Of the top 100 of the cryptoactives with more capitalization, only two close the week with a price increase. These are Story (IP) and Maker (MKR), which could not be crushed by the market bassist.
With a contribution of USD 5.86, IP is the cryptoactive of the top 100 with the best performance of the last seven days registering an valuation of 24%. And it exhibits a price duplication in the little that has been since its launch, which was just two weeks ago on February 13.
The Token It is now the cryptoactive that was most appreciated so far from 2025while most top 100, including Bitcoin (BTC), are found. This occurs even despite the fact that IP perceive a 20% setback from the new historical maximum of USD 7.33 two days ago.
IP, which is the governance token of the Story Protocol Network, currently occupies the 57th position of cryptoactives with more market capitalization. The asset has been listed since its debut in large exchanges such as Coinbase, OKX and Bitget, which has facilitated its trade.
Story Protocol is a layer 1 (L1) network that allows you to create works in IP Assets, programmable and decentralized assets that function as NFT based on the ERC-721 standard. This allows artists and authors of academic works to manage their intellectual property rights.
In the two weeks that have been launching, he Total Value Blocked (TVL) of this network has reached the USD 15 millionaccording to the data explorer defiliates. This is something that has been favoring the price of IP, as can be seen in the following graph.
After IP, MKR has positioned itself as the cryptoactive with greater appreciation in the last week. Its increase in this period has been 4.33% to USD 1,532.
Thus, MKR, which is 59 with the greatest capitalization, is now 75% below its historical maximum of USD 6,339. Such a milestone was reached almost four years ago, in May 2021.
MKR’s rise against the red tide of the market was driven by several novelties. The most recent is that its network, Sky Network, previously known as Makerdao, announced this week its integration with the Berachain Network to implement Polaris.
As cryptooticias has reported, Berachain is a network of L1, which uses the liquidity test consensus algorithm (Pol).
In this system, participants block assets contributing to network safety and contributing liquidity to decentralized finance platforms (DEFI). Meanwhile, Polaris is a tool designed to strengthen this capital injection in Berachain.
Polaris acts as a bridge that facilitates the flow of USD 7.5 billion Sky Network to Berachain, to boost the activity and improve the liquidity available on the network.
As seen below, The MKR price has also gained impulse around burns of 131,880 units of the token made February 20. This reduction in the amount of asset supply directly impacts the available supply, facilitating its rise in the face of demand.
While IP and MRK rose in the last week, BTC declined 16%
In the midst of this optimistic scenario for IP and MKR, Cryptocurrencies in general have shown a strong setback. Bitcoin fell today to USD 78,000, prices that did not touch in more than three months, thus registering a setback in the last seven days of 16%.
The president of the United States, Donald Trump, announced on Wednesday import tariffs from the European Union (EU). These taxes, which are added to those that established at the beginning of the month for China, Mexico and Canada, affected the bags and cryptocurrencies.
Besides, Exchange bybit hacking last Friday, which involved the greatest robbery of cryptocurrencies in history, unleashed panic sales In the market. Although, IPC and MKR have come out unharmed at the favorable news for their networks, something that could change if the bearish feeling takes force.