Strong project updates, user-focused upgrades, and deeper infrastructure rollouts are driving momentum across the crypto market today. As more platforms address real-world challenges like speed, privacy, and usability, investor confidence continues to grow, fueling upward price movement.

Monero, Solayer, Velo, and GMX are leading today’s list of top crypto gainers. Monero enhances its privacy tools, Solayer launches a high-speed Devnet, Velo introduces PayFi to streamline cross-border payments, and GMX boosts trading efficiency with the rollout of GMX Express. These advancements, along with strong market performance, are key drivers behind their top rankings. Let’s take a closer look to understand what’s fueling their momentum.

Monero is a privacy-focused cryptocurrency that was created as a fork of Bytecoin. It is fully open-source and maintained by a volunteer community. Solayer (LAYER) is a decentralised protocol built on the Solana blockchain. Velo is building a decentralised settlement network designed to enable its Trusted Partners to transfer value securely and quickly. GMX is a decentralised exchange that offers spot and perpetual trading with low swap fees and no price impact on trades. Let’s dive in fully to comprehend why these top crypto gainers are surging today.

Monero is a privacy-focused cryptocurrency that was created as a fork of Bytecoin. It is fully open-source and maintained by a volunteer community. The network conceals transaction details, including the sender, recipient, and amount, making it highly secure and private by design.

The XMR token utilises technologies such as stealth addresses and ring signatures to ensure anonymity. This enhances its fungibility, meaning all coins are treated equally and can’t be blocked. It operates on a proof-of-work system and is optimised for mining with consumer-grade hardware, supporting decentralisation.

Monero (XMR) is doing well today, up 2.53% to $334.78. In the last 30 days, it gained 12.25%. It is trading above its 200-day moving average, a good sign for buyers. Monero had 18 green days in the past month, or 60% of the time. Its price moved between $323.01 and $336.80 in the last 24 hours. This shows steady strength in the privacy coin market.

The sixth episode of the Monero Monthly has been released! https://t.co/8JwKHVWeim

— Monero (XMR) (@monero) June 4, 2025

Monero has shared its sixth Monero Monthly update, highlighting key progress. This includes more activity on RetoSwap, Cake Wallet adding PayJoin v2 for enhanced privacy, and a new Monero GUI update that allows users to set custom RPC ports. The Monero Research Lab also released a paper on improving privacy features.

This shows Monero’s focus on user privacy and ease of use. These updates strengthen its position as a top privacy coin. For users and investors, it signals an ongoing commitment to security and innovation in the crypto space.

Solayer (LAYER) is a decentralised protocol built on the Solana blockchain. It allows users to restake their SOL tokens, which helps increase the network’s security and improves its ability to handle more transactions. Restakers are allowed to reuse their token to support the network without locking up new funds.

The LAYER token rewards users who take part in restaking, encouraging more people to join and help secure the system. By boosting participation and network strength, Solayer supports Solana’s growth, aiming to make the blockchain safer, faster, and more scalable for everyone.

Solayer (LAYER) is holding firm today at $0.7519, up 1.63% in the last 24 hours. It’s trading near its cycle high, showing solid momentum. Over the past day, the price ranged between $0.7429 and $0.7664, signalling steady activity around this level.

congrats to Plume on launching mainnet 🪶

Solayer X Plume coming soon https://t.co/gEPmZpyKi1

— Solayer (@solayer_labs) June 5, 2025

Solayer Labs has launched the public InfiniSVM Devnet, marking a significant step toward its fast and scalable blockchain. Developers can now access RPC and API endpoints, use the LAYER faucet, explore tokens, and try a demo decentralised exchange for trading.

This launch shows Solayer’s focus on solving blockchain speed and scalability issues. Utilising advanced technology, it aims to handle over a million transactions per second with minimal delays. The Devnet provides developers with the opportunity to build and test apps on this powerful platform.

SUBBD is an AI-powered platform revolutionising content monetisation in the creator-subscriber economy. Combining AI tools and Web3 enables creators to manage and monetise content, efficiently cutting out middlemen. With features like AI live streams, voice generators, and a 24/7 personal assistant, SUBBD offers a decentralised alternative to platforms like OnlyFans.

The $SUBBD token powers the platform, enabling access to content, offering tips, and facilitating creator requests. Currently in presale at $0.0556, with over $625,000 raised, the token provides exclusive perks, VIP access, and a 20% annual return through staking. Ten per cent of the total supply is allocated for airdrops and rewards.

Build your dream girl from the ground up. 🛠️

Visualize it. Create it. Monetize it.

Your custom creator is waiting, and she’s ready to go viral.

♥️ Powered by $SUBBD pic.twitter.com/0XEacqumB5

— SUBBD (@SUBBDofficial) June 5, 2025

It has also been featured on major cryptocurrency platforms, including Cryptonomist, Coinspeaker, Bitcoinist, 99Bitcoins, and TradingView via NewsBTC, highlighting its growing presence in the AI and Web3. With its increasing influence, $SUBBD is gaining rapid traction. The launch of the AI Personal Assistant further strengthens its position, offering creators continuous fan engagement and support. As AI and Web3 redefine digital content, $SUBBD shapes the future of creator income.

Visit SUBBD Presale

Velo is building a decentralised settlement network designed to enable its Trusted Partners to transfer value securely and quickly. The platform prioritises transparency and efficiency to facilitate seamless transactions between partners.

By leveraging blockchain technology, Velo aims to reduce friction in cross-border payments and enhance trust among participants. This approach helps create a more reliable and accessible financial network for its users.

Velo (VELO) is priced at $0.0131 today, rising 3.17% in the last 24 hours. It’s trading above the 200-day simple moving average, signalling strength. In the past 30 days, it has had 15 green days (50%). The 24-hour price range is tight, between $0.0126 and $0.0131.

Velo's PayFi Ecosystem connects real-time blockchain infrastructure with licensed financial networks to enable scalable, compliant payments.

✅ Infrastructure Layer with Multi-Chain Support for high-speed, high-volume transactions.
✅ Orbit Protocol powers multi-chain… pic.twitter.com/2daBYb4NyB

— Velo Official (@veloprotocol) June 5, 2025

Velo Protocol has launched its PayFi Ecosystem, connecting real-time blockchain infrastructure with licensed financial networks to enable scalable and compliant payments. This effort bridges traditional finance and decentralised systems to facilitate smoother and more secure transactions.

This move by Velo, one of today’s top crypto gainers, highlights it’s goal to improve financial access and inclusion. By linking blockchain with existing financial networks, Velo offers efficient and compliant payment solutions, strengthening its role in the Web 3.0+ financial space.

GMX is a decentralised exchange that offers spot and perpetual trading with low swap fees and no price impact on trades. Its unique multi-asset liquidity pool supports trading while allowing liquidity providers to earn fees from market-making, swaps, and leverage trading.

The GMX token serves as both a utility and governance token for the platform. Holding GMX grants users access to various benefits, including participation in decision-making and fee rewards.

GMX is trading at $16.05 today, up 3.31% in the last 24 hours and 9.26% in the previous 7 days. The token has shown solid momentum, with 17 green days over the past month (57%). In the last 24 hours, GMX has ranged between $15.41 and $16.33.

Introducing: GMX Express. A major upgrade to the onchain trading experience, now live on @Arbitrum and @Avax.

GMX Express delivers a faster, more reliable, and frictionless way to trade — even during periods of high network congestion. Here’s all that it offers users 👇

1/7 🧵 pic.twitter.com/JQ1WSyeLwS

— GMX 🫐 (@GMX_IO) June 2, 2025

GMX has introduced “GMX Express,” a faster, more reliable method for trading on its platform. Designed to maintain high performance even during network congestion, this update enhances trade execution speed and reduces delays for users.

What this means is that GMX is tackling one of DeFi’s most significant pain points—slow or failed trades during peak congestion. For users, it translates to a smoother experience, while for traders and liquidity providers, it boosts confidence in the platform’s reliability. In turn, this could deepen market participation and attract more activity to the GMX ecosystem.