Small-Cap Tokens Hit New Highs as Broader Crypto Market Lags

Several smaller-cap tokens flirted with fresh records on Thursday ET, even as the broader crypto market remained well below prior cycle peaks—highlighting the market’s uneven recovery and the sharp dispersion between outperformers and laggards.

Data compiled by CryptoRank around 2:01 p.m. Seoul time (1:01 a.m. ET) showed six assets setting new ‘all-time highs’ (ATHs) over the past day among tokens with at least $10 million in market capitalization. Most of the moves were marginal—suggesting price discovery at the top is being driven more by incremental bids than a broad risk-on surge.

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