Top Crypto Gainers Today, March 12 – River, Sky, Pi Network

Highlights:

• The river price has surged by 20% following the secondary-market payment of compensation to the eligible users.
• The positive trend in Sky has been fueled by governance proposals and strategic buyback adjustments.
• Pi Network rallies due to Kraken’s upcoming listings and Pi Day celebrations, boosting market activity.

Crypto prices have continued to fluctuate on Thursday amid economic uncertainty and ongoing geopolitical concerns. Bitcoin has climbed back above $70K, while major altcoins such as ETH, BNB, and SOL record modest gains. This has seen the overall market surge by 1% to $2.39 trillion. The 24-hour trading volume has, however, declined by over 5% to reach $98 billion. 

Despite the broad volatility, the fear and greed indicator has shifted to 27 levels, indicating a “fear” sentiment in the market. With the market sentiment improving, let’s take a look at the top crypto gainers today, such as River, Sky, and Pi Network.

Top Crypto Gainers to Purchase Today

1. RIVER

RIVER is leading the list of the top crypto gainers today, with a surge of 20% over the past 24 hours. The altcoin surged from lows of $13 and faced resistance at the $18.20 region, leading to a pullback. Currently, the price is hovering around $18.06, with a market capitalization of $354 million. 

The distribution of secondary-market compensation has ignited River’s price rally. This initiative reviewed 229 submissions. This compensation pool amounted to 20,000 staked RIVER and was distributed according to the net trading costs of River Pts between September 22 and November 9.

River Pts secondary-market compensation is distributed.

229 submissions were reviewed. Eligible addresses receive staked RIVER proportional to net trading cost during Sep 22 to Nov 9.

▸ Staked RIVER earns River Pts rewards
▸ Claim opens weekly on the River App

Your support… https://t.co/HR8RdVRCJr pic.twitter.com/XUD3dLP6oo

— River (@RiverdotInc) March 12, 2026

Staked RIVER was given to eligible users in proportion to verified trading losses. This distribution helps users to recover from their market activity. The allocation is automatic, and once it is disbursed, the staked RIVER begins earning rewards immediately. Moreover, it plays a role in governance participation and continues to earn weekly River points rewards.

2. SKY

The SKY price continues to extend its upward rally, pushing the monthly gains to over 15%. As of this writing, SKY is exchanging hands at around $0.0807. Its market capitalization has surged to $1.84 billion, despite the trading volume dropping to $30 billion.

The governance of Sky Protocol recently proposed an immediate change to enhance its capital foundation. This involves reducing programmatic SKY buybacks by 75 to 7.5% of net profits over a period of three months. The move will enhance capital efficiency in addition to aiding USDS, which recently exceeded a supply of $11 billion. The modified approach aims to contribute to maintaining the flexibility and strengthening the long-term Sky ecosystem.

Sky Protocol governance released a proposal to strengthen the protocol's capital foundation, with voting open until March 12, 4PM UTC.

A temporary buyback reallocation has been suggested to further strengthen USDS, which recently surpassed $11B in supply.

Here's what could… pic.twitter.com/Iwf6d7ufZ0

— Sky (@SkyEcosystem) March 10, 2026

Furthermore, staking rewards will not be changed in this period and will continue at the current rate funded by existing SKY reserves. After three months, the buyback allocation will be returned to the initial level, and the Sky Savings Rate will be recalibrated to 3.75%.

3. Pi Network (PI)

Pi Network has surged by over 70% on the monthly chart amid the broad market volatility. The altcoin has gained 6% over the last 24 hours, sending the price to $0.238. Additionally, the market capitalization and trading volume have climbed to $2.30 billion and $55 million, respectively. 

The price of PI is soaring after Kraken announced its plans to start listing the Pi Network token on March 13. This marks a milestone since Pi Network has been unable to secure major exchange listings since its mainnet debut last February. The Kraken listing, a major exchange with more than $1 billion in daily trading volume, brings Pi to a larger audience, particularly in the U.S. where it was not available before.

Coming soon: $PI@PiCoreTeam Pi Network is a mobile-first Layer-1 blockchain and developer platform enabling accessible crypto mining via smartphone, with a utility-based ecosystem on an identity-verified mainnet.

Trading starts March 13

Get ready → https://t.co/47fNCUnRqD pic.twitter.com/nPmrRElAPW

— Kraken Listings (@krakenlistings) March 12, 2026

The move may establish a precedent for other exchanges listing Pi in the near future, increasing its market share. Meanwhile, Pi Day on the 14th of March will probably result in increased trading, making it a crucial period for the token.