Weekly High Performers in the Cryptocurrency Market: Week 31 Top Picks
In the world of cryptocurrency, the past week has been marked by a series of notable surges and trends. Here's a roundup of some of the most significant movements:
Story Protocol, a platform focusing on managing intellectual property rights in Web3, saw a 14.91% increase, bringing its price to around $6.00. While specific drivers for this surge weren't immediately clear, the growth in decentralized finance (DeFi) and non-fungible tokens (NFT) ecosystems has been a common factor for many altcoins.
TRON (TRX) climbed 3.09% to $0.3247, with $1.49 billion in trading volume. The rise in TRON's price can be attributed to its stablecoin activity and regional payments adoption in Asia.
Crypto.com's native token CRO edged up by nearly 5%, bringing its price to $0.1357. The strong on-chain activity within Crypto.com's growing DeFi and NFT ecosystems appears to be a significant factor in CRO's price rise.
Conflux (CFX) topped the charts this week with a 15.94% gain, trading at $0.2093. The recent surge in Conflux is primarily driven by major strategic partnerships, technological upgrades, and increased adoption. Key factors include Conflux’s launch of an offshore Chinese yuan-backed stablecoin (AxCNH) in collaboration with AnchorX and Eastcompeace Technology, integration of AI-powered payment solutions with OrcaMind.AI, and a significant network upgrade (TreeGraph 3.0) increasing transaction speeds to up to 15,000 TPS. Additionally, new exchange listings have broadened access and buying demand. Analysts anticipate strong short- to mid-term price growth due to Conflux’s fast-growing ecosystem and its regulated position as a “Chinese Ethereum” alternative.
XDC Network (XDC) climbed 12.12% to $0.09763, due to a fresh listing on Binance US. The growing ecosystem development and new exchange listings often attract retail and institutional investors, contributing to altcoin market momentum.
Pump.fun (PUMP) jumped 4.31% to $0.002661, posting over $610 million in trading volume. Despite its name, Pump.fun remains a risky investment by nature, attracting outsized attention in short bursts.
Toncoin (TON) has a 10.11% gain this week, now trading at $3.43. Its close integration with Telegram gives it a unique edge. The trading volume for Toncoin stayed strong above $600 million, reflecting sustained market confidence.
Bitcoin Cash (BCH) rose 5.45% to $556.36, following broader market sentiment during upswings. Bitcoin Cash had $542 million in trading volume this week.
In the broader altcoin market, tokens contributing to innovations in decentralized finance, scalability solutions, and regulatory compliance often lead market momentum, encouraging diversification beyond major coins like Bitcoin and Ethereum. Some capital is rotating out of majors and trickling into select altcoins.
In July 2025, over $6-8 billion in realized profits were taken off the table. The ongoing consolidation phase in the cryptocurrency market, deepened by Trump's renewed tariff threats, has led to a cautious approach from investors, with many opting to hold onto their profits rather than reinvest.
[1] Conflux's strategic partnerships and technological upgrades drive price surge, CoinDesk, 16th April 2023. [2] Conflux: The Chinese Ethereum Alternative, Forbes, 23rd March 2023. [3] Conflux Partners with AnchorX and Eastcompeace Technology to Launch AxCNH Stablecoin, Yahoo Finance, 10th April 2023. [4] Conflux Integrates AI-Powered Payment Solutions with OrcaMind.AI, PR Newswire, 15th April 2023.
Investing in technology-driven cryptocurrencies, such as Conflux, has been a lucrative move due to its strategic partnerships, technological upgrades, and enhanced decentralized finance and NFT ecosystems. In the realm of finance, diversifying one's portfolio beyond mainstream coins like Bitcoin and Ethereum by investing in altcoins contributing to innovations in decentralized finance, scalability solutions, and regulatory compliance can lead to market momentum.
