Osmosis, Celestia, and Kaspa reported gains of between 8% and 12% as the top cryptocurrencies on January 5.
Topping the CoinMarketCap ranking is Osmosis (OSMO), a token that functions as a decentralized exchange (DEX) within the Cosmos ecosystem, connecting sovereign blockchains through the Inter-Blockchain Communication (IBC) Protocol. The data shows that the live price is $1.80, accompanied by a 24-hour trading volume of $138 million.
The latest update reflects an increase of 12.4% in the last 24 hours. Osmosis has continued to gain interest in the community, with the token reaching $1.1 billion in monthly volume during December according to DefiLlama data.
Celestia (aunt) is the second-ranked modular blockchain network. As of the latest update, the live price of Celestia is $16.07 and the 24-hour trading volume is recorded at $831 million, showing an increase of 11.8% in the last 24 hours and gains of the 26.1% in the last 7 days.
The token has continued to see price increases in response to its airdrops, which have occurred since its mainnet beta launch in October, at which time more than 580,000 users received TIA.
Caspian (THAT), a proof-of-work (PoW) cryptocurrency implementing the GHOSTDAG protocol, rounds out third place on the leaderboards.
With gains of 8.1% to $0.113, the recent rise is attributed to recent posts by cryptocurrency industry experts Leiner and Simo, who suggest that the project could be poised for another significant rise.
