Market Report: Top 5 Cryptocurrency Gainers on January 31, 2026, led by HYPE

Gate News Bot Message, January 31, 2026, according to CoinMarketCap data, the crypto market continues to heat up, institutional funds accelerate their entry, and precious metals trading leads platform innovation and integration waves. The following are the top five cryptocurrencies by 24-hour gain:

1️⃣ HYPE (Hyperliquid) 📈 Current Price: $31.26 | Change: +6.40% 📊 24H High/Low: $32.63 / $28.29 | Market Cap: $9,445,101,572.43 💡 Hyperliquid’s outstanding performance in precious metals trading drives the price up, with silver contract trading volume exceeding $1.2 billion, HIP-3 DEX open interest surpassing $925 million to reach a new high. Signals from leading institutions like a16z and Hyperion DeFi continue to increase holdings, releasing positive expectations. Whales are bottom-fishing, and the platform’s innovative integration trend supports the price.

2️⃣ JUP (Jupiter) 📈 Current Price: $0.206 | Change: +5.61% 📊 24H High/Low: $0.207 / $0.19 | Market Cap: $668,362,784.56 💡 Jupiter is about to launch a 200 million token airdrop (executed on January 30), with 175 million allocated to active paying users and 25 million to stakers. The airdrop is expected to boost spot trading volume by over two times to $63.6 million. Market speculation is heating up, and funds are positioning early in anticipation of the airdrop benefits.

3️⃣ PI (Pi) 📈 Current Price: $0.17 | Change: +5.60% 📊 24H High/Low: $0.19 / $0.16 | Market Cap: $1,471,209,556.19 💡 Pi Network continues to promote ecological payment applications, with USDT testnet support now open. TokPi short video social platform and Fixora local service marketplace are launched simultaneously. The low-threshold mobile mining attracts users in emerging markets, and the ecosystem’s practical validation accelerates price support.

4️⃣ STX (Stacks) 📈 Current Price: $0.29 | Change: +3.51% 📊 24H High/Low: $0.29 / $0.27 | Market Cap: $528,473,239.51 💡 As the core smart contract layer of the Bitcoin ecosystem, Stacks has gained attention amid the crypto market rebound. Its unique position connecting BTC and DeFi is gradually recognized by investors, with market participation steadily increasing.

5️⃣ LIT (Lighter) 📈 Current Price: $1.69 | Change: +3.43% 📊 24H High/Low: $1.82 / $1.56 | Market Cap: $424,509,206.35 💡 Lighter has launched the LIT staking access mechanism, enhancing the interests of token holders. The platform’s open interest remains high at $146 million. Derivatives trading volume continues to grow, institutional funds keep entering, and the dual drivers of staking and buybacks support the price.

📊 Market Summary: The sudden surge in precious metals trading has become the core catalyst of this round of market rally. Innovative platforms like Hyperliquid accelerate the integration of traditional finance and crypto markets through asset tokenization. Meanwhile, multiple driving forces such as star airdrops (Jupiter), ecosystem implementation (Pi Network), and institutional accumulation (HYPE) jointly boost market vitality, reflecting investors’ ongoing focus on on-chain application practicality and platform innovation. It is recommended that investors closely monitor platform activity data and institutional position changes.

This message is not investment advice. Investors should be aware of market volatility risks.