These Projects Were the Biggest Gainers Across Key Metrics in June

June has come to an end, and with it, the remarkable quarter for the crypto industry. While the focus is usually on bitcoin (BTC) and its price movements, market experts emphasize the importance of analyzing other projects.

According to a report from the market intelligence firm Santiment, several crypto assets experienced significant increases in key metrics throughout June. Notably, these projects had market caps of at least $500 million.

Biggest Crypto Gainers in June

The metrics Santiment focused on in its report include market cap, trading volume, social volume, development activity, network growth, age consumed, and whale transactions. 

Market cap, derived by multiplying the price of a coin by its circulating supply, provides the estimated size and dominance of a coin in the market. Liquid Staked ETH (LSETH) experienced the highest market cap growth, with an 89.7% increase in June. The project was followed by Maple Finance, Aerodome Finance, Sei, and Kaia, with 68.7%, 64.2%, 61.3%, and 55.4%, respectively.

Next is trading volume, which measures how actively a coin is being traded, reflecting its interest and liquidity levels. High volumes signal strong activity, while low levels indicate weak demand or investor interest. Santiment found that Mantle Staked Ether (METH) recorded the highest rise in trading volume (1,643.8%) in June. The following projects were Pudgy Penguins (751.9%), Sei (635.9%), Kaia (397.9%), and World Liberty Financial USD (397.2%).

Leaders in Social Volume

Crypto exchange OKX’s native token, OKB, experienced the highest surge in social volume, rising 228.5% in June. Social volume refers to how often a project is mentioned across social media platforms. This indicates the level of attention or hype a coin receives at any given time.

Following OKB are Pax Gold, BitGo’s Wrapped Bitcoin (WBTC), Wrapped XTZ (WXTZ), and Tether Gold, with spikes in social volume of 137.5%, 100%, 100%, and 86.78%, respectively.

Furthermore, Bittensor, Celestia, Near protocol, Internet Computer, and Binance Coin saw the highest growth in development activity. USD Coin on Arbitrum, Dai on Avalanche, GateToken, Dai on Polygon, and XinFin recorded the most spikes in network growth. 

For age consumed, projects like Mantle, Gala, Floki on Ethereum, Render, and Usual USD saw the most growth. This metric tracks the activity of long-term holders and early investors. GateToken, SPX6900, USD Coin on Optimism, Sky, and DeXe recorded the highest spike in whale transactions.

Notably, projects that have grown in these metrics are considered more established and less affected by volatility. Such coins also have more room to grow if there is increased adoption or investor interest.

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