Solana plunged by 8% over the week

Over the past seven days, the crypto market has shown mixed dynamics. Among the leading digital currencies, the most significant rate changes occurred for Solana SOL $156.61 Solana -0.71% Market capitalization $73.36 billion VOL. 24 hours $0.42 billion and Toncoin TON $1.19 Tokamak Network -0.24% Market capitalization $58.28 million VOL. 24 hours $26.35 million .

As for Solana (SOL), its rate has fallen by 7.94% over the past 7 days, making it one of the most affected among the top cryptocurrencies. The current price of the asset is $ 147.14, which is $ 111.28 below its historical high. Nevertheless, over the past 24 hours, SOL has shown a slight increase of 2.34%, which indicates a possible recovery in quotes. Trading volumes for the week amounted to $ 7.57 billion.

The virtual coin Toncoin (TON), on the other hand, showed an increase of 12.44% over the week, reaching a price of $ 7.85. This makes it one of the most successful cryptocurrencies during this period. Since the beginning of the year, Toncoin has increased in value by an impressive 246%, indicating a strong interest in the digital currency. The trading volume in 24 hours amounted to $ 273.65 million. During the week, the figure exceeded $ 1.84 billion. Recently, the cryptocurrency updated its historical high at around $ 8.23.

At the same time, Ethereum ETH $2,652.30 Bridged Ether (StarkGate) 0.23% Market capitalization $0.2 billion VOL. 24 hours $0.72 billion and Bitcoin BTC $63,966.50 Bitcoin -1.03% Market capitalization $1.26 trillion VOL. 24 hours $1.75 billion showed moderate changes. The price of Ethereum has risen by 0.9% over the past 24 hours, but has dropped by 2.76% over the week, which may indicate temporary market adjustments. The current price of ETH is $ 3590. Trading volumes over the past 7 days amounted to $ 64.41 billion.

Bitcoin (BTC) also showed a slight decline over the week — by 4.31%. However, the price of the virtual coin remains relatively stable at $ 66,200. Trading volumes for the week reached $ 85.7 billion, which confirms the status of the most liquid and popular cryptocurrency.

In addition, the Dogecoin meme-coin DOGE $0.12 Binance-Peg Dogecoin -3.84% Market capitalization $0.22 billion VOL. 24 hours $0.12 billion recorded a 7.21% decline in quotes over the past 7 days, dropping to $ 0.136. This may be due to a general decline in interest in meme cryptocurrencies in the current market volatility. Transaction volumes for the week amounted to $ 22.47 billion.