Altcoins Surge As Pi Network, Arbitrum, And Optimism Top Weekly Gainers
The post Altcoins Surge As Pi Network, Arbitrum, And Optimism Top Weekly Gainers appeared on BitcoinEthereumNews.com.
Pi Network leads altcoin rally with over 61% weekly gain and rising trading volume. Arbitrum and Optimism post strong gains amid ecosystem activity and token events. Gaming and identity tokens see double-digit growth, boosting overall altcoin momentum. The altcoin market recorded major gains over the past week, with several tokens showing double-digit growth in price and trading activity. According to data from May 11, 2025, Pi Network (PI), Arbitrum (ARB), and Optimism (OP) ranked among the strongest performers, alongside notable movements from gaming and infrastructure-focused tokens such as Gala, Immutable, and NEAR Protocol. The rise in market capitalization across these assets reflects growing speculative activity and increased volume on digital asset exchanges. Pi Network Records Highest Weekly Gain Pi Network posted the largest increase among trending altcoins, with a weekly price gain of 61.27%. The token also surged 30.52% over a 24-hour period to reach $0.9541. Its 24-hour trading volume stood at $612.4 million, indicating heightened investor participation. Despite experiencing high volatility, PI has maintained an upward pattern throughout the week. The consistent price rise places it at the top of the weekly performance chart and reinforces its visibility among traders monitoring short-term momentum assets. Source: CoinMarketCap Arbitrum, a key element of Ethereum’s Layer-2 build, has had a strong week, increasing value by 46.04%. Arbitrum’s token increased its price to $0.4616, supported by $880.8 million worth of daily trading. This uptick follows more attention towards releasing token timelines and increased Arbitrum’s ecosystem involvement. Ethereum Layer-2 network, Optimism rose 29.77% in the week and 12.61% in the previous 24 hours. OP, currently worth $1.45 billion, remains crucial as an infrastructure token to back Ethereum’s success toward scaling. The price action from both Arbitrum and Optimism highlights market interest in projects that facilitate efficient transaction processing while reducing costs across the Ethereum…
Filed under: News - @ May 11, 2025 9:28 pm