Altcoin Sentiment Surges Amid Investor Rotation
A recent analysis of the cryptocurrency market has revealed a notable shift in investor sentiment, leading to significant gains for several major altcoins.
The five projects that have recorded gains above 20% are Render (RENDER), Virtuals Protocol (VIRTUAL), Near Protocol (NEAR), Jupiter (JUP), and Ethena (ENA).
Render's price expansion has been attributed to increased demand for AI-related services, while Virtuals Protocol's growth is supported by growing interest in AI-integrated blockchain tools.
Near Protocol has also seen outstanding weekly gains as ecosystem metrics improved, with developer activity remaining stable and network usage increasing modestly.