Crypto market’s weekly winners and losers – TON, SIREN, PI, SKY

This week, winners drove crypto market performance. Rather than relying on momentum alone, altcoins rallied on fundamental catalysts such as protocol upgrades and rising development activity, strengthening investor conviction and sustaining upside momentum. As capital rotated toward fundamentally strong assets, downside performers remained largely sidelined, reflecting selective risk allocation across the market. Weekly winners Toncoin [TON] - Altcoin dominated this week following major protocol upgrades Toncoin [TON] led this week’s gainers with an 80%+ rally, delivering one of its strongest weekly performances in recent memory. More importantly, rather than emerging from speculative momentum, TON’s move followed clear technical and fundamental catalysts. Technically, TON spent multiple weeks consolidating near the $1.5 support zone. Buyers then absorbed selling pressure and triggered a post-consolidation breakout, a structure that typically drives rapid upside expansion before profit-taking emerges. The key takeaway? Fundamentals amplified the breakout. Network leadership introduced a 6× fee reduction, while ecosystem changes strengthened Telegram’s role in development, reinforcing investor confidence.  TON's recent price action reinforces the bullish setup.  After an aggressive rally, TON faced two consecutive sessions of selling pressure that triggered a nearly 10% retracement. Yet, bulls quickly stepped back in, producing a 2.75% intraday rebound and confirming continued demand at higher levels. This reaction keeps TON structurally strong heading into the coming weeks. Siren [SIREN] - Protocol token triggered a post-consolidation breakout  Siren [SIREN] ranked as the second-largest weekly gainer with a 63% rally. Price broke out after a prolonged tight range, mirroring TON’s post-consolidation expansion and confirming strong accumulation beforehand. However, momentum is weakening. A 6% pullback shows sellers actively defending resistance near the $1.5 level, stalling upside continuation. Because the breakout followed nearly three weeks of consolidation, the rally now enters a typical profit-taking phase. If buyers fail to absorb selling pressure, price risks rotating back toward the $1 support zone, shifting SIREN into a short-term corrective structure. Venice Token [VVV] - Utility token reclaimed its Q1 2025 price levels  Venice Token [VVV] ranked third among weekly winners with a 58% rally. Unlike the other gainers, VVV’s move builds on an already established bullish structure rather than a single breakout event. Since mid-December 2025, price has consistently formed higher lows. Each higher low has pushed price into a new higher high, showing that buyers continue to step in around key resistance levels. Fast forward to now, the rally marks six straight weeks of gains. In this context, the 7.3% intraday pullback suggests short-term profit-taking, not trend weakness.  If this pattern holds, the pullback likely acts as consolidation before continuation, keeping a breakout toward the $17–$20 zone technically viable. Other notable winners  Outside the majors, altcoin movers also stood out this week. B3 [BASE] led the action with a 338% surge, followed by CommonWealth [CWU], which climbed 256%, while TROLL [TROLL] gained 253%, rounding out the list of the week’s biggest movers. Weekly losers  Pi [PI] - Altcoin dominated discussions despite posting minor losses Pi [PI] topped this week’s losers chart with a 1.8% decline. While the loss appears small during a broader risk-on market, price action shows clear relative weakness as capital rotated into stronger assets. From the technical standpoint, the weekly structure strengthens the bearish case. The latest drop follows last week’s 2.6% decline, confirming that bulls continue to fail at reclaiming resistance as support. Consequently, recent selling has pushed PI back toward its mid-April range, erasing post-breakdown recovery attempts near $0.16. If sellers maintain control, pressure on the $0.16 support zone could intensify, with RSI nearing oversold levels and signaling sustained downside momentum rather than exhaustion. Under this structure, PI now risks extending its 1.8% weekly loss into the coming sessions, increasing the probability that the current move develops into a broader breakdown below $0.15. Sky [SKY] - DeFi infrastructure token potentially preparing for a breakout Sky [SKY] ranked as the second-largest loser this week with a modest 0.6% decline. Unlike PI, SKY maintains a constructive market structure. Previous weekly pullbacks repeatedly attracted demand, producing rebounds that formed higher highs, with the latest peak near $0.09. This pattern signals trend continuation rather than weakness and places price in a typical cooldown phase after expansion. If buyers continue defending higher levels, the current dip likely functions as consolidation, increasing the probability of a breakout above $0.10 in the coming weeks. UNUS SED LEO [LEO] - U