$QNT Most cryptocurrencies saw a downturn in early October. However, Pump.fun (PPUMP), Aave (AAVE), Worldcoin (WLDUSD), and Sky (SKY) experienced notable surges.
Santiment linked three of these rallies to news about the projects, including token buybacks, growth in lending on Aave, and developments at Galaxy Digital.
AAVE gained 20%, including a 7% rise on Friday. This was largely driven by the Aave protocol reaching the $1 billion mark as a milestone for user deposits.
Pump.fun also rose 30% over the week, largely due to a reduction in its token supply.
Santiment linked SKY’s gains of 14% week-over-week to increased institutional interest. Galaxy Digital announced last month that it added $100 million in sUSDS—Sky’s yield-bearing savings token—to its treasury.
Since the late-September peak, QNT has fallen by more than 32%. Still, it remains up 152% over 7 days at $252.55, according to BeInCrypto Markets data
$PUMP
$SKY
Santiment linked three of these rallies to news about the projects, including token buybacks, growth in lending on Aave, and developments at Galaxy Digital.
AAVE gained 20%, including a 7% rise on Friday. This was largely driven by the Aave protocol reaching the $1 billion mark as a milestone for user deposits.
Pump.fun also rose 30% over the week, largely due to a reduction in its token supply.
Santiment linked SKY’s gains of 14% week-over-week to increased institutional interest. Galaxy Digital announced last month that it added $100 million in sUSDS—Sky’s yield-bearing savings token—to its treasury.
Since the late-September peak, QNT has fallen by more than 32%. Still, it remains up 152% over 7 days at $252.55, according to BeInCrypto Markets data
$PUMP
$SKY
