The crypto space is heating up once more, and some of the popular tokens are making headlines with significant price action. Whether it's a meme token that's causing a stir or a speedy new blockchain that's taking off, the following five tokens have displayed robust momentum in recent times. Let's dive a little deeper into what's pushing them.
The SEI token is in the news today following its 41% rise in only one day, currently trading at $0.2881. Such a steep price surge arises as a combination of technical indicators, increasing DeFi adoption, and favorable news of ceasefire from all over the globe boost the confidence in the crypto market. The largest contributor to the price hike of SEI is the latest Israel-Iran ceasefire declared by President Trump. This development has assisted the crypto space in recouping 4.34% of its value. Under this auspicious situation, SEI witnessed enormous trading volume.
Sei is a smart blockchain that was developed to increase the performance and the velocity of decentralized exchange as well as crypto trading.
Benefits
It is the first layer of blockchain designed specifically with trading platforms and applications.
Sei eliminates delays or crashes at high-volume trading.
It is future-proof with a carbon agenda and high speeds.
This token is currently trending in the crypto market, it has seen an increase of 24% in the last one day. While in the last 7 days it is up by 5.75%. As of writing it is trading at $0.8568. The trading volume has skyrocketed by more than 100% in the last 24 hours. The price surge is due to the technical bullish momentum. Another reason for the price rise is meme-sector rotation, capital has gone into high-beta assets, where the dominance of Bitcoin has reduced. The overall crypto market rebound has also contributed to the upward momentum.
It is a meme token on Solana that is enjoyable WIF and the token is set out as a Shiba Inu in a hat which is popular among the fans of meme or crypto coin.
Benefits
WIF is an attempt to bring humor and fun into crypto with its mascot, a Dog wearing a hat.
It is built on Solana and has a low cost and speedy transacting ability to act as a trader.
The community has meme competitions, charity, and promotes creative, social life.
SIX Token experienced a massive 62% increase in its value in just 24 hours as of writing the price is $0.0269. On January 23, 2025, there was a report that 21Shares had submitted an application for a Dogecoin ETF and said it would be traded on the SIX Swiss Exchange in Switzerland. Although this had nothing to do with SIX Token, many traders were probably confused due to the name similarities. This caused there to be a huge surge of people buying SIX Token in hopes that it would be related to the news. The price also crossed some significant levels of resistance on the chart, which made more buyers flock to it. In addition to that, the volume of trading rose more than 3,700%, indicating a speculative frenzy.
SIX is an engine of Synesis One, which facilitates businesses to utilize blockchain simply, effectively, and conveniently.
Benefits
SIX eliminates tech barrier to ensure companies find it easy to have access to blockchain tools.
It facilitates safe, transparent, as well as intelligent businesses across the globe.
It is a token that belongs to a network that is expanding to concentrate on use cases of the real world blockchain.
Sonic (S) rose almost 20% within a span of 24 hours following the announcement by Coinbase that it would list the Sonic token. It was announced on June 23, and trading on the official list started on June 24. The listing generated much enthusiasm in retail investors, driving both price and volume up, volume surged by 76% to $266.6 million, and open interest increased by 9.57%. It was taken as an opportunity for greater exposure and confidence in the token by many traders. The price also recovered from recent lows at $0.25 and trended towards $0.338, supported by robust technical indicators. Additionally, the general cryptocurrency market was rebounding, with Bitcoin crossing $106K, further boosting Sonic's surge. It is now trading at $0.3386.
Sonic is a superfast Layer 1 that incentivizes developers and enables the new generation of DeFi applications and games.
Benefits
Processes 400,000 transactions every second in blazing speed outcomes.
A part of the earnings is the developer fees up to 90 percent.
Provides a secure passage to Ethereum to have convenient liquidity.
HIFI experienced a robust 36.7% price surge over one day, primarily attributed to a chart breakout and increasing market optimism. The token emerged from a downtrend price pattern and began to push higher towards important resistance at $0.1304, drawing in even more traders. Meanwhile, volume erupted, rising 572% to $82.3 million, indicating many individuals were entering the market. The total crypto market also supported HIFI, with total market capitalization increasing by 5% and the fear and greed index shifting from "Fear" to "Neutral," registering better investor sentiment.
HIFI allows lending and taking of loans in crypto with a fixed interest rate and negotiation is not required. It is now priced at $0.1062.
Benefits
Fixed rate lending enables one to make better plans without adjusting the conditions.
The user profits by depositing crypto to the lending pools.
HIFI token is also used to provide voting rights in order to operate the platform.
From meme coins to serious DeFi players, these tokens are demonstrating genuine action in both interest and price. Each has its own position in today's crypto landscape. But as ever, do your own research first, crypto is full of potential, but with risk comes reward.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.