Strength is spreading across the domestic cryptocurrency market, centered on mid- and small-cap altcoins. SOPH and DRV both surged more than 24%, with short-term buying concentrated in them, while numerous other coins also posted gains in the 6-8% range.

SOPH and DRV Both Surge Over 24%

According to the KRW market screen provided, SOPH rose 24.60% to 7.09 won, with trading volume totaling approximately 1.046 trillion won. DRV climbed 24.51% to 254 won, recording a gain similar to SOPH's, with trading volume reaching approximately 3.0305 trillion won. Notably, DRV ranked near the top not only in gains but also in trading volume, indicating that trading participation rose sharply alongside the price surge.

Numerous Coins Also Rise 6-8%

• ENSO: 1,252 won, +8.59%, trading volume approximately 249.1 billion won
• DEEP: 21.7 won, +7.43%, trading volume approximately 145.7 billion won
• GEOD: 328 won, +6.84%, trading volume approximately 564.4 billion won
• Falcon Finance (FF): 159 won, +6.71%, trading volume approximately 416.4 billion won
• Heysel (ELSA): 72.7 won, +6.60%, trading volume approximately 1.7908 trillion won, a relatively high level
• Wallace (WAL): 37.4 won, +6.55%, trading volume approximately 64.4 billion won, relatively small compared to other coins

Market Characteristics and Points of Caution

A characteristic of this round's top gainers is that while the surges of SOPH and DRV stand out, numerous other coins are also posting 6-8% gains. Rather than only one or two coins moving, short-term capital appears to be flowing across a range of mid- and small-cap altcoins.

However, coins that surge more than 20% can see significantly expanded price volatility in the short term. Increased trading volume may support further gains, but profit-taking sell-offs could also emerge after the surge, so caution regarding volatility is warranted. Meanwhile, some coins have relatively modest trading volume relative to their gains, so changes in trading volume should also be monitored.

[※ This article was written for the purpose of providing information about the cryptocurrency market and does not recommend the purchase or sale of any specific virtual asset or guarantee investment returns. Price forecasts, support and resistance levels, and target prices mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and investors may lose part or all of their principal. Investment decisions and their consequences are the responsibility of the investor, so please thoroughly review market conditions and relevant information before investing. This article was written with AI assistance.]