Five altcoins that made an impact on the day: Surprising rises!

As Bitcoin (BTC), the leading cryptocurrency, wraps up a positive week, which altcoins have started the weekend on an upward trajectory?

Spot Bitcoin saw a revival with the increasing demand for spot Bitcoin ETFs and the emergence of institutional spot Bitcoin ETFs. The pioneer of cryptocurrencies showed a positive outlook last week. BTC has experienced an increase of nearly 8% since May 13, the first trading day of the week.

With the rise in BTC, there has also been an influx of money into altcoins. Crypto investors believed that the correction process focused on agenda and news flow had come to an end.

With the end of an upward week, which altcoins started the weekend with movement? Here are the top five altcoins that rose the most today...

1- Gnosis (GNO)

Gnosis (GNO), which provides new mechanisms and active infrastructure support for decentralized finance (DeFi), has experienced a 10.67% increase in the last 24 hours. GNO, an Ethereum-based decentralized crypto project, has become the altcoin with the highest increase of the day.

According to data obtained from CoinMarketCap, GNO has achieved a trading volume of $24.52 million in the last 24 hours. GNO's market value is at $787 million.

2- Ondo (ONDO)

With the increasing development of artificial intelligence, Ondo (ONDO), which has gained popularity, experienced a 10.54% increase in the last 24 hours. ONDO, one of the most popular artificial intelligence initiatives of recent times, became the second most valuable altcoin of the day.

According to data obtained from CoinMarketCap, ONDO has achieved a trading volume of 335 million dollars in the last 24 hours. The market value of ONDO is at the level of 1.422 billion dollars.

3- Pendle (PENDLE)

The two artificial intelligence projects were listed among the top five altcoins that rose the most during the day. Following ONDO, another altcoin that rose the most during the day was Pendle (PENDLE). The artificial intelligence initiative PENDLE recorded an increase of 10.50% in the last 24 hours.

According to data obtained from CoinMarketCap, PENDLE's trading volume in the last 24 hours was $146 million. PENDLE's market value is at $766 million.

4- ORDI (ORDI)

Bitcoin miners' favorite initiative, BRC-20, saw a rise of 9.66% in the last 24 hours, led by its representative ORDI (ORDI). ORDI, which enables the activation and wider adoption of the Bitcoin network, is currently the fourth highest-gaining altcoin of the day.

According to data obtained from CoinMarketCap, the trading volume of ORDI in the last 24 hours was 235 million dollars. The market value of ORDI is at 869 million dollars level.

5- Fantom (FTM)

Fantom (FTM), one of the most popular and widely preferred layer-1 blockchains that has maintained its popularity over time, has experienced an 8% increase in the last 24 hours. The rise of FTM was influenced by Fantom's new blockchain initiative, Sonic.

According to data obtained from CoinMarketCap, FTM has a trading volume of 484 million dollars in the last 24 hours. The popular blockchain project has a market value of 2.47 billion dollars.

This article does not contain investment advice or recommendations. Every investment and trading activity carries risks, and readers should conduct their own research when making decisions.