Which cryptocurrencies are currently trending, and are their price movements based on solid fundamentals or mere speculation? Let’s examine the factors driving these fluctuations in a delicate market.
Markets on the Brink
As of March 27, the cryptocurrency market is experiencing significant volatility amidst ongoing macroeconomic challenges. Bitcoin (BTC) is trading around $87,000, showing a minor increase of 2% over the last week.
This uptick follows a more extensive decline from BTC’s January 2024 high of roughly $109,000, indicating a cautious sentiment rather than a clear upward trend.
In contrast, Ethereum (ETH) is having difficulty maintaining support above the crucial $2,000 level. Currently priced at $2,013, ETH has seen a nearly 40% drop since the beginning of the year, making it one of its weakest starts in recent history.
This decline has pushed the ETH/BTC ratio to its lowest level since 2020, signaling a shift in investor interest towards Bitcoin and away from more speculative altcoins.
Meanwhile, the total global cryptocurrency market capitalization has fallen to about $2.84 trillion, about 21% down from the $3.60 trillion level recorded in January.
Recent events, including tariff threats and indications of economic instability, have led to a risk-averse environment, prompting investors to favor perceived safe-haven assets within the cryptocurrency sector, chiefly Bitcoin.
With this backdrop in mind, let’s delve into some of the trending cryptocurrencies to understand how various assets are faring, what is driving investor enthusiasm, and how the fundamentals of these projects are holding up in a cooling market.
AltLayer (ALT)
AltLayer (ALT) is currently trading at approximately $0.04, reflecting an 11% increase over the past week. It has outperformed the wider cryptocurrency market during this timeframe, breaking free from a downtrend amid a significant rise in trading volume.
AltLayer serves as a layer-2 scaling solution that offers “rollups-as-a-service,” enabling developers to create custom blockchain rollups on Ethereum or other foundational chains.
These rollups are designed to handle heavy transaction loads more effectively and at lower costs, alleviating congestion on the core network.
The platform supports both optimistic and zero-knowledge (zk) rollups and utilizes a “restaking” model—reusing staked ETH to secure the rollup chains, adding an extra layer of security for projects launching decentralized applications like games or DeFi services without relying too heavily on Ethereum’s base layer.
ALT’s recent gains have been propelled by renewed interest in Ethereum scaling solutions and favorable technical indicators.
On-chain analytics support this growth. An uptick in active addresses and trading volumes occurred around the recent token unlock on March 25, when 240 million ALT—roughly 8.6% of the total supply—was released.
While such incidents typically create selling pressure, the price has remained stable, indicating investor confidence in the project’s long-term viability.
ALT’s continued upward movement will hinge on AltLayer’s ability to deliver on its roadmap and attract a larger number of decentralized applications to its ecosystem. For now, ALT is standing out as a small-cap altcoin gaining traction within the expanding layer-2 landscape.
Linear Finance (LINA)
Linear Finance (LINA) is presently priced near $0.0005616 after plummeting nearly 70% over the past week. On March 27, it hit a new all-time low following a sharp sell-off, marking one of the steepest declines among major tokens in an otherwise varied market.
Linear Finance is a decentralized finance platform focused on synthetic assets. The protocol allows users to create and trade tokens that mirror the value of real-world assets, including commodities, indices, and cryptocurrencies.
Users can deposit collateral to mint ℓUSD, a native stablecoin of the platform, which can then be exchanged for various synthetic assets within Linear’s ecosystem.
The LINA token plays multiple roles within the protocol. It is used for governance, staking, and acts as collateral backing the synthetic assets.
The recent drop in LINA’s price appears to be closely associated with a delisting announcement from Binance, which stated that it would remove all LINA trading pairs by March 28 due to low liquidity, as part of a broader evaluation of underperforming assets. This prompted a wave of selling, intensified by concerns over Linear’s user engagement and platform activity.
In response, the Linear Finance team announced its decision to cease operations, citing ongoing financial difficulties and an unsustainable funding model. This decision was accelerated by Binance’s delisting of LINA, which significantly decreased the project’s remaining operational runway.
Avalon Labs (AVL)
At the time of writing, Avalon Labs (AVL) is trading at around $0.44, which represents a 7% uptick over the past week. Although it is down nearly 70% from its early February peak of $1.44, the token is still over 90% above its launch-month lows. Avalon’s market capitalization is approximately $69 million, supported by consistent trading activity on various exchanges.
Avalon Labs presents AVL as the core token of a Bitcoin-centric DeFi ecosystem. The platform is developing an on-chain financial infrastructure aimed at Bitcoin holders, offering services such as BTC-collateralized loans, a Bitcoin-backed stablecoin named USDa, yield-generating savings products, and a crypto credit card linked to Bitcoin reserves.
The concept is to assist Bitcoin holders in utilizing their assets productively—whether by borrowing against BTC, earning returns, or minting stablecoins—through a decentralized and scalable framework.
Avalon, originally notable for issuing the highest volume of BTC-backed collateralized debt positions, has since expanded to a wider range of DeFi services for Bitcoin users. Its recent success can be traced to a series of significant developments.
In early March, Avalon Labs secured a credit line exceeding $2 billion from a group of prominent Asian firms to strengthen its BTC lending capabilities.
Being one of the largest capital infusions in the crypto lending sector to date, this facility provides Avalon with substantial liquidity and indicates growing institutional interest in Bitcoin-backed financial products.
More recently, on March 27, Avalon announced its integration with BlackRock’s USD Institutional Digital Liquidity Fund (ticker: BUIDL). This collaboration allows yields from U.S. Treasuries to be incorporated into Avalon’s USDa stablecoin.
As a result, users minting USDa can now earn passive income from both crypto-related and traditional assets, further bridging DeFi with real-world financial instruments.
Despite AVL’s pullback from earlier speculative peaks, recent developments suggest that its core fundamentals are on an upward trajectory. This may explain the token’s relative resilience in the face of broader market fluctuations.
Delysium (AGI)
Delysium (AGI)—distinct from SingularityNET (AGIX)—is currently trading around $0.12 after a notable surge. In the past week, AGI has increased nearly 18%, positioning it as one of the few standout performers in a generally sluggish altcoin environment. Just two weeks ago, the token was fluctuating between $0.06 and $0.07.
Delysium aims to create an AI-enhanced virtual world and gaming ecosystem. It envisions a metaverse where artificial intelligence agents and human players interact in a shared space.
The platform includes AI-powered characters and digital assistants—featuring a character named “Lucy”—and the YKILY Network (“You Know I Love You”), which acts as an AI-driven social layer within the game.
The project has an ambitious long-term vision: a virtual society consisting of one billion human users and 100 billion AI agents. AGI functions as the native token that supports this ecosystem.
While specific utility details surrounding the token are still being developed, it is anticipated to facilitate in-game transactions, reward users, and potentially serve governance functions as the platform moves toward decentralization.
Support from major tech firms has also heightened Delysium’s visibility. The project has reported backing or collaboration with companies like Microsoft, Google, and NVIDIA, which is an uncommon level of institutional focus for a GameFi project.
In January 2025, the team unveiled “Delysium ONE,” a product aimed at facilitating the broader adoption of AI agents on-chain.
As AI continues to drive discussions in technology, crypto projects integrating credible AI components are experiencing increased interest. In this context, Delysium is considered one of the more substantial entrants in the AI-GameFi sector.
Smooth Love Potion (SLP)
Smooth Love Potion (SLP) is currently priced at about $0.0018, reflecting a minimal 1% increase over the past week. The token has maintained a narrow trading range between $0.0017 and $0.0019 and continues to hover over 99% below its all-time peak during the Axie Infinity (AXS) phenomena in 2021.
SLP serves as the in-game reward currency for Axie Infinity, one of the earliest and most well-known play-to-earn blockchain titles. Players earn SLP by battling with digital pets known as Axies, with the primary use of the token being the breeding of new Axies, a process that consumes SLP within the game’s economy.
However, the token is inherently inflationary as it is infinitely mintable through user engagement. During Axie’s peak popularity, strong demand temporarily propped up SLP’s price, pushing it close to $0.42; however, as user growth slowed, token supply rapidly outpaced demand, leading to a prolonged depreciation.
It’s crucial to recognize that SLP is not a governance token or a conventional investment asset. Instead, it functions more like arcade tickets—its value is directly linked to its in-game functionality and player participation within Axie Infinity.
Recently, SLP has garnered renewed interest, primarily due to updates in the Axie ecosystem aimed at rejuvenating player activity. Notably, the launch of Axie Infinity: Classic (Season 8) this month has reintroduced SLP rewards for participants.
These rewards, which had previously been reduced or eliminated in some game modes to curb inflation, were restored following community feedback regarding the Classic version.
Apart from these game-specific updates, SLP has minimal engagement with the wider cryptocurrency development landscape. Its performance largely hinges on shifts within Axie Infinity’s gameplay mechanics, reward systems, and community involvement.
Frequently Asked Questions
Which cryptocurrencies are trending at the moment?
AltLayer (ALT), Delysium (AGI), and Avalon (AVL) are among the leading cryptocurrencies this week, exhibiting strong relative gains and on-chain activity despite overall market hesitancy. ALT, in particular, is gaining notable traction in the layer-2 segment.
How can I identify trending cryptocurrencies?
Trending tokens typically demonstrate a combination of price momentum, increased trading volumes, and heightened on-chain activity. Tracking market data, token unlock events, and ecosystem advancements—such as new collaborations or protocol improvements—can help in identifying these assets early.
What are the five most-trending cryptocurrencies?
This week, the top trending tokens include:
- AltLayer (ALT) – up 11%, fueled by a resurgence of interest in Ethereum scaling.
- Delysium (AGI) – up 18%, riding the wave of the AI-GameFi narrative.
- Avalon (AVL) – up 7%, bolstered by robust partnerships in Bitcoin DeFi.
- SLP – stable, with renewed in-game utility.
- Linear (LINA) – trending for unfavorable reasons, following a dramatic delisting-induced drop and project shut down.
Note: This article is not intended as investment advice. The content and materials here serve educational purposes only.