Today’s crypto prices: Bitcoin at $69.6K and Solana up 5.82%
The cryptocurrency market sees a mix of gains and small declines among major digital assets as of July 29, 2024. Here is a detailed analysis of the top 10 cryptocurrencies by market capitalization, outlining their prices, percentage changes, and market dynamics.
1. Bitcoin (BTC)
Price: $69,659.15
24-Hour Change: +3.33%
24-Hour Trading Volume: $21.19B
Market Cap: $1.37T
Category: Currency
Bitcoin has continued upwards, and the last 24 hours increased by 3.33% against the value on CoinMarketCap of $69,659.15, with quite a decent trading volume of $21.19 billion. Given such an impressive performance, growing non-stop, Bitcoin increased its market capitalization to $1.37 trillion, strengthening further in position with regards to its unquestionable dominance in the industry.
2. Ethereum (ETH)
Price: $3,355.16
24-Hour Change: +4.41%
24-Hour Trading Volume: $9.41B
Market Cap: $403.44B
Category: Smart Contract Platform
It has further increased by 4.41% within the last 24 hours to trade at $3,355.16, with a 24-hour volume of $9.41 billion over a market capitalization of $403.44 billion. One major element that has been feeding Ethereum’s further performance is its leading smart contract functionality backed by a sizeable developer community.
3. Solana (SOL)
Price: $193.36
24-Hour Change: +5.82%
24-Hour Trading Volume: $1.93B
Market Cap: $89.49B
Category: Smart Contract Platform
Solana made a huge jump of 5.82 percent, pushing the price up to $193.36. This places it at $1.93 billion if considered by trading volume and $89.49 billion if considered by market capitalization. Moreover, it attests to the very high speed of transactions and scalable blockchain infrastructure that Solana has.
4. Binance Coin (BNB)
Price: $592.92
24-Hour Change: +2.54%
24-Hour Trading Volume: $525.98M
Market Cap: $86.50B
Category: Smart Contract Platform
The native token of Binance, BNB, changed 2.54% and traded at $592.92. Its trading volume within the last 24 hours was $525.98 million, with a market cap of $86.50 billion. Its use cases within the Binance ecosystem remain broad.
5. XRP (XRP)
Price: $0.60707209
24-Hour Change: +0.58%
24-Hour Trading Volume: $662.28M
Market Cap: $33.81B
Category: Currency
XRP rose 0.58% to $0.60707209, with a trading volume of $662.28 million over the last 24 hours and a market cap of $33.81 billion; it continues to play a very key role in cross-border payment settlements and remittances.
6. Dogecoin (DOGE)
Price: $0.13439551
24-Hour Change: +3.88%
24-Hour Trading Volume: $960.06M
Market Cap: $19.53B
Category: Currency
Dogecoin is up 3.88% and trading at $0.13439551 against its $19.53 billion market capitalization, with a trading volume of $960.06 million. Dogecoin enjoyed continuous popularity from its robust community and high-profile endorsements.
7. Toncoin (TON)
Price: $6.78
24-Hour Change: +3.45%
24-Hour Trading Volume: $269.81M
Market Cap: $16.68B
Category: Smart Contract Platform
The toncoin price rallied and the closing price was $6.78 at the end of the market-holidays. During Friday’s trading the turnover was $269.81 million and the market capitalization was at $16.68 billion. Its special approach to utilize of blockchain technology and smart contracts is a centerpiece in the toncoin diffusion.
8. Cardano (ADA)
Price: $0.42368555
24-Hour Change: +2.75%
24-Hour Trading Volume: $353.87M
Market Cap: $15.08B
Category: Smart Contract Platform
Cardano is up by 2.75 percent, with the present price remaining at $0.42368555. ADA is traded with a volume of 353.87 million dollars and a market capitalization of 15.08 billion dollars. Cardano has continually been the face of the coin market thanks to the research and technological development of the company along with the transparently secure and scalable smart contracts.
9. Tron (TRX)
Price: $0.13873021
24-Hour Change: +1.29%
24-Hour Trading Volume: $352.33M
Market Cap: $12.09B
Category: Smart Contract Platform
Tron has won 1.29% at $0.13873021. It has a trading volume of $352.33 million over the last 24 hours, while it boasts a market cap of $12.09 billion. Tron’s user growth has been consistently strong, which has been the main driver of its growth, and the main reason is its main focus on the democratization of content and entertainment.
10. Avalanche (AVAX)
Price: $28.50
24-Hour Change: +3.41%
24-Hour Trading Volume: $264.63M
Market Cap: $11.25B
Category: Smart Contract Platform
The price of Avalanche increased by 3.41% and it is now going for $28.50. The trade volume is now at $264.63 million. Consequently, the total market capitalization would be $11.25 billion. Fast transactions and the efficient consensus mechanism are the strong points of Avalanche, which in turn attracts developers to work on it.
Conclusion
This 29th day of July 2024, the crypto market took on a new sense of optimism, as a mix of good trends and stability was noted in the major digital assets. In addition to Bitcoin and Ethereum’s uninterrupted growth, stablecoins such as Tether and USD Coin maintained their equivalency to the US dollar. There were some altcoins, e.g. Bitcoin, Cardano, and Avalanche, among others, that also grew very strongly, which was a reflection of the general innovativeness and adaptation of the crypto space. The market continues to surprise and bring excitement to investors and crypto enthusiasts as well as to the development!
