Weekly Performances in the Cryptocurrency Market: Advancements of AERO, LDO, XMR, and Setbacks for TON
The crypto market experienced a mixed bag of fortunes during the week of August 8, 2025. While some tokens saw significant rallies, others faced steep pullbacks.
Memecoins based on the Solana ecosystem, such as FARTCOIN, suffered notable declines, with a drop of around 14.5% in a week. Despite an increase in trading volume, the sell pressure dominated, hindering recovery signs. Utility and infrastructure tokens like Avalanche, Solana, and Chainlink also experienced steep pullbacks, with losses of 19.55%, 14.50%, and 13.09% respectively.
On the other hand, some undervalued altcoins were viewed as potential rebound candidates. These included Dogecoin, Cardano, Ethena, Mantle, and Pudgy Penguins. Analysts projected possible gains given their ecosystem developments and adoption trends.
Ethereum's drop was less severe, at 8.62%, but smaller memecoins like BONK crashed nearly 29%. Curve Finance, a financial token, outperformed relatively well with a smaller loss of 8.31%, compared to an average sector loss of about 12.88%. However, KNC saw a sharp plunge of nearly 24%.
In other news, Bitcoin remained relatively stable this week while altcoins saw significant fluctuations. Monero, Toncoin, and XDC Network led the weekly losses, with Monero slipping from above $300 to $270.92 since the start of August.
Meanwhile, Qubic's mining pool now commands over 40% of XMR's hashrate, causing concerns about potential centralization. XDC Network slipped steadily over the past week, losing ground from $0.093-levels early August to around $0.088 by 10 August.
Traders are eyeing the Tokenholder Update Call by Lido Labs on August 14 for potential impact on LDO sentiment. Infinitar Governance Token slipped 18.4% to $0.115. The most notable rebound for Toncoin came on August 9 due to Telegram's confirmation of deeper blockchain integration.
The rally in Aerodrome Finance might be due to DEX trading going live on the Coinbase app in the U.S. Mantle soared by 51.99%, climbing from near $0.68 to $1.02. Graphite Protocol plunged 48.6% to $1.60 despite $14.1M in volume. Aerodrome Finance surged by 56%, extending its breakout rally from under $0.80 to $1.17.
Summary Table of Notable Token Moves (Week of August 8, 2025):
| Token/Category | Approximate % Move | Notes | |-----------------------|--------------------|-------------------------------------------------| | Avalanche (AVAX) | -19.55% | Major drop in market return | | Solana (SOL) | -14.50% | Underperformance dragging YTD returns negative | | Chainlink (LINK) | -13.09% | Extending YTD slide | | BONK (meme token) | -28.98% | Significant crash | | Curve Finance (CRV) | -8.31% | Held up better than sector average | | KNC (finance token) | -23.70% | Sharp plunge | | FARTCOIN (Solana meme) | -14.47% | Sharp downward price trend with high volume | | Ethereum (ETH) | -8.62% | Moderated pullback amid wider sell-off | | Bitcoin (BTC) | -1.43% | Remained relatively stable | | Monero (XMR) | -6.28% | Steady downtrend | | Toncoin (TON) | -10.38% | Price slide despite blockchain integration news | | XDC Network (XDC) | -2.89% | Steady decline | | Lido DAO (LDO) | 46.8% | Rally breaking out from $0.87-zone | | Graphite Protocol (GP)| -48.6% | Plunged despite high volume | | Aerodrome Finance (AERO)| 56% | Breakout rally | | Qubic (QUBIC) | -2.4% | Centralization concerns | | Infinitar Governance Token (IGT)| -18.4% | Steady decline | | Mantle (MNT) | 51.99% | Soared past $1.00 |
- Despite a mixed performance in the crypto market, some memecoins based on the Solana ecosystem, such as FARTCOIN, experienced notable declines of approximately 14.5% in a week.
- Utility and infrastructure tokens like Avalanche, Solana, and Chainlink also faced steep pullbacks, with losses of 19.55%, 14.50%, and 13.09% respectively.
- On the other hand, Dogecoin, Cardano, Ethena, Mantle, and Pudgy Penguins were viewed as potential rebound candidates, given their ecosystem developments and adoption trends.
- The drop in Ethereum was less severe, at 8.62%, but smaller memecoins like BONK crashed nearly 29%.
- Bitcoin remained relatively stable this week while altcoins saw significant fluctuations.
- The rally in Aerodrome Finance might be due to DEX trading going live on the Coinbase app in the U.S., causing Mantle to soar by 51.99%.
- Meanwhile, Qubic's mining pool now commands over 40% of XMR's hashrate, causing concerns about potential centralization in Monero.
- Traders are eyeing the Tokenholder Update Call by Lido Labs on August 14 for potential impact on LDO sentiment, while Infinitar Governance Token slipped 18.4% to $0.115.
