The altcoin market saw explosive movement over the past 24 hours, led by Tensora (TORA), Clearpool (CPOOL), and Palu (PALU), three tokens capturing trader attention through new listings, ecosystem hype, and AI-related momentum. Tensora soared 161%, Clearpool climbed 42%, and Palu jumped 61%, marking one of the strongest single-day runs in weeks, according to data from CoinMarketCap.
Tensora Skyrockets on BSC Mainnet Launch and AI Buzz
Tensora (TORA), a decentralized AI rollup protocol that rewards users for compute contributions, officially launched on BSC Mainnet on October 20. The token’s rapid ascent, up 161% in 24 hours and 1,604% over the week, stems from growing comparisons to Bittensor (TAO), one of the leading AI-linked cryptocurrencies. Influencer endorsements, including from AltCryptoWhale, helped amplify the rally.
Despite its meteoric rise, analysts caution that Tensora’s low market cap of just $5 million makes it vulnerable to sharp corrections. Traders are watching for its CoinGecko listing (under “TensoraL2”) as a potential next catalyst.
Clearpool Gains Institutional Momentum After Upbit Listing
Clearpool (CPOOL) surged 42% following news of its Upbit exchange listing and the launch of PayFi credit pools, which enable stablecoin-settled lending between institutions. The protocol, known for offering unsecured credit to trading firms, has already issued over $200 million in loans to names like Jane Street.
Market analysts say Clearpool’s success reflects the expanding real-world asset (RWA) trend, where tokenized credit and stablecoin yield products merge traditional finance with DeFi. The upcoming rollout of cpUSD, Clearpool’s yield-bearing stablecoin, could further boost institutional demand.
Palu Rides CZ Meme Wave Amid BNB Chain Frenzy
Meme-driven Palu (PALU) posted a 60% jump, fueled by a tweet from former Binance CEO Changpeng Zhao (CZ). Top wallets increased holdings by 31% within a single day, reflecting renewed enthusiasm in the BNB Chain meme ecosystem. Palu’s 33,000% gain in the past month underscores the speculative nature of this rally.
While traders describe the surge as part of “BNB meme szn,” analysts warn of volatility as whale wallets rotate profits across trending tokens.
