This Monday, the cryptocurrency market maintained a steady upward trend, with its overall valuation reaching $2.3 trillion, marking a 1.72% increase over the past 24 hours. Throughout the week, six cryptocurrencies recorded double-digit gains, while approximately two dozen others experienced significant losses.

Crypto Market Shows Mixed Performance

The crypto market witnessed a varied performance this week, with several digital currencies either declining or experiencing stagnant growth against the U.S. dollar. Bitcoin saw a 1.44% decrease, while Ethereum dropped by around 4%.

Notable trading volumes for the week, excluding BTC, ETH, and stablecoins, were observed in SOL, BNB, DOGE, and PEPE. Additionally, XRP, TON, SHIB, WIF, and WLD also saw substantial trading activity during the week.

Top Gainers and Losers of the Week: Cheelee Surges, Pendle Declines

CHEEL emerged as the top gainer in the past seven days.

The standout performer of the week was cheelee (CHEEL), which appreciated by 21.6% against the U.S. dollar. Pepe (PEPE) followed closely with a 13.8% increase, trailed by render's (RNDR) ascent of 13.7%.

Aioz network (AIOZ) rose by 13.2%, safe (SAFE) climbed 13%, and thorchain (RUNE) saw a 10.4% uplift. Other notable gainers included akash network (AKT) with a 9.5% increase, kaspa (KAS) up by 7.1%, and tron (TRX) advancing by 5.7%.

On the other hand, approximately 24 cryptocurrencies recorded declines of 10% or more over the past week, with pendle (PENDLE) experiencing the most significant drop of 20.5%. PENDLE was followed by bittensor (TAU) with a decrease of 19.6%, and zebec protocol (ZBC) with a decline of 15.7%.

Additional notable losers for the week included ribbon finance (RBN) down by 15.5%, and wormhole (W) decreasing by 14.3%. TIA, CORE, and HNT also saw notable reductions dThis Monday, the cryptocurrency market maintained a steady upward trend, with its overall valuation reaching $2.3 trillion, marking a 1.72% increase over the past 24 hours. Throughout the week, six cryptocurrencies recorded double-digit gains, while approximately two dozen others experienced significant losses.