Bitcoin (BTC) Steadies at $120K as XRP (XRP), Dogecoin (DOGE) Lead Gains in Altcoin Market Shake-Up

HOPR, DegeCoin, and Blackhole Experience Significant Daily Gains.
Altcoins are on the rise as smaller tokens attract increased trading activity, signaling a shift in market momentum towards these lesser-known coins amidst growing investor interest.

Bitcoin (BTC) has maintained a strong market presence, holding above $120,000 with a 1.7 percent increase over the last 24 hours. The leading cryptocurrency also posted a modest 2.1 percent gain over the past week, with daily trading volume exceeding $52 billion and a market capitalization of $2.39 trillion.

Ethereum (ETH) recorded a notable upswing, rising by 8.3 percent in the past 24 hours to reach $3,651.48. The second-largest cryptocurrency by market capitalization has climbed 21.4 percent over the past seven days, solidifying its position with a market cap exceeding $440 billion.

XRP (XRP) demonstrated a sharp price increase, surging 13.3 percent in 24 hours to $3.58. It led major altcoin performers with a weekly gain of 38.2 percent. The coin attracted substantial market activity, generating $16.6 billion in volume and pushing its market cap to $212 billion.

Dogecoin (DOGE) and Cardano (ADA) Surge as Altcoin Momentum Builds.

Dogecoin (DOGE) experienced a double-digit rally, jumping 15.2 percent over the last day to $0.2436. The meme-inspired token gained 22.3 percent in seven days, supported by trading volume topping $15 billion and a market cap of $36.5 billion.

Cardano (ADA) saw renewed interest, rising 12.6 percent in the last 24 hours. It climbed to $0.8679 and recorded a 24.6 percent weekly gain. The asset’s market capitalization now stands at $31.3 billion, following trading activity of over $3.1 billion.

Solana (SOL) also made significant gains, appreciating 6.3 percent in 24 hours and trading at $182.90. The Ethereum competitor has climbed 10.5 percent this week, solidifying its position among the top-performing assets.

BNB (BNB) advanced 5.1 percent within the last 24 hours to reach $747.44. It recorded a weekly rise of 7.7 percent, while daily trading volume surpassed $2.7 billion.

Lido Staked Ether (STETH) closely mirrored Ethereum (ETH)'s performance, rising 8.2 percent in 24 hours to $3,644.59. It gained 21.3 percent this week with a market cap of $33.2 billion.

TRON (TRX) gained 6.8 percent over the past day, climbing to $0.3314. Its market cap edged past $31 billion, with trading volume nearing $4.5 billion.

HOPR, DegeCoin, Blackhole Lead Top Gainers

Lower-cap cryptocurrencies experienced extraordinary intraday rallies. HOPR (HOPR) led with a 114.8 percent increase to $0.0801, followed closely by DegeCoin ($DEGE) which jumped 114.1 percent to $0.03649.

Tharwa (TRWA) gained 93.1 percent to trade at $0.004622, while Blackhole (BLACK) surged 91.6 percent to $1.12. Caldera (ERA) jumped 77 percent with volume topping $1.4 billion.

Assemble AI (ASM), Tokenize Xchange (TKX), and The Innovation Game (TIG) also posted strong gains ranging between 50 and 64 percent, adding momentum to the altcoin sector’s bullish performance.

Conclusion

The cryptocurrency market demonstrated broad-based strength across major and mid-tier assets. Bitcoin’s (BTC) consolidation above $120,000 and rising activity in altcoins suggest continued investor interest. Top gainers from the lower market cap spectrum demonstrated increased speculative appetite.