Top 5 Altcoin Market Shakers: KAS Recovers, SUI, BONK, XRP Surge

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As we near the end of the year, market conditions seem to be increasingly delicate. Various indicators imply that the prolonged upward trend in risk assets might be approaching its limit. The Index has fallen to 22, down from 78 on September 20, with last week’s average recorded at 31. This index evaluates the performance of the top 100 cryptocurrencies in relation to Bitcoin over a 90-day timeframe.

Top 5 Altcoin Market Shakers: KAS Recovers, SUI, BONK, XRP Surge0Source: CoinMarketCap

Nevertheless, the altcoin market exhibited renewed volatility on November 25, 2025, as Kaspa (KAS), Sui (SUI), Bonk (BONK), Ripple (XRP), and Ethena (ENA) recorded 24-hour gains, surpassing major assets like Bitcoin and Ethereum.

Kaspa Increases by 19.03%, Recovering From Recent Declines

KAS, which had declined over 14% in the last 30 days, has rebounded, rising 19.03% in the past 24 hours, indicating a potential developing recovery.

The ongoing transition of Kaspa from a PoW coin to a smart contract-enabled Layer-1 through Kasplex has emerged as a significant factor.

This transition allows Ethereum developers to migrate dApps to Kaspa with minimal adjustments, thereby enhancing its utility.

From a technical perspective, KAS has surpassed the $0.047 resistance level with a 19% daily increase, bolstered by a 24-hour volume surge exceeding 65% to $65.56 million, affirming buyer confidence. The altcoin is currently trading at $0.0494 at the time of writing.

One user noted that Kaspa’s transition to Layer-1 remains optimistic. “Supply is nearly fully circulating, the narrative is expanding, and developer activity is increasing,” the user stated on X.

Top 5 Altcoin Market Shakers: KAS Recovers, SUI, BONK, XRP Surge1 Kaspa ( $KAS ) is quietly leveling up, and the market still has no clue
Price is hovering around $0.045 — small bounce after the recent pullback.
Liquidity’s still thick, sits near $1.1B, which means the smart money hasn’t left
But the real story isn’t the chart.…

— Hai Long (@boy_mi89) November 25, 2025

SUI Tests Significant Support Level – What’s Next?

Sui (SUI) has experienced an 11.35% increase in the last day, as expectations for a Fed rate cut have boosted altcoins amid a risk-on sentiment. SUI’s rise reflects favorable macro conditions and optimism driven by exchange liquidity.

The cryptocurrency’s 24-hour trading volume surged by 66.38% to $1.07 billion, confirming bullish sentiment.

Additionally, the recent launch of SUI futures by Coinbase on its derivatives platform has introduced regulated trading options for Sui investors, further propelling the price.

Coinbase Derivatives plans to expand 24/7 trading for its listed altcoin futures, including SUI, in the first week of December.

BONK ETP Launch Excitement – Token Up 10%

BONK, a dog-themed memecoin on the Solana blockchain, has increased by over 10% in the past 24 hours, countering a broader downturn in the . The 24-hour trading volume surged by 110% to $195.7 million, indicating speculative positioning.

The primary driver remains BitCapital’s BONK ETP launch on Switzerland’s SIX Exchange on November 27, providing regulated exposure for EU investors.

Key aspects to monitor for the altcoin include ETP inflows post-launch and its ability to maintain buying pressure.

XRP Surges as Spot ETFs Attract Significant Inflows

Ripple’s native asset XRP has risen by 8.22% in the past day, in line with positive ETF inflows.

Spot XRP ETFs have now recorded inflows for seven consecutive days, with Canary, Bitwise, Grayscale, and Franklin contributing to the momentum, according to SoSoValue data. Canary’s XRPC alone accounted for $306 million in net assets. XRP spot ETFs noted $164 million in net inflows on November 24.

Moreover, the new XRP ETF listing by Franklin Templeton, commencing Monday on the NYSE Acra, has further boosted the price.

XRP analyst Chad Steingraber estimates that if inflows reach $1 billion per day, over 2.2 billion XRP could be absorbed weekly, exerting upward pressure on prices.

Although the altcoin has declined more than 14% over the past month, it is currently trading at $2.23 at the time of writing.

ENA Increases by 6% – Is the Altcoin Path Bullish?

Ethena’s ENA token has recovered after a challenging November, rising over 6% to $0.259. Sentiment improved over the weekend following Ethena Labs’ announcement of a new strategic partnership with the Hyperliquid ecosystem.

We are excited to partner with Hyperliquid HIP-3 deployer @nunchi.
Nunchi is building perpetuals on yield markets, allowing users to express views on RWA rates, dividends, staking yield etc.
A share of total revenue generated by Nunchi will be directed to the benefit of the… pic.twitter.com/I89X3wvQaJ

— Ethena Labs (@ethena_labs) November 21, 2025

Additionally, Ethena generated $151 million in fees during Q3, bringing total revenue to $599 million. Furthermore, whale activity has also significantly influenced the price, indicating bullish momentum.

“Key signals to monitor over the coming weeks include , changes in altcoin trading volumes, and major macro indicators such as CPI releases,” Gracy Chen, CEO at Bitget, informed Cryptonews.

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