Crypto Market Rockets: T, XPL, UNI Surge in Last 6 Hours
Threshold Network (T) +18.1%
Threshold Network’s native token, T, has surged 48% within 24 hours as of April 20, 2025, signaling renewed investor interest. Despite a recent dip of 3.31% in the last day and a 7.68% decline over the past week, the sudden spike suggests volatility and potential accumulation phases.
#T is a decentralized threshold cryptography network enabling secure multi-party computation and cross-chain interoperability. The project focuses on enhancing blockchain security by allowing users to stake T tokens to operate validator nodes, which may have contributed to increased demand amid growing DeFi activity.
Given the sharp recent surge following a period of decline, T’s price may continue rising short term as traders capitalize on momentum. However, volatility remains high, so a correction could follow if buying pressure wanes.
Plasma (XPL) +6.31%
The XPL token experienced an extraordinary price spike of nearly 200% within five minutes in August 2025, followed by a rapid crash. This event was linked to a liquidation and hedging operation on the HyperliquidX platform, highlighting the token’s susceptibility to large-scale trading maneuvers.
#XPL is the native token of the Plasma blockchain, a layer-1 network designed for fast and low-cost stablecoin payments. Its ecosystem is gaining attention due to rising on-chain activity and involvement from Ethereum whales, indicating growing institutional interest.
Such extreme volatility suggests speculative trading dominates XPL’s price action. While short-term rallies may occur, sustained growth depends on broader adoption and network utility improvements. Caution is advised as another sharp reversal could happen.
Uniswap (UNI) +5.17%
Uniswap’s UNI token surged over 12% recently following a major on-chain burn of 100 million tokens valued at nearly $600 million. This burn was part of a community-approved upgrade activating the “fee switch,” directing protocol fees toward reducing circulating supply.
#UNI powers Uniswap, the leading decentralized exchange (DEX) known for its automated market-making protocol. The fee switch activation marks a significant milestone aimed at increasing token scarcity and potentially boosting long-term value for holders.
The token burn combined with increased fee revenue could sustain upward price momentum for UNI. Given Uniswap’s dominant market position and ongoing protocol enhancements, further gains are likely if trading volumes remain strong.
