MAGIC, a gaming/metaverse-related token, at one point surged by more than 100% in 24 hours (with some data showing gains in the 40%–130% range), climbing to around $0.15. Its 24-hour trading volume across the market far exceeded its market capitalization, reaching as much as 8 times that level. This reflects an influx of speculative capital and enthusiasm for the gaming-sector narrative more than any sudden change in fundamentals. Basic Attention Token (BAT), NEAR Protocol (NEAR, up about 10%), Cardano (ADA), Polkadot (DOT), and Optimism (OP) also posted significant gains, partly driven by Layer 1 ecosystem developments, AI-related expectations, or technical rebounds.