Crypto Wallets are Turning Green: Boosters of the Day

• The crypto market shows positive performance with green alternatives.
• XDC exhibits fluctuating trends, and INJ and XRP demonstrate growth.

As the world increasingly recognizes the urgent need to transition towards more sustainable practices, the digital landscape is not far behind. Once criticized for their perceived environmental impact, cryptocurrencies are now witnessing a shift towards greener alternatives. 

This article explores three cryptocurrencies, Injective, XRP, and XDC, that are leading the way in environmental consciousness and making crypto wallets turn green.

Injective token Shines Bright

Injective Protocol is an innovative decentralized exchange (DEX) platform built on Ethereum that offers fast and secure trading. In terms of market performance, the INJ token has demonstrated a positive performance in the market, exhibiting a consistent upward trend over the past week. The analysis reveals that the token began the week at $6.37.

Based on recent data from Coinmarketcap, there has been a substantial upswing in the value of an INJ token. The token reached its highest point of $8.1685 yesterday, eventually stabilizing at its present price of $8.03. 

As the day unfolded, the INJ token found its equilibrium at its present value of $7.89, reflecting a steady hold on its worth. However, the token registered a slight downtick of 1.55% in its value throughout the day, culminating in a market capitalization of $631 million, a gentle decrease of 1.47%. Conversely, the trading volume for the token has observed a decline of 47.66%, reaching $47 million.

XRP Exhibits Strong Market Performance

XRP, the native cryptocurrency of the Ripple network, is also making strides toward environmental sustainability. In the past week, XRP has exhibited a positive trajectory in the market. It initiated the week valued at $0.47 and has since made a steady ascent, hitting significant highs of $0.5272 and $0.5299. This indicates a remarkable 10.68% increase over seven days.

In a subtle intraday uptick, Ripple’s XRP token has marked a 0.49% rise, bringing its valuation to $0.5204. In line with the token’s surge, the cryptocurrency’s market capitalization has also witnessed a moderate hike of 0.48%, reaching a significant $27 billion. However, in a contrasting trend, the total transaction value in the XRP ecosystem took a downward turn. Observably, it has shrunk by 19.44%, settling at a lower $807 million.

XDC’s Performance Analysis: Peaks, Dips, and Stabilization

XDC, or XinFin Network’s native token, is another cryptocurrency that prioritizes sustainability. XinFin aims to leverage blockchain technology to address global trade and financing challenges in a more environmentally friendly manner. 

Over the past week, XDC has shown significant momentum in terms of market performance. The price of XDC started the week at $0.03136 and experienced a substantial increase, reaching a high of $0.04146 on Thursday. This represents a notable 15.01% increase throughout the week. However, the token has since declined and stabilized at its current price of $0.0361, indicating a 1.26% decrease in the last 24 hours.

In addition, XDC’s market cap has experienced a slight decrement of 1.47%, reaching $498 million. The trading volume for XDC has also seen a decline of 37.63%, totaling $2 million. Overall, while XDC displayed significant upward movement during the week, it later experienced a minor decrease in price and a decline in market cap and trading volume.