24-Hour Crypto Boom: Bitcoin, Ethereum, Solana Lead Explosive Rally
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The cryptocurrency market witnessed a powerful rally in the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) driving the momentum. Bitcoin surged 3.5 percent to reach $105,428, with trading volume exceeding $50.9 billion. This gain not only reinforced investor confidence but also fueled a ripple effect across major altcoins.
Ethereum rose 7.4 percent to $2,419.33 as the great upward trend continued, with the increasing volume exceeding $26.2 billion. Lido-staked Ether (STETH), which monitors ETH’s performance, recorded the same proportional growth of 7.4 percent, which is directly in line with Ethereum’s growth. With ETH’s performance, there was a gain in the wider market mood, and this motivated increased profits in the corresponding assets.
Solana followed the trend, posting an 8 percent surge to $145.25. Its price increase appeared to gain momentum from ETH’s rally, as both networks support decentralized applications and attract similar investor profiles. Solana’s daily trading volume exceeded 6.9 billion dollars, a bright demonstration of its increasing power in the contemporary market cycle.
Also Read: Solana Executive Claims Ethereum Can’t Compete With Its True Decentralization
Altcoins Track Big Caps as Rally Extends Across Market
XRP (XRP) recorded an 8 percent rise to $2.20, moving in sync with the strong performance of BTC and ETH. Its daily volume crossed $4.3 billion, driven by renewed demand among traders seeking high-liquidity coins. Dogecoin (DOGE), often considered a speculative asset, also jumped 7.5 percent to $0.1662, indicating that positive sentiment had extended beyond core assets and into the meme coin sector.
BNB (BNB) increased by 3.2 percent to reach $642.55, a gain that reflected a steady trend in the upper-tier market and indicated a redistribution of capital inflows into utility and protocol tokens. TRON (TRX) added 2.2 percent to $0.2731, and it appears that even mid-cap projects were induced by the increased attention brought about by the leading blazers.
Bullishness gripped tokens further down the market, with smaller caps surging as VICE (VICE) propelled 73.2 percent higher and GAME by Virtuals (GAME) advancing 45.4 percent. LCX (LCX) increased by 40.7 percent, and tao.bot (TAOBOT) rose by 37.7 percent. Such aggressive rotations indicate that the energy of large-cap coins trickled to speculative investments since traders aimed to optimize short-term profit before the next rally.
Bitcoin’s rise above $105K acted as a catalyst for a broader 24-hour market rally. Ethereum and Solana followed closely, and their gains drove renewed activity across altcoins, reinforcing the crypto market’s interconnected nature during high-volatility periods.
Also Read: Whales and Gamblers Face Big Wins and Losses in Bitcoin Leverage Trading
The post 24-Hour Crypto Boom: Bitcoin, Ethereum, Solana Lead Explosive Rally appeared first on 36Crypto.
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