Newton Gitonga
Digital tokens performed well on Thursday as the global cryptocurrency market cap soared to the $4 trillion mark.
Top altcoins Ethereum, XRP, and BNB gained up to 12% in the previous 24 hours, while Bitcoin remained steady above $118,000.
While most altcoins displayed remarkable performances, Curve Finance (CRV), Polkadot (DOT), and Sonic ($S) dominated trends for different reasons.
CRV and DOT gained traction due to their price charts, whereas Sonic was in the spotlight with its artificial intelligence progress.
CRV breaks key resistance
Curve DAO’s native tokens surged to multi-month highs today, driven by intensified buying activity.
CRV trades at $0.9909 after gaining more than 25% on its daily chart.
Its trading volume has surged 100% to $847.
That confirms increased trader interest in the coin.
Most importantly, CRV has surpassed a descending triangle resistance zone at $0.81.
The hurdle had limited its upside potential in the past few months.
The assets witnessed massive buying after the breakout, targeting the psychological mark at $1.
Continued uptrends might propel Curve’s price to $1.50.
That would mean a nearly 35% upsurge from the current price.
Technical indicators support CRV’s bullish stance.
The 1D Moving Average Convergence Divergence remains well above the signal line, suggesting buyer dominance.
Also, the green histogram suggests market optimism.
Moreover, the Chaikin Money Flow has climbed steadily in the past week.
That indicates cash entering the Curve ecosystem as investors expect more returns.
However, the Relative Strength Index highlights overbought conditions.
CRV could suffer a short-term decline before extending the current rally.
Buyers should maintain the key barrier at $0.81 to keep the bullish narrative at play.
DOT rallies on Proof-of-Personhood proposal
Meanwhile, DOT rode on its community’s excitement.
It has overcome the crucial obstacle at $4.20, which has contained its price actions for almost one year.
DOT eyes further uptrends as it gains momentum above a massive accumulation zone.
The digital coin trades at $4.25 after touching an intraday peak of $4.27.
While the broad market uptrends supported DOT’s rally, Gavin Wood’s speech at the 2025 Web3 Summit in Berlin added to the momentum.
The Polkadot founder proposed introducing the Proof-of-Personhood consensus (PoP) to replace the current Nominated Proof-of-State model.
PoP aims to solve the growing challenges of distinguishing between humans and bots in the AI era, matching web3’s decentralisation objectives while deciphering the urgent identity crisis.
Also, Gavin Wood proposes cutting staking security from $500 million per year to $90 million, restricting self-staking to reduce market manipulation, and restricting validator rewards to $5,000 per month.
Such developments sparked excitement among the DOT community, and analysts anticipate continued price gains in the upcoming sessions.
However, bulls should keep the token above $4.20 for continued rallies in the near term.
Sonic announces AI-powered Spark
Sonic has launched a breakthrough platform that enables users to build and launch Web3 apps (like NFT marketplaces and DeFi protocols) without coding using natural language.
Spark boasts high-tech features, allowing it to generate smart contracts, create frontends, and deploy decentralised applications in a single browser session.
Users only need to describe an idea, and Spark will handle everything, including security checks and debugging.
The official announcement highlighted:
Powered under the hood by Gemini, Google’s cutting-edge LLM, Spark gives you access to state-of-the-art reasoning, code generation, and real-time debugging.
Announcing Spark by Sonic.
Our leap into the AI frontier, Spark enables anyone to build Web3 apps with no code, from contract to UI.
Describe your vision. Spark builds it.
Sonic’s native coin, $S, gained more than 6% in the past 24 hours to trade at $0.3922.
Sonic is removing coding barriers with the latest launch.
That will likely expand its developer base, accelerate on-chain experimentation, and establish it as among the top players at the AI-blockchain intersection.
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