Crypto Rally Alert: JST, STEEM, STX, ENS, PENGU Surge in Last 6 Hours
JST +26.44%
JST is the native token of the JUST crypto platform, which supports decentralized lending, collateralization, and stablecoin issuance pegged to the US dollar (USDJ). It launched in May 2020 and has seen fluctuating prices since.
#JST plays a crucial role in the TRON blockchain ecosystem by enabling governance and financial operations within the JUST platform. Despite recent downturns aligned with broader market weakness, JST has shown signs of reversal as investor interest rekindles.
Given the platform’s fundamental utility and renewed market activity, JST’s price is likely to continue rising in the near term. However, caution is advised as overall crypto market volatility could impact momentum.
STEEM +11.87%
STEEM is a blockchain-based social media token that rewards content creators automatically through its unique distribution mechanism. As of April 25, 2025, STEEM was trading around $0.149.
#STEEM aims to revolutionize content monetization by incentivizing user engagement and participation via Smart Media Tokens (SMTs), an upcoming upgrade designed to enhance its ecosystem. Recent surges reflect growing interest in decentralized content platforms.
With steady demand for decentralized social media solutions, STEEM’s price could maintain upward momentum. Nonetheless, broader market trends will heavily influence its trajectory.
STX +6.52%
STX is the native token of Stacks, a Bitcoin layer-2 solution that enables smart contracts and decentralized applications secured by Bitcoin’s blockchain. Recently, STX surged over 50%, reaching near $1.
#STX benefits from increasing institutional adoption following BitGo’s integration of sBTC and expanding DeFi liquidity on the Stacks platform. This surge underscores growing confidence in Bitcoin-based smart contract ecosystems.
The strong fundamentals and institutional interest suggest STX may continue its upward trend, potentially breaking new resistance levels if momentum sustains.
ENS +5.5%
ENS is the governance token for Ethereum Name Service, which provides human-readable names for Ethereum addresses. The token recently surged 55%, reaching $34.47 after a whale took a significant profit.
#ENS has experienced notable price gains due to increased adoption of Ethereum naming services and recent layer-2 blockchain launches that enhance usability. The surge reflects heightened demand for decentralized identity solutions.
While short-term volatility may follow profit-taking events, ENS’s growing utility suggests a positive long-term outlook with potential for further price appreciation.
PENGU +4.94%
PENGU is the token linked to Pudgy Penguins NFT project. It recently experienced a 40% price explosion amid rumors of a potential Pokémon partnership and pending approval of Canary Capital’s PENGU ETF.
#PENGU’s ecosystem combines NFTs with DeFi elements, attracting bullish sentiment from both collectors and investors. The ETF approval could inject significant liquidity and drive further adoption within its niche market.
If the partnership rumors materialize and ETF approval occurs, PENGU could sustain its rally. However, NFT market volatility means investors should watch for potential corrections after sharp gains.