Market Report: Overview of the top 5 cryptocurrencies by percentage increase on February 2, 2026, with the leading coin being Stable

STABLE1.35%
PYUSD0.15%
MYX0.38%
XDC0.97%

Gate News Bot Message, February 2, 2026, according to CoinMarketCap data shows that the cryptocurrency market has experienced significant divergence in gains, with stablecoin sector and mainstream assets performing differently. The following are the top five cryptocurrencies by 24-hour gain:

1️⃣ STABLE (Stable) 📈 Current Price: $0.26 | Change: +19.16% 📊 24H High/Low: $0.27 / $0.22 | Market Cap: $472,445,380.58 💡 STABLE, a blockchain dedicated to stablecoin payments, recently received a major positive development—PayPal’s issued USD stablecoin PYUSD has launched on the Stable network. This partnership marks recognition of its value as stablecoin infrastructure, attracting institutional applications and driving the price up.

2️⃣ MYX (MYX Finance) 📈 Current Price: $5.58 | Change: +15.19% 📊 24H High/Low: $5.64 / $4.64 | Market Cap: $1,404,555,939.81 💡 MYX Finance performed strongly, ranking second in gains. Market attention to its DeFi ecosystem solutions is increasing, with active capital inflows.

3️⃣ XDC (XDC Network) 📈 Current Price: $0.36 | Change: +4.87% 📊 24H High/Low: $0.36 / $0.33 | Market Cap: $696,014,657.36 💡 As an enterprise-grade blockchain platform, XDC Network’s demand in traditional financial digitization applications is steadily releasing, supporting a moderate increase in its price.

4️⃣ M (MemeCore) 📈 Current Price: $1.32 | Change: +4.84% 📊 24H High/Low: $1.39 / $1.20 | Market Cap: $1,668,974,085.37 💡 The Meme coin sector is overall warming up, with Pump.fun platform’s daily active addresses surpassing 300,000, hitting a new high, and Solana ecosystem’s daily new coin creation reaching an 11-month high. Market sentiment has improved, slightly boosting MemeCore.

5️⃣ CC (Canton) 📈 Current Price: $0.18 | Change: +4.57% 📊 24H High/Low: $0.18 / $0.16 | Market Cap: $7,051,535,468.48 💡 Canton benefits from the wave of traditional finance entering the space. News that Nomura Holdings’ Laser Digital applied for a U.S. national trust bank license reflects increasing demand from large financial institutions for crypto asset custody and trading, bringing positive policy signals to the sector.

📊 Market Summary: Today’s market presents structural opportunities. Stablecoins gain institutional recognition with PYUSD launching on the Stable network, while DeFi and Meme sectors benefit from increased ecosystem activity. Notably, adjustments in Federal Reserve monetary policy expectations, clearer government regulatory frameworks, and accelerated traditional financial institution involvement inject positive momentum into the crypto market. Investors are advised to continue monitoring policy signals and liquidity changes.

⚠️ Risk Warning: This message is not investment advice. The cryptocurrency market is highly volatile; please assess risks carefully. Market sentiment shifts can lead to rapid reversals; set reasonable stop-losses.

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