Movers of the Day 5-Mar-2025

Tokens and coins that moved the most in the last 24 hours:

Top Movers of the Day:

• Bitcoin Cash and Jito Labs: These cryptocurrencies have grown remarkably over the past day.
• Axelar has increased by 4.54% since 7 p.m.

Overview: Over the last day, the crypto market experienced volatile trading with sharp swings in both directions:
✔ After a pullback, the market found strong support and began another upward move. ✔ Despite intraday fluctuations, the market remains bullish.

2100NEWS NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index has mirrored the broader market’s sentiment, and the market movement is presented with the chart of this index (on the left). The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported gains from 0.41% to 1.24% since 7 p.m. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has recovered by 2.45% over the last day. Bitcoin and Ether: Over the past day, Bitcoin has recovered by 4.30%, while Ether has underperformed Bitcoin, surging by 3.28%.

Supplemental notes detail the criteria for highlighting these specific cryptocurrencies and indices. The provided data offers a snapshot of the last 24 hours until midnight. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.

Axelar (AXL)

Axelar claims to deliver “secure cross-chain communication for Web3.” The project provides a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools, and APIs. Axelar features three core components – a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity. Powered by a decentralized network of validators, anyone can join the network, build on it, or use it. Apps builders can interact with a simple API atop a permissionless network that routes messages and ensures network security via a proof-of-stake (PoS) consensus mechanism. AXL is the native token of the Axelar network. The protocol also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions, including AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC.

7:10 p.m. update: The top movers of the day are Bitcoin Cash and Ondo Finance, which has increased by 5.34% since 2 p.m. Bitcoin Cash is 1.90% higher. Chainlink has increased by 0.61%.

In the afternoon, the crypto markets took a breath for a while. Nevertheless, 2100NEWS Indices have increased up to 4.93% in the last 24 hours. 2100NEWS Total Index (NWST1100) is 4.45% higher. Ether has increased by 3.41%, Bitcoin even by 5.21%.

Ondo (ONDO)

Ondo Finance focuses on tokenizing real-world assets (RWAs) to improve liquidity, accessibility, and efficiency in financial markets. Ondo Finance offers several products, including the OUSG Fund and USDY. The OUSG Fund is a tokenized version of BlackRock’s iShares Short Treasury Bond ETF, providing liquid exposure to short-term US Treasuries. USDY is an interest-bearing stablecoin backed by short-term US Treasuries and bank deposits, designed to offer yield to its holders.

Top Movers of the Day (at 2 p.m. update):

• Bitcoin Cash and SuperVerse: These cryptocurrencies have grown remarkably over the past 24 hours.
• Hamster Kombat has risen by 13.77% since the morning update.

Overview: Over the last 24 hours, the crypto market reversed sharply after early weakness, breaking into an uptrend with higher highs and lows. After some sideways movement, the market surged again, showing buyer dominance.
Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips”. The index has mirrored the overall trend. The 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported recoveries ranging from 1.15% to 2.73% since midnight. 2100NEWS Total Index (NWST1100): Representing a broad spectrum of the crypto market, this index tracks 1100 significant cryptocurrencies based on their market cap. It has recovered 7.18% over the last 24 hours, reflecting a strong bullish turnaround. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered by 7.95%, while Ether has underperformed Bitcoin, recovering by 5.42%.

SuperVerse (SUPER)

The SuperVerse is building and delivering Web3 products that empower crypto natives with next-generation NFT functionality and onboard Web2 users through immersive blockchain gaming experiences. The SuperVerse comprises two core verticals: NFT marketplace technology and video games. This wide array of Web3 tools and features is supported and governed by a single protocol and token: $SUPER ERC20 (formerly SuperFarm). The SuperVerse harbors two central products: GigaMart, a next-gen NFT marketplace with advanced analytics tools and unique social features, and Impostors, a social-gaming metaverse.”

Top Movers of the Day (at 9 a.m. update):

• Aave and Cardano: These cryptocurrencies have grown remarkably over the past 24 hours.
• Hedera has increased by 3.24% since midnight.

Overview: Over the last 24 hours, the crypto market initially confirmed continuing the bearish trend before buyers stepped in aggressively, triggering a V-shaped recovery. After the initial breakout, the index traded sideways.

✔ The market staged a strong comeback after an initial dip, signaling renewed bullish strength.
✔ Short sellers were likely squeezed, contributing to the fast-paced recovery.

1. NWSBCT Index for Blue Chips: This index focuses on the more established cryptocurrencies, colloquially known as the “Blue Chips.” The index mirrored the overall market trend.
2. 2100NEWS Total Index (NWST1100): This index represents a broad spectrum of the crypto market and tracks 1100 significant cryptocurrencies based on their market cap. It has recovered by 5.15% in the previous 24 hours.
3. Bitcoin and Ether: Over the previous 24 hours, Bitcoin has recovered by 3.39% and Ether by 3.61%.

Hedera (HBAR)

Hedera is a decentralized public network that allows you to make your digital world exactly as it should be – yours. Whether you’re a startup, enterprise, creator, or consumer, Hedera goes beyond blockchain for developers to create the next era of fast, fair, and secure applications.