The digital asset market has shown clear signs of expanded volatility since last week, drawing significant investor attention. As of May 1, data from cryptocurrency trading platforms reveals that a large number of the top-performing assets over the past week are listed in the BTC market, a Bitcoin-based trading environment. This suggests that specific themes or technical factors are driving strong short-term buying pressure toward certain coin groups. Notably, compared to fiat markets, assets correlated with Bitcoin's price are recording significantly larger gains, demonstrating that Bitcoin-linked markets are currently seizing the initiative.
Analysis of gains across major time periods shows that several assets have recorded overwhelming growth. Orca Coin maintained a strong upward trend across all periods—1 week, 1 month, and 3 months—fluctuating between +125.70% and +137.42%, and recently posted a +39.64% gain. BioProtocol also achieved a remarkable +141.96% increase in just one month, while ZeroBase delivered a +133.62% rise over three months. These figures serve as important indicators supporting the presence of not only short-term catalysts but also medium- to long-term momentum acting simultaneously in certain assets.
Among the top 10 weekly gainers, ENKIN took the first place with an explosive +181.82% surge, followed by Orca at +142.43%. From third to tenth place, the list included diverse assets such as GameBuild, ZeroBase, Rumbad, Aztec, Fluent, Enso, Somnia, and ZKPass. Among them, BTC market assets clearly dominated the top ranks. Enso and Aztec gained +55.41% and +84.00% respectively, attracting notable attention, while Somnia and ZKPass also surged by more than 50%. This underscores that the market correlated with Bitcoin price volatility is currently offering higher volatility and greater upward opportunities compared to fiat-based markets.
The top 5 assets by daily sell-order intensity—Status Network Token, Ark, ZeroX, CeltaFuel, and Decentraland—all recorded a unique 0.00% figure. This could indicate either a near absence of buy orders or an extreme concentration of selling pressure in that segment. While certain assets like Orca are evaluated as having very high medium-term investment appeal due to their weekly surges and strength across various periods, other asset groups show distorted order-intensity indicators, suggesting potential liquidity imbalances. Therefore, in the current environment of expanded volatility, it is essential to manage risk by comprehensively analyzing auxiliary indicators such as trading volume and order book depth, rather than relying solely on price gains.