Trending Coins for February 1, 2026: BTC, ETH, SOL, XRP, and LINK

This week’s list of trending coins features some of the most prominent assets in the crypto market. Bitcoin leads the list, while Ethereum rightly occupies the second position. Rounding out the top five are Solana, XRP, and Chainlink.

Bitcoin (BTC)

Major Bias: Bearish

Bitcoin, as the market’s primary indicator, continues to lead the broader crypto market into a downward retracement phase. The coin recorded an additional price decline of 6.36% over the past 24 hours. As of the time of writing, its market capitalization stood at $1.57 trillion, with a trading volume of $72.47 billion.

Over the past three sessions, price action on the BTC/USDT daily chart has continued to trend lower. Although the ongoing session shows limited deviation from the bearish path, price remains below the 9-day Exponential Moving Average (EMA). The Stochastic Relative Strength Index (SRSI) lines are in the oversold region and appear likely to linger there, which could allow price to slide toward the $76,000 level.

Current Price: $78,753

Market Capitalization: $1.57T

Trading Volume: $72.47B

24-hour Change: -6.36%

Ethereum (ETH)

Major Bias: Bearish

Next on the list of trending coins is Ethereum, which has recorded a price decline of 9.62% over the past 24 hours. The coin’s market capitalization stands at $294.19 billion, while trading volume is $49.29 billion.

The ETH/USDT market has remained in negative territory for four consecutive sessions, with bearish momentum intensifying over the past two sessions.

Price action continues to trade below the 9-day EMA, while the SRSI lines are still sinking deeper into the oversold region. As a result, the market appears positioned to continue declining toward the $2,400 level.

Current Price: $2,442

Market Capitalization: $294.19B

Trading Volume: $49.29B

24-hour Change: -9.62%

Solana (SOL)

Major Bias: Bearish

Third on the list of trending coins is Solana, which has suffered a price decline of 11.34%. The token’s market capitalization currently stands at $59.31 billion, with a trading volume of $9.61 billion.

On the daily chart, Solana has broken below its long-term support around the $130 level. Price action also remains beneath the 9-day EMA, while the SRSI lines are oriented toward deeper oversold territory.

However, the most recent price candle appears relatively small, suggesting some resistance to further bearish momentum. Still, the market may continue pushing toward the $100 level.

Current Price: $104.00

Market Capitalization: $59.31B

Trading Volume: $9.61B

24-hour Change: -11.34%

XRP

Major Bias: Bearish

XRP takes the fourth position on this week’s list of trending cryptocurrencies, recording a 4.83% decline over the past 24 hours. Trading volume stands at $6.61 billion, while market capitalization is $101.08 billion.

On the chart, the ongoing session shows only a marginal upside move, keeping price below the 9-day EMA.

Despite the weak recovery attempt, the SRSI lines are converging toward a potential bullish crossover. Traders may wait for confirmation through a completed crossover and a break above the 9-day EMA before considering a bullish move toward the $2.15 level.

Current Price: $1.663

Market Capitalization: $101.08B

Trading Volume: $6.61B

24-hour Change: -4.83%

Chainlink (LINK)

Major Bias: Bearish

Rounding out the list is Chainlink, which has posted a 7.03% price decline over the past 24 hours. The token’s market capitalization stands at $7.09 billion, while trading volume is $1.31 billion.

On the daily chart, the most recent price candle is green but has a very small body, indicating limited bullish impact. Trading remains below the 9-day EMA, as bearish pressure has dominated over the past four sessions. The SRSI lines have dropped into the oversold region and appear set to remain there, suggesting the market could continue declining toward the $9.00 support level.

Current Price: $10.02

Market Capitalization: $7.09B

Trading Volume: $1.31B

24-hour Change: -7.03%

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