At the time of writing, Bitcoin (BTC) has retreated to the $78,000 region, while Ethereum (ETH) has failed to sustain its previous upside momentum. Across the broader market, most large-cap tokens have traded firmly in the red throughout the week, gradually eroding bullish sentiment and reinforcing a more cautious tone among investors.
Against this backdrop, fasten your seatbelt, grab a cup of coffee, and let’s take a closer look at the most notable movements that shaped the crypto market over the past week.
Top Gainers of the Week
Hyperliquid (HYPE) Defies the Broader Market Trend
While the majority of the crypto market struggled under selling pressure, Hyperliquid (HYPE) emerged as one of the few standout performers.
From a technical perspective, HYPE delivered an impressive breakout, rallying from the $20 support zone to test the $32–34 resistance area before entering a short-term corrective phase. Importantly, despite this pullback, price action has remained above key structural support levels, suggesting that underlying demand remains resilient.
The bullish performance came even as the broader market reacted cautiously to the latest U.S. Federal Reserve policy decision and the press conference held by Fed Chair Jerome Powell, events that typically inject uncertainty into risk assets.
According to data tracked by Coin Photon, Hyperliquid’s market share surged from approximately 18% in December to over 33% by the end of January, highlighting growing capital rotation and increasing investor interest in the project.
Stable (STABLE) Continues Its Rally Ahead of a Major Upgrade
Stable (STABLE) posted a strong and relatively steady advance over the past week. The token climbed from around $0.01 to a local peak near $0.026, before cooling off slightly and stabilizing around $0.023 at the time of writing.
Technical indicators remain supportive: the RSI is holding above the neutral zone, indicating that buyers continue to dominate despite the short-term consolidation.
For readers less familiar with the project, StableChain is a payment-focused blockchain designed to eliminate common friction points in transfers, particularly gas fees. The project is backed by Tether, and its recently announced USAT update has been widely viewed as a key catalyst behind the latest price appreciation.
Previously, Coin Photon reported that StableChain is scheduled to roll out a major upgrade on February 4, which is expected to introduce gas-free transactions and smoother payment integrations—features that could significantly enhance real-world usability.
Canton (CC) Accelerates, Then Pauses
Canton (CC) recorded a notable weekly gain of nearly 29%, rebounding from the $0.14 area to a local high around $0.18, before entering a technical pullback.
The breakout was accompanied by strong bullish candles and expanding trading volume, signaling active and confident participation from market participants. The RSI hovered near 60, while the Chaikin Money Flow (CMF) remained in positive territory, reflecting relatively stable capital inflows.
However, the recent retracement suggests that buying pressure has temporarily cooled following the sharp advance. In this context, a sideways consolidation phase appears to be a reasonable and technically healthy outcome in the short term.
Other Notable Gainers
Beyond the more established names, several smaller-cap tokens delivered eye-catching performances. Zora (ZORA) stole the spotlight with a 38% surge within 24 hours.
Meanwhile, Kite (KITE) and Sentient (SENT) posted weekly gains of 23% and 38%, respectively. These moves underscore how select low-cap assets managed to outperform despite the broader market correction, creating isolated pockets of strength.
Top Losers of the Week
Story (IP) Sinks Under Heavy Selling Pressure
Over the past week, Story (IP) plunged more than 30%, falling from around $2.10 to near $1.40. Intensifying selling pressure pushed price action below the middle Bollinger Band, with candles hugging the lower band—an indication of strong bearish momentum.
The RSI dropped toward the 30 level, approaching oversold conditions, while CMF remained firmly negative, signaling persistent capital outflows. With no clear signs of demand returning, IP may continue to face downside pressure or enter a prolonged base-building phase at lower levels.
Solana (SOL) Slides Sharply
Solana (SOL) endured a difficult week, with price sliding approximately 15% from the $120–125 range down to around $105.
Technically, selling pressure has driven the RSI below 30, while the MACD remains deeply negative, confirming bearish control. Although oversold conditions could trigger a short-term technical bounce, the broader trend structure remains fragile and exposed to further volatility.
World Liberty Financial (WLFI) Drops Despite Positive Headlines
World Liberty Financial (WLFI) experienced a turbulent week, with price falling roughly 26% from the $0.16–0.17 zone to around $0.12.
Bearish signals dominate the technical landscape: the RSI has slipped well below 30, and Directional Movement Index (DMI) readings indicate that sellers are firmly in control.
What stands out is that the downtrend persisted despite reports that a senior member of the UAE royal family invested $500 million to acquire a 49% stake in World Liberty Financial. While the news itself is undeniably significant, it has so far failed to provide near-term support for WLFI’s price—highlighting the market’s current risk-averse mindset.
Other Notable Decliners
The correction was not limited to a handful of assets. Dogecoin (DOGE) fell around 15%, while Zcash (ZEC) dropped nearly 18% over the same period.
Among the hardest hit was Sui (SUI), which plunged approximately 22%, reflecting sustained selling pressure and a lack of immediate bullish catalysts.
Closing Thoughts on a Volatile Week
Markets have a way of rewarding conviction when it’s well-placed—and punishing missteps without hesitation. Short-term price swings are often loud, emotional, and noisy, yet they rarely define the end of the broader narrative.
In times like these, maintaining a long-term perspective, prioritizing capital preservation, and staying disciplined can be just as important as chasing opportunities. A single turbulent week is rarely enough to determine the ultimate direction of the market.
This article is for informational purposes only and reflects personal market observations. It does not constitute financial or investment advice. Investors should conduct their own research and bear full responsibility for their decisions.
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