Cryptocurrency

Solana was the only coin among the top 10 cryptocurrencies to gain value in the last 24 hours.

The Solana Foundation is an open-source project designed to facilitate the creation of decentralised apps, with the blockchain capable of processing 50,000 transactions per second.

Its SOL token stands at $245 at the time of writing (7am UK) following the 2% gain, putting it 3% up in a week.

Bitcoin and Ethereum, which hit record highs earlier this week, dropped for a second consecutive day.

After falling back 2% apiece in the previous 24-hour period, they shed a further 2% and 1% respectively.

Market leader Bitcoin (BTC) is now below $65,000, up 4% on last Thursday morning.

ETH, the world’s second most valuable crypto, stands just below $4,700. The smart contract blockchain platform is 2% up over seven days.

Cardano (ADA), a Proof-of-Stake blockchain platform which considers itself to be an updated version of Ethereum – and allows developers to create dApps – shed 5% to $2.11.

The only coin to gain value in the previous 24-hour period (2%), it is 3% up over seven days.

Polkadot (DOT) dropped 4% to below $49 and is 9% down over seven days, while Ripple’s XRP remained static – both over 24 hours and the course of a week – at $1.23.

Binance Coin (BNB) lost 1% to stand at $627 yet is 12% higher than last Thursday morning.

Dogecoin lost a further 4% to drop around 26 cents – 2% down on a week ago – while ‘Dogecoin killer’ SHIBA INU dropped 4% for a second consecutive day and is 9% down over seven days.

The overall market cap of the 14,000 coins is at $2.83 trillion, a fall of 2.1% 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.