Last week saw a positive trend in the cryptocurrency market as the Bitcoin and Ethereum bears lost out to the bulls. Several altcoins posted significant gains on both weekly and daily charts, boosting overall market optimism.
There are several tokens on the list of weekly gainers with noteworthy boosts. Aptos (APT) tops the list, followed by Decentraland (MANA). 3rd place is Solana (SOL). There are also some other tokens that have made notable profits.
Aptos (APT), a Layer 1 PoS blockchain commonly referred to as the “Solana killer,” has performed exceptionally well among alternative coins. On Jan. 12, APT confirmed that the value has risen significantly following the release of his CPI data for the US.
This lifted APT to close at $6.55, up a whopping 22%. Nevertheless, APT is currently trading above the key resistance of $8.103, up 6.39% over the past 24 hours, up an impressive 112.24% in a week, according to the latest data from coinmarketcap. is showing
Decentraland’s (MANA) token has seen a significant increase in value. It is currently trading at $0.7043, up 18.94% over the past 24 hours and up 87.39% over the past 7 days, according to CoinMarketcap. This price spike is due to factors such as the new profile and avatar features that Decentraland has introduced for its users. Tweet.
Solana (SOL) outperformed the entire cryptocurrency market as the weekend began, gaining a massive 70.32% in value over the past week. As reported by Tron Weekly, despite positive trends in Bitcoin and Ethereum, both of which have risen above key resistance levels, Solana has reached 40 in a short period of time on Jan. 14. % price increase and attracted a lot of market attention.
Coinmarketcap reports that SOL is currently trading at $23.27, up 2% over the past 24 hours. However, this upward trend has helped solidify Solana’s position in the market and shows the strength of its ecosystem.
Additionally, some popular coins have risen on the weekly charts, such as Avalanche (AVAX) with a 52% Flow and a 41% increase. According to data from CoinMarketcap, NEAR Protocol (NEAR) is up 35% and Filecoin is up 39%. Additionally, loss-making altcoins on the weekly chart include USDC, BUSD, LEO, and DAI.
Bitcoin (BTC) & Ethereum (ETH) Weekly Review
Over the past seven days, the bulls have gained an advantage over the bears as Bitcoin (BTC) price broke above the critical $21,000 resistance level and Ethereum (ETH) traded near $1,600.
On January 12th, Bitcoin (BTC) surged in value, breaking the $19,000 threshold to reach a two-month peak. This was the highest since November 8, when it briefly crossed $20,000.
Assets climbed above $20,000 and just above $21,000 in the early hours of January 14 as the bulls pushed the price higher. However, unable to sustain it, it fell to $20,900 and finished the week at $20,976 where he started at $16,954, indicating a bullish trend.
Similarly, Ethereum (ETH) also surged above $1,400. ETH started the week at $1,264.18, but the next day he broke the $1,300 resistance and moved up significantly, reaching a peak of $1,432.28 on January 12th. Towards the end of the week, the bulls pushed the price up to a large resistance of $1,563.74 on Jan. 14, but were unable to sustain it, ending the week at $1,550.71.
However, Bitcoin is currently trading at $20,902.63, up 0.04% over the past 24 hours and up 23.08% over the past 7 days, according to CoinMarketcap data. Ethereum, on the other hand, is trading at $1,552.30, up 1.01% daily and up 22.00% on the weekly timeframe.
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