# MAGIC Token Jumps 38.96% as Layer-2 and Modular Assets Lead

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29956
Published: 2026-10-12T00:20:33.000Z
Updated: 2026-10-12T00:20:33.000Z
Section: Investing

> MAGIC rose to $0.1359 as several layer-2 scaling and modular blockchain tokens posted gains above 20%.

MAGIC rose 38.96% to $0.1359 over 24 hours, leading gains among layer-2 scaling and modular blockchain assets as the broader crypto market traded mostly sideways Sunday evening in the U.S.

S gained 27.81%, while W advanced 24.26%. LUMIA rose 21.44%, PLUME added 21.21% and STRK climbed 20.52% during the same period.

Bitcoin (BTC) was up 0.82% and trading above $84,000. Ether (ETH) stood at $2,535, while BNB traded at $754 and SOL at $111.

Despite the strength in the featured sectors, total crypto market capitalization declined 0.3% to $2.894 trillion, highlighting the contrast between the sector-specific rally and the broader market’s limited movement.