Altcoins Post Strong Daily Gains As Efinity And Casper Network Lead Market Rally
The post Altcoins Post Strong Daily Gains As Efinity And Casper Network Lead Market Rally appeared on BitcoinEthereumNews.com.
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. 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…
