The cryptocurrency market witnessed notable price movements today, with 5IRE (5IRE) emerging as the top gainer, surging by 45.6%. This sharp increase has placed the project ahead of other strong performers, including BLOCK (32.0%), BZZ (29.2%), and QI (27.6%). The latest rally highlights increased investor interest in specific digital assets despite broader market volatility.
5IRE’s impressive run has brought its current price to $0.003, with a market cap of $2.3 million, according to Phoenix Group’s latest daily gainers report. The project’s recent momentum aligns with growing traction in blockchain sustainability initiatives, which could be driving renewed investor enthusiasm.
DAILY GAINERS#5IRE +45.6% $BLOCK +32.0% $BZZ +29.2% $QI +27.6% $SAROS +21.4% $VGX +21.4% $SYNTH +19.1% $NGL +17.7% $LUMIA +15.4% $STPT +12.6%#dailygainers pic.twitter.com/3WXtPNHlep
— PHOENIX – Crypto News & Analytics (@pnxgrp) February 6, 2025
BLOCK and BZZ Follow with Strong Double-Digit Gains
Following closely behind 5IRE, BLOCK (BLOCKASSET) saw a significant 32.0% increase, now trading at $0.07. With a market cap of $19.5 million, the asset has gained attention, particularly among traders on major exchanges. BLOCK’s rise could be linked to increasing adoption within the blockchain-based asset management space, where tokenized assets are gaining ground.
BZZ (Swarm) also saw a substantial increase of 29.2%, pushing its market price to $0.35, with a market cap of $22.3 million. Swarm’s blockchain-based storage solutions have seen periodic spikes in interest, particularly as decentralized infrastructure projects gain momentum.
The cryptocurrency QI (BENQI) recorded a 27.6% increase, placing it among the day’s strongest gainers. Trading at $0.01 and holding a market cap of $67.7 million, BENQI’s momentum aligns with increased DeFi activity, as liquidity protocols continue to attract capital inflows. Another notable mover, SAROS (SAROS), jumped 21.4%, reaching $0.01 with a $36.1 million market cap. The steady growth of SAROS reflects growing confidence in emerging DeFi projects that offer novel financial solutions.
Meanwhile, VGX (Voyager) also saw a 21.4% gain, now priced at $0.009, with a $9.2 million market cap as per the data. Voyager’s ecosystem continues to garner interest despite the challenges faced by centralized crypto platforms.
SYNTH, NGL, and LUMIA See Noteworthy Growth
Beyond the top five, SYNTH (Synthr) posted a 19.1% gain, bringing its price to $0.01, with a $6.3 million market cap. The project, which focuses on synthetic asset creation, has been benefiting from increased attention toward decentralized derivatives. Another notable mover, NGL (Entangle), climbed by 17.7%, reaching $0.06, with a market cap of $36.0 million. Its rise underscores the growing demand for blockchain-based interoperability solutions.
LUMIA (LUMIA) also posted a respectable 15.4% increase, bringing its price to $0.70 and its market capitalization to $54.8 million. STPT (STP) closed the list of top gainers with a 12.6% rise, trading at $0.06, with a market cap of $130.1 million. The project’s sustained performance indicates ongoing demand for tokenized governance solutions within the Web3 space.
