Altcoins lead day’s top cryptocurrency gainers

According to CoinMarketCap, Astar, Stacks, and Helium were reported as today’s top cryptocurrency gainers.

Charts on the current Astar price stand at $0.1072, showing a 34.16% increase. The news comes at the same time Upbit, South Korea’s largest crypto trading platform, introduced the ASTR Korean Won trading pair, causing a significant impact on the crypto community.

Stacks takes the second spot on the charts with a 12.63% increase in the last 24 hours in response to the Stacks blockchain, a Bitcoin layer for smart contracts, experiencing a notable surge in transaction volume in recent hours, reminiscent of heightened activity on the Bitcoin blockchain related to Ordinals inscriptions. Block 132,377 on the Stacks chain recorded an unprecedented 10,371 transactions today, marking the highest transaction count in Stacks’ history. 

Rounding out the top 3, the current Helium price is $7.72. The notable uptick in Helium Mobile’s value is likened to the successful introduction of its nationwide unlimited mobile services, competitively priced at $20 per month. According to recent reports, this strategic initiative has resulted in the mobile virtual network operator (MVNO) accumulating an estimated 8,000 subscribers.

With Bitcoin seeing a temporary decrease of 0.83%, Kaiko’s report that altcoin season may be approaching appears to hold true.