- Mid-cap tokens led the declines with double-digit losses and heavy trading volumes.
- Large-cap assets, including SOL and DASH, faced broad sell pressure across the session.
- Market-wide pullback showed synchronized declines across DeFi, L2s, and infrastructure tokens.
The crypto market experienced a major decline over the past 24 hours, with losses across mid-cap and large-cap assets as trading conditions weakened. Data indicates that several major tokens faced downward pressure, accompanied by elevated volumes that signaled strong repositioning among participants.
The session displayed a synchronized pullback across decentralized finance tokens, layer-two networks, infrastructure-focused projects, and established large-cap assets. Although trading activity remained high in several markets, the overall direction pointed toward broad sell momentum throughout the period.
Crypto Market Losses Deepen Among Mid-Cap Tokens
Mid-cap assets accounted for some of the largest drops within the crypto market. Decred (DCR) recorded the largest decline, falling 13.66% to $31.19, with approximately $19.5 million in trading volume. This marked the largest reduction among the day’s leading losers.
Pump.fun (PUMP) followed with a 12.03% decrease, despite generating one of the highest volumes on the list at $285.5 million. The figures showed active turnover amid the price retreat. Morpho (MORPHO) also declined, dropping 11.66% to $1.77, continuing a pattern of weakness among assets tied to decentralized finance mechanisms.
Source: CoinMarketCap
Layer-two token Starknet (STRK) posted a 9.15% decline, settling at $0.2034. Canton (CC) continued its downward trend with an 8.66% loss, reflecting a consistent pullback among infrastructure-oriented tokens. Aerodrome Finance (AERO) fell 8.40% to $0.7596, while MYX Finance (MYX) closed with an 8.22% slide.
Large-Cap Tokens Join the Crypto Market Decline
Large-cap assets also registered major losses as the crypto market downturn extended across broader segments. Dash (DASH) decreased 8.16% to $80.68, accompanied by a substantial $582.7 million in trading volume, representing one of the session’s highest levels. Mantle (MNT) dropped 7.67%, while World Liberty Financial (WLFI) declined 6.74%, adding to the overall weakness across governance-linked assets.
Solana (SOL), one of the most actively traded high-cap tokens in the dataset, registered a 5.82% decline to $129.68. The token’s trading volume exceeded $7.18 billion, the highest among all listed assets, indicating significant capital rotation throughout the session. IOTA (IOTA) rounded out the declines with a 5.45% decrease.
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.
About the Author: Peter Mwangi
