Immutable

Chainlink

Pyth Network

Flare

It seems that, after a period of stagnation, the overall cryptocurrency market is experiencing a bullish trend. Top cryptocurrencies such as Chainlink (LINK), Solana (SOL), Flare (FLR), Pyth Network (PYTH), Immutable (IMX), and many others have seen significant surges. As of today, February 2, 2024, the top gainers are PYTH, LINK, and IMX, with their prices surging by over 27%, 15%, and 13%, respectively, in the last 24 hours. PYTH emerges as top gainers 
Pyth Network (PYTH) is the top gainer, currently trading near $0.50. In the last 24 hours, it surged by over 26%. Looking at PYTH over a longer period, it experienced a 21% upside momentum in the last 7 days and a remarkable 42% upside momentum in the last 30 days. With this surge, its current market cap is around $745 million. 
The second gainer is Chainlink (LINK). Currently, LINK is trading near $18, and in the last 24 hours, it has experienced over 15% upside momentum. The major reason behind this price surge is its breakout from the consolidation zone. Earlier in a <a href="https://news.todayq.com/link-whales-buys-the-dip-will-it-hit-18-level/">report by Todayq News</a>, we discussed that in the coming days, we expect to see $18 and $28. 
If we look at LINK over a longer period, in the last 7 days, it has experienced over 30% upside momentum, and in the last 30 days, it has only experienced 12% upside momentum. This can be attributed to the previous consolidation zone. However, in the coming days, LINK’s price may surge to $28, due to the following reasons. 
<ul> 
 <li>On a weekly time frame, the LINK token is experiencing a golden crossover.&nbsp;</li> 
 <li>At the resistance level, it has formed a consolidation zone for the last 84 days, and now LINK has broken out of this consolidation zone. (According to historical data, whenever a prolonged consolidation is broken, the asset’s price tends to surge significantly.)</li> 
</ul> Bitcoin, Ethereum, and Solana performance 
While the top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have also experienced price surges, the world’s largest cryptocurrency, Bitcoin, is currently trading near $43,000. In the last 24 hours, it has experienced over 2% upside momentum, and on a longer time frame, in the last 7 days, the price of Bitcoin has also seen over a 7% upside momentum. 
Solana’s SOL, following a post by Arthur Hayes, surged over 5% in the last 24 hours. SOL’s price has continuously increased over the last 7 days, experiencing a 14% upside momentum. Despite the overall cryptocurrency market being up by over 2%, these specific cryptocurrencies have outperformed, showcasing the bullish trend. However, FTX’s FTT token became the top loser as its price dropped by over 11%. 
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