ADA, SOL, And MATIC All Up As Market Takes A Breath Of Relief

  • Crypto prices are once again showing signs of life.
  • ADA, SOL, and MATIC are all up by more than 4% over the last day.
  • XRP is taking longer to show signs of recovery as the market somewhat recovers.

The market is finally taking a breath of relief as the crypto prices are once again showing signs of life. The crypto market tracking website CoinMarketCap indicates that the global market cap is currently up by 1.95% to stand at about $945.33 billion. Things are also looking better for various altcoins like Cardano (ADA), Solana (SOL), and Polygon (MATIC).

Cardano / Tether US 1D (Source: TradingView)

ADA is currently worth about $0.3184 after a more than 4% price increase over the last day. The altcoin is, however, still down by more than 6% over the last week. ADA’s 24 hour trading volume is in the green zone and stands at $504,742,761 after a 3.71% increase since yesterday.

SOL / Tether US 1D (Source: TradingView)

Things are also looking much better for SOL at the moment as the altcoin is turning heads with its 7+% price increase over the last day. The crypto was also able to reach a high of $18.85 over the same time period. At the moment, SOL is trading hands at the price of $17.90.

MATIC Network / Tether US 1D (Source: TradingView)

Also in the green for today is MATIC. The altcoin is currently trading at $1.05 after a 5.99% price increase over the last 24 hours. Despite its successful performance over the last day, MATIC is still down by more than 9% over the last seven days.

XRP / Tether US 1D (Source: TradingView)

Progress for XRP is going a bit slower than the rest of the top 10 biggest cryptos as the altcoin was still in the red earlier this morning. However, XRP is currently worth about $0.3699 after a 0.32% increase in price.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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