Three Top-50 Cryptocurrencies Rose 30% in a Day. Which Ones and Why?
Uniswap (UNI), Arbitrum (ARB), and NEAR tokens gained around 30% in 24 hours, posting some of the strongest performances among major cryptocurrencies. UNI and NEAR reached yearly highs.
The rise in UNI and ARB is largely linked to activity on Robinhood Chain. The network is built on Arbitrum's technology stack, while Uniswap has become one of the main trading platforms within the network. Arbitrum receives a share of the network's revenue, while Uniswap earns trading fees.
NEAR also ranked among the biggest gainers amid the broader crypto market rally. However, such a sharp move remains local for now: the tokens' further performance will depend on whether interest in them persists after the rapid rise.
Recent BTC Buyers Remain in Profit: What Does This Mean for the Market?
Investors who bought BTC less than six months ago have remained in profit for almost a month. This is the longest period in 2026 during which short-term holders have remained in profit after buying.
The profitability of coins held for one to three months is particularly notable. Their average purchase price is estimated at around $63,300. For coins held for three to six months, the average purchase price is around $73,300.
Extended periods of profitability among short-term holders have previously been seen during market recoveries. A similar situation occurred after the end of the 2022-2023 bear market. However, a single indicator does not guarantee further BTC gains. An important factor is whether the price can hold above $80,000 - this could show how sustainable current demand is.
Ethereum Has Outperformed BTC: What's Happening With ETH?
Against this backdrop, Ethereum has shown stronger performance in recent months. Since the beginning of June 2026, ETH has risen by around 25%, while BTC has gained about 5%. The gap became even more noticeable in August, when ETH rose more than 33% compared with 23% for BTC.
The rise in ETH comes after a prolonged decline against BTC. From August 2025 to June 2026, the ETH/BTC ratio fell by almost 40%, before beginning to recover. At the same time, inflows into Ethereum ETFs have increased. Since the beginning of the year, they have exceeded $1 billion, while August saw the largest monthly inflow - more than $3.5 billion.
A "golden cross" also formed on the ETH/BTC chart in August, with the 50-day moving average rising above the 200-day moving average. This signal is used to assess strengthening upward momentum, although it does not by itself guarantee further gains.
The market is now watching to see whether Ethereum can maintain its advantage in terms of price performance and capital inflows. Much will depend on continued demand for ETH and developments within the network itself.
Arbitrum Token Rose 20%: What's Behind the Rally?
Another notable move came from Arbitrum. ARB gained around 20% in 24 hours, while its price has risen approximately 50% since the beginning of September. Since August, the gain has exceeded 110%.
One factor was a positive forecast for the token's future price. The bullish scenario is based on the development of the tokenized asset market and increased use of Ethereum layer-2 solutions. Additional interest in Arbitrum is linked to increased activity on the network. The platform is used to scale Ethereum operations, while a growing number of transactions supports demand for its infrastructure.
However, the rapid rise in ARB does not eliminate the risks. These include slower development of the tokenization market and competition from other blockchain solutions.
Ethereum and Base Take Different Approaches to Wallets
The changes are not limited to price movements. Developers of Ethereum and Base have abandoned plans to create a common standard for crypto wallets and decided to develop two separate solutions.
Both approaches are related to account abstraction and are designed to make interacting with wallets more convenient. In particular, they would allow users to authorize transactions with a passkey on a smartphone, combine multiple actions into a single transaction, and pay fees from another account.
At the same time, the two networks have different priorities. Ethereum places greater emphasis on security, privacy, and resistance to censorship, while Base focuses more on scalability and flexibility.
For wallet developers, this could mean having to support two different transaction formats. Users, however, may barely notice the difference if applications can automatically determine which format to use.
Miners Are Growing Again: What's Happening With BTC?
Another important signal is coming from the mining sector. After activity declined in early summer, BTC hashrate has been gradually rising since late July. The cryptocurrency's price also began recovering in mid-August.
The growth in computing power shows that miners continue to invest in equipment and support the network. At the same time, mining difficulty is increasing, which means the cost of mining BTC is also rising.
The next difficulty adjustment is expected on September 19. According to preliminary estimates, the metric could increase by around 3.45%. However, rising hashrate does not mean that the price of BTC will necessarily continue to rise. It primarily reflects the state of the network and mining activity.
Overall, the crypto market currently looks uneven. BTC is trying to consolidate after a strong move, Ethereum is attracting more attention from investors, individual altcoins are posting sharp gains, and the infrastructure of major networks continues to evolve.
Against this backdrop, the key issue is not only how crypto prices are moving, but also how demand for different crypto assets is changing, which projects are seeing real-world use, and how sustainable the current trends will prove to be.
