As of the time of writing, the global cryptocurrency market has soared to a total capitalisation of US$3.33 trillion, up 1.14% in the past 24 hours, amid a surge in investor interest and strong performance from major tokens.
Bitcoin (BTC) continues to dominate the space with a 61.6% market share, trading at US$102,931.22, rising 0.71% over the past 24 hours. Ethereum (ETH) followed with a 9.4% dominance, up 2.05% to US$2,586.39, and posting an impressive 39.07% gain over the week.
In a notable shift, XRP has flipped Tether (USDT) to become the third-largest cryptocurrency by market cap, now valued at US$148.88 billion. XRP is trading at US$2.54, gaining 17.15% over the past 7 days, compared to USDT’s steady price of US$1.00 with negligible volatility.
Solana (SOL) also continued its rally, up 2.39% in 24 hours to US$176.16, riding on renewed interest in DeFi and NFT activity on its network.
The 24-hour trading volume for the crypto market stood at US$122.15 billion, up 18.24%. The Crypto Fear & Greed Index reflected ‘Greed’ with a score of 71, indicating strong bullish sentiment.
Among trending tokens:
- PENGU rose 1.03% to US$0.01406
- MECO jumped 12.23% to US$0.0009954
- ONDO gained 1.76% to US$1.00
Trending pairs on DexScan included:
- SKYAI/USDT at US$0.0757 (+4.41%)
- LAUNCHCOIN/SOL at US$0.268 (+23.41%)
- Fartcoin/SOL at US$1.29 (+6.27%)
With an Altcoin Season Index of 29/100, the market still leans towards Bitcoin dominance, though rising altcoin activity signals emerging opportunities for diversification.
