- Biggest gainers: Story [IP], Berachain [BERA], Grass [GRASS].
- Biggest losers: Raydium [RAY], Lido DAO [LDO], Ethereum Name Service [ENS].
The cryptocurrency market witnessed significant volatility this week, with dramatic price movements in both directions creating clear winners and losers.
While several altcoins posted impressive gains, others experienced substantial declines as market sentiment remained mixed across different sectors.
This week’s biggest winners
Story [IP]: Sustained momentum continues
Story [IP] has emerged as a repeat champion in the crypto markets, posting a 23.5% gain this week following its staggering 200%+ surge the previous week.
The token climbed from $4.15 to $5.15, showing remarkable resilience despite profit-taking pressure.
The impressive rally began on the 25th of February, when IP broke through the $4.50 resistance level, quickly accelerating to test the $7.00 mark by the 27th of February.
While sellers emerged at this psychological level, triggering a pullback, the token has maintained a healthy consolidation above $5.00.
Trading volume remained elevated throughout the week, though noticeably lower than during last week’s explosive move.
This suggests a transition from momentum-driven speculation to more sustainable accumulation.
Technical indicators remain firmly bullish despite the retracement from weekly highs. The $5.00 level now represents crucial support, with buyers consistently stepping in during recent tests of this zone.
Berachain [BERA]: Layer-1 protocol surges
Berachain [BERA] delivered impressive gains this week, surging 16.2% from $6.90 to $8.30.
The layer-1 protocol demonstrated remarkable strength following a brief dip to $6.25 on the 25th of February, which proved to be a significant accumulation zone.
The token’s upward trajectory began on the 26th of February, with steady buying pressure pushing BERA through several key resistance levels.
The most substantial gains occurred between the 28th of February and the 1st of March, when prices surged from $7.50 to a weekly high of $8.70.
Trading volume spiked notably during this period, indicating strong conviction behind the move. While profit-taking emerged above $8.50, causing a minor pullback, buyers have maintained support around the $8.20 level.
The current price structure shows a healthy consolidation pattern after the rapid ascent, suggesting the potential for continued upside.
The $8.00 support zone appears robust, with multiple tests confirming buyer presence at this level.
Grass [GRASS]
Grass [GRASS] emerged as a standout performer this week, posting a robust 14% gain from $2.15 to $2.45.
The token’s remarkable performance follows a broader recovery trend that began in late February after finding strong support at the $1.65 level.
The week started with GRASS consolidating around $2.15 before staging an impressive breakout on the 28th of February when a strong green candle propelled prices to $2.20.
This initial move set the stage for the sustained rally that would unfold over the following days.
Technical indicators strongly favored the bulls throughout the week, with the RSI climbing above 60, indicating solid upward momentum without reaching overbought territory.
The token’s 50-day moving average at $1.73 has now crossed above the 200-day MA at $1.85, forming a golden cross pattern that typically signals further upside potential.
Source: TradingView
Trading volume peaked impressively during the rally, reaching nearly 800,000 USDT on the 1st of March, when GRASS surged past the psychologically important $2.40 resistance.
This heightened activity suggests significant institutional interest rather than retail-driven speculation.
The token’s price action forms a series of higher lows and higher highs, confirming the establishment of a new uptrend.
After briefly touching $2.48 on the 1st of March, GRASS has maintained stability above $2.40, suggesting this level may now serve as reliable support.
For traders looking ahead, the $2.50 level represents the next significant resistance, with a successful breakout potentially targeting the $3.00 mark last seen in January.
Meanwhile, the newly established support at $2.35-$2.40 should be closely monitored for any signs of weakness.
Top 1,000 gainers
Beyond the top performers, the broader market saw several jaw-dropping surges.
Sally A1C [A1C] led the top 1,000 tokens with an extraordinary 456% gain, while Collaterize [COLLAT] and VON [VON] followed closely with 415% and 357% gains, respectively.
This week’s biggest loser
Raydium [RAY]: Downward spiral continues
Raydium [RAY] continued its brutal descent this week, plummeting 47% from $4.30 to $2.28.
The Solana-based DEX token has now earned the unwanted distinction of being the market’s biggest loser for two consecutive weeks.
The selloff accelerated dramatically on the 26th of February when RAY breached the critical $4.00 support level. This triggered a cascade of liquidations, sending prices into freefall.
A brief consolidation around $3.20 proved temporary, with sellers resuming control and pushing RAY to multi-month lows.
Trading volume spiked to extreme levels during the decline, indicating widespread capitulation rather than gradual distribution.
The RSI has now entered deeply oversold territory below 25, suggesting the potential for a technical bounce.
For any meaningful recovery, RAY needs to reclaim the $3.00 level, which now represents significant resistance. However, the severity of this decline suggests lasting damage to market sentiment.
Lido DAO [LDO]: Liquid Staking Token under pressure
Lido DAO [LDO] suffered a punishing week, plummeting 28% from $1.72 to $1.23. The liquid staking protocol’s token faced relentless selling pressure, extending its downtrend that began in early February.
The decline accelerated sharply on the 25th of February when LDO crashed from $1.60 to $1.40 in a single session.
This breakdown triggered another wave of selling that pushed the token to weekly lows of $1.18 on the 28th of February before a modest bounce emerged.
Trading volume spiked significantly during the selloff, indicating widespread distribution rather than isolated profit-taking.
Despite the severity of the decline, dip buyers have shown limited interest, with recovery attempts remaining shallow and short-lived.
The token now struggles to hold support around $1.22, with price action forming a concerning pattern of lower highs and lower lows.
For any meaningful recovery, LDO needs to reclaim the $1.40 level, which has flipped from support to resistance.
Ethereum Name Service [ENS]: Domain protocol falters
Ethereum Name Service [ENS] continued its downward spiral this week, plummeting 24% from $28.20 to $21.10.
The domain name protocol’s native token has faced relentless selling pressure since mid-February, with bears firmly in control.
The decline accelerated dramatically on the 25th of February, when ENS broke down from its consolidation range, crashing from $26.00 to $23.50 in a single session.
This technical breakdown triggered another wave of selling that pushed the token to briefly touch $20.00 on the 28th of February before a modest bounce emerged. Technical indicators paint a grim picture for ENS holders.
The RSI has dipped below 35, approaching oversold territory, but without showing clear divergence signals that might indicate an imminent reversal.
Meanwhile, both the 50-day and 200-day moving averages trend lower, with the death cross formation [50-day crossing below 200-day] that occurred in February continuing to exert downward pressure.
Source: TradingView
Trading volume has remained elevated throughout the decline, suggesting strong conviction behind the selling.
Most concerning for bulls is the token’s inability to sustain any meaningful recovery attempts, with each bounce meeting fresh selling at progressively lower resistance levels.
The longer-term chart shows ENS trading at its lowest levels since November 2024, having retraced over 50% from its December peak of $45.
The current price action sits dangerously close to the critical $20.00 psychological support level, which, if broken, could trigger further capitulation.
For any meaningful recovery to take shape, ENS needs to reclaim and hold above the $23.00 level, followed by the more significant $25.00 resistance.
However, the current market structure and momentum favor additional downside in the near term.
Top 1,000 losers
In the broader market, several tokens experienced dramatic losses. Comedian [BAN] led the declines with a devastating 60% drop, followed by Freysa AI [FAI] and OSOL [OSOL], both of which fell 53% during the week.
Conclusion
Here’s the weekly recap of the biggest gainers and losers. It’s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.
Thus, doing your own research [DYOR] before making investment decisions is best.
