Market Overview
The cryptocurrency market witnessed notable upward momentum in the past 24 hours, with several major assets posting significant gains. Bitcoin (BTC) continued its rally, climbing 3.7% to trade at $115,735, strengthening its market capitalization to $2.3 trillion.
The leading cryptocurrency maintained steady hourly growth of 0.2%, reinforcing investor confidence amid sustained buying activity.
Ethereum (ETH) followed suit, advancing 7.4% in the same period to reach $4,234.81. Its weekly growth of 4.6% highlights renewed optimism across decentralized finance and smart contract platforms. The coin’s trading volume crossed $32 billion, underscoring increased participation from institutional and retail traders alike.
Significantly, XRP also attracted attention after recording a 1.2% rise in the past day and 8.3% over the week, pushing its price to $2.65. Market analysts linked XRP’s rise to continued optimism surrounding ongoing adoption discussions and potential regulatory clarity.
The asset’s market capitalization surged to $158.9 billion, ranking it among the strongest weekly performers in the top ten.
Altcoins Register Moderate Gains as Market Sentiment Strengthens
Beyond the leading assets, Solana (SOL) posted a 5.4% increase over the last 24 hours, pushing its price to $204.45. The blockchain network’s sustained growth momentum was supported by over $6 billion in trading volume. BNB also saw a modest gain of 2.6%, trading at $1,148.41, reflecting consistent investor interest in the Binance ecosystem.
Cardano (ADA) rose 4.9% to $0.6855, while Dogecoin (DOGE) gained 5.9% to trade at $0.2077, benefiting from renewed retail demand. TRON (TRX) and Lido Staked Ether (STETH) recorded respective increases of 1.9% and 7.4%, signaling a broadly positive market atmosphere.
Meanwhile, emerging tokens dominated the list of top gainers. PayAI Network (PAYAI) led with a sharp 93.9% surge to $0.05424, driven by a surge in trading activity worth $29.7 million. DIA jumped 66.8% to $0.709, while Vana (VANA) advanced 32.1% to $3.51. These performances underline growing interest in innovative blockchain projects with expanding ecosystems.
Market Outlook
As Bitcoin and Ethereum maintain their bullish trajectories, market watchers anticipate continued volatility and opportunities in the coming days.