Cryptocurrency

Binance Coin is closing on a valuation of $500 after climbing 5% in the last 24 hours.

The crypto created by popular exchange Binance – which supports more than 1.4 million transactions per second – aims to become the infrastructure services provider for the entire blockchain ecosystem.

Its BNB token had reached $494 at the time of writing (7am UK) and is 21% higher than last Tuesday.

However it is still some way short of its all-time high of $690, set in May.

A slight increase for Bitcoin (BTC) saw it approach $62,500, less than $2k below its record valuation.

The cryptocurrency market leader is up 9% in a week.

Smart contract blockchain platform Ethereum, the world’s second most valuable crypto, dipped 1% to around $3,830. Also up 9% in a week, ETH’s all-time high – around $4,200 – is also within reach.

Meme coin Dogecoin (DOGE) leapt 5% to top 25 cents, which puts it 11% up over seven days.

Polkadot (DOT) dropped 3% to $41.32 yet remains 24% up over seven days thanks to a big leap last week.

£30m funding target for ‘financial super app’ Plum

Solana (SOL) was down less than 1% to $159, but remains 11% up over seven days.

Cardano (ADA) also fell less than 1% to $2.13, leaving it slightly higher than a week ago, while Ripple’s XRP remains at $1.10 and is slightly down over seven days.

The overall market cap of the more than 12,800 coins remained at $2.5 trillion, the same as 24 hours previously.

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.