Top Cryptos VeChain, Monero, and Uniswap Surge Amid Market Consolidation
The crypto market experienced a consolidation phase following a sharp rally on August 17-23, but some assets continued to climb.
Among the top 100 cryptocurrencies by market cap, VeChain (VET) led the pack with a 23.83% price surge over the week, followed closely by Monero (XMR), which gained 23.64%.
The rise of VET may have been influenced by the team's announcement to explore technical upgrades to the project.
Uniswap's token rose 19.31%, with notable activity around its burn protocol, where over $300,000 worth of UNI was burned in the past 10 days.