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news3d ago

Curve leads the gainers on a red day

Curve Finance's CRV token rose 9% in 24 hours to top the major gainers even as the broader crypto market dipped 0.3%, extending its weekly gain to 26%. PumpFun's PUMP and Mantle also posted strong moves.

Curve leads the gainers on a red day

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Crypto markets were broadly in the red on August 10, but a handful of tokens pushed firmly against the tide. Leading the charge was @CurveFinance's native token $CRV, which climbed 9% over 24 hours while the wider market slipped 0.3%. The move extended CRV's weekly gain to 26%, making it the standout performer among major tokens.

CRV extends its weekly run

Curve Finance is a decentralized exchange built on Ethereum and optimized for low-slippage stablecoin trading. Its CRV token is used for governance, staking, and boosting rewards on the protocol. CRV's circulating supply sits near 1.53 billion tokens against a maximum supply of 3.03 billion, per CoinMarketCap. The largest single wallet holding is Curve's own Voting Escrow contract, which holds 35.38% of supply in locked veCRV rather than free-floating tokens. That structural lock-up limits sell pressure and can amplify price moves during periods of demand.

PUMP, Mantle, ICP and WLD round out the risers

PumpFun's $PUMP added 5.3% on the day, bringing its weekly gain to 30%. The Solana-based memecoin launchpad has been generating renewed interest on the back of strong protocol revenue. Pump.fun generated $9.23 million in weekly revenue, its highest level since early March 2026, according to DeFiLlama, with annualized revenue reaching $455.5 million and cumulative revenue surpassing $1.22 billion. Part of the platform's fee income is used to buy back PUMP, creating a recurring source of demand for the token.

$Mantle was close behind with a 5.1% daily gain. Internet Computer (@dfinity) and Worldcoin $WLD rounded out the risers, adding 4.4% and 3.9% respectively, offering a rare spread of green across both DeFi infrastructure and consumer-facing Web3 projects.

The session underlined a familiar dynamic in crypto: on days when sentiment turns cautious across the board, select tokens with strong narratives or protocol fundamentals can decouple sharply from the market average.

Sources:
Pump.fun Hits Highest Weekly Revenue Since March (Crypto Times)
Curve DAO Token (CRV) overview (Coinpedia)

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Author

Crypto Rich profile photoCrypto Rich

Rich has been researching cryptocurrency and blockchain technology for eight years and has served as a senior analyst at BSCN since its founding in 2020. He focuses on fundamental analysis of early-stage crypto projects and tokens and has published in-depth research reports on over 200 emerging protocols. Rich also writes about broader technology and scientific trends and maintains active involvement in the crypto community through X/Twitter Spaces, and leading industry events.

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