Top Crypto Gainers This Week: Optimism, Injective, Stacks, Sei, Solana, and NEAR Protocol

Maxwell Mutuma
December 25, 2023 Updated December 24, 2023
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Crypto Headlines Of The Week: Bitcoin, Ethereum & Meme Coins Echo Frenzy

The cryptocurrency market recently witnessed a remarkable surge during the week. Optimism (OP), Injective (INJ), Stacks (STX), Sei (SEI), Solana (SOL), NEAR Protocol (NEAR) have emerged as the week’s top crypto gainers. This rally highlights the market’s dynamic nature and growth potential of the cryptocurrency market. Besides, it underscores the inherent volatility of the crypto space. Consequently, investors and enthusiasts are keenly observing these developments.

Optimism (OP)

Optimism, with a current price of $3.24, has seen a 26.35% rise. Operating as a layer-two blockchain on the Ethereum network, Optimism significantly taps into Ethereum’s security features while concurrently boosting scalability by implementing optimistic rollups. This dual advantage positions Optimism as a pivotal contributor within the Ethereum ecosystem. Moreover, the OP token has recorded a price increase of 48.12%. 

OP/USD 7-day price chart (Source: CoinMarketCap)

Injective (INJ)

Injective, with a price of $40.50, saw a 1.98% increase. This blockchain caters to finance, supporting various DeFi applications. Hence, its role in decentralized exchanges and lending protocols is crucial. In the past 7 days, the Injective has seen a price surge of 30.39%, indicating the pressure of bulls in the INJ market.

INJ/USD 7-day price chart (source: CoinMarketCap)

Stacks (STX)

Stacks, another notable gainer, is currently at $1.41. It experienced a 6.02% increase in the last 24 hours and 36.05% over the past 7 days. Stacks introduces smart contracts to Bitcoin, bridging a crucial gap in the blockchain world. Moreover, it facilitates decentralized applications using Bitcoin.

STX/USD 7-day price chart (Source: CoinMarketCap)

Sei (SEI)

SEI, the native token of Sei, has, over the last 7 days, gained 52.02% in its price. As Per CoinMarketCap, Sei’s price is $0.382990, marking a 4.53% increase in the past 24 hours. This Layer 1 blockchain offers exchanges a unique edge. Hence, it attracts significant attention in the trading sector.

SEI/USD 7-day price chart (Source: CoinMarketCap)

Solana (SOL)

Solana is priced at $95.69 and has increased by 1.81% in the last 24 hours. It stands out for its decentralized finance solutions and open-source functionality. Moreover, its focus on blockchain technology’s permissionless nature sets it apart. The SOL token has recorded a price of 28.09% in the last 7 days.

SOL/USD 7-day price chart (Source: CoinMarketCap)

NEAR Protocol (NEAR)

NEAR Protocol, priced at $3.31, has recorded a 44.35% price increase in the last 7 days.  The Ethereum competitor is a layer-one blockchain offering solutions like high transaction speeds and interoperability. Additionally, it functions as a community-run cloud computing platform.

NEAR/USD 7-day price chart (Source: CoinMarketCap)

These top gainers reflect the dynamic and evolving nature of the cryptocurrency market. Each brings unique strengths and innovations, driving the market forward. 

Read Also: Crypto Price Prediction For December 23: ETH, NEAR, SEI

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.