ADA, SOL, XRP: Altcoin Trading Volumes Surge As Crypto Rally Accelerates
Trading volumes in altcoins such as Cardano (ADA), Solana (SOL) and XRP (XRP) are surging as the current rally in cryptocurrencies accelerates.
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Cardano’s price has risen more than 6% over the past 24 hours as trading volumes spiked amidst a strengthening rally in digital assets. The price of Solana is currently at $152.45 per token, having gained as much as 5% in the past 24 hours. Cryptocurrencies trade 24 hours a day, seven days a week.
Altcoins are broadly defined as any cryptocurrency other than Bitcoin (BTC), which is the biggest digital currency by market capitalization. The current rally in altcoins comes with Bitcoin trading at $108,820 and on the cusp of an all-time high.
