- Both tokens saw rising volume-to-market cap ratios, signaling resilient investor confidence and consistent daily demand.
- Opium surged over 17% despite under $100 in daily volume, proving that low-float assets remain highly reactive to modest buys.
- A high volume-to-market cap ratio of 12.7% suggests short-term traders are driving price swings, creating volatility without long-term support.
Top tokens under the Binance DeFi Composite Index showed active trading on June 3, with varied performance across market caps. High-cap tokens like XRP and Cardano posted solid gains backed by increased trading volume, while mid- and micro-cap projects like Agenda 47 and Opium experienced more volatile shifts.
The combined market behavior reflected investor interest across decentralized finance assets, particularly in tokens with strong ecosystem utility or emerging traction. Rising volume-to-market cap ratios in some cases indicated sharper speculative activity, especially among lower market capitalization assets.
XRP(XRP): Records Steady Climb with $2.45B in Daily Volume
In the last 24 hours, XRP rose by 4.28% to trade at $2.26 and its total value rose to $133.01 billion. The token saw its daily volume double to $2.45 billion which was an increase of 19.33%. The token’s daily volume surged to $2.45 billion, representing a 19.33% increase. This pushed its volume-to-market cap ratio to 1.85%, indicating strong liquidity and market engagement.
Source: CoinMarketcap
The price chart showed a steady upward trajectory from an intraday base of $2.1689 to a late-session peak near $2.27. XRP’s circulating supply stands at 58.75 billion out of a maximum of 100 billion tokens. This performance points to active trading supported by ongoing recovery above key resistance levels.
Cardano(ADA): Maintains Uptrend with Robust Liquidity Support
Cardano (ADA) went up 1.72% in price over the past day and is now valued at $0.6885. The market cap increased to $24.33 billion and the 24-hour trading volume was up to $565.05 million which is a rise of 5.75%. ADA’s volume-to-market cap ratio settled at 2.32%, suggesting consistent liquidity.
Source: CoinMarketCap
With 35.33 billion tokens in circulation out of a 45 billion max supply, Cardano showed resilience during intraday volatility. The chart displayed a notable early morning spike above $0.70, followed by minor pullbacks and subsequent recoveries, reflecting steady buying interest throughout the day.
Agenda 47(A47): Slips Despite High Trade Volume Relative to Market Cap
Agenda 47 (A47) declined 2.70% in the past 24 hours, trading at $0.01750 with a market cap of $17.5 million. Trading volume dropped to $2.22 million, down 13.57%, although its volume-to-market cap ratio stood high at 12.7%. This elevated ratio pointed to short-term speculation despite the price downturn.
Source : CoinMarketcap
The token’s full supply of 999.99 million is entirely in circulation. The price reached an intraday high above $0.0182 before sliding in the latter half of the day. The late-session selloff outweighed early momentum, leading to a weaker close amid profit-taking pressure.
Opium(OPIUM): Rallies 17% as Traders Eye Micro-Cap Movement
Opium (OPIUM) posted the highest daily gain among the featured tokens, rising 17.20% to $0.03475. The token’s market cap climbed to $144.61K, with daily volume increasing by 4.12% to just under $100. Despite the rise, its volume-to-market cap ratio remained low at 0.06881%, signaling minimal trading activity.
Source: CoinMarketcap
Out of a 100 million total supply, only 4.16 million tokens are in circulation. The price jumped from an early low of $0.0296 and maintained a stable level above $0.034 after midday. The abrupt upward movement suggests interest in smaller, low-float assets with price sensitivity to modest demand spikes.
Market Overview Reflects Mixed Sentiment Across DeFi Picks
The broader trading patterns across these tokens indicate mixed sentiment. High-cap tokens showed strength through stable volume and clear uptrends, while micro-cap tokens displayed larger percentage swings but weaker liquidity.
These price dynamics continue to shape short-term trading strategies under the Binance DeFi Composite Index, with investors shifting attention based on liquidity depth, momentum patterns, and market responsiveness.
