Which sectors led market rotation?

TLDR

Crypto rotation this week favored DePIN and Gaming, with both posting the strongest sector gains.

1. DePIN and Gaming led with 13.1% and 12.6% weekly gains per a sector recap.
2. Solana Ecosystem outperformed, while L2s and Lending lagged, per a weekly index update.
3. Meme coins (BONK, PEPE, SHIB) showed a short burst of leadership, per a market note.

Deep Dive

1. DePIN and Gaming

The strongest rotation landed in real-world infrastructure (DePIN) and Gaming.

• DePIN and Gaming topped weekly sector gains at 13.1% and 12.6%, respectively, with leaders including FIL and RNDR for DePIN and IMX for Gaming, per the sector recap.
• The same report noted mixed breadth elsewhere, underscoring a selective risk-on shift rather than broad-based beta.

2. Solana Ecosystem vs L2s/Lending

Solana-linked names led while L2s and Lending sectors underperformed.

• Solana Ecosystem posted +4.4%, with DEXs and Perps also up; L2s fell -8.27% and Lending -6.82%, per the weekly index update.
• Institutional flows echoed this tilt: XRP and Solana ETPs saw inflows while Bitcoin and Ether products saw outflows, signaling selective rotation, per an ETF flows summary.

3. Meme Coins Burst

Meme coins staged a brief leadership burst as risk appetite perked up.

• BONK surged ~40% daily and over 60% weekly; PEPE climbed over 66% weekly; SHIB gained 21% weekly, per the market note.
• The piece also flagged that memes remain down versus BTC on longer horizons, highlighting the need for confirmation beyond short-term spikes.

Conclusion

This weeks rotation concentrated in DePIN, Gaming, and Solana-linked sectors, while L2s and Lending lagged. Institutional flow data points to selective alt exposure (XRP, SOL) over broad beta, and meme coins showed a short, high-beta burst. If momentum holds, expect leadership to remain narrow and narrative-driven; monitor follow-through, ETF flows, and breadth to validate persistence.