Cryptocurrency

Solana was the only coin among the cryptocurrency majors to gain value over the weekend.

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

Its SOL token, which suffered falls towards the end of last week, moved from $203 on Friday morning to $205 at the time of writing (7am UK).

However it remains 6% down over seven days.

The other majors were down from Friday morning despite all recovering value in the last 24 hours.

Ripple (XRP) slumped from $1.03 to 99 cents and is 5% down on its price last Monday morning.

Market leader Bitcoin (BTC) dropped from $57,650 to $57,360 and is more or less where it was a week ago.

Ethereum (ETH), the world’s second most valuable token, fell from $4,400 to $4,325. The smart contract blockchain platform is 4% up in a week.

Binance Coin (BNB), which enjoyed three days of gains to the end of last week, fell from Friday’s position of $620 to $609. BNB is 7% higher than its price last Monday morning.

Polkadot (DOT) dropped from $38.50 to below $36 and is 10% down over seven days, while Cardano (ADA) fell from $1.64 to $1.58 and is 12% down in a week.

Meme coin DOGE fell to 21 cents – 7% down over seven days – while its Ethereum-based spinoff SHIBA INU (SHIB) is down 11% in a week.

Avalanche (AVAX), which was at $117 on Friday, is now below $112 and 17% down in a week.

The overall market cap of the almost 14,900 coins stands at $2.57 trillion, down from $2.62tr on Friday.

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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