- Efinity and Casper Network led altcoin gains with strong trading volume on MEXC and Bitget.
- Sector-specific tokens in gaming, NFTs, AI, and privacy recorded major price increases.
- Altcoins outperformed Bitcoin’s stability as investors focused on blockchain innovation projects.
According to data released by Phoenix Group, the crypto market recorded a large rally on April 28, 2025, with several altcoins posting daily gains. Investors displayed renewed sector-specific interest in blockchain gaming, NFTs, scalability projects, AI initiatives, and privacy tokens. Trading volumes across key exchanges reflected increased engagement as altcoins outpaced Bitcoin’s relative stability.
DAILY GAINERS$EFI +80.8% $CSPR +62.2% $FX +44.3% $SUPRA +36.7% $XMR +34.5% $PENGU +33.9% $BMT +31.2% $ARC +26.6% $GRIFT +24.3% $DEEP +21.2%#dailygainers pic.twitter.com/rkiSJwAXCN
— PHOENIX – Crypto News & Analytics (@pnxgrp) April 28, 2025
Efinity (EFI) led the list of top gainers with an 80.8% increase, pushing its price to $0.21. The token’s market capitalization rose to approximately $301.8 million. A large portion of EFI’s trading volume was registered on MEXC Exchange. The price movement corresponded with broader interest in gaming and NFT-related blockchain ecosystems, sectors that have shown recurring trading spikes throughout 2025.
Casper Network (CSPR) ranked second among daily gainers, climbing 62.2% to trade at $0.11. By the end of the session, its market capitalization reached $213.3 million. Additionally, heavy trading activity occurred on Bitget, suggesting focused accumulation around scalable Layer-1 blockchain platforms. During the session, CSPR’s movement marked one of the highest single-day increases among infrastructure-focused tokens.
Function X, Supra, and Monero Record Significant Gains
Function X (FX) posted a 44.3% daily gain, trading at $0.12 with a $101.6 million market capitalization. The token saw most of its trading activity on CoinEx. FX’s rise added to the day’s broader theme of investors seeking alternatives within decentralized ecosystems.
Source: X
Supra (SUPRA) advanced 36.7%, pricing at $0.007 with a total market capitalization of $88.1 million. Trading activity for SUPRA was largely concentrated on Bybit. The gain positioned SUPRA among the leading smaller-cap tokens, showing increased momentum.
Monero (XMR), the largest token by market capitalization among the day’s top performers, rose by 34.5%. XMR closed at $308.38, expanding its market cap to $5.6 billion. KuCoin registered the highest volume of Monero trading for the day.
Pudgy Penguins’ PENGU Token Extends Uptrend
Pudgy Penguins’ token, PENGU, climbed by 33.9%, reaching $0.80. The token’s market capitalization hit $836.5 million, driven largely by trading activity on BitMart. PENGU’s move reflected heightened interest among retail participants in NFT-linked tokens. Despite market fluctuations earlier in the month, PENGU maintained consistent momentum through April’s final week.
Other Top Gainers: BMT, ARC, GRIFT, and DEEP
Many other tokens also received an increase in value throughout the day during the trading session. Some of the company’s mining stocks, including BubbleMaps (BMT), were up 31.2%, and AI Rig Complex (ARC) was up 26.6%. Orbit’s GRIFT token also gained 24.3%. DeepLock’s DEEP token also featured a 21.2% gain toward the bottom and was last at $0.21.
The market observed a more focused accumulation on particular sectors like finance, rather than the broad-based buying witnessed in the previous session on April 28. Most of the gains were seen in sectors involving technology, gaming, NFTs, Blockchain scalability, Artificial Intelligence, and privacy coins.
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