The crypto market is seeing a burst of activity, with several altcoins outperforming the broader market.
According to CoinMarketCap’s momentum algorithm, which tracks price movement, social trends, and news catalysts, Qubic, Conflux, and Tezos are the standout performers over the past 24 hours.
Qubic (QUBIC) Gains 25.6% in 24 Hours on AI Sector Surge
Qubic’s price rose by 25.6% over the last 24 hours, driven by renewed excitement in the AI cryptocurrency sector, which itself climbed 16% in a single day. The project’s focus on distributed computing and profitable CPU mining has sparked strong social media engagement, contributing to a 248% increase in trading volume. Its Relative Strength Index (RSI) has climbed to 76.31, indicating overbought conditions, yet momentum remains positive as traders continue to favor AI-aligned tokens.
Conflux (CFX) Explodes 55% in 24 Hours Following Acquisition Buzz and Supply Shock
Conflux posted the largest 24-hour gain among top trending coins, soaring 55% on the day. The rally was triggered by speculation that Hong Kong-listed biotech firm Leading Pharma plans to acquire the project, mirroring a 10% spike in the company’s stock price. Additionally, recent supply-side developments, including the burning of 76 million CFX tokens and staking of 500 million more, have reduced the circulating supply by roughly 11%, further boosting investor enthusiasm.
Tezos (XTZ) Rallies 47% in 24 Hours Amid Institutional DeFi Momentum
Tezos surged by 47% over the past 24 hours, breaking a seven-month downtrend. The sudden move follows the rollout of tokenized yield products by Midas on Etherlink, Tezos’ Layer 2 network aimed at institutional DeFi. The total value locked (TVL) on the platform jumped to $45.4 million. All key exponential moving averages flipped bullish, while RSI surged to 91—signaling extreme buying pressure and renewed market confidence.
These 24-hour moves reflect more than just hype—they’re underpinned by strong narratives in AI, supply mechanics, and institutional DeFi adoption. Traders are chasing momentum in areas showing both technological innovation and limited token supply, even as some technical indicators suggest near-term overheating.
