Top Crypto Gainers This Week: Bitcoin, EOS, AAVE, and TRUMP Coin

• Bitcoin leads the market rally with a 24% surge fueled by ETF inflows and institutional interest.
• EOS, AAVE, and TRUMP Coin post-double-digit gains amid improving altcoin sentiment and real-world developments.
• TRUMP memecoin jumps 60% following private dinner invite with Donald Trump, sparking renewed hype.
  

The cryptocurrency market witnessed a major recovery this week, with several top-performing assets showing double-digit gains. Leading the charge were Bitcoin (BTC), EOS, AAVE, and the meme-based TRUMP Coin, all of which outperformed the broader market thanks to a combination of institutional activity, technical upgrades, and viral events.

1. Bitcoin

Bitcoin has surged 24%, from roughly $76,000 to $95,000, in a single week. It is the renewed institutional interest, particularly in Bitcoin ETFs as they receive growing inflows, which is driving this bullish rally.

Early this week, Standard Chartered’s head of digital asset research Geoffrey Kendrick said Bitcoin could reach $120,000 during Q2. According to him, that’s why he predicts this, saying it’s a result of growing investor confidence and uncertainty in global macroeconomics, and transferred capital away from traditional assets into crypto. 

2. EOS

EOS was one of the top gainers in the altcoin market, with a gain of 25.72% recorded within the span of the past seven days. In the midst of the market’s earlier correction, investors rushed to commodities as the mid-cap assets seen as underpriced.

EOS’s rally came alongside other notable altcoin performances, including RAY (+12.96%) and MKR (+8.62%). Analysts point to a stabilizing market and the return of risk-on sentiment among retail investors as key reasons behind the surge.

3. AAVE

Also joining the week’s top gainers was DeFi protocol AAVE which recorded gains of 22.06% after trading at $170. This rally happens as AAVE V4 prepares to launch, for it introduces new risk tools, cross-chain lending, and improving capital efficiency.

Furthermore, the AAVE token has also garnered headlines as the platform joined the list of leading crypto projects that are eyeing into the real world asset tokenization and establishing partnerships with traditional finance institutions. But these developments are considered important to connect DeFi with the mainstream finance and add value to AAVE token in the long run.

4. TRUMP

According to Reuters, TRUMP memecoin rose by 60% within an hour when the top 220 TRUMP coin holders were invited to a private dinner with former U.S. President Donald Trump.

In previous weeks, the memecoin hadn’t had much volatility while new potential event qualifiers were eager to get in on some of it on social media. Nevertheless, on-chain data reveals that a significant amount of the supply remained held by wallets belonging to Trump-related entities, and less so by the community at large, raising concerns about distribution and sustainability over time.