Which Cryptos are Flashing Bullish Momentum Right Now?

CoinMarketCap’s momentum algorithm, tracking news, social activity, and price strength, highlights Definitive, UMA, and KernelDAO as standout gainers this week.

Each shows a unique mix of retail traction, protocol adoption, and exchange-driven liquidity.

Definitive (+22.6% 24h, +133% 7d, Market Cap $144.4M)

Onchain trading platform EDGE saw sharp gains after its August 18 Biconomy listing and integration with Revolut’s 60M+ user base. Daily volume spiked 69%, with RSI at 74 signaling an overbought zone but strong trend support. The momentum reflects a mix of retail accessibility and institutional case studies, including large trades executed at low fees.

• Watch for: potential profit-taking if RSI sustains above 80.

UMA (+14.8% 24h, +11.7% 7d, Market Cap $133M)

UMA broke resistance at $1.60 with a 507% volume surge, powered by its Optimistic Oracle — now handling 7,000+ monthly proposals for prediction platform Polymarket. With dispute rates under 2%, operational efficiency remains a strength. Traders are watching the $1.55 support as a pivot for a move toward $1.70.

• Watch for: resilience above $1.55 to maintain breakout momentum.

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KernelDAO (+16.3% 24h, +7.8% 7d, Market Cap $50M)

KernelDAO gained traction after Binance added KERNEL as loan collateral on August 1. Its Kelp liquid restaking protocol (400K users, $2B TVL) underscores multi-chain adoption. With a low fully diluted valuation relative to peers, upside could follow if progress is made on Korean VASP registration.

• Watch for: data from the August 4 MemeX Liquidity Festival to gauge further adoption.