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Cryptocurrencies including Bitcoin, Ethereum, Binance Coin, Solana, XRP are likely to play increasingly prominent roles in global finance and technology

The cryptocurrency market continues to experience fluctuations, with various factors influencing asset prices.

As of October 15, 2024, the cryptocurrency market continues to showcase a mix of steady growth and notable activity across various assets.

Here, delve into the market caps, trading volumes, and recent price trends that shaped the crypto market.

1. Bitcoin (BTC)

Bitcoin is currently trading at $65,346.61, reflecting a 4.59% increase over the past week. Its market cap stands at $1.29 trillion, with a 24-hour trading volume of $40.82 billion.

Despite minor fluctuations, Bitcoin continues to dominate, supported by a circulating supply of 19,767,768 BTC, showcasing its strong market presence.

2. Ethereum (ETH)

Ethereum’s price is at $2,601.58, experiencing a 7.41% rise over the past seven days. With a market cap of $313.19 billion and a 24-hour trading volume of $19.92 billion, Ethereum remains the second-largest cryptocurrency.

Its circulating supply is 120,385,428 ETH, benefiting from ongoing network developments and demand in the DeFi and NFT sectors.

3. Binance Coin (BNB)

Binance Coin is valued at $584.26, gaining 2.98% over the past week. The coin has a market cap of $85.26 billion and a daily trading volume of $1.78 billion.

With a circulating supply of 145,931,868 BNB, Binance Coin remains a staple in the Binance ecosystem, underpinning its services and exchange functionalities.

4. Solana (SOL)

Solana is trading at $155.05, marking an 8.22% increase over the week. Its market cap stands at $72.83 billion, with a 24-hour volume of $2.69 billion.

Solana’s circulating supply is 469,750,660 SOL, bolstered by its fast, low-cost blockchain technology, which appeals to DeFi and NFT projects.

5. XRP (XRP)

XRP is priced at $0.5462, experiencing a 3.07% increase over the past seven days. Its market cap is $30.94 billion, with $1.10 billion in trading volume over 24 hours.

XRP has a circulating supply of 56,645,058,199, sustaining its position as a popular option for cross-border transactions and payments.

6. Dogecoin (DOGE)

Dogecoin is trading at $0.1164, up by 7.39% over the past week. It has a market cap of $17.04 billion and a 24-hour trading volume of $1.04 billion.

With 146,371,976,384 DOGE in circulation, Dogecoin retains popularity driven by community support and a growing acceptance for transactions.

7. TRON (TRX)

TRON is currently priced at $0.1589, reflecting a 1.89% weekly gain. With a market cap of $13.75 billion and a daily volume of $381.4 million, TRON remains solid.

Its circulating supply is 86,544,340,903 TRX, and its blockchain technology supports decentralized applications and digital content.

8. Toncoin (TON)

Toncoin is valued at $5.27, with a modest 1.14% increase over the past week. The coin has a market cap of $13.37 billion and a 24-hour volume of $190.4 million.

Its circulating supply is 2,538,143,677 TON, reflecting steady interest from investors within the blockchain ecosystem.

9. Cardano (ADA)

Cardano is trading at $0.3598, showing a 1.96% increase over the last week. With a market cap of $12.58 billion and a 24-hour volume of $276.8 million, Cardano continues to progress.

Its circulating supply is 34,967,190,802 ADA, bolstered by its focus on scalability and sustainability.

10. Avalanche (AVAX)

Avalanche is priced at $28.73, experiencing a weekly gain of 7.93%. It has a market cap of $11.68 billion and a trading volume of $344.6 million over the past 24 hours.

With a circulating supply of 406,611,275 AVAX, Avalanche stands out due to its high transaction throughput and low costs.

As innovations and regulatory frameworks transformed, cryptocurrencies ranging from Bitcoin to Avalanche are likely to play increasingly prominent roles in global finance and technology.

Investors and enthusiasts should continue monitoring these developments as they shape the future of the crypto market.