Key Highlights
- Pi Network topped CoinMarketCap’s weekly leaderboard with a 27.39% gain.
- OKB, DeXe, Kite, and Hyperliquid followed among the top-performing large-cap tokens.
Pi Network (PI) emerged as the top weekly performer on CoinMarketCap, leading a pack of major altcoins that posted sharp gains over the last seven days. According to CoinMarketCap data shared on March 11, Pi rose 27.39% over the week to trade near $0.2337, giving it a market capitalization of about $2.25 billion.
The weekly leaderboard showed OKB in second place with a 21.44% gain, followed by DeXe at 18.42%, Kite at 15.47%, and Hyperliquid (HYPE) at 11.25%.
The move suggests capital is rotating into select altcoins even as the broader market remains mixed. CoinMarketCap’s Fear & Greed Index was at 28, indicating fear, while its Altcoin Season Index stood at 36/100, showing that the market has not fully entered a broad-based altcoin breakout yet.
Pi Network leads the pack
Among the top gainers, PI coin stood out not only for its weekly performance but also for its improving trading activity. CoinMarketCap screenshots show PI’s 24-hour volume at $41.9 million, up sharply, while its market cap climbed 4.67% on the day to $2.25 billion.
Its chart also shows a notable rebound from lows near the $0.13-$0.14 range in February, with the price now pressing around the $0.23 level. That recovery has put Pi coin back in focus ahead of Pi Day on March 14, a date that often draws heightened interest from its community.
Spot market data further showed that Pi trading was concentrated across major exchanges, with OKX, Gate, and Bitget among the top venues by 24-hour volume for the PI/USDT pair.
OKB holds strong after sharp recovery
OKB ranked second on the weekly leaderboard, trading around $95.50 after gaining 21.44% over the past seven days. The token’s market cap stood near $2 billion, while daily volume climbed to about $57.5 million.
The chart indicates OKB staged a strong rebound after dipping below the $70 mark in February before reclaiming the mid-$90 zone. Most of its spot liquidity appeared centered on OKX, with other venues such as Gate and MEXC also contributing to volume.
DeXe extends rebound
Governance-focused token DeXe (DEXE) posted an 18.42% weekly gain to trade near $4.26. CoinMarketCap data showed its market cap at roughly $356.7 million, with 24-hour trading volume of $16.69 million.
Its weekly chart suggests a rebound from a prolonged downtrend, with the price recovering from the low-$2 region toward the mid-$4 level. Binance remained the leading spot venue for DEXE/USDT trading, followed by decentralized activity on PancakeSwap.
Kite and Hyperliquid also join the rally
Kite ranked fourth with a 15.47% seven-day gain, while Hyperliquid rounded out the top five with an 11.25% increase. Hyperliquid’s inclusion is notable given its already large market capitalization of about $9.39 billion, suggesting strength was not limited to smaller-cap tokens.
The leaderboard points to selective momentum across altcoins rather than a full-scale market-wide breakout. Large-cap and mid-cap tokens are still moving unevenly, but names with strong narratives or active communities appear to be drawing attention.
What it means for the market
The broader market backdrop remained cautious. CoinMarketCap data showed the total crypto market cap at $2.41 trillion, down 0.45%, while the CMC20 index stood at $145.8, slipping 0.17%. Market sentiment also remained weak, with the Fear & Greed Index at 28, firmly in Fear territory.
At the same time, the Altcoin Season Index stayed at 36/100, suggesting the market is still tilted toward Bitcoin rather than a full-fledged altcoin cycle, even as select names like Pi, OKB, DeXe, Kite, and Hyperliquid outperformed. The Average Crypto RSI at 53.27 pointed to a relatively neutral momentum setup, showing that while some tokens are seeing strong weekly bursts, the wider market is not yet in an overheated zone.
For now, Pi Network has taken the top spot on CoinMarketCap’s weekly performance board, but whether it can hold that lead may depend on whether momentum continues into Pi Day and whether the broader altcoin market follows through.
Also Read: Pi Coin Up 54% in a Month as Traders Position for Pi Day
