Cryptocurrency

Avalanche has entered the top 10 most valuable cryptocurrency coins.

At the time of writing (7am UK), AVAX is worth $135 after a 38% climb in a week, overtaking both meme coin Dogecoin and its spinoff SHIBA INU.

The rise can be attributed to professional services giant Deloitte’s decision to build a disaster relief platform on Avalanche’s blockchain.

Avalanche founder Emin Gün Sirer said the development would “help state and local governments easily demonstrate their eligibility for federal emergency funding [and also] minimise fraud, waste and abuse”.

It was a good weekend for Solana (SOL), which had dropped below $200 before Friday morning but is now back at $220. However it remains 9% down in a week.

Market leader Bitcoin (BTC) moved from $56,300 on Friday morning to $57,300 but is 13% down on its seven-day price.

ETH, the world’s second most valuable crypto, climbed from $4,070 on Friday to $4,180, 11% down on last Monday morning.

Binance Coin (BNB) also gained value over the last three days, moving from $550 to $568. It is 13% down in a week.

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Ripple’s XRP coin is at $1.04 following a drop of a single cent – which leaves it 14% down on its position a week ago – while Polkadot (DOT) remained just below $40 and is down 15% over the last week.

Cardano (ADA) dropped 1c to $1.80, 13% down over seven days.

DOGE and SHIB are 16% and 17% down respectively over the course of seven days, with DOGE remaining just above 22c.

The overall market cap of the almost 14,600 coins stands at $2.56 trillion, up from $2.49tr on Friday morning.

To see how the valuations of the biggest movers and shakers – and main coins – have changed over the last few days, click here.

For valuations of the top 250 coins by market cap (updated every 15 minutes), their market cap plus 24-hour price change and volume traded, see below.

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