Only these 4 cryptocurrencies are in profit from the Top 50 over the last week

Bitcoin fell about 13% final week as expectations for charge cuts weakened and ETF outflows intensified, leaving simply 4 prime 50 tokens in constructive territory as wayward catalysts outweighed macroeconomic pressures.

The shift in rate of interest expectations and fund withdrawals gained widespread resonance among the many majors, with greater than $3 billion in exits digital asset funding merchandise prior to now three weeks.

The unfavourable tape raised the bar for asset-specific information, and ZEC, XMR, UNI and newcomer ASTER have been the one names to lift the bar.

Drivers behind every token’s outperformance

Zcash held its bid because it entered the following halving.

Further bullish momentum additionally emerged after Electrical Coin Firm launched its This fall 2025 roadmap, which centered on privateness instruments by way of Zashi and protocol updates, extending the late October revaluation that coincided with rising curiosity in shielded utilization.

The roadmap offered a transparent line of outcomes at a time when privacy-focused tokens have been outperforming. The rotation is seen as a shift in management inside the privateness cohort, with ZEC’s non-compulsory privateness design positioned as extra workable for regulated places than normal non-public belongings.

The interplay between clear and ring-fenced swimming pools continues to anchor ZEC in compliance discussions, which in flip influences expectations for future entry to liquidity.

Ahead-looking metrics, reminiscent of Zashi’s shielded provide share and energetic pockets trajectory, now function barometers to find out whether or not the token can keep its function within the privateness story because the roadmap progresses.

Cash rose in parallel with the sector rotation, supported by renewed deal with the predictable tail emission mannequin, which has delivered a secure 0.6 XMR per block since 2022.

In response to the Monero venture, the schedule implies a each day issuance of roughly 432 XMR, a widely known baseline that’s engaging to market individuals who emphasize clear provide paths in periods of tighter liquidity. The persistence of this mannequin influences mining firm inventories, with the predictability of tail emissions shaping expectations for sell-side stress throughout worth declines.

The variations in laws stay a counterbalance; Reporting has repeatedly famous that privateness by default brings restrictions on listings, exposing XMR to potential venue pressures at the same time as business narratives strengthen. That stress continues to form the token’s reflexivity vis-à-vis ZEC as demand for privateness accelerates.

Uniswaps UNI made progress on a structural catalyst that immediately hyperlinks protocol efficiency to the economics of tokenholders. Uniswap Labs and the Uniswap Basis revealed the UNIfication proposal outlining protocol price activation, a UNI burn, and new coordination mechanisms between ranges of governance.

The proposal marked a shift from UNI’s function as a pure governance device to a mannequin during which charges and incineration can construct worth if the group approves particular parameters. Elevated DEX exercise amplified the rerate; DeFiLlama knowledge exhibits that Uniswap nonetheless has the biggest stake within the location, protecting the price potential on the middle of valuation discussions.

The board collection, the discussion board debate, the vote inside the chain and the ultimate compensation planning now type a short-term catalyst calendar.

Again-of-the-envelope modeling gained traction after the proposal. Making use of the usual formulation, the annualized worth of UNI is the same as the common each day quantity multiplied by the chosen charge, multiplied by 365, after which by the share allotted to holders or burned.

Utilizing eventualities derived from latest DeFiLlama Within the base case with roughly $5 billion in each day quantity with a 7.5 foundation level price and a 50% allocation, this means roughly $684 million per yr. A better quantity, greater income situation might go effectively into the billion greenback vary, whereas a muted case would nonetheless yield a nine-figure output.

These figures rely upon governance outcomes, however illustrate why the market began treating UNI as a fee-linked asset moderately than a passive governance declare.

ASTERa brand new prime 50 ranked token, superior as reported volumes on CoinMarketCap surpassed $1 billion, along with positioning the token as a multi-chain DEX with each spot and perpetual buying and selling by itself chain.

Market curiosity centered on the mixed aggregator and L1 mannequin, which emerged in a interval of increased DEX use all through the sector. The expansion figures for ASTER stay provisional; The extent to which the data is made public varies by supply, and volumes require affirmation with impartial dashboards as they’re developed.

The present focus is on whether or not the preliminary exercise converts to retained volumes and sustainable price era, moderately than incentive-driven spikes, a sample noticed in earlier DEX launches.

Why these 4 tokens broke with broader market tendencies

The shared driver for all 4 tokens was the presence of clear catalysts throughout a risk-free week, when most massive caps traded in step with macroeconomic circumstances. Privateness offered a countercyclical narrative that helped ZEC and XMR as fund outflows weighed on benchmarks.

UNI benefited from a concrete governance proposal that probably adjustments the financial construction of the token. ASTER benefited from a sector-specific tailwind, pushed by an emphasis on chain buying and selling, which remained energetic at the same time as costs fell.

In response to DeFiLlama, DEX volumes remained excessive, reinforcing the concept that market individuals have been shifting to protocols with clear charges or early-stage development momentum.

Macro circumstances stay entrance and middle within the background. The rate of interest atmosphere and ETF flows proceed to drive broader market correlations, making any further decline a possible strengthening pressure for privateness tokens, whereas creating challenges for launch-stage belongings as exercise subsides.

The timing of the board will decide UNI’s subsequent section, and the implementation of the roadmap will decide ZEC’s place inside the privateness cohort. Monero’s supply schedule is secure, so location accessibility turns into an important variable throughout regulatory shifts.

For ASTER, impartial validation of volumes and integration progress will decide whether or not the itemizing peak will become sustained market share.