Altcoins Did the Splits: AERO Soared 44% While the Rest of the Market Just Watched
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Altcoins Did the Splits: AERO Soared 44% While the Rest of the Market Just Watched

Aerodrome Finance (AERO) was the strongest weekly mover in crypto, posting a 44% rally that extended last week's 13.7% gain. AERO pushed through the $0.50 resistance zone on the weekly chart, a level it had not reclaimed since the early May cycle, and was last seen pulling back about 2% intraday after its relative strength index climbed above 75.

Jito (JTO) emerged as the second biggest weekly winner with a 28% rally, tracking closely with SOL's nearly 3% weekly gain as the liquid staking protocol continued to benefit from renewed demand within Solana DeFi. If JTO's momentum carries into the coming week, analysts pointed to a potential move toward the $0.90 level, with the token having recorded back-to-back weekly gains.

Jupiter (JUP) took the third spot with a 19% rally, building on last week's 14% gain and bringing its two-week advance to nearly 35%. The push carried JUP back above the $0.20 mark, reversing all of the losses it had accumulated earlier in June, while its relative strength index remained below overbought territory, indicating that buyers were still in control without the move becoming stretched.

The broader crypto market traded in a tight range as investors waited for fresh signals from U.S. interest rate policy, with overall sentiment described as cautious and momentum concentrated in a small set of tokens rather than spreading across the sector.

Mentioned Coins

$AERO$JTO$JUP$SOL
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Publishercryptonewsroom.xyz
Published
CategoryAltcoins

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