Solana (SOL) jumps more than 15% in seven days; Bitcoin (BTC) and Ethereum (ETH) trade slightly higher

Charlie Taylor

This Wednesday (2) marks a second day in a row in which (almost) all the members of the top 20 of the largest cryptocurrencies by market cap show growth, according to data from CoinGecko. The exception is Shiba Inu (SHIB), which at the time of writing this report was down 0.1%. Bitcoin (BTC) operates at a high of […]

Solana (SOL) post jumps more than 15% in seven days; Bitcoin (BTC) and Ethereum (ETH) operate slightly higher appeared first on Portal do Bitcoin.

This Wednesday (2) marks a second day in a row in which (almost) all the members of the top 20 of the largest cryptocurrencies by market cap show growth, according to data from CoinGecko. The exception is Shiba Inu (SHIB), which at the time of writing this report was down 0.1%.

Bitcoin (BTC) trades up 0.9% and sells at $38,550. The Bitcoin Price Index (IPB) registers BRL 204,426.

The largest cryptocurrency even surpassed the $39,000 barrier in the last 24 hours, but retreated. Its market cap is US$730 billion and the volume traded on the last day was nearly US$16 billion.

Its dominance of the crypto market is 39.3%.

Much of the dominant group is growing, but at a low or even lateralized pace (less than 1%).

Solana in full recovery

In this scenario, Solana (SOL) stands out, which has appreciated by 4.4% and is sold at US$ 110.

Two news helped the token to stand out: the project that is developing Phantom, Solana's wallet for Web3, managed to raise US$ 109 million; and the fact that Coinbase, the main exchange in the United States, has listed ORCA and IFAD, tokens that were developed with Solana as a fundamental layer.

In the accumulated of seven days, Solana has high of 15.9% and seeks to leave in the past the technical problems due to excess traffic, which left the network slow.

Ethereum consolidates climb

Ethereum (ETH) is up 1.4%, selling at $2,778. But this follows on from having jumped 8% on Tuesday (1st).

The result is a strong rally for the second-highest market cap cryptocurrency: the cumulative seven is up 12.5%.

The market cap is $331 billion and the volume traded in the last 24 hours is $11.2 billion. Its dominance in the crypto market stands at 17.8%.

Highs in the market

They trade higher on Binance Coin (+0.5%), Cardano (+2.1%), XRP (1.6%), Polkadot (+5%), Earth (+1.5%), Dogecoin (+1 .9%) and Avalanche (+3.8%).

Solana (SOL) post jumps more than 15% in seven days; Bitcoin (BTC) and Ethereum (ETH) operate slightly higher appeared first on Portal do Bitcoin.

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