 24 hours.

Ethena (ENA)

ENA has made it to the top crypto gainers list for the second time. It is trading at $1.30 after surging 20.74% this week, with a market cap of $1,552,414,107. The ENA token is newly launched and has surged 88.45% since its launch.

Earlier on the 11th of April, it reached an all-time high record of $1.52, which is just 15% away from its current value. Based on this current performance and a 68% surge in TON's trading volume, pushing the value to $1,554,603,973, the chances are good for TON to surge over the ATH soon.

VeChain (VET)

VeChain's price has attempted to recover this week, with the price surging by 10%. The VET token is trading at $0.045, with a market cap of $3,279,440,994.

Although the price has declined slightly today, the number of transactions has surged 14% in the last 24 hours. As a result, the trading volume is $248,846,434.

In conclusion, Nervous Network, Neo, Toncoin, Ethena, and VeChain have emerged as the top crypto gainers this week, managing to rise despite the changing trends and crypto market volatility. Among these crypto gainers, Nervous Network stood out as the top performer due to its 39% price surge.