Solana up, Cardano down as market stabilises BusinessCloud

FinTech

The cryptocurrency market held relatively steady in the last 24 hours following the turbulence of the last few weeks.

Solana, which fell from $191 on Friday to below $162 yesterday morning, was back up to $167 at the time of writing (7am UK) thanks to a 4% climb.

Its SOL token – linked to an open-source project designed to facilitate the creation of decentralised apps – is closing again on XRP in the valuation table by market cap, yet is 9% down over seven days thanks to record highs last week.

Ripple’s coin remains at $1.07 after barely moving but is 22% down on its price last Tuesday after also enjoying a huge spike more than a week ago.


Cardano (ADA), the third most valuable crypto, is at $2.39 after shedding 3% in the last 24 hours. The proof-of-stake blockchain platform is 15% down in a week.

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Polkadot (DOT), the only coin in the top 10 cryptocurrencies to gain value over the weekend, rose slightly to remain just below $36. The proof-of-stake crypto is 1% up in a week.

Market leader Bitcoin (BTC) is back above $45,000 after a 1% increase yet is 14% down over seven days.

Smart contract blockchain platform Ethereum, whose ETH token is the world’s second most valuable crypto, held steady just below $3,300. It is 16% down over seven days.

Also barely budging was Binance Coin (BNB), which remained around $400 after a $28 drop from Friday to Monday morning. It is 19% down over seven days.

Meme coin Dogecoin (DOGE) dropped further away from 24c with a 2% fall and is 23% down on its price last Tuesday.

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The biggest winners were Mina (MINA), Synthetix (SNX) and Telcoin (TEL), which all gained around 18% in the last 24 hours.

Harmony (ONE) fared the worst among the top 100 coins, shedding 10%.

The cryptocurrency market is at $2.06 trillion, with the almost 11,900 coins gaining 1% value in the last 24 hours.

To see how the valuations of the biggest movers and shakers – and main coins – have changed over the last few days, click here.

For valuations of the top 250 coins by market cap (updated every 15 minutes), their market cap plus 24-hour price change and volume traded, see below. 


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