Toncoin Tops Crypto Gainers as XRP Nears Multi-Year Highs

• Toncoin leads with 4.89% gain, topping daily crypto performance charts.
• Gold-backed tokens PAXG, XAUt rise over 2% amid macroeconomic uncertainty.
• XRP climbs to $2.98, maintains post-SEC settlement momentum.

Toncoin (TON) led all major cryptocurrencies in daily gains, ending the last 24 hours with a 4.89% increase and trading at $3.59. The latest market data, posted by attorney John Morgan, showed price movements across a variety of digital assets, showing selective recovery amid broader consolidation in the crypto market.

Following TON, Litecoin (LTC) registered a 2.70% uptick to reach $107.02. LTC’s positive price movement came amid recent volatility, which analysts attribute to increasing on-chain activity and address-level accumulation.

Memecoin PENGU ranked third in daily gains, rising 2.57% to trade at $0.03. The token has seen fast-paced listings on decentralized platforms and has shown short-term traction in recent sessions.

Gold-Backed Tokens Maintain Momentum

Gold-linked digital assets remained among the day’s top performers. PAX Gold (PAXG) climbed 2.05% to $3,363.70, while Tether Gold (XAUt) increased 2.03%, reaching $3,359.82. These movements occurred due to ongoing macroeconomic concerns, which have historically contributed to heightened demand for asset-backed cryptocurrencies.

XRP recorded a 1.87% gain, ending the day at $2.98. The token continues to show positive momentum in the following days of its legal settlement with the U.S. Securities and Exchange Commission earlier this year.

Other price changes included NEXO , which advanced 0.97% to $1.30, and TRON (TRX), which saw a 0.70% rise to $0.33. FORM added 0.68% to trade at $3.77, while FDUSD, a stablecoin, posted a marginal gain of 0.01%, holding its value at $1.00.

Despite the day’s mixed performances, large-cap and commodity-backed assets were high on the gainers’ list. Market analysts believe this indicates that investor activity remains limited in lower-risk areas of the crypto market.