• The past week’s volatility saw three clear bullish performers emerge from among the popular large-cap assets
• Since November, Injective has been weaker compared to Cardano or Stellar

Bitcoin [BTC] had a volatile start to the year. Since Wednesday the 1st of January, it rallied 9.93% from $93.4k to $102.7k before plunging 7% over the past 24 hours. At press time, BTC was trading at $95.5k.

Some large-cap altcoins that performed well during the past week were Cardano [ADA], Stellar Lumens [XLM], and Injective [INJ].

While ADA has fallen below the psychological $1 level again, its rising Total Value Locked (TVL) was an encouraging sight. Injective also witnessed an uptick in new addresses and active addresses, a sign of increased participation and growing demand.

Cardano, Injective, and Stellar stand firm

The Santiment Insights post highlighted some top-performing assets of the past week, focusing on the more popular assets within the top 100 i

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Author: Akashnath S