Crypto Highlights of the Week: Market Movers, Declines & Promising ICOs

Dear Readers,

Bitcoin saw a modest increase on Tuesday, recovering part of the losses it experienced over the weekend. However, the broader cryptocurrency market remained relatively stable as investors weighed the potential economic effects of U.S. trade tariffs. Bitcoin inched up by 0.5% to $105,319.2. Ethereum led the gains with a 5% rise to $2,616, while other altcoins like Solana, XRP, Dogecoin, and Cardano also saw gains ranging from 1.5% to 3%. Overall, the total market value of all cryptocurrencies climbed 1.2% to $3.31 trillion.

Highlights Of The Week

• Fintech giant Revolut is preparing to enter the crypto derivatives market, indicated by a new job posting to build the business from scratch.

• Norway’s Norwegian Block Exchange saw its stock price soar over 138% in one day after announcing it would start buying and holding Bitcoin.

• A stablecoin-regulating bill is set for debate in the US Senate, with crypto lobbying groups urging lawmakers to prioritize its passage despite potential amendments.

• Russia’s largest bank, Sber, has launched a Bitcoin-linked bond product tied to Bitcoin’s price movements and the dollar-to-ruble exchange rate.

• Strategy (formerly MicroStrategy) plans to raise $250 million via an IPO of perpetual preferred stock to finance further Bitcoin acquisitions.

• The ARK 21Shares Bitcoin ETF (ARKB) will have a 3-for-1 share split later this month to attract more retail investors, according to issuer 21Shares.

Top Weekly Gainers

With the cryptocurrency market constantly evolving and often unpredictable, it can be a challenge for investors to navigate. Yet, veteran traders have the expertise to identify the Top Weekly Gainers that promise high returns. By staying attuned to price changes and market trends, investors can leverage these opportunities and refine their investment strategies for more consistent success.

Leading the pack is Pocket Network (POKT), which surged by a staggering 319.12% over the last seven days, currently priced at $0.05460 with a trading volume of $33.77 million. Pocket Network operates as a decentralized platform delivering blockchain data to Web3 applications, fueling the next generation of decentralized services.

Close behind is WhiteRock (WHITE), which soared 174.01% to reach $0.001782, supported by a volume of $7.59 million. WhiteRock stands out as a protocol that tokenizes economic rights to traditional financial assets, bridging conventional finance and the crypto ecosystem.

Another notable mover is FLock.io (FLOCK), up 166.40% to $0.2270 in the last 7 days, with a trading volume of $123.45 million. This growth is partially driven by the locking of 25% of its supply for 265 days and a recent listing on Bitget, which has added significant momentum.

Memecoin Alon (ALON) also made strong gains in the last 7 days, increasing 135% to a price of $0.01367, with $6.81 million in volume. Despite its playful nature, ALON has gained traction, with its developer serving as the CTO of Pumpfun.

Finally, Port3 Network (PORT3) gained 105.55% in the past week, now trading at $0.07186 with a volume of $19.55 million. Port3 Network is an AI data layer network backed by notable investors such as Jump Crypto and Kucoin Ventures, positioning itself at the intersection of AI and blockchain technology.

Top Weekly Losers

The ever-shifting cryptocurrency market is filled with both triumphs and trials. The Top Weekly Losers underscore the challenges posed by adjusting to new regulations, market instability, and public attention. However, this week gives traders and investors the opportunity to reflect on their strategies and push for improved results.

On the downside past week, OKZOO (AIOT) saw a significant drop, plunging 62.02% to $0.1278 with a trading volume of $7.38 million. OKZOO is pioneering the first city-wide decentralized network that leverages AI and IoT devices to gather environmental data, though it faced a tough week in the markets.

REVOX (REX) also took a hit, falling 32.44% to $0.01841 amid $19.49 million in volume. REVOX.AI is focused on creating a shared AI platform for Web3, empowering decentralized AI applications through modular agents.

Huma Finance (HUMA) dropped 30.80% in the last 7 days, trading now at $0.04343 with a hefty volume of $188.55 million. As the first PayFi network, Huma Finance provides instant liquidity solutions for global payments but faced selling pressure recently.

Another project, Griffain (GRIFFAIN), declined by 28.01% to $0.06446 in the last 7 days, with $13.72 million changing hands. Griffain operates as a blockchain platform built specifically for the Solana ecosystem.

Lastly, NEXPACE (NXPC) saw its price decrease by 25.54%, now priced at $1.41 and seeing $161.12 million in trading volume. Nexpace is the blockchain initiative and token backed by Nexon, the company behind the popular MapleStory game.

Hot ICOs To Watch

Active ICOs

Fusio has officially launched its Strong Holder Offering (SHO) on DAO Maker, beginning June 2 and set to end on June 7. With a fundraising goal of $500,000, Fusio presents itself as an AI and blockchain-powered platform aimed at delivering true financial freedom to its users.

Naoris Protocol is currently conducting its IDO on Tokensoft, slated for Q2 2025. Although specific dates within the quarter haven’t been disclosed, the project has already raised $34.5 million across three previous rounds. Naoris Protocol stands out by offering Web3 security solutions designed to counter quantum threats—without requiring hard forks.

Resolv is running incentivized activities until June 27 as part of its ICO strategy. The project has already secured $10 million through three prior funding rounds. Resolv introduces USR, a stablecoin that is backed by ETH and pegged to the USD, aiming to create a more decentralized and stable digital currency ecosystem.

Upcoming ICOs

Sahara is preparing to launch its IDO on Buidlpad, running from June 8 to June 15, with a fundraising target of $8.5 million. The project aims to build a decentralized AI network that ensures fair and universal access to knowledge—positioning itself at the intersection of AI and blockchain for equitable information sharing.

Plasma will begin its public sale on June 9, targeting $50 million raise. Designed as a high-performance blockchain optimized for stablecoins, Plasma boasts the ability to process thousands of transactions per second, making it a strong contender in the race for scalable DeFi infrastructure.

Anazir will conduct its IDO on Spores from June 12 to June 14, with a more modest fundraising goal of $150,000. Anazir brings a blockchain-based mobile game to the table, offering unique gameplay mechanics tailored for competitive players in the growing GameFi space.

Ended ICOs

Sophon concluded its Binance HODLer Airdrops round on May 28, following a track record of raising $84.01 million across eight previous rounds. Built as a modular Layer 2 on zkSync, Sophon aims to revolutionize the entertainment industry through the ZK Stack, blending scalability with privacy.

Elderglade wrapped up its Binance Wallet Sale on May 27. The project raised $2 million in earlier rounds and brings a retro-themed NFT game powered by AI. Featuring PvPvE combat and its native $ELDE token, Elderglade combines nostalgic aesthetics with modern blockchain-based gameplay.

EarnPark closed its Token Sale Tier 1 in Q2 2025, adding to its total raise of $1.7 million from six earlier rounds. The platform provides interest-earning services for digital asset investors, positioning itself as a reliable yield-generating option in the crypto finance space.

Hottest Airdrops

Virtuals Protocol

• Buy ETH on Binance or your preferred exchange

• Transfer ETH to your Web3 wallet

• Bridge ETH to Base network via Rhino

• Connect to Aerodrome DEX

• Swap Base ETH for $VIRTUAL tokens

• Keep some ETH for gas fees

• Go to the Virtuals Protocol app

• Connect your wallet

• Browse and select AI agents to trade

• Swap $VIRTUAL for AI agent tokens via the interface

  Heat Rush

• Download MetaMask or another supported Web3 wallet

• Make sure your wallet is set up for the Base network

• Click "Connect Wallet" on the website homepage

• Confirm the connection request in your wallet

• Finish setting up your account

• Check in daily on the Heat Rush dashboard to earn 23 points

• Join the official Telegram community

• Follow Heat Rush on X (Twitter)

• Complete any social media tasks shown on your dashboard

• Share your referral link with friends and family

• Get 150 points for each referral who signs up and registers

  Best Regards,
  Crypto Recorder Team
  
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