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Solana and XRP Lead Crypto Rally with 10% Gains

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Solana And Xrp Lead Crypto Rally With 10% Gains

Solana and XRP Post Impressive 10% Gains in 24 Hours

Solana and XRP– In the first days of the new year, several major cryptocurrencies, including Solana (SOL) and XRP, have seen impressive gains. Both assets have surged by at least 10% in the last 24 hours, alongside Bitcoin and Dogecoin reaching weekly highs.

Solana’s Strong Performance

Solana (SOL) is up 10% in the last day, reaching a current price of $209. This marks the highest price for SOL since December 19. Although Solana hit a record high of over $263 in November, the token had dipped to $176 on December 20. Despite some volatility, the current uptrend is a positive sign for the asset.

XRP Gains Momentum

Ripple’s XRP has also experienced significant growth, climbing 11% to $2.41 at the time of writing. Earlier on Thursday, XRP touched $2.44—its highest point since December 18. While XRP reached a seven-year high of $2.82 in early December, it has seen some volatility, dipping as low as $1.98 on a few occasions. However, the latest rise shows strong recovery momentum.

Other Altcoins See Double-Digit Gains

Several other altcoins are experiencing similar growth, including Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), and Stellar (XLM). These altcoins have all recorded double-digit percentage gains, reinforcing the broader bullish sentiment in the market.

Bitcoin and Dogecoin Set Weekly Highs

Bitcoin (BTC) has also made strides, crossing the $97,000 mark on Thursday, a level not seen in over a week. The cryptocurrency is up 3.5% on the day, further driving growth in the overall market. Dogecoin (DOGE) has also risen, reaching a weekly high of $0.34, reflecting a more than 7% increase in the last 24 hours.

Fartcoin Surges to New Heights

Among meme coins, Fartcoin (FARTCOIN) is having the best day. It spiked an impressive 47% in the last 24 hours, reaching a new all-time high of $1.45 before settling at $1.40.

The latest price movements highlight an optimistic start to the new year for the cryptocurrency market, with notable altcoins seeing strong growth.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

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Written by
sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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