Cardano, XRP, and Solana topped the charts with double-digit gains in under an hour, with Cardano (ADA) recording the highest jump...
The announcement led to ADA gaining over 70% in the 24-hour chart, XRP, and Solana topping the charts. The coins have seen double-digit gains in under an hour, with Cardano recording the highest jump.According to CoinMarketCap, at press time, ADA was trading at $1.10 with a market cap of over $38 billion. The coin recorded a massive jump of over 40% in the past hour, while the 24-chart showed an uptrend of over 74%.
Furthermore, in an added post, President Trump also clarified that the main part of the crypto reserve would be the top two cryptocurrencies in the market, Bitcoin and Ethereum . He, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!”
Notably, the additional post seems to have given the king coin a boost, which has recently seen a downward trend. According to CoinMarketCap, at press time, Bitcoin had regained its position above the $90k mark, trading at $91,210. The coin registered a gain of over 4% in the past hour and a gain of over 7% in the 24-hour chart.
Meanwhile, Ethereum seemed to be positioned much better than the top occupier. ETH was trading at $2438 at press time with an uptrend of 9.50% in the past hour. The 24-hour chart showed a gain of over 10%, while the 7-day chart was still painted red with a downtrend of over 13%.Priya is an independent cryptocurrency journalist at AMBCrypto. A student in business administration, Priya focuses on the latest developments in the cryptocurrency and blockchain technology space.
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