Top 3 Gainers Amid Rising Crypto Market Volatility
- Top crypto gainers of today are XRP, ALGO and ADA.
- In the last 24 hours, XRP has increased by 15.12% as per CMC.
Keeping up with the most recent trends and developments is crucial for investors looking to optimize their profits in the quick-paced and constantly-evolving world of cryptocurrencies. Ripple (XRP) Algorand (ALGO) and Cardano (ADA) are the top three gainers among cryptocurrencies today.
Top crypto gainers (source: CoinMarketCap)
Ripple (XRP)
XRP, the native token of Ripple’s XRPLedger, has experienced a huge price increase since Tuesday. As per reports, investors gambled on Ripple winning its ongoing legal battle with the US Securities and Exchange Commission, which led to XRP’s gains. (SEC). At the time of writing XRP is trading at $0.4514 with a 24-hour trading volume of $4,973,383,170. Also in the last 24 hours, XRP has increased by 15.12% as per CMC.
Algorand (ALGO)
Algorand (ALGO) is an open-source blockchain platform intended to let programmers build and maintain apps on its network. The native token of Algorand (ALGO), ALGO, is to compensate people for their involvement in the Algorand (ALGO) network. The current price of ALGO is $0.2329 with a 24-hour trading volume of $168,387,585. In the past 24 hours, ALGO has increased by 10.37% as per CoinMarketcap.
Cardano (ADA)
To effectively compete with proof-of-work (PoW) networks, Cardano is a cryptocurrency platform that uses proof-of-stake (PoS). Potentially fueling Cardano’s development is the recently released Dynamic P2P feature. Dynamic peer-to-peer (P2P) networking is a feature includes in the latest node version of the Cardano blockchain, which published in version 1.35.6.
Cardano (ADA), a highly adaptable proof-of-stake (PoS) Layer 1 blockchain system, is currently trading at $0.3741 and has significant upside potential. At the time of writing, it had increased by 10.25% as per CMC.
