As the crypto market experiences a weekend rally, three coins have notably outperformed their peers. Layer-2 protocol Immutable X’s native token IMX, DeFi platform Pendle’s PENDLE, and the Solana-based meme coin Bonk (BONK) have led the charge with significant gains in market price and trading volume.

Immutable X (IMX) Sees Remarkable Growth

The layer-2 scaling solution for Ethereum, Immutable X, has seen its token IMX surge to $2.70, marking a 13.74% increase from the previous day. The trading volume for IMX has impressively soared by over 120%, reaching a total of $222.6 million. The token’s consistent upward trajectory over the past month has investors taking notice, with a 21.54% increase in value and a 24.42% rise in the past week alone.

Pendle (PENDLE) Rides the DeFi Wave

Amidst the flourishing DeFi sector, Pendle’s token has witnessed a 12% price hike with $93.9 million in trading volume, a 62.16% jump from the previous day’s data. This activity has catapulted PENDLE to the ranks of the 75th most traded cryptocurrency over the last 24 hours according to CoinMarketCap statistics.

Bonk (BONK) Enjoys a Price Bounce

Not to be outdone, Solana’s dog-themed meme coin BONK has also seen an 8% increase in its price, now sitting at $0.00001286. The coin’s trading volume has exploded by 124.92%, with over $280.3 million traded in just 24 hours. Over a 48-hour span, BONK’s price has impressively rallied by 30%, buoyed by the broader market’s positive momentum and the recent introduction of the BONKrewards scheme.

Other Notable Performers

Among the other top-performing cryptocurrencies, the Solana meme coin dogwifhat (WIF) has seen a 25.7% increase in its price, now valued at $0.2862. This has raised its market value to $282.7 million, landing it the 199th spot on CoinMarketCap’s list. However, the more widely recognized meme coin Dogecoin (DOGE) has experienced a minor setback, dropping 1.17% in price and over 8% in 24-hour trading volume, despite significant purchases from bullish DOGE whales.