Crypto market’s weekly winners and losers – KAIA, CC, ENA, ARB
A week of rotations and selective confidence.
After weeks of holding steady, Bitcoin [BTC] slipped about 6% this week, while Ethereum [ETH] took a 10% hit. These are the top cryptos’ first meaningful weekly losses of the year.
What you really need to look at, though, is how the rest of the market reacted when the cracks started to show. So grab your coffee (or something stronger), and here are some of the big moves from the week gone by!
Weekly winners
Kaia [KAIA] surged high… until profits kicked in
Kaia [KAIA] saw a huge breakout mid-week, before running into heavy profit-taking. That surge was followed by a steep 20%+ daily pullback, bringing prices back toward the $0.074 zone at press time.
Despite the drop, it wasn’t a full trend reversal. RSI went from near-overbought levels to the mid-40s, while MACD remained in positive territory; the bullish structure hadn’t fully broken down yet.
Kaia recently joined the Japan Blockchain Association and is developing Project Unify with Line Next, aiming to build an Asia-focused stablecoin hub for USD, JPY, and THB via a super app. The project is planned for late 2026.
Canton Network [CC] defied the privacy coin pressure trend
Canton Network [CC] stood out this week in an otherwise weak corner of the market. The privacy-coin posted a solid 36% rally, climbing from the $0.12 region to highs near $0.16 before slowing down.
Price began to consolidate near recent highs, with RSI holding around the mid-50s. Meanwhile, DMI readings continued to favor buyers, so the greater trend hadn’t yet changed.
Notably, CC was the only major privacy coin to post gains this week, so there’s selective risk-taking as traders avoid the wider segment.
MYX Finance [MYX] jumps with V2 upgrade
MYX Finance [MYX] had a strong week with a 32% surge; buyers stepped in following its V2 upgrade launch on the 22nd of January. Price rebounded from the $5.3-$5.4 zone and pushed toward the $7 level.
The rally was backed by favorable RSI numbers. CMF flipped back toward neutral, so capital is coming back after a dip. The new upgrade saw the launch of portfolio margining, expanded cross-chain support, and a 10 million MYX/ZKP airdrop.
Other notable winners
Tether Gold [XAUT] and PAX Gold [PAX] climbed 9% and 10% respectively, with demand for gold-backed tokens soaring with macro uncertainty. LayerZero [ZRO] also stood out, gaining 11% on the week. Capital has rotated both into defensive assets and select high-conviction bets!
Weekly losers
Ethena [ENA] slides as sellers take hold of the reins
Ethena [ENA] had a rough week, extending its downtrend with a drop of roughly 15% over the last several sessions. There’s been a steady series of lower closes, with price slipping below the $0.18 support zone and failing to attract meaningful dip buying.
RSI was near oversold levels, while a negative CMF confirmed capital outflows. Volume thinned as the week progressed, so buyers don’t seem quite confident.
ENA seems to be in a consolidation-at-the-lows phase, with the market waiting before reassessing downside risk.
Arbitrum [ARB] is weak with a lesser pace
Arbitrum [ARB] slid close to 15% with higher selling pressure. The chart showed a breakdown from the $0.20-$0.21 zone, followed by a steady float toward the $0.17-$0.18 range. Attempts at short-term rebounds were quickly sold into, keeping price capped. RSI fell into the mid-30s, so bearish momentum is sustained.
With price consolidating near weekly lows, ARB is in a wait-and-watch phase.
Artificial Superintelligence Alliance [FET] falls as AI tokens lose momentum
Artificial Superintelligence Alliance [FET] ended the week on the back foot, slipping a little over 8% as selling pressure stayed steady. The chart showed a breakdown from the $0.25 region, followed by a slow grind lower toward $0.22-$0.23. Any short-lived bounce attempts were quickly absorbed by sellers.
RSI was below 40, while MACD remained firmly negative, a persistent bearish bias. This fall comes as most AI tokens finished the week with double digit losses.
Other notable losers
Losses were not limited to mid-caps. Solana [SOL] fell around 10%, while Chainlink [LINK] dropped nearly 11%. Another big decline came from Sui Network [SUI], which slid about 16% on the week.
Wrapping up…
This week was a good reminder that even when Bitcoin and Ethereum finally wobble, the rest of the market doesn’t all move the same way. Some traders rushed to lock in profits, and others chased strength where it showed up.
As always, these moves aren’t set in stone.
DYOR, manage your risk, and don’t let one rough week (or a good one) do the thinking for you.
Same time next week!
Final Thoughts
- Bitcoin and Ethereum slipping triggered a rotation.
- The market is correcting, and not collapsing. It’s a good sign.
