Cryptocurrency

Solana suffered the second-largest fall in value of the top 100 cryptocurrency coins in the last 24 hours.

Solana, built to make decentralised finance accessible on a larger scale, is capable of processing 50,000 transactions per second.

At the time of writing (7am UK), its SOL token is at $207 after a 5% drop, which leaves it 3% down in a week.

Polkadot (DOT) shed 3% to sit at $38, 7% down over seven days.

It was a better 24 hours for Binance Coin (BNB), which gained 3% for a second consecutive day to top $600. BNB is 5% higher than its price last Thursday.

Market leader Bitcoin (BTC) reached $57,200 following a 1% increase in valuation, but remains 4% down over seven days.

Ethereum (ETH), the world’s second most valuable crypto, is at $4,270 following a less than 1% gain in the last 24 hours.

The smart contract blockchain platform is more or less where it was a week ago.

Cardano (ADA) shed 1% to $1.68, which leaves it 11% down in a week, while Ripple (XRP) fell less than 1% to $1.03 and is 7% down on its price last Thursday.

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Avalanche is closing on Dogecoin again and could soon retake its place in the top 10 most valuable coins.

Its token AVAX has benefited from Deloitte’s decision to build a disaster relief platform on the Avalanche blockchain. A 3% gain in the last 24 hours leaves it at $122, up 16% in a week, with a market cap of $27.2 billion.

Meme coin DOGE dropped below 22 cents with a 2% loss. It is 8% down over seven days and has a market cap of $28.6bn.

Its Ethereum-based spinoff SHIBA INU (SHIB) gained 1% after shedding 9% in the previous 24-hour period, which leaves it 17% down in a week.

It was enough to take it back above Crypto.com Coin (CRO), which fell 5%, in the valuation league table.

Gala (GALA) was the biggest climber among the top 100 coins after a 43% gain – leaving it more thab 200% up in a week – while BORA (BORA) gained more than 30%.

Oasis Network (ROSE) was the only coin to fall more than SOL, dropping 8% to around 37c. However it is 28% up over seven days.

The overall market cap of the almost 14,800 coins stands at $2.59 trillion, up 0.9% in the last 24 hours.

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.