Crypto Market Explodes: KAIA Soars 35% as LIT Drops 6% - XRP Dominates Trends on Jan 24
Altcoin markets are staging a dramatic split-screen performance. While one major player rockets into the stratosphere, another stumbles—and the payments giant just keeps churning out headlines.
The High-Flyer
Forget steady gains—this is a moonshot. A single digital asset has ripped higher, posting a staggering 35% surge in a single session. That kind of move doesn't happen in a vacuum. It screams institutional accumulation, a major protocol upgrade going live, or a whale deciding today was the day. Traders are scrambling to decode the catalyst, chasing momentum before the next leg up.
The Underperformer
Meanwhile, not every chart is painted green. Another prominent token is taking a 6% haircut, bucking the broader bullish sentiment. Is it profit-taking after a recent run, sector rotation into hotter narratives, or a fundamental crack in the thesis? This dip is a stark reminder that in crypto, you're only one bad news cycle away from a portfolio dent—diversify or suffer the consequences.
The Evergreen Trendsetter
Then there's the perennial headline hog. While others spike and crash, this asset maintains a relentless grip on the market's attention. It's not always about the raw price move; it's about consistent, high-volume discussion, regulatory chess moves, and ecosystem developments that keep it permanently trending. It's the asset that proves in crypto, sometimes the biggest win is just staying relevant while the hype trains derail around you.
The bottom line? Today's action is a masterclass in market divergence. One token's parabolic rally, another's corrective dip, and a third's relentless narrative dominance. It's a perfect snapshot of a sector where fortunes are made and lost not by the year, but by the hour—just ask any trader who took a bathroom break at the wrong time.
Crypto Market Last 24 Hours Update: Prices, Volume & Trends
The global cryptocurrency market today reached a capitalization of $3.11 trillion, noted a silent drop of 0.5% in the last 24 hours, whereas Total trading volume was recorded at $118.4 billion.
Bitcoin’s (BTC) dominance over the industry remains intense, with 57.5%, while Ethereum (ETH) carries 11.5%. The largest gainers ofthe industry are Polkadot and XRP Ledger Ecosystem in the past day.
(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from coinmarketcap)
Bitcoin (BTC) price today reached $89356.81, fell 0.36% in the last 24 hours, with a trading volume of $38.49 billion and a market cap of $1.78 trillion.
Ethereum (ETH) price today is $2950, dips 0.36% in 24 hours with a trading volume of $22.07 billion and a market cap of $356 billion.
(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap com trending metrics.)
Bitcoin price (BTC): $89,426.45, down 0.34% in the last 24 hours, trading volume (TV): $38.33B.
FIGHT price (FIGHT): $0.02124, plunges 13.01%, TV: $253.21M.
HeyElsa price (ELSA): $0.1733, drops 8.37%, TV: $420.98M.
Ethereum price (ETH): $2,951.98, slips 0.29%, TV: $22.18B.
XRP price (XRP): $1.91, eases 0.21%, TV: $2.4B.
(Ranked by 24-hour percentage gain)
Kaia price today (KAIA): $0.07258, climbs 35.01%, trading activity $95.69M.
DoubleZero price today (2Z): $0.1389, soars 10.68%, trading activity $61.82M.
Canton price today (CC): $0.156, jump 8.31%, trading activity $22.10M.
(Ranked by 24-hour percentage loss)
Lighter price today (LIT): $1.67, slips 6.16%, trading activity $132.39M.
MemeCore price today (M): $1.58, dips 5.07%, trading activity $12.11M.
Internet Computer price today (ICP): $3.45, fall 4.79%, trading activity $99.85M.
Stablecoins reflects 0.1% positive change over the past 24 hours, with a market capitalization of $312.6 billion and trading volume of $94.2 billion.
The Overall (Defi) Decentralized Finance market escalated slightly 0.4% over the last 24 hours, recording a market cap of $107 billion and trading volume (TV) at $3.9 billion. Defi dominance globally marked 3.5%.
Bitcoin Fear and Greed Index Today
Source: Alternative Me
Today’s Fear and Greed Index is 25 (Extreme Fear), up slightly from 24 yesterday. Last week’s 50 (Neutral) shows sentiment collapsed fast, likely due to price declines, weak volumes, and macro uncertainty, reviving defensive investor behavior.
Latest Crypto Market News Today, January 24
(Note: All of these updates have an effect on traders, as they affect liquidity, sentiment, and potential returns, and thus have to be monitored closely.)
On February 4, Tether-backed LAYER 1 blockchain Stable will update its mainnet to version 1.2.0, switching gas to USDT0 and enhancing staking transparency, indexing, and compatibility with developers.
OCC Comptroller Jonathan Gould said the agency will fairly review World Liberty Financial’s bank charter, rejecting political pressure, as WLF plans to independently issue and manage its USD1 stablecoin approval.
BNB Chain executive Nina Rong warned that the CoinMarketCap account may be hacked, saying teams are investigating and urging users to stay cautious about investment advice shared on social media.
According to CryptoQuant data, GameStop transferred all 4,710 BTC to Coinbase Prime, which suggests that the company is about to sell the assets. Purchasing at an approximate of $107, 900 and selling at an approximate of $90, 800 can cost the retailer a loss of $76 million.
Coinbase Markets added Doodles (DOOD) and Moonbirds (BIRB) to its listing roadmap. Trading will begin later, subject to market-making support and technical readiness.
On January 23, 2026, Grayscale submitted an S-1 filing with the SEC on a BNB ETF, and hopes to begin the public offering shortly after it becomes effective.
Comparative Insight
In comparison to the previous crypto update with a weak 0.1% decrease, the present-day crypto market weakness intensified with a stronger decrease of 0.5% without any change in the overall capitalization, which remains at 3.11 trillion.
Bitcoin was fairly stable, being relieved of marginal losses to -0.44%, whereas Ethereum experienced more significant pressure, falling to -2.19%. The volume remained high at $105.5B, but sentiment deteriorated with the Fear and Greed Index dropping to 24 compared to the neutral 49 of the previous week due to a growing short-term caution despite the selective rallies in altcoins.
What This Means for Cryptocurrency Users
To crypto users, a sign of uncertainty in the short term. Reduced volatility and high fear can be interpreted as careful involvement, whereas selective altcoin strength creates strategic benefits to traders who pay close attention to volume, sentiment, and news-related trends.
Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point in the direction of the price or show an action to be taken onthe investment.
CoinGabbar’s Opinion
The update shows a high risk of making aggressive investments, as the momentum is poor and the sentiment is driven by fear. Nevertheless, the disciplined traders can have short-term prospects in high-performing altcoins, but long-term investors need to focus on risk management and patience.
Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and risky. Always conduct your own research and consult a qualified financial advisor before making investment decisions. Not all regions can offer some of the services or assets discussed.
