Bitcoin Surges Near $93K, Ethereum, SUI, and Solana Drive the Rally

As Bitcoin approaches the $93,000 mark, the cryptocurrency market is experiencing bullish momentum. In response to improving sentiments among investors, altcoins such as Ethereum, XRP, Solana, and the rapidly growing Sui (SUI) have experienced significant upward price movements.

Bitcoin (BTC) approached the $93,000 mark on Friday, setting the stage for further gains in altcoins such as Ethereum (ETH), XRP, Solana (SOL), and the rapidly growing Sui (SUI). As investor optimism grew, major tokens continued to display bullish momentum.

Among the top ten cryptocurrencies, only Chainlink (LINK) managed to stay in the green throughout the last 24 hours, while the rest of the tokens experienced a slight decline of up to 1%. However, despite this minor setback, most tokens demonstrated impressive weekly gains of over 5%, highlighting a broader bullish trend in the market.

Bitcoin Price Reaches $92k As Ethereum, SUI, Solana Rally

Bitcoin (BTC) has continued to maintain the crucial psychological levels above $92k, rising 0.64% over the last 24 hours. At the time of writing, BTC is trading at $92,611.11.

Bitcoin price is now up 7.37% over the last seven days. The biggest coin’s growth over the last week showcases a return of confidence, also as a store of value in the larger market context.

2. Ethereum (ETH)

Price: $1,765.86

1-hour Change: +1.19%

24-hour Change: +1.37%

7-day Change: +11.57%

Market Cap: $213.17 Billion

24-hour Volume: $19.89 Billion

Circulating Supply: 120.71M ETH

Ethereum has seen growth of over 11% within the week. This came from a fresh push derived from the growing transaction of decentralized applications and staking on DeFi platforms.

3. XRP (XRP)

Price: $2.18

1-hour Change: +1.06%

24-hour Change: +2.21%

7-day Change: +5.39%

Market Cap: $127.32 Billion

24-hour Volume: $4.73 Billion

Circulating Supply: 58.39B XRP

XRP has continued on a relatively sustained rise on the back of practicality in cross-border transactions while enjoying positive sentiment from legal clarity in certain jurisdictions.

4. BNB (BNB)

Price: $604.93

1-hour Change: +0.18%

24-hour Change: +1.68%

7-day Change: +3.96%

Market Cap: $85.23 Billion

24-hour Volume: $1.77 Billion

Circulating Supply: 140.89M BNB

BNB impressively remains above water with almost 4% gains for the week, reflecting the vigorous presence of Binance in the capital market and DeFi infrastructure.

5. Solana (SOL)

Price: $148.02

1-hour Change: +0.85%

24-hour Change: +0.93%

7-day Change: +13.90%

Market Cap: $76.57 Billion

24-hour Volume: $4.60 Billion

Circulating Supply: 517.31M SOL

Solana is the highest earner this week, thanks to its very low fees and lightning-fast transaction speed, which have continued to attract developers and investors. Its natively low fee structure and rapid transaction execution set it apart in the competitive landscape of blockchain networks. Moreover, Solana’s technical advancements in smart contracts and decentralized applications (dapps) have made it a preferred choice for building and deploying innovative Web3 projects.

6. Dogecoin (DOGE)

Price: $0.1732

1-hour Change: +1.09%

24-hour Change: +4.58%

7-day Change: +11.69%

Market Cap: $25.81 Billion

24-hour Volume: $1.74 Billion

Circulating Supply: 148.98B DOGE

Dogecoin is still a community favorite, evident in its nearly 12% rally this week. Notably, memecoin enthusiasm and merchant adoption have contributed to the recent surge in Dogecoin’s price.

7. Cardano (ADA)

Price: $0.6828

1-hour Change: +0.90%

24-hour Change: +1.34%

7-day Change: +11.69%

Market Cap: $24.10