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Ethereum grew by 25% over the week

10:33 am, May 27, 2024

Over the past 7 days, the cryptocurrency market has shown little fluctuation, which cannot be said about the main altcoin. Ethereum showed the largest growth among the top 5, with tokens rising in price by 24.9%.

At the time of writing, the value of ETH is $ 3906. The market capitalization of the digital asset is now $ 468 billion, and the trading volume over the past day is $ 16.5 billion. This significant growth is attributed to a number of positive news, including the approval of the listing of Ethereum ETH spot.

As for bitcoin, the market leader continues to hold a leading position with a price of $ 68,531. The BTC exchange rate grew by only 2% over the week and dropped by 1% per day. The market capitalization of the digital coin is $ 1.35 trillion, and the trading volume over the past 24 hours has reached $ 14.8 billion.

Cryptocurrency BNB(Binance Coin) rose by 4.2% over the week and reached a price value of $ 603. The asset’s market capitalization is $ 92.7 billion, and traders have secured $ 556 billion worth of transactions with the coin over the past 24 hours. The increase in the value of BNB is attributed to the growth of activity on the Binance platform and new initiatives of the exchange.

Interestingly, Solana (SOL) dropped by 6.1% over the week, settling at $ 165. Its total supply is $ 73.9 billion and trading volume is $ 2.58 billion over the past 24 hours. Developers continue to attract the attention of users due to the high transaction speed and active development of the ecosystem.

Some altcoins have demonstrated even higher growth rates than ETH. Thus, the Ethereum Name Service (ENS) token returned to the top 100, adding 89% in price over the week. The value of Pepe (PEPE) reached its record high this week, increasing by 72.1% in 7 days.

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BTC

$56,457.80

-2.47%

ETH

$2,981.34

-4.50%

BNB

$497.41

-4.26%

XRP

$0.43

-3.31%

SOL

$135.89

1.15%

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