Cratos Leads Daily Surge As Fan Tokens And DeFi Assets Post Notable Gains
By: bitcoin ethereum news|2025/05/05 00:00:10
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Cratos tops gainers with a 27% surge, leading a rally in fan and DeFi tokens. Fan tokens like ATM and ACM post double-digit gains driven by Binance activity. Mid-cap DeFi assets show strong growth, with STPT and ABT leading in market value. Cratos (CRTS) emerged as the day’s top-performing digital asset on May 4, 2025, registering a 27% price increase according to data published by Phoenix Group. The token rose to $0.00040, lifting its market capitalization to $24.6 million. CRTS led a broader rally that included fan tokens and decentralized finance (DeFi) assets, many of which posted double-digit gains. The movement comes amid rising trade volumes across mid-tier exchanges and renewed interest in niche altcoins. Fan engagement tokens featured prominently among the day’s top gainers. The Atletico de Madrid Fan Token (ATM) saw a 22.9% increase, closing at $1.37 and bringing its market capitalization to $9.3 million. Activity was centered on Binance, one of the primary exchanges for fan token trading. The AC Milan Fan Token (ACM) also saw solid traction, gaining 15.4% to trade at $0.91. Its market value rose to $7.5 million by day’s end. Both tokens benefited from broader sentiment favoring sports-related assets, though the gains were localized and driven by specific exchange activity rather than wider market conditions. Fan tokens continue to show bursts of performance based on investor engagement and exchange-specific promotions. DeFi Tokens See Accelerated Interest Ribbon Finance (RBN), a token associated with structured DeFi products, gained 19.8% to reach $0.17. Its market cap climbed to $29.8 million, with most activity occurring on Coinbase. ArcBlock (ABT), a blockchain interoperability project, rose 20.9% to $1.03 and held a market capitalization of $101.3 million. STP (STPT), another standout, advanced 14.6% to $0.068. It ended the day with the highest market cap among the listed gainers at $134.9 million. The asset’s strong showing points to growing momentum in blockchain infrastructure tokens, especially those facilitating governance and protocol-level transactions. Additional Performers and Market Leaders The remaining notable gainers were ECOMI (OMI), up 11.9 per cent to $0.00021. The platform is also focused on digital collectibles and supports a token. The coins such as Stratis (STRAX) and Tars Protocol (TAI) were among the coins that rose by 11.6% and 9.1%, respectively. Amongst the top ten gainers was Solayer (LAYER) which closed the day up 11.3% to $713.8 million in market value. LAYER’s price jump wasn’t major compared to that of CRTS or ATM but its price valuation is nothing to joke about indicating, LAYER is well known within the altcoin market. Activity Centers Around Mid-Cap and Exchange-Specific Assets Most of the day’s gainers were traded on mid-tier platforms like Gate.io, Binance, and Coinbase. The bulk of the tokens in the movement were seen on Gate.io, and other tokens had similar patterns based on their primary listings. The data suggests that targeted investment is pouring into smaller and mid-cap tokens related to fan engagement and DeFi utilities. The broader crypto market sees varied performances, but some sectors are experiencing bursts higher due to short-term liquidity and more concentrated exchange activities. Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team. Source: https://blockchainreporter.net/cratos-leads-daily-surge-as-fan-tokens-and-defi-assets-post-notable-gains/
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